See the companies making headlines in premarket trading. United States Steel – Shares rose more than 3% after Reuters reported that the Commission on Foreign Investment in the United States granted a request to delay a review of Nippon Steel’s bid for US Steel until after the election in November. Reuters quoted a person familiar with the matter. General Mills – Shares fell 1% after the packaged food company’s profits fell 14% last quarter on lower margins due to higher input costs. Casella Waste Systems – Shares of the recycling company fell more than 4% after it announced plans for a $400 million stock offering of its Class A common stock. Intuitive Machines – Shares of the aerospace company rose more than 52% after it had received a space network contract from NASA worth almost $5 billion. ResMed – Shares fell 2.7% on light trading volume, following a downgrade at Wolfe Research for underperforming relative performance. The company expects sales growth to slow due to increasing competition from Eli Lilly’s GLP-1 drug. VF Corp – Shares rose 3% after Barclays upgraded VF Corp from equal weight to overweight, which it said is attractive for the apparel company behind The North Face and Vans. The stock is down 2% this year. Microsoft, BlackRock – Shares of Microsoft and BlackRock traded marginally higher after the companies planned to raise a combined $100 billion to invest in artificial intelligence data centers and energy efforts. – CNBC’s Michelle Fox and Sarah Min contributed reporting
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