US PREMARKET MOVERS: SPCX, LLY, AMD, UBER, SHOP, BKNG, CVS, DIS, LCID
Newsquawk Staff ·
ES +0.5% NQ +0.3% RTY +0.3%
- SPCX -10.2%: Higher-than-expected capital spending on AI business offset earnings beat
- LLY +5.4%: Earnings & drug. rev beat; raised rev. guide
- AMD -8.6%: Higher-than-expected Q2 capex outweighs earnings beat
- UBER -3.1%: Rev. slightly short; guidance failed to impress
- SHOP +21.2%: Earnings beat w/ strong growth across GMV, rev., gross profit, and FCF
- BKNG +8.3%: Earnings beat
- CVS +2.5%: Adj. EPS & rev. beat
- DIS +2.9%: Adj. EPS beat
- LCID -8.0%: Losses and revenue missed expectations
- Merck & Co (MRK) and Moderna (MRNA) say safety profile of Intismeran plus Keytruda was generally consistent with previously reported studies of combination; significantly reduced the risk of recurrence or death by 42% compared to Keytruda alone
- Uber (UBER) puts all 30,000 employees on ChatGPT Work
- US EQUITY OPEN: Mag-7 earnings lead Tech and Indices lower as the Middle East situation remains fragile
- US PREMARKET MOVERS: META, TSLA, IBM, LRCX, BX, PG, CMCSA, SAP, BABA
- US BROKER MOVES: CME upgraded at JPM; BROS downgraded at RBC
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