US Pre-Open: GE BA HONA GE Aerospace turned in a true blowout. Sales, profits, and free cash flow all beat Street expectations. Full-year guide for reven

Lead GE BA HONA GE Aerospace turned in a true blowout. Sales, profits, and free cash flow all beat Street expectations. Full-year guide for reven. Natural gas is +1.3% as traders track USD Pending Home Sales m/m. Session narrative The us pre-open is built from the filtered SquawkNews tape, market snapshots, macro calendar items and public schedule context. US pre-market and opening catalysts The tape is led by BRL Retail Sales y/y vs 1.8 forecast. The brief treats repeated headlines as continuing context rather than separate catalysts, so the reader can see whether the tape is expanding a story or merely recycling it. The editorial priority is to separate actionable catalysts from background commentary and to show where the next source of risk is likely to appear. Cross-asset check Natural gas +1.3% (commodity), Brent crude +1.19% (commodity), Silver -1.13% (commodity), Nasdaq 100 ETF -0.99% (equity), US 10-year yield +0.97% (rates), Gold -0.96% (commodity). The move list is restricted to verified snapshot data and excludes small filler changes that do not change the trading setup. If the board is quiet, that is treated as information: the next catalyst may matter more than the last tick. A clean cross-asset brief should connect the headline tape with rates, FX, commodities and index futures, but only when the context has verified data to support that connection. Themes & continuing stories Earnings: GE BA HONA GE Aerospace turned in a true blowout. Sales, profits, and free cash flow all beat Street expectations. Full-year guide for reven / What’s Going on With IBM Stock on Thursday? Macro: Italy CPI, June 2026 - Full Report / Italian CPI MoM Final Actual 0% (Forecast 0%, Previous 0.0%) Rates: Big Tech's $182 Billion AI Debt Spree: How META, NVDA and AMZN Are Reshaping Credit Markets Central Bank: BoE Breeden: Iran War Shock Is Less Likely To Become Embedded And Lead To Inflationary Dynamics That We Might Need To Lean Against - BBG Previous same-slot context: US Pre-Open: Nasdaq futures up 0.54% on soft CPI; Oil gains on Middle East tensions. Latest prior brief context: European Equities Mixed; US Futures Dip Amid Geopolitical Tensions, Tech Earnings. Themes remain on the board only when they are supported by fresh headlines, verified moves, or scheduled catalysts that can change the next trading window. What’s ahead 14:00 UTC - USD Pending Home Sales m/m; United States, forecast 2.6, previous 3.8 14:00 UTC - USD Retail Inventories excl. Autos m/m; United States, previous 0.4 14:00 UTC - USD Retail Inventories m/m; United States, forecast 0.6, previous 0.6 14:00 UTC - USD Business Inventories m/m; United States, forecast 0.4, previous 0.5 The next scheduled brief should compare the same themes against the fresh tape, so traders can see what faded, what accelerated and what moved from background risk into the active trading narrative. Until then, the desk should treat unconfirmed headline flow as context and wait for market confirmation before assigning it more weight.