TARIFFS LATEST US, China to slash tariffs for 90 days Taiwan - Delayed Quote • TWD My Humble House Hospitality Management Consulting Co., Ltd. (2739.TW) Follow Add holdings 42.20 -0.10 (-0.24%) At close: 1:30:16 PM GMT+8 Related News Amazon, Tesla stocks lead 'Magnificent 7' surge after US-China temporary trade truce Amazon and Tesla stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce. US-China trade truce, April CPI, drug prices: 3 Things US stock futures (ES=F, NQ=F, YM=F) are surging Monday morning after US and China officials agreed to significant cuts to each country's respective tariff rates in a 90-day cool-off period. April's Consumer Price Index (CPI) is due out tomorrow, reporting month-over-month trends in US inflation rates. President Trump vows to cut prescription drug prices by as much as 80%. In turn, pharmaceutical stocks are seeing across the board pullbacks in pre-market trading. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. How 'negative' sentiment is driving defensive tech bets Tech stocks have clawed back some recent losses, but uncertainty around tariffs is keeping investors cautious. Baird managing director Ted Mortonson joins Market Domination to break down the shift in sentiment, highlighting why some still see big names like Microsoft (MSFT) and Amazon (AMZN) as relatively safe bets. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Microsoft and OpenAI may be renegotiating their partnership OpenAI is currently in “a tough negotiation” with one of its biggest investors and partners, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will remain in control. The FT says it spoke to multiple sources who describe Microsoft, which has invested $13 billion in OpenAI to date, as a key holdout need Trump signals he could speak with China's Xi by end of the week President Donald Trump said on Monday that he could speak with China's President Xi Jinping at the end of the week amid progress between the two economic rivals on a trade deal. Trump said the negotiations between the two countries this past weekend has led to a "reset" between the two nations. (Reporting By Steve Holland, Jarrett Renshaw; Editing by Nick Zieminski) S&P 500, Dow Jones Pharma Stocks Boomerang As Trump Threatens Drug-Price Reform Pharmaceutical stocks slipped Monday after Trump said he would sign an executive order to lower drug prices in the U.S. The Smartest Dividend Stocks in Bill Ackman's Portfolio to Buy With $1,000 Right Now Dividend stocks can be great for investors looking for reliable passive income. Bill Ackman has become one of the must-watched investors in recent years. Billionaire investor Bill Ackman has built quite the name for himself as one of the key investors to watch in the modern era. Here’s Why NVIDIA Corporation (NVDA) Fell in Q1 Baron Funds, an investment management company, released its “Baron Technology Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. Market trends are often driven by sentiment in addition to fundamental elements, and the first quarter of 2025 was a clear example of this. January saw a strong performance for […] Eli Lilly Says Trial Patients Lost More Weight on Zepbound Than Rival’s Wegovy The obesity drug helped patients reduce their waist size by an extra two inches compared to those on Novo Nordisk’s Wegovy in a head-to-head study of the two drugs. Amazon Stock Rallies On China Tariff Deal. China E-Commerce Stocks Alibaba, PDD Also Jump. Amazon stock surged early Monday as the U.S. and China agreed to slash tariffs beyond Wall Street's expectations. Is Tesla Stock A Buy Or A Sell As Investors Count Down To The June Robotaxi Launch? Tesla stock is moving higher once more as investors look past the disappointing first-quarter results and focus on Chief Executive Elon Musk sticking to a robotaxi rollout in June and his plan to scale back his work for President Donald Trump. Tesla stock surged 5.7% to 315.44 at the opening bell for Monday's stock market action on the announcement of a trade deal between the U.S. and China. Tesla stock is still down about 36% this year, even as it has surged as the general analyst consensus was positive coming out of the Q1 conference call. These Stocks Are Moving the Most Today: Amazon, Nvidia, Tesla, Alibaba, Eli Lilly, Pfizer, RH, Newmont, and More Amazon.com, Nvidia, Tesla, and the rest of the Magnificent Seven stocks jump as the U.S. and China reach an agreement to temporarily slash most tariffs on each other’s goods, while Eli Lilly and Pfizer fall after President Donald Trump plans to sign an executive order that would reduce the cost of drugs in the U.S. An Intrinsic Calculation For NIKE, Inc. (NYSE:NKE) Suggests It's 46% Undervalued Key Insights Using the 2 Stage Free Cash Flow to Equity, NIKE fair value estimate is US$108 Current share price of... 2 Brilliant Fintech Stocks to Buy Now and Hold for the Long Term Robinhood and SoFi Technologies are still sound long-term investments. Digital Payment Update - Europe's Payment Future Embraces Digital Wallet Innovation Significant growth in Europe's digital payments is anticipated by 2025, propelled by innovative payment methods and evolving consumer preferences. Digital wallets are at the forefront, seeing increasing weekly use in countries like the UK and Germany, while contactless payments continue to gain popularity. Despite these advances, traditional card payments remain dominant across the continent. Additionally, instant payments and Pay by Bank services are gaining traction, particularly in regions... New York Fed Uplifts Q2 GDP to 2.42% Note the New York Fed's Nowcast climbed to 2.42% for Q2, driven by trade data Novo Nordisk Stock Is Slumping Today. Here’s Why. Shares of the Ozempic-maker fell while the rest of the market rose,as it's facing a hit to revenue from different directions. Novo Nordisk Tumbles as Lilly's Zepbound Shows Greater Weight Loss in Trial Eli Lilly's Zepbound Beats Wegovy, Sends Novo Nordisk Stock Lower Microsoft Is Renegotiating OpenAI Partnership for Future IPO. What It Means for the Stock. Microsoft stock rose in premarket trading Monday following a report that the company was revising the terms of its partnership with OpenAI to allow the ChatGPT maker to launch a future initial public offering. The companies also are rewriting the terms of a wider contract that was drafted when Microsoft and OpenAI first unveiled an exclusive partnership in 2019, the Financial Times reported, citing people familiar with the matter. Microsoft and OpenAI didn’t immediately respond to requests for comment from Barron’s. CoreWeave's $1.5B Debt Strategy: Navigating AI Growth and Financial Challenges Debt refinancing, AI expansion, and Nvidia's stake -- CoreWeave's next moves could define its survival. Performance Overview Trailing total returns as of 5/12/2025, which may include dividends or other distributions. Benchmark is TSEC CAPITALIZATION WEIGHTED ST (^TWII) Return 2739.TW TSEC CAPITALIZATION WEIGHTED ST (^TWII) YTD -15.94% -8.27% 1-Year -39.19% +2.03% 3-Year +58.50% +35.30%