US Pre-Market Sees Broad Gains; IRWD, BIDU Surge on Key Announcements; Retailers Buoyed by Tariff Delay

Market Overview - US equity markets are set for a strong opening, with S&P 500 futures up 0.6% and Nasdaq 100 futures up 1% indicating broad-based gains across major indices and technology companies [2][9] - The "Magnificent Seven" tech giants are experiencing positive momentum, with Nvidia (NVDA) increasing by 1.5%, Tesla (TSLA) up 1.7%, and Alphabet (GOOGL) rising by 1.2% [2][9] Company-Specific News - Ironwood Pharmaceuticals (IRWD) shares surged 18% in pre-market trading after the company provided an optimistic fiscal year 2026 outlook, projecting total revenue between $450 million and $475 million and an Adjusted EBITDA exceeding $300 million [3][9] - Baidu (BIDU) stock climbed 11% following the announcement of plans to spin off its AI chip unit, Kunlunxin, for a separate listing on the Hong Kong Stock Exchange, aimed at unlocking its independent value and attracting specialized investors [4][9] - Retail stocks such as RH (RH), Wayfair (W), and Williams-Sonoma (WSM) are trading higher, with gains of 5.2%, 2.4%, and 1.3% respectively, due to a reported decision by Trump to delay planned tariff increases on furniture until at least January 1, 2027 [5][9]