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US PRE-MARKET MOVERS: AAPL, SNDK, DECK, SOFI, CL, TSLA, VZ, CVX, SCHW, NVDA, WDC

SourceNewsquawk
SectionUS Equities

ES -0.4% NQ -0.5% RTY -0.8%

Trump names Warsh new Fed Chair

  • AAPL -0.5%: Despite initially rising after EPS, rev., & Greater China sales beat w/ exceptionally strong demand for the latest iPhone models
  • SNDK +22%: Smashed profit exp., beat on rev. & raised guidance, citing exceptionally strong demand for memory & storage products
  • DECK +12%: Top & bottom-line surpassed exp. alongside lifting FY outlook
  • SOFI +6%: EPS, rev. topped w/ solid FY outlook
  • CL +2.7%: Results impressed
  • TSLA +2.5%: SpaceX is considering a potential merger with Tesla, or alternatively with AI firm xAI
  • VZ +2.3: EPS, rev., & postpaid phone net additions topped w/ strong FY profit view
  • CVX +0.2%: Beats Q4 profit estimate & eyes Venezuela investment opportunities
  • SCHW -0.2%: Paul Woolway will retire as CEO on 1st July & Tyler Woulfe will succeed him; also, raises Q div. 19% to $0.32/shr
  • NVDA -1%: China has reportedly given conditional approval to DeepSeek for H200 chip
  • WDC -2%: Plans to monetise its remaining 7.5mln SNDK shares before 1yr anniversary of the separation
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