US PRE-MARKET MOVERS: Mag-7, AVGO, LULU, GIII, COO, U

ES -0.5% NQ -1.1% RTY -0.6% Mag-7: MSFT +0.5% TSLA +0.1% AAPL -0.1% AMZN -0.4% META -0.5% GOOGL -0.6% NVDA -1.4% Google Cloud has quietly cut staff Tesla upgraded at JPM AVGO -1.7%: Weakness continues after losses of 12.6% on Thurs. following disappointing earnings report LULU -10.5%: Cut FY guidance alongside downbeat comms. GIII +7%: Shallower loss per shr. than exp., rev. beat & raised FY profit view COO +6%: EPS & rev. topped U +5%: Upgraded to 'Outperform' at Edgewater Research