Trump administration releasing $6 billion in education funding it withheld
This includes all title program funding for English language acquisition, teacher development and adult education, among other programs, the spokesperson confirmed.
MORE: GOP senators urge Trump administration to reverse $6 billion education funding freeze
On Thursday, in an interview with ABC News, Secretary of Education Linda McMahon suggested the roughly $6 billion in education programming that was paused and under review by the Office of Management and Budget could be released by the end of the year.
"We want to make sure that we have the right focus on what we're trying to do with our students," McMahon said.
The congressionally authorized education funding was under review to determine if programs "grossly misused" government funds to promote a "radical leftwing agenda."
MORE: GOP senators urge Trump administration to reverse $6 billion education funding freeze
Last week, several Republican senators sent a letter to OMB Director Russ Vought urging the Trump administration to reverse its decision to withhold the more than $6 billion in federal funds for education programs already appropriated by Congress. Additionally, a coalition of school districts and advocacy groups sued the Trump's administration over the funding freeze.
Friday's announcement comes a week after OMB unfroze more than $1 billion in after-school and summer learning funds that had been under review. A senior administration official said the states would have to adhere to new guardrails moving forward. Many programs told ABC News they received the after-school and summer learning funding earlier this week.
It's unclear how soon states will receive the additional education funding that was released today, but the school year starts in the coming days for many districts nationwide.
This is a developing story. Please check back for updates.
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I'm a Retirement Planner: 5 Best Money Tips for Supplementing Social Security
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How to negotiate student loan debt settlement
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Private student loan settlements are easier since they're negotiated directly with the lenders without the involvement of any federal government agencies. Whether you plan to tackle this on your own or get the help of an experienced attorney or nonprofit, understanding how to negotiate federal or private student loan debt settlements could give you an idea of whether it's a realistic relief option. Who should consider a student loan settlement? Your federal student loans are 270 days past due. Your private student loans are 90 to 120 days late. Your loan is in some stage of the collection process. You have the cash to make a lump sum payment to settle your balance. You've received notice of a pending court judgment or garnishment action. You can prove you don't have the resources (income or assets) to repay the full amount you borrowed. You've defaulted on the same loan several times. If you find yourself in any of the scenarios above, you'll need to take very specific steps soon to increase the odds of a successful student loan settlement. 5 Steps to negotiating student loan settlements Once you've confirmed your default status with your private or federal student loan servicer you'll need to take some steps to start the settlement process. 1. Gather required documentation Lenders are more likely to negotiate if you're experiencing financial hardship. Gather proof of your situation to show why you can't repay the full amount. This documentation might include: Paystubs or tax returns showing a large drop in income Written proof of a job termination or layoff Documents showing disability due to an accident or illness Detailed letters of explanation regarding the nature of your hardship Supporting letters from doctors, employers or social service agencies, if applicable 2. Have your funds ready If you're hoping to reduce the amount you owe by a substantial amount, make sure the money is available. Joshua Cohen is a lawyer who helps people struggling with student loan problems. He advises borrowers not to come to the table without cash in hand. 3. Know the difference between federal and private settlement options You have fewer settlement options for federal loans than private student loans. You'll also need to be in full student loan default to even be considered for a federal settlement – being late on payments won't cut it. Private student loan lenders may offer more settlement options, even if you're not fully in default but still in collection status. Related: How to avoid joining the nearly 5 million federal student loan borrowers in default Cohen says not to bother trying to set the terms of what you want to – or even think – you should have to pay. The settlement options don't allow for any wiggle room and usually include only two choices: 100% principal + 50% interest 90% of principal and interest Although there is a 'compromise' option, Cohen said it's usually only available in rare circumstances. Settlements offered by private lenders can vary significantly. Student loan attorney Stanley Tate at Tate Law explains the factors that may influence how little or how much you could end up settling your balance. 