Stocks lose steam after trade tensions reignite
US stocks spent most of the session bouncing back from steep early losses before careening back into the red late in the day after President Donald Trump posted that the he was considering “terminatin...
US airlines take off as oil prices sink amid trade tensions between the US and China
Oil prices are falling on Tuesday as trade tensions between the US and China ripple across markets, with the International Energy Agency warning of a large supply glut that could last into next year. ...
Rare earth stocks are Wall Street’s hottest trade right now, so much so that MP Materials’ stock traded more than JPMorgan yesterday
Rare earth stocks are having a blast at the moment. Small stocks in the critical and rare earth minerals sector — the latest flashpoint of US-China trade relations — have ripped, but the trade went in...
Rare earth stocks soar after JPMorgan announces $10 billion investment plan in sector, continued expectations of US government involvement
Suppliers of the critical materials known as rare earths, at the heart of the latest trade tensions between China and the US, soared early Monday after JPMorgan announced a $10 billion plan to focus o...
Stocks bounce back in the futures market, regaining some of Friday’s lost ground after Trump softens China stance
US equity markets are starting the federal holiday broadly in the green, recapturing some of the losses from Friday, after President Trump signaled some softening in his stance on China just two days ...
Stocks hammered by tariff turmoil
US stocks nosedived after President Trump said in a Truth Social post that he is considering a “massive increase” to tariffs on Chinese imports . For the second day in a row, consumer staples was the ...
Global automakers sink as Trump implies the trade war is heating back up
Shares of several major automakers with large footprints in China sank on Friday following President Trump’s threats to massively increase tariffs on goods from China in response to what he called “ho...
Rare earth stocks spike after Trump says China should not be allowed to hold the world “captive” on rare earths
Shares of rare earth metal producers soared Friday after the president published a Truth Social statement decrying what he describes as Chinese efforts to control the pipeline of the sought-after mine...
US stocks sink after Trump says he’s considering a “massive increase” of tariffs on Chinese imports
More tariffs might be back on the menu. US stocks reversed lower after US President Donald Trump said in a Truth Social post that he is considering a “massive increase” on tariffs of Chinese imports. ...
Levi Strauss tops Q3 estimates but stock unravels as tariffs weigh on margin outlook
fell about 9% Friday morning after the denim giant topped Q3 estimates but warned of margin pressure tied to tariffs. The company posted adjusted earnings per share of $0.34, above Wall Street’s forec...
China steps up customs crackdown on Nvidia chips, launches antitrust investigation into Qualcomm, and plans special port fees on US ships
For months now, China has been getting increasingly defensive over its domestic industries, particularly the all-important AI hardware space. This morning, we got the latest measures from those contin...
After upsetting GOP senators, GM scraps its EV tax credit extension plan
Roughly a week after it was first reported, plan to extend the now expired $7,500 US federal EV tax credit to customers through a leasing program is no more. Last week, Republican Senators Bernie More...
Semiconductor equipment stocks slump after US House committee slams their sales to China and recommends more export curbs
Semiconductor equipment stocks came under pressure Wednesday morning after a House committee “uncovered alarming new information revealing that companies in America and allied nations — including in ...
Can pharma companies put tariff threats behind them?
For the past nine months, pharmaceutical companies have been paralyzed by uncertainty over the threat of US tariffs. It appears that regulatory haze is starting to clear. CEO Albert Bourla stood with ...
Automakers spike on report that Trump administration is considering tariff relief
The Trump administration is considering significant tariff relief for many major automakers, according to reporting by Reuters . “The signal to the car companies around the world is, look, you have fi...
Applied Materials slumps after forecasting $600 million fiscal 2026 revenue hit from export curbs
is down 3% in early trading after the semiconductor machinery maker said revenues could take a $600 million hit in the next fiscal year, on the back of widening chip export restrictions. Per the compa...
Trump admin reportedly backs off on pharma tariffs
The Trump administration will not be imposing tariffs on pharmaceutical companies by the deadline it had initially given them, a White House official told STAT . Last week, President Trump announced o...
Why pharma stocks aren’t getting hit by new tariff threats
President Trump’s tariff threats don’t sting as much as they used to. On Thursday evening, Trump announced on Truth Social that starting on October 1 there will be a 100% tariff on patented, branded p...
Ford and GM reach 52-week highs as EPA seeks to repeal emissions rules
Shares of and are each trading at 52-week highs on Friday, as investors pile into gas-powered US automakers with the looming end of the EV tax credit and the Trump administration’s potential repeal ...
Home goods retailers slide as Trump rolls out new furniture tariffs
Furniture retailers were under pressure in early trading Friday after President Trump announced 50% tariffs on kitchen cabinets and bathroom vanities, and 30% tariffs on upholstered goods. The new imp...