Stock futures opened lower after record highs on the S&P 500 and Dow Jones. July PCE chain price index rose 0.2%, core rate by 0.3%, both at 2.9% year-over-year. Dell and Marvell predict soft outlooks. Fed eyes August jobs report for potential rate cut. S&P 500, Nasdaq, Dow futures down in pre-market trading.

Celsius Holdings up 6% after PepsiCo acquires $585M in convertible preferred stock. Celsius acquires Rockstar Energy brand from PepsiCo. IREN up 16% after Q4 results and becoming Nvidia preferred partner.

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Read more at Yahoo Finance: Celsius jumps after PepsiCo agrees to increase stake