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U.S. Stocks to Watch: Broadcom, Nike, ASML, Bank of America, Morgan Stanley, GitLab, and More
Stock futures fell modestly Wednesday as the relief rally sparked by cease-fire talks between the U.S. and Iran looked set to run out of steam.These stocks were making moves in premarket trading:. Broadcom rose 3% after the chip maker extended an existing deal with Meta Platforms to support the Facebook parent's artificial-intelligence infrastructure buildout. Broadcom said it would deliver Meta Training and Inference Accelerator chips, or MTIA, through 2029.Nike added 2.8% after a form 4 filing showed that Apple CEO Tim Cook and Nike CEO Elliott Hill both bought about $1 million worth of shares in recent days. The sportswear retailer's stock is down 31% this year as investors fret about tighter margins and weak sales in China.ASML declined 0.5% after the Dutch chipmaking equipment company beat analysts' expectations for first-quarter profit and raised its sales guidance. Investors may have been opting to take profit following a strong run for the company's American depositary receipts
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