'Older, stale debts – especially those past the statute of limitations or those previously charged off – might settle for as little as 10 to 20 cents on the dollar,' he says. 'On the other hand, newer defaults, with recently charged-off loans, could require settlements closer to 60 to 70 cents on the dollar. According to student loan attorney Adam Minsky, private lenders may offer more settlement flexibility than federal student loans. 4. Negotiate the terms of the settlement You can try to negotiate directly with your lender or hire an attorney to help you. If you go it alone, explain your situation and ask open-ended questions such as, 'What are my options at this point?' or 'How can we settle this debt?' Allowing the lender to make the first offer gives you the advantage since you know the starting point for negotiations. Hiring an experienced student loan attorney may give you an edge, especially if the lawyer knows how your lender's settlement process works. 5. Request a paid-in-full statement Never make a payment until you have a written agreement that clearly outlines the terms of the settlement. This should include the amount you're paying, the deadline for payment, as well as confirmation that the lender will consider the debt settled once payment is received. Have a lawyer review the terms with you, and save your paid-in-full statement in case lenders or debt collectors try to request money from you later. You might also need your statement to request an update on your credit report or when filing your tax return. How student loan debt settlement works Not all student loan lenders are willing to entertain settlement offers, and the amount of debt that can be forgiven varies according to the lender. This is especially true when it comes to settling private vs. federal student loans. 1. Federal student loans The government won't settle a student loan balance unless you're in default. Even then, settlement terms are typically not affordable. With an arsenal of collection tools that includes wage garnishment and tax refund offsets, federal loan servicers are less likely to negotiate. According to Tate, term settlements tend to 'require nearly the full principal balance, plus a substantial portion (often 50 percent) of the outstanding interest' that is due in 90 days. If you qualify and can afford to repay private student loans and the lower rates they offer, Tate says using them to pay off your federal student loan balances may make some sense, but he warns against refinancing to avoid the more severe federal collection tactics since 'that would be viewed as deceptive, potentially fraudulent, and [will expose] you to serious legal consequences.' 2. Private student loans You're likely to have much more luck negotiating a settlement with a private student loan lender because they don't have the collection power of the federal government. They also want to provide some type of return to their investors. If you can't refinance or keep up with payments, Tate says you may find options with private lenders that you won't find with federal student loan servicers. 'In those situation, private lenders are frequently open to accepting less than the full balance owed, but it's never a guarantee.' Some attorneys have more luck negotiating private student loan settlements as part of a bankruptcy. 'I can often renegotiate the terms, including dropping the interest rate to 0%, get a long-term fixed affordable payment and plan for the borrower which also protects a cosigner,' Cohen says. Settling student loan debt: Pros and cons Pros Saves money Gets you out of debt Avoids court Improves your credit score Cons Lowers your credit score Reduces your available cash Increases potential tax liability Lenders may not settle at terms you can afford Pros in detail Saves money: You could substantially reduce the amount you owe on private student loan balances, or stop the interest-accrual on delinquent federal loans. Gets you out of default: Once you settle, your remaining balance is cleared and your account closed. Avoids court: By settling, you may be able to avoid being taken to court, paying legal fees or having your wages garnished. Improves your credit score. As your rebuild your credit score with new debt that's paid on time, your credit scores may increase. Cons in detail Lowers your credit score: Missed payments and defaulting on your loan can dramatically lower your credit score. Reduces your available cash: You'll need to pay a large lump sum of cash to settle, leaving you with less cash on hand to pay for emergencies or other expenses. Increases potential tax liability: The debt that the lender or collection agency cancels could be considered taxable income. Lenders may not settle at terms you can afford: This is more true for defaulted federal loans than private student loans. Lenders aren't required to settle for less than you borrowed. 