NIKE, Inc.

SoftBank CEO Masayoshi Son said he intends to make the company the leading platform for "artificial superintelligence". The U.S. and China signed a trade agreement that includes supplies of rare earth metals. The US Treasury Department also scrapped the "retaliatory tax" (Section 899 of Donald Trump's budget bill), which excludes US companies from international digital taxes in exchange for concessions from G7 countries. On these and other topics - in our review of key events for the morning of June 27.

Highlights for the morning: US-China trade deal, SoftBank bets on superintelligence


Nike is trying to sell off outdated models at discounted prices and faces high duties on imports from China

Wall Street awaits Nike's 'painful' quarterly report. Should investors be worried?

Micron Technology, Inc.

BP p.l.c.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: investors focus on unemployment data and trade agenda

FedEx Corporation

Last week, stock markets mainly demonstrated sideways movement. The main event - the meeting of the US Federal Reserve on the interest rate - turned out to be of little importance. The regulator left it unchanged, and Fed Chairman Jerome Powell confirmed his earlier wait-and-see stance. This week, Powell will again be in the center of Wall Street's attention: he will address the U.S. Congress with a report on monetary policy after President Donald Trump once again <a href="https://truthsocial.com/@realDonaldTrump/posts/114710405985383754">called</a> for the Fed to cut rates, <a href="https://www.barrons.com/articles/fedex-nike-earnings-powell-congress-testimony-pce-e0163d71?mod=RTA"> writes</a> Barron's.