US Stocks: Premarket Movers

Upside: - -BLZE +16% (signs $335M multi-exabyte agreement with CoreWeave) - -ZETA +8.5% (partners with Palantir to rearchitect Zeta Data Cloud on Foundry) - -IBM +5.6% (President Trump signs the National Quantum Initiative Act executive order; JPMorgan Chase and Co Raised IBM to Overweight from Neutral, price target: $291 from $270) - -INFQ +5.5% (President Trump signs the National Quantum Initiative Act executive order) - -CAR +4.2% (entered a $650M settlement with Pentwater Capital (subject to court approval) for recovery of short-swing profits) - -CDW +3.5% (Morgan Stanley Raised CDW to Overweight from Equal Weight, price target: $170 from $142) - -QBTS +2.7% (President Trump signs the National Quantum Initiative Act executive order) - - Downside: - -PRIM -34% (slashes guidance; COO to depart) - -AMC -25% (priced 95.3M share offering) - -MU -8.1% (chip stock/tech broad weakness) - -CRWV -7.5% (chip stock/tech broad weakness) - -AMD -6.8% (chip stock/tech broad weakness) - -INSP -4.7% (Evercore ISI Institutional Equities Cuts INSP to In Line from Outperform, price target: $40 from $55) - -NVDA -2.7% (chip stock/tech broad weakness) - -UUUU -2.5% (acquires VAC in $1.9B deal to build mine-to-magnet rare earth platform) - -NKE -1.9% (Evercore ISI Institutional Equities Cuts NKE to In Line from Outperform, price target: $46 from $57)