Best Buy slumps after tariffs threaten to upend its return to same-store sales growth
fell 10% in early trading even after sales and earnings topped analysts’ estimates as the company’s recent return to same-store sales growth is being thrown into jeopardy by trade barriers. The retail...
Target tumbles after warning of terrible, tariff-ridden first quarter
shares fell after the retailer topped Q4 expectations but gave a shaky outlook for the first quarter. The retailer posted earnings of $2.41 per share, topping Wall Street’s expected $2.26, with revenu...
GM falls after Trump pledges to follow through on tariffs
General Motors shares took a nosedive starting around 3 p.m. ET when President Donald Trump announced that previously postponed tariffs on Mexico and Canada would go into effect on Tuesday. The stock ...
S&P 500 suffers worst loss of 2025 on tariffs and Nvidia-fueled sell-off
The S&P 500 tumbled 1.8%, its worst loss of 2025, as markets were hit with a vicious one-two punch of the continued plunge in momentum stocks and a real wake-up call on the reality of President Donald...
Stocks crater as the trade war investors doubted would ever happen is here now
A relentless breakdown in momentum stocks plus tariff threats that finally became real are a toxic combination for the US stock market. The S&P 500 suffered its biggest loss of the year on Monday afte...
Nvidia or Trump’s tariffs? Who’s to blame for the S&P 500’s tumble into the red for 2025?
After the close on Wednesday, Nvidia released a set of quarterly results that, while impressive on the surface, failed to wow traders . Ahead of the market open on Thursday, President Donald Trump rec...
Stocks tumble, S&P 500 erases 2025 gains
The S&P 500 and Russell 2000 tumbled 1.6% while the Nasdaq 100 dove 2.8% on Thursday. The benchmark US stock index is now negative in 2025. Stocks faced intense selling pressure after President Trump ...
Stellantis shares are falling after the Jeep maker logged a 70% profit plunge in 2024
Just because it builds some vehicles to go off-road doesn’t mean enjoys a bumpy ride. The fourth-largest global carmaker reported earnings Wednesday, and its full-year 2024 profit came in at $5.8 bil...
TSMC reportedly considering building advanced packaging plant in US amid pressure from Trump
President Trump wants to bring advanced semiconductor production from Taiwan back to America. Now there may be some progress in that desire, thanks to the only $1 trillion Taiwanese publicly traded co...
Coca-Cola hints that it’ll use more plastic bottles because of Trump’s aluminum tariffs
isn’t too worried about President Trump’s new aluminum tariff (ICYMI: 25% on all steel and aluminum imports). It can always just use more plastic. “If aluminum cans become more expensive, we can put m...
Stars align for Alibaba with Tepper’s billion-dollar bet, de minimis exemption intact
Shares of have been on a tear, up more than 6% on Monday and about 30% year to date. A few factors behind today’s rally and the broader ascent: The “de minimis” exemption , which allows cheap importe...
Steel tariffs would be terrible for Tesla’s low-cost car
Another day, another Trump policy that could be bad news for his top benefactor , CEO Elon Musk. The president’s plans for 25% tariffs on aluminum and steel imports would be painful for US automakers...
Steel stocks jump after Trump teases plans for 25% tariffs on steel and aluminum
Speaking to reporters aboard Air Force One on Sunday , President Trump revealed his latest trade tirade — this time, aiming to protect the symbolic US steel industry, with 25% tariffs expected to be i...
Megacap tech slump drags S&P 500 deep into the red
Major indexes extended losses after President Donald Trump said he would be announcing reciprocal tariffs on “everyone” sometime next week. The S&P 500 fell 0.9% while the Nasdaq 100 and Russell 2000 ...
Ford shares are hitting the brakes after weak forecast and a tariff-y year ahead
shares skidded today after it forecast less profitability in the year ahead and said it expects its EV business to lose between $5 billion and $5.5 billion again this year. If the outlook proves true,...
Mattel shares soar as Q4 earnings beat, investors shrug off looming tariff-induced Barbieflation
shares soared nearly 15% on Wednesday after the Hot Wheels and Barbie parent company topped Q4 earnings estimates and gave a better-than-expected profit forecast. Sales rose 2% for the quarter to $1.6...
Diageo punts on sales guidance as potential tariffs loom
British liquor giant Diageo told investors on Tuesday that it can’t give them a sales outlook because of the looming risk of tariffs in North America on some of its most popular products. President Tr...
Stocks rebound from lows, still end down as tariffs dent risk appetite
The S&P 500 and Nasdaq 100 fell 0.8% while the Russell 2000 gave back 1.3% as President Donald Trump agreed to delay the imposition of tariffs on Mexico by one month. Stocks finished well off their lo...
Americans love Mexican booze. Will they get a tariff hangover?
The economies of the United States and Mexico are more intertwined than they’ve ever been. So are their drinking habits. With the threat of tariffs on the table but postponed for now, beer drinkers’ w...
Here’s which US goods are about to get slammed by Canada’s $30 billion tit-for-tat tariffs
Even though President Trump pulled back from slapping tariffs (why are tariffs always “slapped”?) on Mexican imports, unless a last-minute deal is brokered, 25% tariffs are due to hit Canadian imports...