US PRE-MARKET MOVERS: NKE, SSTK/GETY, STZ, CAT, BE, MSFT, GIS, KR, CRM
SourceNewsquawk
SectionUS Equities
ES -0.2% NQ -0.5% RTY -0.3%
- NKE -2.5%: Cautious demand comms., pressure on consumers, guidance & ongoing weakness in China outweighed stronger-than-exp. results
- SSTK -32%: GETY said it would terminate their planned merger following a UK CMA ruling
- STZ +1%: Solid results, resilient beer sales, reaffirmed profit guidance outweighed a rev. declined linked to wine & spirits divestitures
- CAT -2.5%: Investor Michael Burry said he is shorting CAT for the first time
- BE +7.5%: Co. & Brookfield expanded their AI infrastructure power partnership to $25bln from $5bln
- MSFT +2%: Plans to announce fresh job cuts & exp. to be less than 2.5% of its workforce
- GIS +4.5%: EPS & rev. topped
- KR -2.8%: Announces agreement to acquire Giant Eagle w/ deal valued at $1.65bln
- CRM +4%: Upgraded at Guggenheim