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US pre-market: Most of the Magnificent Seven rise, Akamai up 20% on signing a $11.6 billion deal with Anthropic.

BlockBeats news, September 25th, according to BIT (bit.com) market data, in pre-market trading of US stocks, most tech giants rose, with Tesla up 1.1%, Nvidia up 0.7%, Amazon up 0.6%, Alphabet up 0.4%, Apple up 0.1%, Microsoft roughly flat, and Meta down 0.5%.


In individual stocks, Akamai Technologies rose 20% after the company announced a 7-year agreement with Anthropic worth a total of $11.6 billion to provide computing power. Atlas Energy rose 6.9% as the company announced a $340.5 million power project equipment procurement agreement with Wyoming Machinery Company, and the two sides also reached an agreement on a 328 MW power transaction.


People Inc. rose 9.9%, with market news saying MGM Resorts is discussing the acquisition of this media company controlled by Barry Diller.


On the decline side, Comcast fell 1.9% after KeyBanc downgraded its rating from "Sector Weight" to "Underweight"; Nike fell 2% after Bank of America downgraded its rating from "Neutral" to "Underperform" and postponed its sales recovery expectation to fiscal year 2028; Twilio fell 3.5% after HSBC downgraded its rating from "Hold" to "Reduce"; Zscaler fell 3.4% as the company announced the appointment of Ross Tackett as Chief Revenue Officer, effective October 1st.

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