Reported 11 days ago
Source: YAHOO
Reported 11 days ago
Top US retailers, led by the Retail Industry Leaders Association, have decided to pause legal action against President Trump's new tariffs despite having a potentially strong case. Concerns over economic uncertainty and the administration's reactions have made companies reluctant to confront Trump directly. Many industry groups are in a waiting mode, assessing the tariffs' impact on their businesses, while no formal lawsuits from these groups have been filed as of yet.
Source: YAHOO
Reported 11 days ago
Despite a collective $10 trillion loss among US investors since President Trump's tariff announcement, Warren Buffett has managed to gain $11.5 billion this year, raising his net worth to $153.5 billion. While Buffett's company, Berkshire Hathaway, has outperformed the S&P 500, other billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg are facing significant financial setbacks.
Source: YAHOO
Reported 11 days ago
Mortgage rates have fluctuated significantly this week due to concerns about economic impacts from tariffs, with rates rising sharply on Monday after a brief drop. Experts predict continued volatility, linked closely to 10-year Treasury yields. Despite hopes among homebuyers for lower rates, uncertainty about inflation and the economy may lead to unpredictable changes in mortgage rates in the near future.
Source: YAHOO
Reported 11 days ago
A recent report by JATO Dynamics highlights that GM, Stellantis, and Ford, the Big Three automakers from Detroit, are the most vulnerable to President Trump's 25% tariffs on foreign-imported vehicles. In 2024, they sold 1.85 million imports in the US, making up 12.6% of their global sales, compared to lower percentages for major foreign competitors. The report emphasizes the significant challenges these tariffs pose for the US auto industry, leading to potential long-term adjustments in production strategies.
Source: YAHOO
Reported 11 days ago
Wall Street is experiencing significant stress as President Trump's tariffs have led to a freeze in IPOs, mergers, and bond sales, stoking fears of a recession. Key banking executives convened to discuss concerns ahead of first-quarter earnings reports, with expectations for profits to decline. The uncertainty surrounding tariffs and their impact on the economy has left investors anxious, prompting some firms to delay their public offerings and other financial activities.
Source: YAHOO
Reported 11 days ago
President Donald Trump has signed executive orders to expand coal mining and usage in the U.S., aiming to support energy-intensive data centers and rejuvenate the declining fossil fuel industry. During the announcement, Trump emphasized the necessity of increasing electricity production to compete in the artificial intelligence sector and vowed to revive the coal industry while criticizing former President Biden's environmental policies. Although the initiative is met with support from coal advocates, it faces criticism from environmental groups concerned about reliance on coal as a power source.
Source: YAHOO
Reported 11 days ago
Markets are grappling with confusion over President Trump's negotiating stance in his ongoing trade war, with mixed messages from both Trump and his aides about desired outcomes. While Trump rejects mere reciprocal tariff reductions, his fluctuating definitions of a final deal, alongside threats of new tariffs on Chinese goods, are fueling market anxiety as they await clarity ahead of impending tariff deadlines.
Source: YAHOO
Reported 11 days ago
Billionaire investor Bill Ackman is calling for a temporary halt on the implementation of Trump's tariffs, emphasizing that without allowing time for negotiations, these tariffs could cause significant harm to vulnerable businesses and citizens. He warns that the aggressive tariff policies could result in a global economic disruption, escalating trade wars, and potential recession, reflecting rising concerns within corporate America. Despite Ackman's concerns, the Trump administration is set to proceed with the tariffs.
Source: YAHOO
Reported 11 days ago
Elon Musk and Peter Navarro, both key figures in Trump's advisory team, are at odds over tariff policies. Musk criticized Navarro on social media, calling him 'truly a moron' in response to Navarro’s strong support for tariffs, which Musk believes could harm Tesla. This public feud highlights the tension within the Trump administration regarding trade strategies, with Musk advocating for more open markets.
Source: YAHOO
Reported 11 days ago
Experts warn that the US equity market could face significant setbacks due to impending tariffs, possibly hitting S&P 500 earnings by around 8%. In contrast, emerging markets like China may experience a reduced earnings impact of about 4%. Analysts suggest focusing on countries with fiscal stimulus potential, such as Germany and China, to mitigate these challenges.
Source: YAHOO
Reported 11 days ago
U.S. stock markets saw a significant rebound on Tuesday, with the Dow Jones Industrial Average surging by around 1,300 points amidst hopes for favorable trade discussions initiated by President Trump. The S&P 500 and Nasdaq also posted substantial gains after experiencing significant losses earlier in the week, driven by optimism surrounding reduced tensions in trade negotiations, particularly with Japan and South Korea. However, concerns over the ongoing tariff disputes with China continue to loom over the markets.
Source: YAHOO
Reported 11 days ago
US stocks rebounded sharply on Tuesday following a three-day sell-off, the worst since the COVID-19 pandemic began, as optimism grew around trade negotiations, particularly with Japan. Major indexes like the S&P 500 and Dow Jones saw significant gains, while European and Asian markets also climbed. However, analysts caution about potential market volatility and the long-term impact of tariffs on company valuations amid ongoing tensions between the US and China.
