US PRE-MARKET MOVERS: M, TSM, GOOG, Big Tech, NVDA, MRVL, ZS, ALGM/ON, BABA, WMT

ES -1.1% NQ -1.4% RTY -1.2%

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  M -3%: Disappointing Q1 guidance


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  TSM -2.5%: Slightly adjusted its CoWoS capacity target for 2025 downward


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  GOOG -0.8%: Launched a YouTube Premium Lite pilot in the US


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  Big Tech: President Trump is set to meet with CEOs from HPE, QCOM, INTC, & IBM next Monday


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  NVDA -2%: Execs said despite strong Q4 Blackwell rev., ongoing supply chain & product variant challenges (e.g. GB200), may influence future rollouts


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  MRVL -17%: Earnings report didn’t live up to lofty investor expectations


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  MDB -18%: Weak FY guidance


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  ZS +4.5%: EPS & rev. topped; Raised FY25 outlook


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  ALGM +9.5%: ON disclosed it made a $6.9bln for ALGM, offering $35.10/shr; ALGM responded, calling the bid “inadequate”


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  BABA +2%: Launches AI model


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  WMT -1%: Walton Family Holdings Trust sold 2.82mln WMT shares worth $307.5mln, though retains significant stake

06 Mar 2025 - 12:42- EquitiesUS Research- Source: Newsquawk