SOXX

🇺🇸US pre-market movers🇺🇸
ES +0.7% NQ +1.1% RTY +0.8%

$INTC, $AMD, $ARM) - All lower in pre-market, adding to downside from late session Tuesday after OpenAI announced Astra 6 - all three were beneficiaries of Meta's Muse. $SOXX -1.5% in pre-market trade.

$MSFT +0.9%: Plans to increase Copilot discounts as it launches an AI “super app”, according to The Information. Meanwhile, Stifel upgraded MSFT to Buy from Hold.

$BABA -3.6%: Chinese AI stocks fell after a report that regulators opened a data security probe into DeepSeek and Moonshot AI

$FUN +1.5%: Activist investor Jana Partners is urging Six Flags Entertainment to hire banks and explore a sale, according to WSJ.

$KBH -3.3%: Reported weaker housing demand, lower deliveries and orders, and softer housing conditions, which outweighed an earnings beat.

$GIS +0.3%: Earnings beat.

$GEHC +1.1%: Raised its quarterly dividend +14% to USD 0.04/shr.

$IMVT -6.1%: Study of IMVT-1402 in cutaneous Lupus Erythematosus. Did not achieve statistical significance on the primary endpoint.

$PAYX -7.4%: Stock slides despite EPS and revenue beat.

$CTAS -0.9%: Stock also slides despite top and bottom line beat while the co. also raised guidance in line with forecasts.