4 Alternatives to student loan settlement Before settling your student loans, try getting back on track with your payments through alternative options that may be available. 1. Deferment or forbearance If you're facing short-term financial hardship, deferment or forbearance can temporarily pause your loan payments, as long as your loan was, or is, taken out before July 2027. That hardship flexibility will end for loans taken out after July 2027 as part of student loan repayment changes that went into effect as part of the passage of the One Big Beautiful Bill (OBBB). The forbearance term will also change from 12 to nine months. 2. Income-driven repayment plans The OBBB will also see big changes for income-driven repayment (IDR) plans on student loans taken out after July 1, 2026. Only the revised standard plan and the Repayment Assistance Plan (RAP) will be available. Income-based repayment (IBR) may also be available. Borrowers in discontinued programs will need to change to one of the available repayment programs by July 1, 2028. That would put an end to previous income-driven repayment plans, which based your payments on 10 to 20 percent of your discretionary income for 20 or 25 years of payments, after which the government would forgive the remaining balance. 3. Refinancing If you have good credit and a stable income, refinancing your student loans with a private lender could lower your interest rate and reduce your monthly payments. Be mindful that refinancing federal loans with a private lender will mean losing access to government protections like forbearance and income-based repayment plans. 4. Federal student loan consolidation To help lower your monthly payment and make your loans more manageable, you may be able to consolidate your federal student loans into one Direct Consolidation Loan. Keep in mind that, while this can lower your monthly payment, you will have a longer repayment term and pay more in interest over the life of the loan. To consolidate your federal student loans, they must be in repayment or in a grace period. Related: Can you consolidate defaulted student loans? Student loan resources help provides federal student loan information, including repayment options, forbearance, deferment and delinquency guidance. For help with your private student loans, reach out to your lender or servicer. Or contact an experienced student loan lawyer for a consultation. Borrowers who are struggling to repay their student loans have several resources available. A few options include: The Consumer Financial Protection Bureau (CFPB) is a government agency that protects borrowers from predatory lending and scams. The National Consumer Law Center works with lawyers and advocates to provide student loan assistance to borrowers with low incomes to help them understand their rights and loan responsibilities. The Student Borrower Protection Center is a nonprofit focused on protecting student loan borrowers. You can find several helpful resources on the center's website, including a list of state-based student loan ombudspersons and advocates to help with loan-related issues. Bottom line Settling your student loan debt can provide financial relief, but it may not be affordable if you have federal student loans. Private student debt settlement is typically more cost effective, but the amount private lenders are willing to settle may vary based on a variety of factors. Even if a settlement is possible, it can negatively impact your credit and may result in tax liabilities on the forgiven amount. Before pursuing this path, it's important to explore alternatives, such as IDR, RAP or refinancing, which could offer long-term relief without the downsides of settlement. Frequently asked questions What happens if you never pay your student loans? If you don't repay your student loans, you may incur late fees, penalties and long-term credit score damage. This can disqualify you from future loans, housing rentals and even jobs. If you miss enough payments, your lender can file a lawsuit against you, seize your tax refunds and garnish your wages to repay the debt. Should I pay off my student loans in one lump sum? Yes, as long as you have the cash to pay the amount in full within the offer period. Don't make any payments until you have the settlement offer in writing from your lender or lawyer. How is the student loan debt settlement calculated? Federal student lenders will offer only one of two settlements: 100% principal plus 50% of owed interest or 90% of principal and interest owed. Settlements for less than that are rare and require proof of extreme hardship. Private student loan lenders will base the settled amount on your financial situation, the age of the defaulted loan and other factors that may vary. 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Stock market today: Dow, S&P 500, Nasdaq rise as Wall Street awaits Fed decision, Big Tech results
