US PRE-MARKET MOVERS: ON/SYNA, OpenAI, AAPL, NKE, AMAT
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Exail (EXA FP) says in talks with Safran (SAF FP) on takeover at EUR 128.5/shr
BCB sells 20,000 reverse FX swap contracts at auction; sells USD 1bln in spot dollar auction
US PRE-MARKET MOVERS: ON/SYNA, OpenAI, AAPL, NKE, AMAT
Canadian Wholesale Sales MoM Prel (May) M/M -0.7%
US Wholesale Inventories MoM Adv (May) M/M 0.3% vs. Exp. 0.2%
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ES -0.4% NQ -1.1% RTY -0.5%
- ON -15% SYNA +3.5%: ON announced an all-stock deal to acquire SYNA for c. $7bln
- OpenAI reportedly leaning towards delaying its IPO until 2027; ARM -4.5% MRVL -4.5% AMD -4% INTC -3.7%
- AAPL +0.4%: Following Apple’s worst day in over a year on Thurs., shares see a slight rebound in pre-market trade
- NKE -0.8%: Downgraded at KeyBanc
- AMT +2%: Upgraded at RBC
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