US Morning News Call | US-China Trade Talks Continue in London
Before the Bell U.S.
U.S. stock futures traded mixed on Tuesday morning as investors focused on the second day of high-level trade talks between the United States and China in London.
Futures tied to the $E-mini S&P 500 Futures (JUN5) (ESmain.US)$ rose 0.07%. $E-mini NASDAQ 100 Futures (JUN5) (NQmain.US)$ went up by 0.09%, and $E-mini Dow Futures (JUN5) (YMmain.US)$ went down 17 points, or 0.04%.
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US-China Trade Talks Continue in London
High-level trade negotiations between the United States and China entered their second day at London's Lancaster House, following more than six hours of intensive discussions on Monday. Representatives from both nations concluded their first day of talks around 8 PM London time, with negotiations scheduled to resume at 10:00 AM on Tuesday. The extended duration of the initial session suggests both sides are engaging seriously with the complex issues at hand.
President Trump provided his assessment of the negotiations during a White House briefing on Monday, stating "We are doing well with China. China's not easy. I'm only getting good reports."
Trump-Musk Relations Show Signs of Cooling
The highly publicized feud between President Trump and Elon Musk appears to be moderating, with Trump indicating he will not abandon his Tesla Model S or discontinue using Starlink services despite recent tensions between the two prominent figures. This development suggests a potential de-escalation of the conflict that had captured significant media attention and raised questions about the future of government contracts with Musk's companies. $Tesla (TSLA.US)$
TSMC Reports Exceptional May Revenue Growth
$Taiwan Semiconductor (TSM.US)$ delivered impressive financial results for May 2025, reporting consolidated revenue of NT$320.52 billion (US$10.70 billion), representing a remarkable 39.6% increase compared to the same period in the previous year. While the monthly figure declined 8.3% from April's record performance, the year-over-year growth demonstrates the continued strength of demand for advanced semiconductor technologies, particularly in artificial intelligence applications.
Microsoft Enters Handheld Gaming Market
$Microsoft (MSFT.US)$ has officially announced its entry into the handheld gaming console market through a strategic partnership with ASUS, introducing the ROG Xbox Ally and ROG Xbox Ally X devices, scheduled for release during the 2025 holiday season.
The new handheld devices will feature AMD processors, with the ROG Xbox Ally X incorporating the AMD Ryzen AI Z2 Extreme processor and the standard ROG Xbox Ally utilizing the AMD Ryzen Z2 processor.
AT&T Announces Major Share Buyback Program
$AT&T (T.US)$ has reaffirmed its second quarter and full-year 2025 financial guidance while announcing plans for a substantial $10 billion share buyback program, demonstrating the telecommunications giant's commitment to returning capital to shareholders. The company plans to repurchase at least $3 billion in shares by year-end as part of this comprehensive program, with the remainder scheduled for completion during 2026.
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74281630 : mean that us 100 is still going up right?
Spread Love N Joy : donald literally BEGGING China and the rest of the world to make a Tariff deal with the usa.
Countries lined up to make deals, and still ZERO deals.
李晚铼 : Seeing through it but not saying it to prevent him from going insane.
Cui Nyonya Kueh : Is today the last day of the talk or tomorrow or when?