US PRE-MARKET MOVERS: AMD/INTC, DAL, JPM, CAH, BLK, ALB, AA, SNPS

US PRE-MARKET MOVERS: AMD/INTC, DAL, JPM, CAH, BLK, ALB, AA, SNPS

• AMD and INTC see gains following KeyBanc upgrades.
• Delta Air Lines (DAL) drops sharply on disappointing FY26 EPS guidance.
• Cardinal Health (CAH) and Albemarle (ALB) rise on positive outlooks and upgrades.

In the pre-market session, several notable stock movements are capturing the attention of traders and market participants. Advanced Micro Devices (AMD) and Intel Corporation (INTC) are experiencing gains of 2.5% and 3.7%, respectively, following upgrades from KeyBanc. This development is likely to influence sentiment in the semiconductor sector, as investors assess the potential for improved performance and market positioning of these tech giants.

Conversely, Delta Air Lines (DAL) is facing a significant decline of 5.2% after its fiscal year 2026 earnings per share (EPS) guidance fell short of market expectations. This has sparked discussions among traders about the potential impact on the broader airline sector, as well as the implications for travel demand and cost management strategies.

JPMorgan Chase & Co. (JPM) is up 0.7% in response to a strong 2026 net interest income (NII) outlook, which has been well-received by market participants. This positive sentiment towards JPMorgan may extend to the banking sector, as investors evaluate the potential for sustained profitability amid evolving interest rate environments.

Cardinal Health (CAH) has raised its fiscal year 2026 guidance, resulting in a 2.8% increase in its stock price. This move is likely to be viewed favourably by those monitoring the healthcare sector, as it suggests robust operational performance and strategic positioning.

BlackRock (BLK) remains flat despite announcing job cuts that will reduce its global headcount by approximately 1%. This decision is being closely watched by market participants for its potential impact on operational efficiency and cost management.

Albemarle Corporation (ALB) is up 2.5% following an upgrade from Deutsche Bank, which may prompt traders to reassess their positions in the materials sector, particularly in companies with exposure to lithium and other critical materials.

Alcoa Corporation (AA) and Synopsys (SNPS) are both experiencing declines of 2% and 2.2%, respectively, after downgrades from Wells Fargo and Piper Sandler. These downgrades are likely to influence sentiment in the materials and technology sectors, as traders consider the implications of these revised outlooks.

Trader Insight:

• Some traders may consider monitoring AMD and INTC for further momentum following the KeyBanc upgrades.
• Market participants are closely watching DAL for potential volatility in the airline sector after its EPS guidance miss.
• Investors could assess JPM for opportunities in the banking sector, given its positive NII outlook.
• Traders are observing CAH and ALB for potential strength in the healthcare and materials sectors, respectively, following positive guidance and upgrades.
• The downgrades of AA and SNPS may lead some to reassess risk exposure in the materials and technology sectors.

Disclaimer: This is not trading advice. For informational purposes only.