US PRE-MARKET MOVERS: PARA/AAPL, PFE, MRVL, ULTA, DELL, ESTC, IOT, DIS, BABA

ES -0.2% NQ & RTY -0.3%

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  PARA +3.5%: PARA & AAPL have discussed bundling their streaming services.


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  PFE -5%: Would halt development of its twice-daily experimental weight-loss pill.


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  MRVL -4.5%: Next Q guidance light.


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  ULTA +12.5%: EPS, rev. & comp. sales beat; Narrowed FY23 guidance towards top end of prev. ranges.


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  DELL -4.5%: Rev. missed amid a slower-than-exp. recovery in hardware & software mkt.; Q4 guidance light.


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  ESTC +21%: EPS & rev. beat; Next Q rev. topped view topped & raised FY24 outlook.


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  IOT +12%: EPS & rev. beat; Next Q rev. guide strong & lifted FY24 outlook.


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  DIS +0.5%: Reinstated Q div. of $0.30/shr for H2 FY23.


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  BABA -1.8%: Downgraded at MS noting concern over a slower-than-exp. rebound in Alibaba’s cloud segment.

01 Dec 2023 - 14:22- EquitiesResearch Sheet- Source: Newsquawk