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US Morning News Call | U.S. Secures $1.2 Trillion Economic Commitment with Qatar

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Moomoo Breakfast US wrote a column · May 15 19:15
Before the Bell U.S.
S&P 500 index futures edge lower after three straight sessions of gains.
Futures tied to the $E-mini S&P 500 Futures (JUN5) (ESmain.US)$ fell 0.44%. $E-mini NASDAQ 100 Futures (JUN5) (NQmain.US)$ went down by 0.57%, and $E-mini Dow Futures (JUN5) (YMmain.US)$ went down 144 points, or 0.34%.
Top News
U.S. Secures $1.2 Trillion Economic Commitment with Qatar
During a visit to Qatar, President Donald Trump announced that the U.S. has secured a $1.2 trillion economic commitment from the Gulf nation.
Trump Wants Apple to Stop Moving iPhone Production to India
President Trump said he doesn’t want $Apple (AAPL.US)$ to expand production in India and urged CEO Tim Cook to increase manufacturing in the U.S. instead, highlighting Apple's previous $500 billion investment commitment to the country.
Cisco Reports Q3 Revenue of $14.1B, Raises Full-Year Guidance
$Cisco (CSCO.US)$ announced third-quarter revenue of $14.1 billion, an 11% year-over-year increase, surpassing analyst expectations. The networking giant also provided an optimistic outlook, raising its full-year revenue guidance. The company highlighted strong demand across its portfolio, particularly in enterprise and service provider segments.
Boeing, GE, Land Major Qatar Airways Order
$Boeing (BA.US)$ and $GE Aerospace (GE.US)$ have secured a significant order from Qatar Airways. The deal, announced during former President Trump's visit to Qatar, involves the sale of up to 210 Boeing aircraft, including 787 Dreamliners and 777X models, valued at approximately $96 billion at list prices. GE Aerospace will supply more than 400 engines for these aircraft.
UnitedHealth Under DOJ Investigation for Possible Medicare Fraud
The U.S. Department of Justice (DOJ) is conducting a criminal investigation into $UnitedHealth (UNH.US)$ concerning potential Medicare fraud, according to reports from The Wall Street Journal. The probe is reportedly examining the company's billing practices and its relationships within the Medicare Advantage program. UnitedHealth has stated it is cooperating with authorities.
Dick's Sporting Goods Nears $2.3B Deal to Acquire Foot Locker
$Dick's Sporting Goods (DKS.US)$ is reportedly in advanced talks to acquire athletic footwear and apparel retailer $Foot Locker (FL.US)$ for approximately $2.3 billion. The proposed deal, which could value Foot Locker at around $24 per share, would significantly reshape the athletic retail landscape if finalized.
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US Morning News Call | U.S. Secures $1.2 Trillion Economic Commitment with Qatar
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