US Morning News Call | US and China Reach Framework Deal on TikTok; Oracle May Play Key Role

Moomoo Breakfast US joined discussion · Sep 16 19:44

Before the Bell

On Tuesday, S&P 500 futures edged higher following a record-setting session for the benchmark index, as traders looked ahead to the start of the latest Federal Reserve meeting.

Futures tied to the $E-mini S&P 500 Futures (DEC5) (ESmain.US)$ rose 0.15%. $E-mini NASDAQ 100 Futures (DEC5) (NQmain.US)$ went up by 0.24%, and $E-mini Dow Futures (DEC5) (YMmain.US)$ went down 5 points, or 0.01%.

Top News

US and China Reach Framework Deal on TikTok; Oracle May Play Key Role

U.S. and Chinese officials have reached a framework agreement regarding TikTok, following talks in Madrid. Sources indicate that $Oracle (ORCL.US)$ could play a crucial role in this deal, which aims to address the ownership of the short-video app.

US Appeals Court Rejects Trump's Request to Remove Fed Governor Lisa Cook

A U.S. appeals court has rejected President Trump's request to remove Federal Reserve Governor Lisa Cook. This ruling temporarily clears the way for Cook to attend the upcoming Federal Reserve meetings on September 16-17.

Google to Invest £5 Billion for AI Development in UK

$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ announced plans to invest £5 billion (approximately $6.8 billion USD) in the UK over the next two years for artificial intelligence development.

OpenAI Releases GPT-5-Codex, Optimized for Agentic Coding

OpenAI has released GPT-5-Codex, a version of GPT-5 specifically optimized for agentic coding within its Codex platform. OpenAI states that Codex is now faster, more reliable, and better at real-time collaboration and tackling tasks independently across various development environments.

Crypto News

$Bitcoin (BTC.CC)$went up 0.04%, to $115,338; $Ethereum (ETH.CC)$ went down 0.27%, to $4,501.

Citigroup Predicts Ether to Fall to $4,300 by Year-End

Wall Street bank Citigroup projects that $Ethereum (ETH.CC)$ will fall to $4,300 by the end of the year. The bank's full assessment is wide enough to drive an army regiment through, with the bull case being $6,400 and the bear case $2,200.

SEC and Winklevoss Twins Resolve Lawsuit Over Gemini Earn

The U.S. Securities and Exchange Commission (SEC) and billionaire Winklevoss twins have reached a tentative deal to resolve the lawsuit concerning the Gemini Earn program.

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