Key News
1. Trump calls for a 10% cap on credit card interest rates; US bank stocks fall in pre-market trading.
2. Goldman Sachs: Expects the Federal Reserve to cut interest rates by 25 basis points each in June and September.
Individual Stock News
1. ExxonMobil (XOM.N) executive: We are ready to send a team to Venezuela.
2. Walmart (WMT.N) shares rise 3% in pre-market trading after the company was included in the Nasdaq 100 index.
3. Lululemon (LULU.O) expects fourth-quarter net income to be in the high end of the $3.5 billion to $3.59 billion range.
4. Market news: Stellartis (STLA.N) abandons plans for Jeep and Chrysler plug-in hybrid vehicles.
5. Supermicro (SMCI.O) announces a smart store retail solution in partnership with numerous industry partners.
6. Federal Housing Finance Agency Director Pulte: Fannie Mae and Freddie Mac's IPOs are still under discussion.
7. Tempus AI (TEM.O) expects its revenue to surge 83% in 2025, with total contract value exceeding $1.1 billion, a record high.