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Economic data: Federal Reserve monetary policy decision; GDP annualized; ADP private payrolls (July); (second quarter); Pending home sales, (June); MBA Mortgage Applications (July 25); Minnesota Chicago PMI (July) Earnings: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD) Here are some of the biggest stories you may have missed overnight and early this morning: Fed set to hold rates steady, defying Trump's call for a cut Whirlpool is championing the tariffs that have hammered its quarter Meta to report Q2 earnings amid AI investment push Microsoft to report Q4 earnings as Wall Street looks for continued AI growth Deal-hunting Americans are putting corporates on watch Trump eyes 25% India tariff, US-China truce in the balance Wall Street's riding high on relief, not results: Strategist Tesla signs $4.3B battery deal, cuts reliance on China Meta and Microsoft are set to kick off this week's Big Tech earnings Yahoo Finance's Dan Howley has previews of both Meta (META) and Microsoft (MSFT), whose reports come Wednesday. 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The two-day talks between the two economic powerhouses to discuss tariffs did not yield hard results, but representatives from both nations expressed positivity about the dialogue. Reuters reports: Read more here. Samsung stock pops on Tesla deal Samsung Electronics ( has seen the benefits of a wave of market optimism following the unexpected announcement of a chipmaking deal with Tesla (TSLA) worth $16.5 billion. Bloomberg reports: Read more here. Oil prices hold after Trump-Russia row Oil prices held gains overnight Tuesday after jumping 3% Monday, with supply issues in focus. Trump's continued pressure on Russia over the Ukraine war has raised concerns over how economic sanctions will impact the Slavic state's ability to produce oil at the current rate. Reuters reports: Read more here. Trump says Powell must lower interest rates 'now' following GDP uptick President Trump used a return to GDP growth ahead of a widely expected Federal Reserve decision to keep monetary policy unchanged to say that Fed Chairman Jerome Powell must 'now' lower rates, Yahoo Finance's Ben Werschkul reports. Werschkul writes: Read the full story here. President Trump used a return to GDP growth ahead of a widely expected Federal Reserve decision to keep monetary policy unchanged to say that Fed Chairman Jerome Powell must 'now' lower rates, Yahoo Finance's Ben Werschkul reports. Werschkul writes: Read the full story here. Marvell Technology soars 10% as Morgan Stanley analyst lifts price outlook Marvell Technology (MRVL) shares spiked Wednesday after Morgan Stanley (MS) analyst Joseph Moore lifted his price target on the stock to $80 from $73. In a note to clients on Tuesday, Moore cited the chipmaker's opportunity in the AI networking space. Networking products such as data center switches, ethernet controllers, and digital signal processors are required in data centers to receive and send data between AI chips and servers. Marvell makes both networking products and custom AI chips (also known as processors) called ASIC accelerators. "For both Broadcom (AVGO) and Marvell (MRVL), we expect AI upside this year to come from the networking side rather than processors [custom AI chips]," Moore wrote. Moore said Marvell "should be a direct beneficiary of NVIDIA's upcoming product cycle." That's because networking technology is needed to support upcoming purchases of Nvidia's latest Blackwell chips and servers. "Marvell is firmly in the AI winners camp," wrote Moore. Marvell Technology (MRVL) shares spiked Wednesday after Morgan Stanley (MS) analyst Joseph Moore lifted his price target on the stock to $80 from $73. In a note to clients on Tuesday, Moore cited the chipmaker's opportunity in the AI networking space. 