Check out the companies making headlines in pre-market trading. U.S. Steel – Shares of U.S. Steel rose more than 3% after Reuters reported that the Committee on Foreign Investment in the United States approved a request to delay a review of Nippon Steel’s takeover of U.S. Steel until after the November election. Reuters quoted a person familiar with the matter as saying. General Mills — The packaged foods company’s profit fell 14% last quarter as margins fell due to rising input costs, and its shares fell 1%. Casella Waste Systems — Shares fell more than 4% after the recycling company announced plans to issue $400 million in Class A common stock. Intuitive Machines – The space exploration company’s stock price soared more than 52% after it won a nearly $5 billion space network contract from NASA. ResMed – Shares of ResMed fell 2.7% on thin trading volume after Wolfe Research downgraded the stock to underperform from peer perform. The company expects revenue growth to slow due to increasing competition from Eli Lilly and Company’s GLP-1 drug. VF Corp — VF Corp rose 3% after Barclays upgraded the company to overweight from equal weight and said the risk-reward profile of the apparel company behind The North Face and Vans is attractive. The stock is down 2% this year. Microsoft, BlackRock – Shares of Microsoft and BlackRock edged higher after the two companies planned to jointly raise $100 billion to invest in artificial intelligence data centers and power projects. —CNBC’s Michelle Fox and Sarah Min contributed reporting
