US PRE-MARKET MOVERS: SNDK, ZS, SMTC, PODD, VRRM, HIMS, DY, BBWI, FDX, DG
Pentagon draws up Iran target list on May 27 as Trump prepares to resume strikes; planned operation named "Big Hammer"; targets include Natanz and Isfahan nuclear sites, Kharg oil facilities, power plants, military command and comms centre - UNCONFIRMED
Canadian PM Carney says they are in talks to buy Saab's (SAABB SS) globaleye aircraft
US PRE-MARKET MOVERS: SNDK, ZS, SMTC, PODD, VRRM, HIMS, DY, BBWI, FDX, DG
China’s Military says a Dutch vessel repeatedly launched carrier-based helicopters to intrude into China’s airspace.
[MARKET UPDATE] Risk-on move as Iranian State TV reports draft of the initial unofficial framework for MoU with US; Brent loses around $2/bbl, equities and fixed income bid, high-beta FX boosted
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ES+0.3% NQ +0.8% RTY +0.5%
- SNDK +2.8%: Upgraded at Barclays to 'Overweight' from 'Equal Weight'
- ZS -23.8%: Q4 rev. outlook missed gave "disappointing" initial FY27 guidance
- SMTC +13.1%: EPS & rev. beat
- PODD -3.9%: Announced a voluntary medical device correction for specific lots of several pods
- VRRM -55.1%: Received a contract termination notice from CAR, effective September 2026
- HIMS +2.2%: Board Member Wells bought ~$1.2M in stock
- DY +25.8%: Earnings & guidance beat
- BBWI +12.8%: Adj. EPS beat
- FDX +2.2%: Upgraded at JPMorgan to 'Overweight' from 'Neutral'
- DG -1.6%: Downgraded at Deutsche Bank to 'Hold' from 'Buy'
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