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Stocks steady at the open US stocks held steady at the start of Wednesday's trading session ahead of the Federal Reserve's interest-rate decision and earnings from Big Tech names Microsoft (MSFT) and Meta (META). The Dow Jones Industrial Average (^DJI) wavered along the flat line, while the S&P 500 (^GSPC) nudged nearly 0.1% higher. The tech-heavy Nasdaq Composite (^IXIC) ticked up roughly 0.2%. The indices had fallen on Tuesday, with the S&P 500 ending its six-day record streak. US stocks held steady at the start of Wednesday's trading session ahead of the Federal Reserve's interest-rate decision and earnings from Big Tech names Microsoft (MSFT) and Meta (META). The Dow Jones Industrial Average (^DJI) wavered along the flat line, while the S&P 500 (^GSPC) nudged nearly 0.1% higher. The tech-heavy Nasdaq Composite (^IXIC) ticked up roughly 0.2%. The indices had fallen on Tuesday, with the S&P 500 ending its six-day record streak. Jobs data, GDP both top forecasts in a strong morning for the US economy Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued resilience in the US economy. Private payroll growth in July tallied 104,000 according to the latest data from ADP, more than the 77,000 jobs that private employers were expected to add and a rebound from the 23,000 jobs that were cut in the sector last month. "Our hiring and pay data are broadly indicative of a healthy economy," said Nela Richardson, chief economist at ADP. "Employers have grown more optimistic that consumers, the backbone of the economy, will remain resilient." Fifteen minutes after ADP's data was released, the BEA put out its first look at GDP growth in the second quarter, which showed the US economy grew at an annualized rate of 3% in the second quarter, faster than the 2.6% that had been expected by economists. In the first three months of the year, the US economy contracted at a rate of 0.5%. The BEA noted in its release the rebound in the second quarter was largely a result of decreased imports, which had weighed on growth in the first quarter as businesses increased orders ahead of expected tariffs. In response to the data, longer-term Treasury yields ticked slightly higher while futures remained little-changed ahead of the Federal Reserve's policy announcement set for 2:00 p.m. ET. In a post on Truth Social following the GDP data, President Trump again called on the Fed to cut rates. The central bank is widely expected to make no change to its interest rate policy later today. Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued resilience in the US economy. Private payroll growth in July tallied 104,000 according to the latest data from ADP, more than the 77,000 jobs that private employers were expected to add and a rebound from the 23,000 jobs that were cut in the sector last month. "Our hiring and pay data are broadly indicative of a healthy economy," said Nela Richardson, chief economist at ADP. "Employers have grown more optimistic that consumers, the backbone of the economy, will remain resilient." Fifteen minutes after ADP's data was released, the BEA put out its first look at GDP growth in the second quarter, which showed the US economy grew at an annualized rate of 3% in the second quarter, faster than the 2.6% that had been expected by economists. In the first three months of the year, the US economy contracted at a rate of 0.5%. The BEA noted in its release the rebound in the second quarter was largely a result of decreased imports, which had weighed on growth in the first quarter as businesses increased orders ahead of expected tariffs. In response to the data, longer-term Treasury yields ticked slightly higher while futures remained little-changed ahead of the Federal Reserve's policy announcement set for 2:00 p.m. ET. In a post on Truth Social following the GDP data, President Trump again called on the Fed to cut rates. The central bank is widely expected to make no change to its interest rate policy later today. Premarket trending tickers: Novo Nordisk stock falls, Starbucks stock pops Here's a look at some of the top stocks trending in premarket trading: Novo Nordisk (NVO): The stock continued to sink on Wednesday, falling 4% premarket after a 21% wipeout on Tuesday. The drugmaker cut its full-year sales and operating profit guidance again, related to lower growth expectations for its diabetes and weight-loss drugs, Wegovy and Ozempic. Eli Lilly stock also fell Tuesday but was up 1% Wednesday morning. Starbucks (SBUX): Shares of the coffee giant popped 5% premarket after the company reported its sixth straight quarterly sales decline. But things weren't as bad as investors feared, and CEO Brian Niccol assured Wall Street that the company was "ahead of schedule" in its turnaround plan. V.F. Corp (VFC): The Vans parent's stock soared nearly 20% after the company beat first quarter revenue estimates on Wednesday, aided by an uptick in demand for its apparel and footwear products. Palo Alto Networks (PANW): The software company is in final talks to acquire Israeli cybersecurity provider CyberArk, the Wall Street Journal reported, and the deal could be finalized as early as this week. The deal could place a value north of $20 billion on CyberArk, potentially making it one of the largest tech takeovers this year. Shares of Palo Alto Networks rose 0.4% in premarket trading. Meta (META) and Microsoft (MSFT) stocks rose modestly ahead of their quarterly results, which are set to be released after the closing bell on Wednesday. Investors