Premarket movers Mag 7 stocks are mixed (Nvidia +1.1%, Alphabet (GOOGL) +0.3%, Tesla (TSLA) +0.8%, Amazon (AMZN) -0.01%, Apple (AAPL) -0.6%, Microsoft (MSFT) -0.6%, Meta Platforms (META) -0.3% AMC Entertainment (AMC) gains 16% after the theater operator posted revenue for the second quarter that beat the average analyst estimate. Shares of peer Imax (IMAX) climbs 3%. Domino’s Pizza (DPZ) rises 7% after the restaurant chain reported second-quarter revenue that beat analyst estimates. Chief Executive Officer Russell Weiner said the company “drove meaningful order count growth” during the period. Fervo Energy (FRVO) rises 4% as Jefferies upgrades to buy following the stock’s recent pull-back from its IPO highs. Global Payments (GPN) gains 1.7% as Morgan Stanley upgrades to overweight, citing constructive checks on Genius and Worldpay businesses. Hut 8 (HUT) rises 13% after the data center operator and Bitcoin miner announced a second 15-year lease for its Beacon Point data center campus in Nueces County, Texas, that’s valued at $9.8 billion. Iren (IREN) climbs 8% after the owner and manager of data centers powered by renewable energy raised its year-end AI cloud annualized run-rate revenue target to more than $4 billion. LXP Industrial Trust (LXP) climbs 3% as Brookfield Asset Management and CPP Investments agreed to buy the company in an all-cash deal valued at about $5.2 billion. Urban Outfitters (URBN) rises 4% as Goldman Sachs upgrades to buy noting upside to the stock as the UO brand recovery bolsters profitability. Yeti Holdings (YETI) is up 4% as Goldman Sachs upgrades to buy, saying the outdoor coolers and insulated bottle maker’s growth outlook is becoming more durable.(zerohedge)