Markets Watchful on US-China Trade Developments Amid Tech Earnings

US stock futures remain unchanged as investors await updates from ongoing US-China trade negotiations. Nasdaq futures ticked lower, while S&P 500 and Dow Jones Industrial Average futures remained flat or slightly lower.

Apple shares are edging lower in premarket trading after announcing no AI enhancements to Siri for its Worldwide Developers Conference. Despite this, Apple unveiled software updates for various devices.

Meta Platforms CEO Mark Zuckerberg is reportedly building a “superintelligence group” of 50 AI experts to achieve artificial general intelligence (AGI). This move aims to outperform tech rivals. Meta shares are barely changing in premarket trading.

Taiwan Semiconductor Manufacturing Co.’s (TSM) US-listed shares rose after reporting a 40% year-over-year jump in May revenue. The company’s January-to-May revenue increased nearly 43% over the same period last year.

Microsoft’s stock is pointing slightly lower, despite its eight-session winning streak, as analysts weigh the tech giant’s prospects from AI technology.

Source: https://www.investopedia.com/5-things-to-know-before-the-stock-market-opens-june-10-2025-11751304