US PRE-MARKET MOVERS: NVDA, CSCO, BA, WHR, TTWO, FISV, KLAR
SourceNewsquawk
SectionUS Equities
ES +0.3% NQ +0.3% RTY +0.1%
- NVDA +2%: Huang said China meetings were “excellent” & US reportedly approved ~10 Chinese firms to buy H200 chips, but Bessent later said “would be news to him”
- CSCO +17%: EPS & rev. beat, issued stronger-than-exp. guidance, highlighted surging AI infrastructure orders despite announcing job cuts
- BA +1.4%: Bessent, on trade w/ China, thinks there will be large BA orders
- WHR -1.5%: Downgraded at Goldman Sachs
- TTWO +4.5%: GTA 6 pre-order emails have reportedly been sent out to some with a pre-order window between May 18th-21st
- FISV +2%: To develop first-party agents with OpenAI on the Agentos platform
- KLAR +11.5%: rev. & GMV topped