Premarket movers: Mag 7 stocks are mixed (Apple +0.3%, Alphabet +0.2%, Meta +0.3%, Microsoft little changed, Tesla -0.4%, Amazon -0.5%, Nvidia -0.6%). Crypto-linked stocks rose with Bitcoin prices as President Donald Trump said the House will pass the GENIUS Act stablecoin bill on Wednesday after a procedural vote Tuesday failed (Strategy +1.5%, Circle Internet Group +1.6%, Coinbase +0.8%, Galaxy Digital +4.1%, Hut 8 +2.3%, Hive Digital Technologies +0.7%, MARA Holdings +1.8%, Cleanspark +1.8%, Riot Platforms +2.1%, Cipher Mining +0.5%, Bitfarms +2.9%, Terawulf +1.6%, Bit Digital +6.4%, SharpLink Gaming +13%, and Bitdeer Technologies +2.6%). ASML ADRs (ASML) fall 8.4% after the chip equipment maker struck a more cautious tone about growth outlook next year. JB Hunt reported 2Q earnings that beat estimates, but flagged “higher professional driver wages and equipment-related costs.” Brighthouse Financial (BHF) is up 7.4% on light volume after the Wall Street Journal said Aquarian is in exclusive talks to buy the provider of annuities and life insurance, citing people familiar. Global Payments (GPN) is up 6.4%; activist investor Elliott Investment Management has amassed a sizable position in payments services company, according to a person with knowledge of the matter. Renault SA shares sank 16% after the automaker lowered its profitability outlook for the year and named company veteran Duncan Minto interim chief executive officer. Nvidia Corp. boss Jensen Huang anticipates getting the first batch of US licenses to export H20 AI chips to China soon. Barclays Plc was fined £42 million ($56 million) over failures to properly identify financial crime risks with two clients. Huawei Technologies Co. took the top spot in China’s smartphone market for the first time in more than four years.
66.44K