President Trump says the US is still considering a public share sale (IPO) for Fannie Mae and Freddie Mac. “We’re thinking about it. It’s not a rush,” he confirmed on Air Force One.
Fannie Mae and Freddie Mac shares fell after Trump named Bill Pulte as acting Director of National Intelligence. His new dual role delays expected IPO plans for the mortgage giants.
The White House lowered tariffs on agricultural and industrial equipment from 25% to 15%. Citi sees this as an incremental positive for Deere, CNH Industrial, and AGCO.
US drone stocks jump as government eyes funding, while US pushes local production and aims for 300K drones by 2027. Meanwhile, China’s DJI releases independent security report to challenge FCC ban.
Micron shares jumped in premarket trading after President Trump praised the company’s massive $200 billion US expansion plans.
The Trump administration is awarding $2 billion in grants to nine quantum computing companies, including IBM, and will take equity stakes in the firms to strengthen US tech leadership.
