U.S. STOCKS ON THE MOVE-Fortinet, T-Mobile, Bank of America

Varonis Systems

06/01/2025 12:19

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U.S. stock index futures edged higher on Monday, building on a late rally last
week, as investors bought into technology stocks on continued optimism around AI
and awaited crucial economic data that could set the tone for the U.S. monetary
policy path.  .N 
    
** Fortinet Inc  FTNT.O :
** Confluent Inc  CFLT.O :
** ServiceNow Inc  NOW.N :
** Varonis Systems Inc  VRNS.O :
BUZZ - Piper Sandler sees IT spending boost in 2025; upgrades Fortinet
 urn:newsml:reuters.com:*:nL4N3O20LK
 
** Microsoft Corp  MSFT.O :
** Nvidia Corp  NVDA.O :
** Super Micro Computer Inc  SMCI.O :
** Broadcom Inc  AVGO.O :
BUZZ - US chipmakers rise as Microsoft plans to invest $80 bln on AI data
centers  urn:newsml:reuters.com:*:nL4N3O20NN
    
** T-Mobile US Inc  TMUS.O :
BUZZ - Falls after brokerages downgrade ratings  urn:newsml:reuters.com:*:nL4N3O20OW
** Bank of America Corp  BAC.N :
** Goldman Sachs Group Inc  GS.N :
** JPMorgan Chase & Co  JPM.N :
** Morgan Stanley  MS.N :
BUZZ - Barclays positive on US large-cap banks in 2025, raises Citigroup to
'overweight'  urn:newsml:reuters.com:*:nL4N3O20M4

 (Rajarshi Roy and Siddhi Mahatole)
 ((Rajarshi.Roy@thomsonreuters.com,siddhiprabhanjan.mahatole@thomsonreuters.com)
)