In today’s pre-market movers, we see a mix of positive and negative news for various stocks. Let’s dive in:

LYV Takes a Hit

Live Nation Entertainment (LYV) is facing probes from the Federal Trade Commission (FTC) regarding its handling of resale tickets. The FTC is investigating whether Live Nation does enough to prevent ticket resales at inflated prices. This news has sent shares of LYV down 1.7%.

MSFT Raises Dividend

Microsoft (MSFT) is making waves with its dividend increase. The company has raised its quarterly dividend by 10% to $0.91 per share. This marks the third consecutive year of dividend increases for MSFT, which is a positive sign for investors. Shares of MSFT are up 0.4% in pre-market trading.

GOOGL Invests in UK

Google (GOOGL) is making a significant investment in the UK over the next two years. The company plans to invest £5 billion to meet rising demand for artificial intelligence (AI). This news has sent shares of GOOGL up 1.2%.

Other Movers

Several other stocks are seeing movement in pre-market trading. Shares of Playtech (PLAY) are down 18% after reporting light profit and revenue. Shares of Cisco Systems (CSCO) are flat after raising its Q3 EPS outlook. Shares of Intel (INTC) are up 0.5% after announcing a $750 million share repurchase program.

NVIDIA (NVDA) is seeing weak demand for its RTX6000D AI chip in China, with major firms including Alibaba Group Holding (BABA), Tencent Holdings (TCEHY), and ByteDance holding back orders. This news has sent shares of NVDA down 0.5%.

NewVantage (NVO) plans to seek US approval for its high-dose obesity shot, which could potentially treat obesity in a more effective manner than current treatments. Shares of NewVantage are up 3% on this news.

Ferguson (FERG) is seeing top and bottom line beats, with shares up 8%. This positive news has investors optimistic about the company’s future prospects.

Today’s pre-market movers show a mix of good and bad news for various stocks. Investors should always do their due diligence and stay informed about the latest news and developments in the market.