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U.S. STOCKS ON THE MOVE-Leidos, Marathon Petroleum, Qnity

BUZZ-U.S. STOCKS ON THE MOVE-Leidos, Marathon Petroleum, Qnity

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- U.S. stock index futures rose on Tuesday after strong forecasts from Palantir and ON Semiconductor reassured investors about AI-driven demand, while Middle East developments and U.S. earnings were also in focus to gauge the health of corporate America. .N

** Palantir Technologies Inc PLTR.O:
BUZZ - Jumps after raising annual revenue outlook on strong AI-powered software demand nL4N4410GY

** Snap Inc SNAP.N:
BUZZ - Rallies as robust ad sales lift quarterly revenue above estimates nL4N4410IO

** Powell Industries Inc POWL.O:
BUZZ - Tanks after Q3 revenue miss nL4N4410KM

** Caterpillar Inc CAT.N:
BUZZ - Rises after Q2 profit jumps nL4N4410SW

** McDonald's Corp MCD.N:
BUZZ - Gains as quarterly profit beats estimates nL6N4410LZ

** Merck & Co Inc MRK.N:
BUZZ - Q2 revenue seen rising, deal to weigh on bottom line nL6N44017G

** On Semiconductor Corp ON.O:
BUZZ - Gains as forecast tops estimates, Q2 beat nL6N4410J0

** Nike Inc NKE.N:
BUZZ - Loses ground after JPM warns reset efforts may weigh through FY28 nL4N4410OM

** Archer-Daniels-Midland Co ADM.N:
BUZZ - Rises after raising annual profit outlook nL4N4410Q6

** Prologis Inc PLD.N:
BUZZ - Slips after launching about $2 bln stock offering for Segro acquisition nL6N4410R1

** Meta Platforms Inc META.O:
BUZZ - Struggles to clear short-term technical ceiling nL4N4410TF

** IDEXX Laboratories Inc IDXX.O:
BUZZ - Rises after raising annual profit forecast nL4N4410O5

** Merck & Co Inc MRK.N:
BUZZ - Climbs on quarterly revenue beat nL4N4410UY

** Leidos Holdings Inc LDOS.N:
BUZZ - Gains after upbeat annual revenue forecast nL4N4410WL

** Marathon Petroleum Corp MPC.N:
BUZZ - Climbs as quarterly profit beat estimates nL4N4410WP

** Qnity Electronics Inc Q.N:
BUZZ - Jumps on annual forecasts raise nL6N4410T3

** Applied Optoelectronics Inc AAOI.O:

** Lumentum Holdings Inc LITE.O:

** Coherent Corp COHR.N:

BUZZ - US photonics firms jump after report US drafting ban on Chinese data center products nL4N4410Y5


(Rajarshi Roy and Kunal Das)

((Rajarshi.Roy@thomsonreuters.com))

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