Making Hollywood great again will be hard
Another week, another tariff threat — this time, in the name of making Hollywood great again. In a Truth Social post Sunday, President Trump called for a 100% tariff on foreign-made movies, calling th...
Rivian and Lucid, still burning huge piles of cash, now have tariffs to contend with
Running an EV-only company ain’t cheap. Just ask and . Both electric vehicle makers reported earnings after the bell on Tuesday, logging another quarter of heavy losses. Lucid reported a net loss of ...
Pharma imports surged this year as drugmakers grapple with tariff threats
The US imported $20 billion more pharmaceutical products in the first three months of 2025 than it did during the same period last year as drugmakers grapple with the unprecedented threat of import ta...
US stocks slip on fresh tariff talk
US stocks opened well in the red amid fresh tariffs floated by President Donald Trump and a disorderly surge in Asian currencies, particularly Taiwan’s , but spent most of the day clawing back those l...
Ford suspends 2025 guidance, expects a $1.5 billion tariff hit this year
Even automakers that are relatively insulated from tariffs are expecting the levies to come with major costs. on Monday reported adjusted earnings per share of $0.14, beating breakeven estimates. Firs...
A spike in the Taiwanese dollar reveals the hidden risks of what can happen if US trade policy succeeds
Foreign exchange is often the release valve through which global markets react to shifts in the policy environment. That’s been on full display over the past few days with the move in the Taiwanese do...
Netflix, Disney, and other media giants slide as Trump claims he’ll slap 100% tariff on foreign-made films
Shares of , , , and dipped Monday morning after President Trump posted on Truth that he was imposing a 100% tariff on all films produced abroad and imported into the US. The White House framed the mo...
US stocks extend winning streak to nine, erase all losses since reciprocal tariff announcement
Confirmation that China is open to trade talks with the US along with better than expected US job growth in April fueled another day of gains for stocks, with the S&P 500 up 1.5%, the Nasdaq 100 gaini...
Amazon CEO Jassy on tariffs: “It’s hard to tell what’s going to happen”
beat Wall Street estimates for revenue for the first quarter, but tariffs are making the future hazy, and revenue growth is slowing. On last night’s earnings call, Amazon CEO Andy Jassy said: “It’s ha...
Everything Apple said about tariffs
Tariffs were top of mind for analysts and investors, who asked numerous questions about the levies on the company’s earnings call yesterday as they sought to understand just how much the ongoing trad...
Five Below raises its guidance despite 145% China tariffs, sending shares up
Well this doesn’t make much sense: , which imports 60% of its total cost of goods from China, is raising its first-quarter guidance in spite of the 145% tariffs. Investors seem to be buying what the c...
Markets are pricing in a US-China trade détente
US stock futures flipped from negative to positive on Thursday evening thanks not to any reevaluation of megacap tech earnings from conference calls, but rather because China’s Ministry of Finance put...
The end of de minimis could mean the end of cheap clothing imports
As of one minute past midnight today, the de minimis exemption on small packages shipped to the US officially ended. While Corporate America has been obsessing over the effects of President Trump’s ta...
Apple slumps as big iPhone sales that drove earnings and sales beat may be tariff-fueled one-off
beat analysts’ expectations, bringing in adjusted earnings per share of $1.65 (the FactSet consensus estimate was $1.62) and revenue of $95.4 billion (analysts forecast $94.5 billion). Its iPhone reve...
Amazon slides on light Q2 guidance, despite earnings beat
beat earnings expectations for Q1, but the tech giant forecast operating profit for the current quarter that undershot Wall Street’s expectations. Shares fell 3.9% after-hours, as the company forecast...
GM’s expecting an up to $5 billion tariff hit this year, but its CEO says prices should stay “about the same”
shares shed all premarket gains on Thursday morning after the company issued its full-year guidance and tariff cost estimates following a delay . The Chevrolet parent company said it expects its 2025 ...
Meta is spending more on additional AI infrastructure, and tariffs are pushing the costs even higher
needs more AI infrastructure, so its capital expenditures this year will be higher than it previously guessed. In the company’s latest earnings report, which beat analysts’ expectations , Meta said it...
Americans have thoughts about tariffs that don’t make any sense
They’re our tariffs and (mainly) your problem. That’s one of the many different conclusions one could reach about Americans’ views on trade levies from a Deutsche Bank survey of 650 US households and ...
Ford says it’ll extend its employee pricing deal one more month and then probably hike prices
going to eat its tariff hit for one additional month, extending its employee pricing discount through July 4. CEO Jim Farley, who announced the news in an interview on CNN , said the company won’t rul...
Super Micro’s massive sales miss is the latest headache for the volatile AI trade
The “will he/won’t he” of tariffs has understandably become the crucial linchpin upon which stock markets turn as of late. But cracks in the AI momentum trade preceded the top in US stock markets, and...