US PRE-MARKET MOVERS: PANW, GTLB, M, MDT, INTC, MRVL, YUM, T, BX/KKR/OWL

ES -0.1% NQ +0.3% RTY -0.3%

• PANW -2.5%: Shares gave up gains of c. 10% in extended trading after strong Q report & guidance
• GTLB -6%: Next Q profit view disappointed but raised FY outlook
• M +2.5%: EPS & profit beat alongside raising FY midpoint guidance
• MDT +3%: Top & bottom line surpassed exp.
• INTC +6.7%: Said progress to date could allow it to pull in some FY27 margin targets
• MRVL +12%: Continues to surge (+32.5% gains on Tues.) after Nvidia CEO Huang's $1tln Co. comments
• YUM +1.6%: Upgraded at MS
• T -1.1%: Downgraded at Oppenheimer
• BX -5.5% KKR -6.7% OWL -5.5%: Swiss Co. Partners Group caps withdrawal from a PE fund due to rising redemption pressure