US PRE-MARKET MOVERS: BABA, GNK, NVDA, UNH, MBLY, SNDK, SNAP, SHOP, RTX
Alibaba pivots to AI via gaming unit sale, while Nvidia and RTX secure major infrastructure and defense deals amidst failed shipping M&A and a tax probe into UnitedHealth.
News detail
ES +0.1% NQ +0.4% RTY -0.2% BABA +2.4%: Selling its Gaming unit for at least $1.5bln to fund its AI push GNK -4%: DSX +7.3% withdrew its offer to acquire GNK, citing demands from the Genco board it deemed unrealistic NVDA & OpenAI are nearing a deal to finance a large-scale data centre campus in Ohio UNH -0.5%: IRS investigating UNH over alleged underpayment of taxes between 2017-20 via a foreign subsidiary MBLY -3%: Upgraded at Berenberg SNDK +4.5%: Continues on recent rally SNAP -5%: Paring pre-market losses, as was down as much as 13% SHOP -2%: Downgraded at Phillip Secs. RTX +1.2%: US Navy awards Co. $22.9bln contract to boost output of tomahawk missile
Related stocks
10 stocksWhat do investors think?
StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.
