Premarket movers Mag7 mixed mixed (Tesla, Meta +0.6%, Amazon +0.2%, Microsoft -0.03%, Alphabet -0.03%, Nvidia -0.06%, Apple -0.5%). ASML (ASML) falls 1.6% after a Nikkei Asia report that Samsung Electronics is delaying completion of a chip factory in Texas, as it struggles to find customers for the plant’s output. Datadog (DDOG) gains 9.6% as the company will replace Juniper Networks in the S&P 500, effective prior to the opening of trading on July 9. FedEx (FDX) climbs 1.2% after being double-upgraded at BNP Paribas Exane, with the broker saying the stock is “arguably oversold,” expecting the firm’s relative operational outperformance vs. rival UPS to continue. Synopsys (SNPS) gains 5% and Cadence Design (CDNS) rises 5% after the US lifted export license requirements for chip design software sales in China, clearing the way for the companies to resume services in the world’s second-biggest economy. Xponential Fitness (XPOF) soars 20% after saying that after cooperating with an SEC probe, the regulator concluded its investigation without action.