U.S. stock futures are pointing sharply higher after President Donald Trump said that he had "no intention" of firing Federal Reserve Chair Jerome Powell and struck a softer tone on China; the European Union (EU) fines Apple (AAPL) and Meta Platforms (META) a combined $800 million for violating the Digital Markets Act; Tesla (TSLA) shares are surging in premarket trading on CEO Elon Musk's comments about stepping back from his government role; and GE Vernova (GEV) shares are jumping after t📖he firm's first-quarter results topped analysts' estimates. Here's what investors need t𓆏o know today.

1. US Stock Futures Jump🔯 as Investors Review Trump Comments on Powell, China

U.S. stock futures are pointing sharply higher as investors digest President Donald Trump's comments that he intended to keep the Federal Reserve chair, as well as indications he would lower tension with China. Nasdaq futures are up nearly 3% after the tech-heavy 澳洲幸运5官方开奖结果体彩网:added 2.7% Tuesday. 澳洲幸运5官方开奖结果体彩网:S&P 500 futures and 澳洲幸运5官方开奖结果体彩网:Dow Jones Industrial Average futures are up 2.3% and 1.7%, respectively, after the indexes also posted big gains yesterday. Bitcoin (BTCUSD) is trading around $93,500. Yields on th🐲e 10-year Treasury note ♌are falling to 4.3%. Gold futures as sinking. Oil futures are edging lower.

2. 🔜Trump Plays Down Powell Threats, Pl🃏edges Friendly Negotiations With China

President Donald Trump said he had "澳洲幸运5官方开奖结果体彩网:no intention" of firing Federal Reserve Chair Jerome Powell in comments to reporters Tuesday, following earlier statements calling for Powell's "澳洲幸运5官方开奖结果体彩网:termination" that roiled markets over uncertainty regarding the central bank’s independence. In separate comments that 澳洲幸运5官方开奖结果体彩网:sent global stocks higher, Trump also pledged friendly negotiations with China, saying that tariffs "will come down substantially but it won't be zero," Bloomberg reported.

3. EU Fin꧂es Apple, Meta Platforms Combined $800M

Apple (AAPL) and Meta Platforms (META) are facing roughly $800 million combined in fines from the 澳洲幸运5官方开奖结果体彩网:European Union (EU) for breaching its 澳洲幸运5官方开奖结果体彩网:Digital Markets Act, which is designed to limit the market dominance of big tech firms. The fines amount to 500 million euros ($570.7 million) for Apple and 200 million euros ($228.3 million) for Meta. The action comes as Trump 澳洲幸运5官方开奖结果体彩网:has imposed tariffs on the EU and has been critica✅l of the bloc for what he calls non-tariff trade barriers like regulations. Apple and Meta shares are up 3% and nearly 5%, respectively, in premarket trading amid a broader market surge.

4. Tesla Stock Jumps as Musk Says He'll Focus on EV Maker

Tesla (TSLA) shares are 澳洲幸运5官方开奖结果体彩网:surging 7% in premarket trading on CEO Elon Musk's comments that he would 澳洲幸运5官方开奖结果体彩网:alloc♔ate more time to the electric vehicle mak♛er beginning next month amid worries that his government work was becoming a distraction. The comments came on the earnings call after Tesla reported 澳洲幸运5官方开奖结果体彩网:weaker-than-expected first-quarter results. Tesla stock is down 41% since the start of the year through Tuesday’s close, significantly underperforming the 澳洲幸运5官方开奖结果体彩网:S&P 500's 10% drop over the same period.

5♔. GE Vernova Stock Jumps on Stronger-Than-Expected Results

GE Vernova (GEV) shares are jumping nearly 8% in premarket trading after the energy firm reported Q1 results that 澳洲幸运5官方开奖结果体彩网:came in above estimates. The energy-focused former General Electric division reported 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.91 on revenue of $8.03 billion, better than the expectations of $0.73 and $7.53 billion, respectively, from analysts polled by Visible Alpha. The company 澳洲幸运5官方开奖结果体彩网:again affirmed its 2025 revenue outlook of $36 billion to $37 billion. GE Vernova CEO Scott 🦹Strazik said the🍸 company is "well-positioned to navigate the current dynamic environment."