US PRE-MARKET MOVERS: Samsung Electronics/MU/SNDK, NVDA, RBLX, TOL, LOW, ADI, TJX, ETSY, CI, TGT

ES +0.4% NQ +0.8% RTY +0.7%

• Samsung Electronics’ largest union will begin an 18-day strike on 21st May after wage talks collapsed; MU +3.7% SNDK +2.5%
• MU at a conference said its financial outlook has strengthened since last earnings call &on track for another substantial record FCF in Q3
• NVDA +1.6%: Earnings AMC; China last week banned NVDA RTX 5090D V2 imports
• RBLX +3%: Authorised share buyback of up to $3bln
• TOL +3%: Profit & rev. beat
• LOW -2%: Midpoint FY guidance light
• ADI -1.2%: Confirmed that it has agreed to acquire Empower Semiconductor for $1.5bln in cash; note, strong Q metrics & guidance
• TJX +4.5%: EPS, rev. & comp. sales topped
• ETSY +3.3%: Upgraded at Arete 
• CI -0.8%: Downgraded at Deutsche Bank
• TGT -2.5%: Solid Q report, but tone of comments in conference call was cautious