US PRE-MARKET MOVERS: META, TSLA, IBM, LRCX, BX, PG, CMCSA, SAP, BABA
The supplied premarket report showed lower futures and mixed single-stock moves, citing company earnings and outlooks, while separate later coverage reported Chinese regulatory scrutiny of e-commerce platforms.
News detail
ES -0.9% NQ -1.6% RTY -0.4% META -3.0%: Earnings beat, raised FY capex to the high end; FY27 outlook limited. TSLA -3.9%: Cautious outlook for Optimus, delayed robotaxi revenue, and high expected chipmaking costs overshadowed EPS beat. IBM -6.6%: GM declined w/ consulting rev. flat. LRCX -8.5%: Guidance underwhelmed some expectations. BX -3.3%: Revenue missed. PG +3.1%: Earnings beat. CMCSA +1.3%: Adj. EPS & rev. beat. SAP +1.7%: Cloud revenue and backlog growth beat expectations. BABA -3.9%, PDD -2.1%, JD -2.6%: Chinese regulators reportedly summoned major e-commerce platforms over product quality.
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