US PRE-MARKET MOVERS: MSFT, AVGO, HPE, SNOW, PVH, CIEN, VSXY, CPB

ES +0.1% NQ -0.1% RTY flat

• MSFT +0.3%: Will begin disclosing quarterly Azure sales
• AVGO -3%: Next Q rev. & margin outlooks light, outweighing stronger Q results & raised longer-term AI rev. forecast
• HPE -3.7%: Solid results & lifted outlook but persistent supply constraints, particularly in memory & other components, weigh
• SNOW +24%: Strong Q metrics alongside raising FY rev. & margin outlook
• PVH +3%: Top & bottom line surpassed Wall St. exp.
• CIEN +1%: EPS & rev. beat w/ solid FY top line outlook
• VSXY -22%: Rev. slightly missed
• CPB -12%: Top & bottom line slightly short, cut Q div. & guided FY27 below est.