US Morning News Call | US Retail Sales Set to Rebound 0.7% in February

Moomoo Breakfast US joined discussion · Mar 17 19:40

Before the Bell U.S.

U.S. stock index futures narrow losses, Nasdaq 100 futures approach positive territory.

Futures tied to the $E-mini S&P 500 Futures(JUN5) (ESmain.US)$ fell 0.14%. $E-mini NASDAQ 100 Futures(JUN5) (NQmain.US)$ went down by 0.2%, and $E-mini Dow Futures(JUN5) (YMmain.US)$ went down 115 points, or 0.27%.

Top News

US Retail Sales Set to Rebound 0.7% in February

US retail sales are projected to rebound by 0.7% in February after a decline in January, with motor vehicle sales expected to rise and sales excluding autos anticipated to grow by 0.4%. The "control group," excluding vehicles, building materials, gasoline, and food services, is forecast to increase by 0.3%, according to Bloomberg.

White House Eyes Oracle-TikTok Deal

$Oracle (ORCL.US)$ is in advanced talks with the White House to manage TikTok's U.S. operations as part of "Project Texas 2.0," focusing on national security concerns.

Analyst: NVIDIA B300 AI Chip to Enter Mass Production in Q3 2025

Analyst Ming-Chi Kuo posted a prediction for $NVIDIA (NVDA.US)$ 's GTC 2025 focus. He said that NVIDIA's new AI chip, the B300, is a key focus of the launch and that the B300 is expected to be in pilot production by 2Q25 and mass production by 3Q25.

Intel CEO Lip-Bu Tan Plans Major Overhaul

Incoming $Intel (INTC.US)$ CEO Lip-Bu Tan plans to overhaul the company's manufacturing and AI operations to revive its fortunes, focusing on restructuring AI strategies and addressing middle management inefficiencies.

Berkshire Hathaway increases stakes in five Japanese trading houses

Warren Buffett's $Berkshire Hathaway-B (BRK.B.US)$ has increased its stakes in five Japanese trading houses, with its holdings in Mitsui & Co rising to 9.82%.

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