US PRE-MARKET MOVERS: INTC, SNDK, AMZN, DXC, RBLX, PINS, RDDT, MDLZ, GD, SYK

ES -1.1% NQ -2.6% RTY -0.5%

• INTC -25%: Rev. & FCF light w/ dismal next Q view, driven by prolonged PC market weakness & memory shortages
• SNDK -9%: Weaker-than-exp. op. cash flow & investor concerns over the sustainability of AI spending outweighed solid earnings, guidance & stock split
• AMZN -6.5%: Top & bottom line missed as did net income w/ higher-than-exp. AI infra spending & deteriorating FCF
• DXC -13%: Weak outlook & mgmt. warned of a prolonged recovery in its core business
• RBLX -17%: Rev. short, light Q4 bookings view & declining user engagement following stricter child-safety measures
• PINS -8%: EPS & rev. short as was Q4 outlook
• RDDT -21%: Q4 outlook short
• MDLZ +6.5%: EPS beat
• GD +3.5%: Top & bottom line surpassed Wall St. exp.
• SYK -11%: EPS & rev. missed w/ weak FY profit outlook