US PRE-MARKET MOVERS: NSA/PSA, NBIS/META, SOC, INTU, META, BABA, VG, OWL, F, DLTR

ES +0.7% NQ +0.8% RTY +0.8%

• NSA +21.7%: To be acquired by PSA for $41.68/shr in a $10.5bln deal; NSA closed Fri. at $30.94/shr
• NBIS +15.7%: Signed $12bln AI capacity deal w/ META; Meta to spend up to $27bln over 5yrs on AI deal
• SOC +15%: Ordered to restore ops. at Santa Ynez Unit & Santa Ynez Pipeline System
• INTU +2.5%: Halts mgmt. stock sales & accelerates buyback
• META +3%: Techzine reported META denies rumours of sweeping layoffs to fund AI which could affect up to 20% of its workforce
• BABA +2.5%: Plans to launch an agentic AI service for Cos. based on its Qwen model
• VG +1.5%: DoE authorised immediate 13% increase in exports from Plaquemines LNG terminal in Louisiana
• OWL +1.5%: Board unanimously urged shareholders to reject minority tender offer from Cox Capital Partners & Saba Capital Management for up to 8mln shares, worth c. $ 30mln
• F +0.3%: Authorised repurchases of up to 31.7mln shares under an anti-dilutive buyback prog.
• DLTR -0.5%: EPS, rev. beat & sees annual sales largely below exp.