5 Key Financial Updates: U.S. Stock Futures Rise, Tesla Soars, Paramount Gains, Philips Settlement, Japanese Yen Rebounds

The U.S. stock market is gearing up for a positive start to the week, with stock futures pointing higher amidst a mix of bullish earnings reports and anticipation for the Federal Reserve’s upcoming meeting. Tesla shares are soaring after CEO Elon Musk’s visit to China paved the way for the EV maker to launch its driver-assistance system in the world’s largest auto market. Paramount Global is seeing gains ahead of its quarterly results, amid reports of a potential CEO ouster. Meanwhile, Koninklijke Philips shares are on the rise following a $1.1 billion settlement agreement related to its sleep apnea devices. Additionally, the Japanese yen is rebounding after hitting its weakest level against the dollar in over three decades. Stay tuned for more updates as the market continues to unfold.