US delegation to China will include Tesla's (TSLA) Musk and CEOs from Visa (V), Qualcomm (QCOM), Mastercard (MA), Cisco (CSCO), Apple (AAPL) and more

The visit by prominent US CEOs to China, including leaders from Tesla and major tech firms, signals a potential thawing in US-China relations.

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Iran's Spokesperson of the Parliament's National Security Commission says Iran does not seek to keep the Strait of Hormuz permanently closed, Tasnim reports

Newsquawk Daily Economic Releases - 12th May 2026

US delegation to China will include Tesla's (TSLA) Musk and CEOs from Visa (V), Qualcomm (QCOM), Mastercard (MA), Cisco (CSCO), Apple (AAPL) and more

US President Trump said, on Iran's hardline leaders, that "they are going to fold". When questioned on regime change said, "I will deal with them until they make a deal", speaking to Fox

US President Trump is reportedly pushed back against Iran's demands for war reparations, as the administration views this to be implications of defeat, AP reports citing sources familiar

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This could positively influence market sentiment and reduce trade tensions, important for sectors like technology and automobiles that heavily rely on Chinese markets. Investors should watch for shifts in trade policies and any implications for the affected industries.

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