ThredUp could benefit from tariff-challenged competitors, but profitability still seems a way off
You’d have been hard pressed to find many clothing company execs celebrating a single one of President Trump’s new trade policies last week — but that’s exactly what ThredUp CEO James Reinhart did. ...
Stocks tumble as White House says report on 90-day pause to tariffs is “fake news”
Stocks ripped higher, with the S&P 500, Nasdaq 100, and Russell 2000 briefly erasing massive losses to break into positive territory, before turning negative. The catalyst? The idea that President Tru...
Cuts to S&P 500 earnings “should mimic a recession,” says JPMorgan
analysts cut their full-year earnings estimate for the S&P 500 by about 7% from $270 per share to $250, warning that the severity of President Trump’s tariffs announced at the White House last Wednesd...
Price check: What the US imports pretty much entirely from China
The US imports a lot of goods from China — $438.9 billion in 2024 , far more than the $143.5 billion worth of goods that China imports from us. There are so many different kinds of things we import f...
JPMorgan CEO Jamie Dimon’s U-turn on tariffs: from “get over it” to “one large additional straw on the camel’s back”
In his massive 57-page letter to shareholders , JPMorgan CEO Jamie Dimon is singing a different tune on tariffs from less than three months ago. Speaking in Davos at the World Economic Forum in Januar...
Ives: Tariffs are a “double whammy” for Tesla in the US and China
President Trump’s tariffs will hurt in America, since the electric vehicle maker sources components for its vehicles produced here from Canada and Mexico, according to a note Sunday from Wedbush analy...
Tariffs have us heading for a “do nothing” economy
The reciprocal tariffs that turned financial markets upside down haven’t even gone into effect yet. Even so, there’s an emergent theme in what kind of reactions we’re seeing — and realistically, would...
Wedbush slashes Apple price target, says “tariff economic Armageddon” hurts it more than any tech company
Wedbush analyst Dan Ives cut his price target on by 23%, saying that no US tech company is going to be hit as hard as the iPhone giant by reciprocal tariffs slated to go into effect on Wednesday . Fr...
Shares of Nike, Lululemon, other retailers rebound as Vietnam signals tariff truce with the US
Apparel stocks staged a comeback Friday after President Trump said Vietnam is ready to scrap tariffs to avoid sweeping new US levies. “I had a very productive call,” Trump posted on social media, addi...
Stellantis and Hyundai join Ford in making tariff-led price adjustments
Jeep and Chrysler maker is joining its Detroit rival in offering employee pricing on most of its new vehicles, according to reporting by Bloomberg . At the same time, said it’ll freeze its prices u...
Apple follows Nvidia and Microsoft to sub-$3 trillion valuation during downturn
We used to not have $3 trillion companies . Now, thanks in part to President Trump’s tariffs roiling the markets , we don’t again. Since Trump took office in January, , , and have all shrunk from the...
Oil prices hit multiyear low as supply surge and demand fears slam energy stocks
Oil prices tumbled nearly 8% on Friday, touching their lowest level since 2021, as escalating trade war tensions stoked recession fears and sent investors scrambling. Brent crude, the global benchmark...
Tariffs have knocked Boeing’s stock price lower than it was when 737 doors were flying off mid-flight
After months of self-inflicted damage to its reputation and revenue, is being reminded that outside factors play a role in stock price, too. Shares of America’s beleaguered plane maker fell to as low...
Meta, Amazon, and lots of tech firms will be indirectly harmed by tariffs, too
Tariffs are terrible for companies that sell physical products. They’re also bad news for the companies that make money advertising those products — even if digital services aren’t subject to tariffs....
Berkshire Hathaway rushes to deny false claims that Warren Buffett endorsed Trump’s trade policies
A video posted by X user @AmericaPapaBear has been viewed 2 million times and shared by President Donald Trump on his Truth Social account. The clip includes a doozy of headline — “Trump is Purposely ...
BNPL giant Klarna puts IPO on ice as tariff jitters and market sell-off steal the spotlight
Klarna’s hitting pause on its IPO as sweeping tariffs rattle global markets. The Swedish fintech giant, which filed to list on the NYSE earlier this year, was set to kick off its investor roadshow on ...
What can stop the stock market bleeding?
These days, we’re all staring at a $9 trillion hole in the S&P 500’s market value , destroyed by the downturn in momentum stocks and announcement of reciprocal tariffs. As you stare, you might be wond...
Bitcoin miners feel tariff sting
Bitcoin mining companies are feeling the tariff sting again today. , , , and all sank double digits in early trading Friday, though they’ve since recovered some of those losses. “The mining industry...
Intel dives on China risk, downbeat analyst view on TSMC deal
Shares of struggling US semiconductor icon tumbled sharply on Friday, a day after a headline-driven surge made it one of the only bright spots in the tariff-battered US markets. On Friday, Intel succ...
Globalization is over — at least the version we knew
In a week when trade tensions are climbing, tariffs are grabbing headlines, and stock markets are sinking, it’s hard to zoom out and look at the bigger picture. But it’s worth revisiting the idea of g...