Stocks fell premarket on “Liberation Day,” when President Donald Trump is set to unveil new tariffs on virtually all countries with which the U.S. has a trading relationship. Futures linked to the S&P 500, Nasdaq 100 and the Dow Jones Industrial Average all pointed to a lower open...
Continue ReadingTesla, Inc.'s Q1 deliveries fell 13% YoY, missing estimates by 40K vehicles. Click for my close look at the TSLA sales data and what it means for the stock...
Continue ReadingNews of the day for April 2, 2025...
Continue ReadingBillionaire Bill Gates disclosed during a podcast interview that his children will inherit less than 1% of his total wealth. What Happened: Gates, during a podcast, Figuring Out With Raj Shamani, shed light on his personal beliefs regarding wealth distribution in affluent families. He stated, “In my case, my kids got a great upbringing and education but less than 1% of the total wealth because I decided it wouldn't be a favor to them.” The co-founder of Microsoft Corp. (NASDAQ:MSFT) expressed hi...
Continue ReadingTesla falls ahead of the release of first-quarter deliveries, Nvidia dips after ending a five-session losing streak, and nCino drops sharply after earnings and guidance miss analysts’ estimates...
Continue Reading(Bloomberg) -- US Treasuries added to their recent rally as global trade tensions rose ahead of President Donald Trump’s tariff announcement.Most Read from BloombergWhat Frank Lloyd Wright Learned From the DesertLondon Clears Final Hurdle for More High-Speed Trains to EuropeMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersBank Regulators Fight for Desks as OCC Returns to New York TowerThe 10-year yield fell for a fourth co...
Continue ReadingJust weeks after approaching its all-time high, the Nasdaq Composite is tumbling. Concerns about new tariffs, weakening consumer sentiment, geopolitical tensions, and a stock market that was already trading at lofty valuations have investors playing defense, selling stocks, and wondering how long this pullback will last. The members of the "Magnificent Seven" -- the much-watched group of tech megacaps comprised of Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ: TSLA) -- have almost all fallen even further...
Continue ReadingAmazon (NASDAQ: AMZN), Walmart (NYSE: WMT), and Target (NYSE: TGT) stocks all fell more than 10% last month according to data provided by S&P Global Market Intelligence. The market's been down on tariff talks and moves, and the S&P 500 dropped 5% in March. The market is on edge in preparation for President Donald Trump to release his complete tariff plan and in expectation of what the fallout could be...
Continue ReadingTesla fell short of expectations for Q1 deliveries as backlash against CEO Elon Musk and a changeover in the Model Y weighed...
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