US PRE-MARKET MOVERS: RDDT, AMAT, LRCX, AAPL, TSN, W, SNDK

ES +0.1% NQ +0.3% RTY flat

• RDDT +10.5%: Will replace AVB in the S&P 500 before trading on 18th August
• AMAT -6%: Lofty investor exp. overshadowed solid Q results, strong outlook, & continued strength in AI-related semiconductor equipment demand
• LRCX -0.8%: Plans to invest > $3bln over the next 5yrs to expand its global R&D laboratory network
• AAPL flat: Trains its own AI model for China market with BABA's support
• TSN +1.3%: To close or sell 3 US beef facilities as industry struggles
• W +5.5%: Upgraded at Bernstein to 'Outperform' from 'Market Perform'
• SNDK +7%: Upgraded at JPM to 'Overweight' from 'Neutral'