Reported 17 days ago
Source: WSJ
Reported 17 days ago
On April 3, 2025, U.S. markets reacted dramatically to President Trump's newly implemented tariffs, resulting in significant declines across major indexes, the dollar, and oil prices. The S&P 500 saw its worst day since June 2020 with a 4.8% drop, while analysts expressed concern over recession risks and a potential economic slowdown. The market turbulence reflects investor shock and fears of broader economic impacts, particularly as China faces challenges in responding to these tariffs without risking a currency devaluation.
Source: YAHOO
Reported 17 days ago
This article outlines four passive income streams ideal for Generation Xers (aged 45 to 60) who are considering retirement within the next five years. Options include joining a real estate investment trust (REIT) platform, opening a high-yield savings account, renting out an extra parking space, and investing in rental properties. These approaches require varying levels of investment and effort, aimed at boosting retirement savings through low-maintenance income sources.
Source: YAHOO
Reported 17 days ago
Source: WSJ
Reported 17 days ago
Mexico's stock market experienced significant gains, outpacing global trends, as investors responded positively to news that the country was exempted from U.S. tariffs proposed by President Trump. The Mexbol index rose by approximately 2%, bolstered by falling interest rates and strong performances from financial companies. Despite ongoing trade tensions with the U.S., Mexico’s President Claudia Sheinbaum highlighted the exemption as a sign of respect and a potential opportunity for negotiation.
Source: YAHOO
Reported 17 days ago
Amid tariff pressures, certain stocks have managed to evade significant declines, particularly in sectors like utilities, grocery, and healthcare. Analysts point out that established utility companies and large discount retailers, such as Walmart, show resilience during economic downturns due to their buying power. Key healthcare players, including drug distributors and insurers, have also risen. However, experts caution that the positive trends may prove temporary as the broader impact of tariffs is expected to affect all sectors eventually.
Source: YAHOO
Reported 17 days ago
During a quarterly earnings call, RH CEO Gary Friedman reacted live to a 25% stock plunge caused by President Trump's tariff plans, expressing shock and concern. He noted the company's heavy reliance on Asian products, including significant imports from Vietnam and China. Despite the immediate setback, Friedman expressed optimism that negotiations might eventually lead to a reduction in tariffs, suggesting they could ultimately benefit the company's long-term prospects.
Source: YAHOO
Reported 17 days ago
Source: INVESTORS
Reported 17 days ago
Emerging market currencies experienced significant gains as the US dollar plunged following President Trump's tariff announcements, while stock markets, particularly in Asia, faced sharp declines. The MSCI index for emerging-market currencies rose 0.1%, and the Mexican peso gained due to tariff exemptions. However, Asian markets suffered as tariffs increased, with notable impacts on Chinese and Thai currencies and stocks. Concerns about global trade disruptions and potential retaliatory measures from affected countries heightened, affecting investor sentiment.
Source: YAHOO
Reported 17 days ago
In a recent CNBC program, Jim Cramer expressed skepticism about Tesla's (TSLA) market standing, stating there's 'nothing magnificent' about the company anymore, especially amid challenges posed by competitors and the impact of President Trump's tariffs. He noted a significant decline in Tesla's sales across major markets, contrasting this with increased interest in electric vehicles overall. Cramer highlighted Tesla's stagnating product lineup and emphasized the need for potential innovations to materialize amid investor concerns.
Source: YAHOO
Reported 17 days ago
Despite a significant market decline caused by tariffs announced by the Trump administration, pharmaceutical and biotech stocks saw relatively modest losses. Notably, some companies like Amgen and AstraZeneca even experienced gains. The sector benefitted from a temporary exemption from tariffs on pharmaceutical manufacturers, although future tariffs may still pose a threat. Positive news also emerged, such as the FDA's expansion of approval for Amgen's drug Uplizna, indicating the ongoing potential for innovation in these fields.
Source: YAHOO
Reported 17 days ago
Source: INVESTORS
Reported 17 days ago
Brazil's central bank announced that in September, a new feature allowing users to pay in installments via its popular instant payment system, Pix, will be launched. This feature aims to enhance Pix's appeal for higher-value purchases and provide an alternative for those lacking traditional credit options. Known as 'Pix Parcelado,' it will enable consumers to spread payments while merchants receive the full amount instantly, potentially threatening the market share of credit cards.
Source: YAHOO
Reported 17 days ago
Source: WSJ
Reported 17 days ago
An analyst from Argent Capital has expressed strong confidence in Amazon.com, Inc. (AMZN), noting its significant market share in retail growth. Despite challenges such as potential recession risks and rising tariffs impacting global trade, Amazon's retail and AWS services continue to thrive. The company is seen as a leading stock to watch for investors, outperforming many competitors in a challenging market environment.
Source: YAHOO
Reported 17 days ago
Source: BARRONS
Reported 17 days ago
Source: WSJ
Reported 17 days ago
Analysts suggest that NVIDIA Corporation (NASDAQ:NVDA) is facing challenges as investor expectations become increasingly high following the advent of DeepSeek, despite the company's impressive growth. The stock's volatility is attributed to fears of potential recession and rising tariffs impacting market sentiment. Nevertheless, NVIDIA continues to demonstrate robust financial performance, with significant demand for its advanced AI chips and sustained revenue growth. The firm remains a key player in the tech industry, though investors are advised to consider alternatives for potentially higher returns.
Source: YAHOO
Reported 17 days ago
Analyst Jed Ellerbroek from Argent Capital praised The Progressive Corporation (NYSE:PGR) as his 'favorite' defensive growth stock, emphasizing its stable demand for auto insurance regardless of economic conditions. With 95 hedge fund investors backing it, Progressive continues to outpace competitors like State Farm and Geico, making it a strong pick as investors prepare for potential recession risks indicated by Goldman Sachs.
Source: YAHOO
Reported 17 days ago
Stocks of major U.S. banks dropped significantly on Thursday following President Trump's new tariff announcement, raising concerns about the potential impact on the financial sector and increasing fears of a recession. The banking index fell by approximately 10%, marking its worst day since March 2023, with individual stocks like JPMorgan, Citigroup, and Goldman Sachs seeing declines between 7% and 12%. Analysts are worried about how policy changes could hinder expansion and growth in the industry.
Source: YAHOO