Despite being far more tariff-resistant, Tesla is falling harder than other carmakers
It’s auto tariffs day , and the one car company that seemingly should be doing well — — is doing worse than pretty much all of its peers. The 25% tariffs on imported vehicles went into effect today, ...
“Numbers are now going to have come down across the tech world”: Dan Ives
Yeesh. Major large-cap tech indexes are down big early, with market bellwethers like and down sharply premarket. Semiconductors may be exempt from the tariffs, but consumer tech isn’t and it’s getti...
Retail stocks clobbered as Trump’s tariffs send shockwaves through supply chains
Retail stocks are taking a beating Thursday, with the SPDR S&P Retail ETF down more than 6% as retailers and traders alike scramble to assess the fallout from President Trump’s latest round of tariffs...
Ford, more tariff-proof than rivals, is discounting most of its vehicles to twist the knife
About 80% of US-sold vehicles are built in the US , giving the automaker more tariff armor than rivals like and . While consumers are bracing for price increases from automakers, Ford’s jumping on i...
SPY and QQQ open sharply in the red as Trump’s new levies could drive US tariff rates to highest in over a century
President Trump’s newly unveiled “reciprocal” tariffs could lift the US tariff rate to levels not seen in more than a century, according to economists. Stock markets sold off around the world, and bot...
Tariffs sink crypto-adjacent stocks
Liberation Day is hitting crypto-adjacent companies pretty hard this morning, as traders abandon risk-on stocks. Less than 24 hours after the Trump administration announced its “reciprocal” tariffs on...
Apple is getting sauced as low-cost operations in Southeast Asia are upended by high tariffs
Companies of all kinds are reeling from President Trump’s new tariffs . in particular is feeling the pain, with its stock down 7.5% premarket. That’s because Apple makes many of its goods in places w...
No economy is safe from Trump’s tariffs, even non-economies
If you had the benefit of numeracy, you would’ve immediately understood the reciprocal tariff board presented by President Trump at the White House yesterday, breaking down the new rules of US interna...
Nike gets stomped as new Vietnam tariffs slam the company’s sneaker-making pipeline
stock took a pounding Thursday, sliding over 11% in premarket trading, after President Donald Trump announced a steep 46% tariff on imports from Vietnam — Nike’s manufacturing backbone. The sneaker gi...
Alibaba and Temu’s parent company are getting slammed by the end of the de minimis exemption
Along with the reciprocal tariffs announced Wednesday, President Donald Trump also signed an executive order ending the de minimis treatment that enabled cheap imported goods from China and Hong Kong ...
Wall Street’s new strategy: Hope that these tariffs aren’t real
The scale of the trade barriers announced by President Donald Trump on Wednesday means that any bull calls you see out of Wall Street today will have one tenet at their core: take Trump’s reciprocal t...
The odds of a 2025 recession soar over 50% on prediction markets after Trump’s “Liberation Day”
Yesterday, President Donald Trump finally unveiled the long-anticipated set of reciprocal tariffs, sparking a sharp decline in global markets this morning, with stocks selling off in Europe, Japan, an...
Tech analyst on tariffs: “Worse than the worst case scenario”
Megacap tech stocks tumbled in the after-hours session following the Trump administration’s announcement of across-the-board tariffs on US trading partners, as well as higher-than-expected trade levie...
Stocks absolutely hate specifics on tariffs
The stock market was doing reasonably well dealing with the idea of tariffs, in theory. But once President Donald Trump revealed specific nation-by-nation reciprocal tariff rates, which include 20% on...
After saying overseas drugmakers would have a “big tax to pay,” Trump spares pharmaceuticals from reciprocal tariffs
After lots of bluster about European countries having the pharmaceutical industry in their grasp, the White House spared pharmaceutical products from its wide-ranging tariff spree — at least for now. ...
Stocks shake off tariff worries with another solid gain
Stocks rallied ahead of President Donald Trump’s tariff announcements. The S&P 500 and Nasdaq 100 rose 0.7%, while the Russell 2000 gained 1.6%. Every S&P 500 sector ETF gained outside of consumer sta...
Shorts get squeezed as market rally ramps up
Short sellers seem to be beating a hasty retreat from stocks they had their sharkish eyes on recently, as the markets rose to respectable gains before the White House announcement on new tariffs, due ...
The Switch 2 is significantly cheaper in Japan than in the US
has finally dropped more details about its hotly anticipated Switch 2 console, set for a June 5 release and a $450 price point in the US. Many were quick to point out that the console is significantly...
Mercedes is considering pulling its lowest-priced cars from US lots over tariffs
Auto analysts expect sticker prices to spike in response to President Trump’s 25% tariffs on imported vehicles (by more than $12,000 in some cases), but price hikes aren’t the only outcome that might...
The big market bet that inflation will jump and the Fed will cut rates anyway
Inflation expectations are going up. Bond yields are going down. Two-year inflation swaps (in which the buyer receives an inflation-linked payout) have jumped more than 25 basis points over the past t...