US Stock Market Pre-market Highlights | A New Wave of Tariffs Looms? Nasdaq Futures Rise Over 1%, TSMC Reportedly to Raise Prices by Up to 10% Next Year

Glonghui July 21｜1. The three major U.S. stock index futures all rose, with Nasdaq futures up 1.26%, S&P 500 index futures up 0.42%, and Dow Jones futures up 0.24%. 2. Major European stock indices saw mixed performance: Germany's DAX rose 0.01%, the UK's FTSE 100 rose 0.13%, France's CAC fell 0.04%, and the Euro Stoxx 50 rose 0.37%. 3. UK media: U.S. President Trump may implement new tariffs on dozens of countries as early as this week. 4. U.S. officials: U.S. President Trump is expected to decide in the coming days whether to expand military actions against Iran and resume full-scale operations. 5. JPMorgan: U.S. stocks may have limited gains in the second half of the year, and the S&P 500 index may underperform international markets. 6. TSMC is reportedly set to increase chip foundry prices by up to 10% starting in 2027. 7. Intel has launched a new round of layoffs targeting its data center division, stating the adjustment will improve efficiency without impacting product commitments and development roadmap. 8. "Big Short" Michael Burry halved his short position on Oracle, clarifying rumors of a complete exit. 9. BlackRock plans to issue over $12 billion in bonds to finance Meta's Texas data center. 10. Nvidia disclosed it holds a 9.3% stake in AI cloud service provider Nebius. 11. U.S. President Trump signed an executive order requiring defense contractors to examine key supply chains to assess risks. 12. Boeing's CEO: The launch of new models will still take several years until financial conditions improve. 13. A U.S. judge has temporarily halted Paramount's $110 billion acquisition of Warner Bros. Discovery. 14. BHP has made progress with the Australian Port Hedland union, with negotiations set to resume next week. 15. Tempus AI has agreed to acquire cancer testing company Personalis for $1.5 billion. 16. Air taxi company Archer Aviation and Anduril have launched a vertical take-off and landing (VTOL) platform. 17. The fire at Coupang's logistics center in South Korea was brought under control after burning for about 61 hours, with no casualties. Earnings Reports: 1. General Motors Q2 revenue was $48.03 billion, with profits in the Chinese market for seven consecutive quarters; the company raised its full-year adjusted EPS guidance. 2. Novartis Q2 sales grew 3% year-on-year to $14.408 billion, and core operating profit was $5.94 billion, both exceeding expectations. 3. 3M Q2 sales were $6.5 billion, a year-on-year increase of 2.4%; adjusted EPS was $2.4, up 11% year-on-year.