US PRE-MARKET MOVERS: AMD/META/NVDA, KEYS, HD, KDP, WBD, PYPL, JPM, FANG, NVO/LLY, HIMS
SourceNewsquawk
SectionUS Equities
ES -0.1% NQ +0.2% RTY -0.1%
- AMD +10.5%: META signs blockbuster AMD deal to spend billions on AI gear & to acquire shares of AMD; NVDA -1.2%
- KEYS +15%: Top, bottom line beat & issued stronger than exp. next Q outlook
- HD +2.5%: Profit & rev. beat, raised div. 1.3% & SSS surprisingly rose
- KDP +2%: EPS & rev. beat
- WBD +1.2%: PSKY reportedly raised its bid for WBD, increasing its prev. $30/shr offer in an effort to outbid NFLX
- PYPL +0.1%: Attracting takeover interest from banks & at least one large rival w/ with some parties considering whole Co. & others specific assets
- JPM -0.2%: Q1 IB fees & trading rev. exp. to rise by a mid-teens percentage Y/Y; now sees FY NII of ~$104.5bln (prev. 103bln)
- FANG -2.5%: Profit light
- NVO -2.8%: To cut Ozempic & Wegovy prices by up to 50% starting Jan. ‘27, WSJ reports; LLY -2%
- HIMS -7%: Light next Q rev. view