US PRE-MARKET MOVERS: Mag-7, BX, AKAM, ADI, HD, STUB
The Iranian sailors arrested by US last April were transferred to Pakistan, Al Arabiya reports citing sources; will return to Tehran on Thursday
BCB Director David says de-anchored inflation expectations forced higher rates for longer; adds monetary policy remained effective despite credit stimulus
US PRE-MARKET MOVERS: Mag-7, BX, AKAM, ADI, HD, STUB
US ADP Employment Change Weekly 42.25K (Prev. 33K)
"Severe earthquake in Lorestan province", Iran, Mehr News reports; reports suggests 4.6 magnitude
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ES -0.4% NQ -0.8% RTY -0.5%
- Mag-7: MSFT +1% GOOGL +0.4% META -0.5% AAPL -0.6% AMZN -0.7% NVDA -0.9% TSLA -1.2%
- BX +0.8%: Google & BX plan to create a US AI cloud Co. using Google’s specialised chips
- AKAM -3.8%: Will offer $1.3bln of 0% convertible senior notes due 2030 & $1.3bln due 2032
- ADI -1.5%: In advanced talks to acquire Empower Semiconductor for $1.5bln in cash
- HD -0.5%: Top & bottom line beat but SSS missed; Backed FY guidance
- STUB +6%: Upgraded at Guggenheim
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