US PRE-MARKET MOVERS: Mag-7, AVGO, LULU, GIII, COO, U

SourceNewsquawk
SectionUS Equities

ES -0.5% NQ -1.1% RTY -0.6%

  • Mag-7: MSFT +0.5% TSLA +0.1% AAPL -0.1% AMZN -0.4% META -0.5% GOOGL -0.6% NVDA -1.4%
  • Google Cloud has quietly cut staff
  • Tesla upgraded at JPM
  • AVGO -1.7%: Weakness continues after losses of 12.6% on Thurs. following disappointing earnings report
  • LULU -10.5%: Cut FY guidance alongside downbeat comms.
  • GIII +7%: Shallower loss per shr. than exp., rev. beat & raised FY profit view
  • COO +6%: EPS & rev. topped
  • U +5%: Upgraded to 'Outperform' at Edgewater Research
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