Ives: iPhone production will remain in China and India, despite what Trump says
Yesterday President Trump reiterated that he wants to move production to the US, not India, where it had been moving iPhone manufacturing for the US market to avoid uncertainty about tariffs on China...
How tariffs swiftly became one of the biggest issues for corporate America, in one chart
As earnings season for the first quarter of this year comes to a close, something has become abundantly clear: tariffs are an active curveball and executives are finding very creative ways to describe...
As goes the humble cardboard box, so goes the economy
As the astute economic observers of the Gray Lady recently noted, the recessionary impact of President Trump’s tariff blitz is everywhere — except the actual economic data. Recent numbers on consumpti...
Walmart dips as investors brace for price hikes, even as it vows to stay the low-cost leader
shares slipped as much as 3% Thursday after an early morning pop, as investors digested the company’s solid Q1 earnings beat and a warning that price hikes are on the way. Walmart CFO John David Raine...
As Apple moves production from China to India, Trump reiterates that he wants it in the US
Despite a cooling trade war with China, where produces a big chunk of its products, the iPhone maker is still feeling the heat from the Trump administration. Today, President Trump said he told Apple...
American-made PS5s apparently aren't off the table for Sony
With tariffs crunching all aspects of the video game industry, is leaving every option on the table. According to the investor call following Sony's earnings report on Wednesday , that includes Made-...
California’s pistachio farmers will be thankful for US-China tariff relief
On Monday, the US and China released a joint statement announcing a 90-day pause in the nations’ ongoing trade war, including China reducing its retaliatory tariffs on US goods from 125% to 10%. The ...
Sony jumps on strong earnings and buyback plan despite warning of an upcoming tariff hit
is up 5% premarket after reporting fourth-quarter earnings that beat analyst expectations and issuing a buyback plan of up to 250 billion yen ($1.71 billion). It posted Q4 earnings per share of 32.63 ...
One chart shows how much tariffs are living rent-free in Corporate America’s heads
We thought this earnings season would be about tariffs more than earnings . But even we wouldn’t have guessed that tariffs would dominate corporate consciousness this much. So far, mentions of “tariff...
The US is cutting tariffs on small parcels from China from 120% to 54%
On Monday, just hours after the US and China released a joint statement announcing a 90-day pause in the ongoing trade war between the nations, a new executive order from the White House declared that...
Honda and Nissan are both expecting a huge tariff blow
and have joined a growing list of Japanese automakers expecting a massive hit from US tariffs. Honda, which is planning to shift production of its next Civic to the US, forecast a $4.4 billion plunge...
Apollo’s top economist slashes 2025 recession odds from 90% to 30% after US-China tariff respite
Torsten Slok, chief economist at private equity giant Apollo Global Management, warned on April 19 of a 90% chance of the US falling into a “Voluntary Trade Reset Recession” this year. Now, with the ...
US stocks surge on trade truce with China
The US and China agreed to substantially dial down tariffs levied on one another for 90 days, a major de-escalation in the most important front of the trade war that’s whipsawed global markets. The S&...
Report: SoftBank $100 billion Stargate investment stalled by tariff chaos
At a splashy announcement of the “Stargate” AI mega data center project at the White House the day after Inauguration Day, CEO Masayoshi Son stood alongside OpenAI CEO Sam Altman and CTO and cofound...
Shein and Temu left out of tariff truce as US keeps crackdown on cheap imports
While broader markets cheer the US-China tariff truce, fast-fashion giants Shein and Temu are still in the hot seat. The de minimis exemption on low-value imports didn’t make the cut in the deal, Axio...
Expensive bets against CoreWeave are getting smashed as shares soar
is behaving like it’s a twice-levered version of a US retailer that sources from China and just got major tariff relief. Shares of the recently IPO’d cloud computing company are going bananas today, u...
Cruise stocks set sail as trade optimism lifts travel names
Cruise stocks rallied Monday, with shares of , , and heading higher after a temporary US-China trade agreement lifted broader market sentiment. The travel industry has been under pressure, but the d...
Bullish analyst on China trade news: “Best case scenario”
Stocks charged out of the gate Monday, with half the early gains for the driven by megacap tech shares like , , and . The catalyst, of course, is the fact that China and the US de-escalated the trade...
Tesla employees confirm demand problems but stock spikes on tariff reprieve
In an open letter asking CEO Elon Musk to resign, Tesla employees said that the company’s switchover to an updated Model Y in the first quarter isn’t the cause of its problems, Electrek reports . Tha...
Shopify surges nearly 12% as trade truce lifts market mood
shares jumped nearly 11% Monday morning, a leader of the broader market rally after a US-China trade truce offered temporary tariff relief. Shopify is also set to join the prestigious Nasdaq 100 start...