Source: YAHOO
Reported 11 days ago
Elon Musk has directly appealed to President Donald Trump to reverse significant new tariffs, which he believes negatively impact his company, Tesla, and the broader economy. This unprecedented rift follows Musk's critical public comments about a key White House adviser involved in the tariff strategy. Despite Musk's substantial financial backing for Trump, his stance reflects a broader concern among business leaders that these tariffs could harm U.S. companies more than Chinese ones. The disagreement comes as Musk faces pressure from Tesla's declining stock values and demand.
Source: YAHOO
Reported 11 days ago
Nvidia's stock surged by 7% on Tuesday, spearheading a recovery for the 'Magnificent Seven' tech companies following significant losses caused by the Trump administration's tariff announcements. Other tech giants like Meta, Tesla, Amazon, Microsoft, Google, and Apple also reported gains as investors reacted positively to potential trade negotiations. The tariffs, which will primarily impact companies reliant on global supply chains, have raised concerns in the sector, but Nvidia's AI servers from Mexico remain exempt, aiding its rebound.
Source: YAHOO
Reported 11 days ago
In just three days, the ten richest individuals globally lost a staggering $172 billion due to a sharp decline in stock prices triggered by President Donald Trump's tariff announcements, which instigated fears of retaliation and recession. Notably, Elon Musk saw a decrease of $35 billion in his fortune, while Mark Zuckerberg lost around $24 billion, amidst a significant overall decline in their net worths in 2025.
Source: YAHOO
Reported 11 days ago
In a volatile market reacting to upcoming tariffs, Wall Street analysts are defending three stocks: IBM, which is expected to thrive due to its resilient business model; Meta, which is anticipated to maintain advertiser interest despite economic uncertainties; and Planet Fitness, projected to remain strong with its low-cost structure and resilience during downturns. Despite fears, analyst upgrades indicate optimism in these companies’ performance.
Source: YAHOO
Reported 11 days ago
小企業主在3月份感到不安，因為特朗普的'解放日'關稅公告引發市場震盪並加劇對美國經濟衰退的擔憂。根據全國獨立企業聯合會(NFIB)的資料，小企業樂觀指數下降了3.3點，降至97.4，這是自2022年6月以來最大的單月降幅。分析預測指數在99以上。這一下降將指數推低於51年平均值98，也是在短短三個月內從近乎創紀錄的105.1大幅回落。NFIB首席經濟學家比爾·鄧克爾伯格表示，新政策的實施加劇了小企業主的迷茫，並提到銷售增長的預期也因此下調。
Source: YAHOO
Reported 11 days ago
Micron Technology, the U.S. memory chipmaker, has announced it will impose a surcharge on certain products starting April 9 due to new tariffs from President Trump. While semiconductors are exempt, memory modules and solid-state drives will be affected. This move follows Micron's earlier statement about passing costs onto customers amid rising demand, and comes as companies globally reassess their pricing strategies in response to escalating trade tensions.
Source: YAHOO
Reported 11 days ago
Stocks are rallying as Dow futures jump with hopes of new trade talks between the Trump administration and Japan. Despite the impending tariffs set to take effect, which could impact companies significantly, China has vowed to resist these tariffs. Levi's shares rose by 10% after positive earnings, while Walmart faces potential earnings pressure due to tariffs, leading some experts to predict a grim outlook for profit growth across the S&P 500 this year.
Source: YAHOO
Reported 11 days ago
In the coming weeks, financial markets are likely to experience a 'battle between fear and greed' as they deal with uncertainty stemming from a trade war and potential recession. Experts, including Keith Lerner from Truist, discuss the current market outlook, indicating a more neutral stance and the volatility expected. Investors may encounter both downside risks and opportunities for gains, suggesting a choppy trading environment ahead.
Source: YAHOO
Reported 11 days ago
U.S. Treasuries suffered a sharp decline as investors sold bonds to cover losses in other areas, raising concerns about financial market stability. Expectations for quick Federal Reserve interest rate cuts vanished rapidly, leading to significant volatility in bond yields. The rapid changes highlight a lack of buyers and an unstable market environment, while concerns over upcoming U.S. tariffs added to the pressure. The yields on ten-year bonds saw record movements, indicating heightened risk liquidation.
Source: YAHOO
Reported 11 days ago
A recent fleeting rise in the stock market occurred when speculation arose that President Trump might pause his tariff rollout for 90 days. However, the administration quickly clarified that no delay would happen, leading to a swift end to the market bounce. Analysts suggest that a change in U.S. tariff policy is necessary for stability in equity prices, yet the unpredictable economic landscape makes forecasting challenging for investors.
Source: YAHOO
Reported 11 days ago
Goldman Sachs has indicated that under extreme conditions, such as a global GDP slowdown and a full reversal of OPEC+ production cuts, Brent crude oil prices could potentially drop below $40 a barrel by late 2026. This outlook follows recent declines in oil forecasts fueled by escalating trade tensions, particularly from the Trump administration, as well as increasing supplies. Currently, Goldman predicts Brent to be at $55 by December 2025.
Source: YAHOO