5 things to know before the stock market opens on Tuesday

Happy Tuesday. If you were having trouble with technology at work yesterday, you’re not alone.

Stock futures are falling this morning. The market is coming off a losing day.

Here are five important things investors need to know to start their trading day.

John Tarnas officially appointed as CEO apple today. He will succeed Tim Cook, who will assume the role of executive chairman after 15 years at the helm of the technology giant.

As CNBC’s Kiff Lesswing writes, there hasn’t been much communication from Ternas since the succession plan was announced in April. He made a brief appearance at Apple’s earnings call last month and was asked questions directly by analysts. But the world will see more of Ternus next week at Apple’s annual launch event, where the company is scheduled to unveil new iPhones and Apple Watches.

In his final day as CEO, Mr. Cook said yesterday that he was “excited for the next chapter.” “My title may change tomorrow, but my love for the Apple community will never change,” he wrote in a post to X.

The meeting of finance ministers from the Group of 20 (G20) countries continues today in North Carolina. The agenda includes a fireside chat with Fox Business’ Larry Kudlow, former head of the National Economic Council, and a press conference with Treasury Secretary Scott Bessent.

The Treasury Secretary told reporters yesterday that the United States “needs to grow our way out” of the debt mountain. Federal Reserve Chairman Kevin Warsh also focused on growth in his brief remarks to the gathering of international financial leaders, calling this period “a period of long-term growth” and “a period of rapid global investment.”

In an interview with CNBC’s Sarah Eisen, Bessent also responded to Stanley Druckenmiller’s criticism of Treasury intervention in the bond market, saying the billionaire investor has “changed his mind a lot.”

The Federal Trade Commission and 22 state attorneys general Amazon To the court.

In a lawsuit filed yesterday, the group alleges that Amazon “secretly and systematically overcharged” advertisers through price fixing. The complaint also alleges that Amazon may have collected more than $20 billion through “hidden surcharges” dating back to auction rule changes starting in 2019.

FTC Chairman Andrew Ferguson said in a statement that the higher costs faced by advertisers “are primarily passed on to U.S. consumers.” In a blog post, Amazon called the lawsuit “misguided” and “fundamentally misunderstands how advertisers operate.” The e-commerce giant’s stock price fell 2.5% in yesterday’s trading.

So-called livestream shopping, which has been successful for years in China, is all the rage in the U.S., thanks in large part to apps like TikTok and Whatnot.

The U.S. industry is expected to generate nearly $20 billion in sales this year, more than double what it will generate in 2024 and up about 35% from a year ago, according to eMarketer.

As CNBC’s Ryan Baker reports, livestream shopping acts as a bridge between brick-and-mortar and digital retail. Although the US market is rapidly gaining momentum, it still lags behind the Chinese market.

President Trump yesterday dismissed the growing backlash against artificial intelligence data centers. Here’s what he wrote in a post on Truth Social:

— CNBC’s Ashley Caputo, Jonathan Bunyan, Sean Conlon, Hugh Leask, Justina Lee, Chloe Taylor, Spencer Kimball, Luke Fountain, Li Ying-Shan, Tobias Burns, Kevin Browninger, Jeff Cox, Annie Palmer, Dan Mangan and Ryan Baker contributed to this report.

Luke Fountain helped produce this newsletter. Josephine Rozzelle edited this version.