will be looking to the two Big Tech companies for signs of AI sales growth and monetization. Read live coverage of corporate earnings here. Here's a look at some of the top stocks trending in premarket trading: Novo Nordisk (NVO): The stock continued to sink on Wednesday, falling 4% premarket after a 21% wipeout on Tuesday. The drugmaker cut its full-year sales and operating profit guidance again, related to lower growth expectations for its diabetes and weight-loss drugs, Wegovy and Ozempic. Eli Lilly stock also fell Tuesday but was up 1% Wednesday morning. Starbucks (SBUX): Shares of the coffee giant popped 5% premarket after the company reported its sixth straight quarterly sales decline. But things weren't as bad as investors feared, and CEO Brian Niccol assured Wall Street that the company was "ahead of schedule" in its turnaround plan. V.F. Corp (VFC): The Vans parent's stock soared nearly 20% after the company beat first quarter revenue estimates on Wednesday, aided by an uptick in demand for its apparel and footwear products. Palo Alto Networks (PANW): The software company is in final talks to acquire Israeli cybersecurity provider CyberArk, the Wall Street Journal reported, and the deal could be finalized as early as this week. The deal could place a value north of $20 billion on CyberArk, potentially making it one of the largest tech takeovers this year. Shares of Palo Alto Networks rose 0.4% in premarket trading. Meta (META) and Microsoft (MSFT) stocks rose modestly ahead of their quarterly results, which are set to be released after the closing bell on Wednesday. Investors will be looking to the two Big Tech companies for signs of AI sales growth and monetization. Read live coverage of corporate earnings here. A divided Fed is expected to hold rates steady, defying Trump's calls for a cut The Federal Reserve is widely expected to hold interest rates steady on Wednesday, though the central bank remains internally divided over the path of monetary policy amid the Trump administration's pressure on the Fed. Yahoo Finance's Jennifer Schonberger reports: Read more here. The Federal Reserve is widely expected to hold interest rates steady on Wednesday, though the central bank remains internally divided over the path of monetary policy amid the Trump administration's pressure on the Fed. Yahoo Finance's Jennifer Schonberger reports: Read more here. Whirlpool is championing the tariffs that have hammered its quarter Yahoo Finance's Hamza Shaban digs into the tariffs story for Whirlpool (WHR) in today's Morning Brief: Read more here on why Whirlpool is looking past tariff setbacks. Yahoo Finance's Hamza Shaban digs into the tariffs story for Whirlpool (WHR) in today's Morning Brief: Read more here on why Whirlpool is looking past tariff setbacks. Good morning. Here's what's happening today. Economic data: Federal Reserve monetary policy decision; GDP annualized; ADP private payrolls (July); (second quarter); Pending home sales, (June); MBA Mortgage Applications (July 25); Minnesota Chicago PMI (July) Earnings: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD) Here are some of the biggest stories you may have missed overnight and early this morning: Fed set to hold rates steady, defying Trump's call for a cut Whirlpool is championing the tariffs that have hammered its quarter Meta to report Q2 earnings amid AI investment push Microsoft to report Q4 earnings as Wall Street looks for continued AI growth Deal-hunting Americans are putting corporates on watch Trump eyes 25% India tariff, US-China truce in the balance Wall Street's riding high on relief, not results: Strategist Tesla signs $4.3B battery deal, cuts reliance on China Economic data: Federal Reserve monetary policy decision; GDP annualized; ADP private payrolls (July); (second quarter); Pending home sales, (June); MBA Mortgage Applications (July 25); Minnesota Chicago PMI (July) Earnings: Meta (META), Microsoft (MSFT), Arm (ARM), Altria (MO), Carvana (CVNA), Ford (F), Generac (GNRC), Harley Davidson (HOG), Hershey (HSY), Humana (HUM), The Kraft Heinz Company (KHC), Qualcomm (QCOM), Robinhood (HOOD) Here are some of the biggest stories you may have missed overnight and early this morning: Fed set to hold rates steady, defying Trump's call for a cut Whirlpool is championing the tariffs that have hammered its quarter Meta to report Q2 earnings amid AI investment push Microsoft to report Q4 earnings as Wall Street looks for continued AI growth Deal-hunting Americans are putting corporates on watch Trump eyes 25% India tariff, US-China truce in the balance Wall Street's riding high on relief, not results: Strategist Tesla signs $4.3B battery deal, cuts reliance on China Meta and Microsoft are set to kick off this week's Big Tech earnings Yahoo Finance's Dan Howley has previews of both Meta (META) and Microsoft (MSFT), whose reports come Wednesday. For Meta, it's all about the AI hiring