5 things you need to know before the stock market opens
Spencer Platt/Getty Images
It shows US stock futures are low as investors continue to monitor tariff announcements from the White House after President Donald Trump said a mutual tariff decision has been made tomorrow. Openai has announced a $40 billion funding round led by Japan’s SoftBank, which values ChatGpt makers at $300 billion. Commerce Secretary Howard Lutnick reportedly warns the company that if it doesn’t increase US investment, Chips Act funding could be reduced. And Modanya (mRNA) Stocks have been focused after a plunge yesterday following the resignation of the top official of the FDA. Here’s what investors need to know today:
U.S. stock futures are pointed lower after the index was recovered from early losses on Monday as investors await tariff renewal. Dow Jones Industrial Average Futures are 0.6% lower after the blue chip index jumps Yesterday 1%. Nasdaq and S&P 500 Futures have been pointed out at a similar rate and low. Bitcoin (btcusd) It’s up about 2% to trades above $84,000. Gold futures are rising to an all-time high, while oil futures are rising. The Ministry of Finance’s yield has fallen in 2010.
President Donald Trump said he has decided on tariffs announced tomorrow in what he called “liberation day.” Wall Street Journal Trump’s decision reported that it focused on enacting a 20% tariff on all US imports or applying mutual tariffs consistent with US exports. meanwhile, European Union (EU) He said he is ready to apply retaliatory tariffs to the United States if negotiations to avoid an increase in import taxes fail.
Openai has announced it has closed a $40 billion funding round that raises ChatGpt’s parent rating to $300 billion. Japan’s SoftBank leads its founding round with investments of up to $30 billion, with an additional $10 billion coming from the syndicate. SoftBank’s total investment depends on whether Openai will transform into a for-profit company by the end of the year. Openai said it would use the funds to “more push the frontier of AI research, expand the computing infrastructure and provide more powerful tools.”
Commerce Secretary Howard Lutnick Chipmakers are reportedly set up to receive federal funds to either expand US production or face cash cuts. According to BloombergLutnick warns companies that receive it 2022 Chips and Science Method The funds are said to be able to be reduced unless the scale of US investment is expanded. Lutnick cited a recent announcement by Chipmaking Giant Taiwan Semiconductor Manufacturing Company (TSM) Invest $100 billion A US-based chip manufacturing facility.