US PRE-MARKET MOVERS: Samsung Electronics, XOM, AAPL/META, AMZN, BAC/JPM/GS

ES +0.1% NQ +0.3% RTY +0.3%

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  Samsung Electronics: Weak prelim Q2 nos.; Op. profit fell 56% due to AI chip inventory write downs linked to US export curbs to China


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  XOM -0.5%: Expects Q2 earnings to be negatively impacted by $0.8-1.2bln from lower liquids prices & $0.3-0.7bln from lower gas prices vs Q1


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  AAPL flat: Cos. top AI models exec, Ruoming Pang, is leaving for META +0.5%


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  AMZN +0.3%: Extended Prime Day to a four-day event starting Tuesday, rebranding it as “Prime Week”


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  BAC -1.8% JPM -0.3% GS -0.3%: All downgraded at HSBC

08 Jul 2025 - 12:38- EquitiesUS Research- Source: Newsquawk