US PRE-MARKET MOVERS: GOOGL, AMZN, MSFT, META, QCOM, PWR, CVNA, CAT, RCL, LLY, MO, MRK, MA

ES +0.4% NQ +0.6% RTY flat GOOGL +7.5%: Stellar results; strong rev. & profit growth, as well as booming cloud demand & mgmt. saying AI is driving growth across the business AMZN +3.5%: Stellar report; EPS, rev., AWS sales beat w/ ad growth, accelerating cloud momentum, & upbeat Q2 sales guidance. MSFT -1%: Concerns over record AI-driven capital spending, modest cloud growth & next Q rev. view underwhelmed META -8.5%: Concerns over higher AI infrastructure spending & raised capex, again, which is weighing on shares QCOM +10%: Initially sold off amid weak guidance, but reversed as metrics beat & said shipments to a large hyperscaler data centre customer will start earlier than prev. indicated & expectations Chinese smartphone market will bottom in Q3 PWR +9.5%: Q1 metrics impressed as did FY view CVNA +8.5%: Top Q1 report CAT +6%: EPS 7& rev. topped RCL +6%: Strong profit results LLY +6%: EPS, rev. surpassed Wall St. exp. w/ stellar FY guidance MO +2.2%: Top & bottom-line beat MRK +1.5%: Shallower loss per shr. than exp., rev beat as did Keytruda sales MA -2%: Switched volume & cross border volume during Q1 both missed