US PRE-MARKET MOVERS: NVDA, MU, BABA, NXT, NBIS, SATS, WIX

ES +0.2% NQ +0.7% RTY +0.2%

• NVDA +2.2%: CEO Huang joins Trump’s China trip, igniting hopes for a H200 deal
• MU +5.9%: BofA raised its PT on Co. to $950 (prev. $500)
• BABA -2%: Rev. way light
• NXT +14%: EPS & rev. topped alongside raising FY top line guidance
• NBIS +13%: Adj. EBITDA & rev. beat
• SATS +4.5%: FCC approved Cos. $40bln sale of wireless spectrum to T & SpaceX
• WIX -15%: Top & bottom line disappointed

Re. Trump/Xi meeting, CEO’s/senior execs attending are:

• AAPL -0.2%
• BLK flat
• BX -0.2%
• BA +0.6%
• CSCO -0.1%
• C -0.5%
• COHR +8%
• GE -0.1%
• GS -0.3%
• ILMN +1.4%
• MA -0.6%
• META -0.4%
• MU +5.9%
• NVDA +2.2%
• QCOM +4.3%
• TSLA +1.1%
• V -0.5%