and spree: And Microsoft remains chugging along, its stock up more than 20% this year. Dan says Alphabet's (GOOG, GOOGL) well-received results last week could bode well for Microsoft, as investors focus on AI-driven sales gains: Read more on Meta and Microsoft. Yahoo Finance's Dan Howley has previews of both Meta (META) and Microsoft (MSFT), whose reports come Wednesday. For Meta, it's all about the AI hiring and spree: And Microsoft remains chugging along, its stock up more than 20% this year. Dan says Alphabet's (GOOG, GOOGL) well-received results last week could bode well for Microsoft, as investors focus on AI-driven sales gains: Read more on Meta and Microsoft. Trending tickers: Seagate, Avis and Sarepta Here are some top stocks trending on Yahoo Finance in premarket trading: Seagate Technology (STX) shares fell more than 6% on Wednesday before the bell after the company's first-quarter revenue forecast fell below Wall Street estimates on Tuesday. Seagate earnings were hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market. Avis (CAR) stock fell 5% premarket following the car rental company's earnings results on Tuesday. It was also announced that Alphabet (GOOG, GOOGL)-owned company Waymo plans to launch a robotaxi service next year in Dallas and will partner with Avis Budget Group to manage its fleet of all-electric autonomous Jaguar I-Pace vehicles. Sarepta Therapeutics (SRPT) stock rose 10% in premarket trading on Wednesday following the news that it will now start shipping its top-selling muscular dystrophy therapy, Elevidys, after the US Food and Drug Administration (FDA) reversed its request for a voluntary pause late Monday. Here are some top stocks trending on Yahoo Finance in premarket trading: Seagate Technology (STX) shares fell more than 6% on Wednesday before the bell after the company's first-quarter revenue forecast fell below Wall Street estimates on Tuesday. Seagate earnings were hurt by weak demand for its storage devices amid ongoing uncertainty in the personal computer market. Avis (CAR) stock fell 5% premarket following the car rental company's earnings results on Tuesday. It was also announced that Alphabet (GOOG, GOOGL)-owned company Waymo plans to launch a robotaxi service next year in Dallas and will partner with Avis Budget Group to manage its fleet of all-electric autonomous Jaguar I-Pace vehicles. Sarepta Therapeutics (SRPT) stock rose 10% in premarket trading on Wednesday following the news that it will now start shipping its top-selling muscular dystrophy therapy, Elevidys, after the US Food and Drug Administration (FDA) reversed its request for a voluntary pause late Monday. Starbucks stock pops after US sales fall less than feared Shares of Starbucks (SBUX) rose in premarket despite a quarterly profit miss after sales in the coffee chain's US outlets proved healthier than expected. Yahoo Finance's Brooke DiPalma reports: Read more here. Shares of Starbucks (SBUX) rose in premarket despite a quarterly profit miss after sales in the coffee chain's US outlets proved healthier than expected. Yahoo Finance's Brooke DiPalma reports: Read more here. Major Asian gauges see slight boost from US-China trade talks Markets across Asia saw tentative gains despite uncertainty in the aftermath of US-China trade talks. The two-day talks between the two economic powerhouses to discuss tariffs did not yield hard results, but representatives from both nations expressed positivity about the dialogue. Reuters reports: Read more here. Markets across Asia saw tentative gains despite uncertainty in the aftermath of US-China trade talks. The two-day talks between the two economic powerhouses to discuss tariffs did not yield hard results, but representatives from both nations expressed positivity about the dialogue. Reuters reports: Read more here. Samsung stock pops on Tesla deal Samsung Electronics ( has seen the benefits of a wave of market optimism following the unexpected announcement of a chipmaking deal with Tesla (TSLA) worth $16.5 billion. Bloomberg reports: Read more here. Samsung Electronics ( has seen the benefits of a wave of market optimism following the unexpected announcement of a chipmaking deal with Tesla (TSLA) worth $16.5 billion. Bloomberg reports: Read more here. Oil prices hold after Trump-Russia row Oil prices held gains overnight Tuesday after jumping 3% Monday, with supply issues in focus. Trump's continued pressure on Russia over the Ukraine war has raised concerns over how economic sanctions will impact the Slavic state's ability to produce oil at the current rate. Reuters reports: Read more here. Oil prices held gains overnight Tuesday after jumping 3% Monday, with supply issues in focus. Trump's continued pressure on Russia over the Ukraine war has raised concerns over how economic sanctions will impact the Slavic state's ability to produce oil at the current rate. Reuters reports: Read more here.