US PRE-MARKET MOVERS: CSCO, CBRS, STUB, ARX, F
US pre-market movers show sharp declines for CSCO, CBRS, and STUB despite some earnings beats, while ARX surges on a Thoma Bravo buyout and Ford shifts production to the US.
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ES +0.2% NQ +0.1% RTY +0.2% CSCO -6%: Q numbers beat & issued stronger than exp. guidance; analysts note stock had already rallied sharply into earnings on optimism around its growing role in AI infrastructure CBRS -17.5%: Q rev. missed & GMs declined, raising concerns about scaling & customer adoption STUB -17%: Q2 profit miss & GMs missed ARX +45%: To be taken private by Thoma Bravo for $20.25/shr; closed Wed. at 13.61 F +0.2%: To move prod. of some Lincoln models from China to US
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