PreMarket News Roundup Key Themes and Market Context Evercore ISI Lowers Price Target on Illinois Tool Works ITW Amid Revised Outlook Lumentum Stock in Focus as AI Optical Boom Drives Demand Company Emphasizes Execution Micron Reaches 1 Trillion Market Cap Milestone as AIDriven Memory Demand Fuels Stock Surge US Military Strikes in Iran Raise Geopolitical Tensions Oil Markets on Edge Trump Urges Supreme Court to Halt TikTok Ban What It Means for Investors Historic UKGulf Trade Deal Could Add Billions to British Economy