US PRE-MARKET MOVERS: LITE, RIVN, JCI, AMGN, BAC, UPS, AMD, SMCI, ANET, UPST, PINS, AXON

ES -0.1% NQ -0.2% RTY +0.3%

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  LITE +17%: Top & bottom-line surpassed exp. w/ strong outlook


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  RIVN +4%: Rev. beat & shallower loss per. shr than anticipated


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  JCI +3.7%: EPS & rev. beat w/ strong next Q & FY outlook


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  AMGN +3%: Stellar report; major metrics beat & raised guidance


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  BAC -1.1%: Announced new 3-5yrs targets; ROTCE 16-18%, EPS 12%+, CET1 ratio 10.5% NII improvement 5-7% CAGR over 2026-2030


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  UPS -2%: UPS cargo plane crashed shortly after take-off near Louisville Muhammad Ali International Airport


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  AMD -5%: Investors took profits following a strong rally, despite EPS & rev. topping w/ solid outlook


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  SMCI -8.5%: EPS & rev. light w/ weak next Q profit view


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  ANET -11%: Weaker than exp. guidance signalling a sharp sequential slowdown in rev. growth & slightly lower margins


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  UPST -14%: Disappointing earnings report


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  PINS -18.5%: Profit miss & weaker-than-exp. top line view


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  AXON -19%: Profit way short of exp.

05 Nov 2025 - 12:43- EquitiesUS Research- Source: Newsquawk