President Trump threw out what appeared to be a lifeline to tech companies Wednesday by suspending onerous tariffs that had sent their stocks spiraling downward. The uncertainty over trade barriers is still rattling Big Tech and the global economy. Trump’s reprieve pushed Nvidia’s stock above where it was before he imposed tariffs last week, but the trade war with China is escalating, not easing, and huge uncertainty remains...
Continue ReadingAccording to Bloomberg, the vendors received no warning of the cancellations, which occurred after President Trump's "Liberation Day" announcement...
Continue ReadingPresident Donald Trump is raising China’s tariff rate to 125% but also said he is considering excluding imports by some companies...
Continue ReadingWalmart, Apple, Tesla, and Nvidia shares jump after President Donald Trump says he will be delaying tariffs above 10% on some countries for 90 days...
Continue ReadingTesla stock soared on Wednesday after President Donald Trump paused his so-called reciprocal tariffs on countries other than China for 90 days. It’s also a sharp reversal from the past week: Coming into Wednesday trading, Tesla stock had dived 21.5% since Trump had announced widespread tariffs on April 2. Before the tariff news, Tesla shares got a bump from Benchmark analyst Mickey Legg, adding Tesla stock to “Benchmark’s Best Ideas” list...
Continue ReadingStocks wanted one thing from Trump after last week's shocking "Liberation Day" announcement. On Wednesday, they got it...
Continue ReadingU.S. Rep. Marjorie Taylor Greene (R-Ga.) has been buying the sharp pullback in markets spurred by President Donald Trump’s sweeping reciprocal tariff announcement last week. What To Know: Greene on Tuesday disclosed the purchase of several stocks that .....
Continue ReadingTesla shares soared in Wednesday afternoon trading, leading other Magnificent Seven members higher amid a broad relief rally as President Trump announced a 90-day pause on some of the tariffs announced last week...
Continue ReadingA $5 million Idaho business selling the top-ranked swing on Amazon for kids with special needs says his business will be destroyed within months. Other small businesses will follow...
Continue ReadingFew companies have capitalized on a globalized economy better than Apple. Apple’s share price surged more than 15% Wednesday after President Trump announced a 90-day pause on many of the tariffs he put in place last week. Apple’s share price remains 11% down since last week’s shock tariff announcement while most of its megacap tech peers have now fully recovered their losses...
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