Nvidia isn’t getting much credit for a recovery in its China business
has talked a ton about the importance of accessing the Chinese AI market — especially after effectively getting locked out after export restrictions were enacted in mid-April . That talk seemingly pai...
Boeing benefits from another Trump trade deal with a $36 billion jet order from Korean Air
Another day, another Trump trade deal resulting in a massive jet order in the books for . Amid Monday’s Oval Office meeting between President Trump and South Korean President Lee Jae Myung, Korean Air...
American Eagle tumbles after BofA says Sydney Sweeney boost won’t beat tariffs
shares slid as much as 4% Monday after Bank of America downgraded the stock to “underperform” (sell) from “neutral” and cut its price target to $10 from $11 — or about 22% below Friday’s close. The do...
Wayfair, RH slump as Trump targets furniture for tariffs
Home goods retailers , , and were big premarket losers Monday, following President Trump’s Friday post on Truth Social threatening to impose tariffs on US furniture imports. The White House told Reu...
Trump says US will take a 10% stake in Intel
stock was up more than 5% Friday after President Trump said the US government would take a nearly 10% stake in the ailing chipmaker. Trump said in the Oval Office that the company agreed to give the g...
Micron, TSMC rise amid report that the Trump administration will not pursue equity stakes in exchange for CHIPS Act subsidies
and are rallying following a report from The Wall Street Journal that the Trump administration will not seek equity in these companies in exchange for subsidies received as part of the Biden-era CHIP...
Walmart is still king of Retail America as Target sales continue to slide
It’s been a big week for retail, with the effects of tariffs fully setting in for some of America’s best-known store chains as they report results for the second quarter. On Thursday, shares fell mo...
Boeing is reportedly in talks to sell up to 500 planes to China, months after Airbus was near a similar deal
is reportedly close to a deal with China to sell up to 500 planes, a move that could help end a sales drought stretching back to the beginning of President Trump’s first term. The plane maker’s shares...
If April was “Sell America” month, June was “Buy America” month — and it was 9x the size
Much has been made of the “Sell America” trade, as President Trump’s “Liberation Day” in early April upended notions of what global trade norms should be, sending stocks and the US dollar tumbling. Bu...
Apple is producing all four iPhone 17 models in India
For the first time ever, is producing every model of its new phone — the iPhone 17 — in India from the get-go, Bloomberg reports. It’s part of a yearslong effort to lessen the company’s reliance on C...
Why Nvidia and AMD’s unusual agreement with the Trump administration might survive any legal challenges
There is one glaring issue with the highly unusual arrangement that’s seen and secure export licenses to China for chips that had previously faced restrictions in return for giving the US government...
Investors and CEOs have completely ditched the idea that tariffs will cause a recession
Executives at America’s leading companies, and the Wall Street analysts who hang on their every word, are still talking about tariffs. A ton. But there’s no longer the belief that levies on imports me...
US reportedly placed location trackers in AI chip shipments diverted to China
Reuters is reporting that the US has been using location trackers to trace shipments of AI chips illegally diverted to China.
The first real quarter of tariff impact took a major bite out of automakers’ bottom lines
The first quarter of President Trump’s 25% tariff on the auto industry (and 25% tariff on the auto parts industry) is closed, and it’s been a bumpy road for automakers. Car manufacturers have reported...
Nvidia, AMD reportedly granted export licenses for chip sales to China in exchange for giving US government 15% of revenues
The Financial Times is reporting that and have formally secured permission to export AI chips tailored for China to the world’s second-largest economy. As part of the deal, the companies have agreed...
Under Armour tanks on disappointing outlook, warns that recent tariffs boost its costs by $100 million while crimping demand
There’s no shield protecting this morning. Shares of the athletic apparel company are tumbling Friday morning after the company reported results for its fiscal first quarter of 2026 that were effecti...
Stocks end mixed as investors digest weak 30-year bond auction and new tariffs
Stocks were mixed Thursday, under some pressure after a weak 30-year Treasury auction and fresh trade noise as President Trump announced plans for new chip tariffs, which included exemptions for compa...
Sony lifts forecast as gaming profit doubles, PS5 sales tick up, and tariff fears ease
shares are trading 5% higher today after the company raised its full-year operating profit forecast, thanks to a smaller-than-expected tariff hit and strong performance in its gaming division. The Jap...
BofA raises Apple price target after Trump exempts company from 100% chip tariff
Bank of America Global Research analyst Wamsi Mohan this morning raised the firm’s price target to $250 from $240, after President Trump said yesterday that the company’s investments in US manufactur...
Ives: Apple’s $100 billion investment is a “good strategic poker move for Cook”
The market is pleased with latest $100 billion investment in US manufacturing — a move that sent the stock up 5% yesterday and has it rising again today. So is Wedbush Securities analyst Dan Ives. Fo...