AI Deals Advance, China's Economy Flashes Warning, US Official Talks Inflation

Market News
1. Fiserv shares gained 3% premarket after announcing a strategic collaboration with OpenAI to integrate AI technology.
2. China's new yuan loans for April unexpectedly dropped significantly, falling far below market expectations and indicating a potential economic slowdown.
3. U.S. Treasury Secretary Bessent projected the possibility of 1-2 hot inflation numbers ahead but believes oil prices will come down quickly.