BUZZ-U.S. STOCKS ON THE MOVE-Nvidia, Iconix, Monster Beverage
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock index futures were slightly lower on Friday ahead of the July payrolls report, a key data point that could feed into the U.S. Federal Reserve's decision on when to increase rates. Dow Jones industrial average futures were down 0.13 percent at 17,353, S&P 500 futures were down 0.11 percent at 2,077.25 and Nasdaq 100 futures were down 0.14 percent at 4,518.25.
** NVIDIA CORP, Thursday close $20.45, +9.29 pct premarket
The chipmaker reported better-than-expected second quarter revenue, driven by demand for graphic chips used in gaming and car. The company forecast third-quarter revenue above average analysts' estimate.
** ICONIX BRAND GROUP INC, Thursday close $19.6, -7.40 pct premarket
The company, which licenses retail brands, said founder Neil Cole is stepping down as chief executive and chairman. Cole, who will serve as special adviser through Sept 30, founded Iconix in 2005 and has led company since then.
** MONSTER BEVERAGE CORP, Thursday close $144.87, +3.53 pct premarket Continued...