US PRE-MARKET MOVERS: BLK, JNJ, JPM, WFC, BE, LCID, GSAT, AAL/UAL, TSLA, MSFT, HPQ/DELL
SourceNewsquawk
SectionUS Equities
ES +0.2% NQ +0.4% RTY +0.5%
- BLK +2.5%: EPS & rev. topped
- JNJ -0.4%: Despite strong report as top & bottom-line surpassed exp., marginally lifted FY rev. view & raised Q div. c. 3%
- JPM -1%: FY NII guidance fell short; note, EPS, rev., & FICC rev all beat
- WFC -2.2%: Rev. & NII missed
- BE +15%: Expanded its partnership w/ Oracle to support AI & cloud infrastructure buildout
- LCID +13.5%: To receive new investments from PIF & UBER w/ UBER/LCID expanding robotaxi partnership to at least 35k vehicles
- GSAT +8.7%: AMZN in advanced talks to acquire the Co.
- AAL +7.2% UAL +3.4%: United Airlines CEO pitched a possible merger w/ American Airlines to senior government officials
- TSLA +1.8%: Upgraded at UBS
- MSFT +0.9%: Sharply raised prices across its Surface device lineup amid a memory chip shortage
- HPQ -2.3% DELL -2.5%: NVDA denied reports that it is in discussions to acquire a PC manufacturer, calling the claims false; DELL & HPQ rallied on Mon. following the initial reports