US PRE-MARKET MOVERS: NVDA, Samsung, IBM/GFS/QBTS/RGTI/INFQ, WMT, RL, OXY

SourceNewsquawk
SectionUS Equities

ES -0.4% NQ -0.6% RTY -0.8%

  • NVDA flat: Usual beat & raised guidance, but shares weighed on amid lofty investor expectations
  • Samsung Electronics’ largest union suspended a planned strike after reaching a tentative pay agreement
  • US reportedly set to award quantum computing firms $2bln and take equity stakes, WSJ reports; IBM +6.5% set to receive $1bln, GFS +13.5% $375mln; Other Cos. incl. QBTS +15.5% RGTI +14% INFQ +22%
  • WMT -2%: Next Q EPS guidance light
  • RL +10%: Rev. beat & approves 10% dividend increase
  • OXY +2%: Upgraded at Goldman Sachs
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