US PRE-MARKET MOVERS: NVDA, CHKP/PANW, INFY, WFC, BAC, RIVN
SourceNewsquawk
SectionUS Equities
ES -0.3% NQ -0.5% RTY -0.2%
- NVDA -0.8%: US approved selling H200 AI chips to China, subject to sufficient US supply, security assurances & non-military use
- CHKP -3% PANW -3%: China banned cybersecurity software from various firms W/ banned firms incl. PANW & CHKP
- INFY +2.2%: Rev. & op. margin missed, but FY rev. outlook impressed
- WFC -1%: Top & bottom line light
- BAC +1.5%: EPS, rev., NII beat w/ provision for credit losses less than exp.
- RIVN -3%: Downgraded at UBS