Macy's (M.N) shares rose 6% pre-market after the company raised its full-year sales and profit guidance.

China's Ministry of Foreign Affairs said tariff wars and trade wars are not in the interests of any party.

Tencent (00700.HK) is testing an AI agent prototype on WeChat. CITIGROUP says Tongcheng Travel (00780.HK) — with an all-WeChat strategy, comprehensive mini-program capabilities, close Tencent ties and the only OTA presence in WeChat Wallet — would be among the beneficiaries if Tencent deploys the AI agent on WeChat. Tongcheng shares have been pressured by a valuation cut at Trip.com Group (09961.HK) and higher oil prices weighing on domestic travel demand; the stock trades at under 8x 2026 forecast P/E. CITIGROUP maintains Buy, PT HKD25.