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Elizabeth Warren Says Congress Has 'Power To Pull Our Economy Back' From The Brink As Don Bacon Moves To Limit Trump's Tariff Power: 'Need A Handful Of Republicans Not To Bend A Knee'
Tuesday, April 8, 2025 - 9:10pm | 603Elizabeth Warren urged Congress to take decisive action to avert an economic downturn. Taking to X on Tuesday, she emphasized the need for bipartisan cooperation to stabilize the economy. What Happened: Warren highlighted the lingering effects of the 2008 financial crisis on families and...
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As Trump Tariffs Spark Panic, Investors Rush Into These 5 'Recession-Proof' ETFs
Tuesday, April 8, 2025 - 2:57pm | 769Wall Street’s worst sell-off since the 2020 pandemic has sent several major indices into correction or bear territory, prompting a flight to safety. ETFs that provide exposure to consumer staples, utilities, and healthcare—sectors that have historically been considered defensive during...
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Micron Stock's Bearish Spiral Deepens With Tariff Surcharge On Top Of 22% Plunge
Tuesday, April 8, 2025 - 9:10am | 572Micron Technology Inc. (NASDAQ:MU) is having a brutal April – and not just on the charts. The chipmaker's stock has tanked over 22% in the past five trading days. As investors hoped for a reprieve, Reuters dropped a fresh blow: Micron is slapping a tariff-related surcharge on some of its...
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Trump's Tariffs Are 'Impacting Main Street,' Not Just Wall Street: BlackRock CEO Larry Fink Says
Monday, April 7, 2025 - 6:40pm | 710The S&P 500 fell 0.7% and the Dow Jones dropped 342 points in Monday's volatile session marked by record intraday swings. Chamath Palihapitiya said the impact of Trump's tariffs is confined to Wall Street's wealthy investors while sparing Main Street Americans, but BlackRock Inc. (NYSE:BLK) CEO...
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CEOs, Wall Street Titans Brace For Sustained Market Downturn: 'There's Too Much Confidence In The System'
Monday, April 7, 2025 - 6:33pm | 419President Donald Trump‘s reciprocal tariff announcement on April 2 shook financial markets as Wall Street and corporations braced for supply chain disruptions worldwide. Even as the market closes roughly even on Monday, some believe the worst is yet to come. Larry Fink’s Thoughts: Larry...
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Trump Tariffs To Hurt Nike, Under Armour, VF: Are Ralph Lauren, Foot Locker Safer Bets?
Monday, April 7, 2025 - 2:54pm | 465Brands that rely on the Asia-Pacific region to produce apparel goods are likely trying to find ways to mitigate the impact of President Donald Trump‘s reciprocal tariff plan, The average pre-mitigation headwinds to gross margin and EPS are 670bps and 65%, respectively. On the worse end of the...
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PROS, Global-E, SPS Commerce Stand Out As Tariffs Reshape Software Spending Priorities: Analyst
Monday, April 7, 2025 - 2:39pm | 696Needham analyst Scott Berg is taking a look at the software sector following the Trump administration’s reciprocal tariffs announcement on all imported products. Much of the companies Berg covers have traded 25% lower or more over the last month. Companies are beginning to tighten their...
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Nvidia, Apple Top 'Names To Own': Cybersecurity Stocks To Outperform, Tech Analyst Dan Ives Says
Monday, April 7, 2025 - 12:20pm | 452Wedbush tech analyst Dan Ives on Monday shared his thoughts on where investors may find safe havens with the tech industry as the market volatility continues under the uncertainty of Trump's tariff policies. What To Know: In a note to investors released Monday, Ives gave more insight into his...
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Apple Stock's Death Cross: Is The iPhone Maker Heading For A Rotten Summer?
Monday, April 7, 2025 - 9:14am | 604Apple Inc. (NASDAQ:AAPL) just bit into a Death Cross, and Wall Street is reaching for the antacids. The Cupertino, California-based company’s stock has plunged 22.75% year to date. At $183.59, it is well below every major moving average and the technical picture looks grim. Chart created...
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Bill Ackman Warns Against Launching 'Economic Nuclear War,' Wants A 90-Day Time Out On Trump Tariffs
Sunday, April 6, 2025 - 8:32pm | 749Bill Ackman, a prominent investor, expressed concerns over the U.S. tariff policies in a social media post on Sunday. Ackman highlighted the potential economic repercussions of escalating tariffs under President Donald Trump. What Happened: He said on X that while the nation supports the...
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Tariffs To Impact End Demand: Goldman Sachs Analyst Expects Drag On Corporate Spending, Hiring
Friday, April 4, 2025 - 4:01pm | 772President Donald Trump‘s reciprocal tariffs on April 2 (weighted average tariff of 18.2%, inclusive of a 10% baseline tariff and varying levels by individual country) have the potential to impact end demand trends and economic activity (both enterprise and consumer spending) for the remainder...
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Sit Out Market Drama With These 3 Dividend Funds
Friday, April 4, 2025 - 3:52pm | 1347The new trade war precipitated by President Donald Trump‘s tariffs has turned investors against companies heavily involved in the import-export market. Instead, companies with stable revenue, low valuations and little exposure to trade are rising. Especially ones that offer nice dividends. Today,...
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Wall Street Massacre Rages On, Chipmakers Eye Worst Week Since Dot-Com Burst, Bonds Rally: What's Driving Markets Friday?
Friday, April 4, 2025 - 1:37pm | 1112Wall Street's sell-off shows no signs of easing into the week's close, in what's shaping up to be the worst week for U.S. equities since March 2020. The market's bleeding is now visible across the board: the Dow Jones has slipped into correction territory, while the tech-heavy Nasdaq 100 has...
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Where Is The S&P 500 Headed After Trump Tariffs Provoke Dramatic Plunge?
Friday, April 4, 2025 - 1:28pm | 1015On Wednesday after market close, President Trump announced a broad suite of import tax hikes, ranging from 10% to over 50%. The markets did not like what they saw. Not only because the White House put tariffs on a group of islands inhabited only by penguins but also because the tax math seemed very...
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JPMorgan Raises Recession Risk To 60% As 'Largest US Tax Hike' In 60 Years Hits Global Economy
Friday, April 4, 2025 - 9:00am | 465Wall Street just got a wake-up call. According to JPMorgan analyst Maia G. Crook, the probability of a U.S. recession has surged to 60%, up from 40% last month, thanks to the latest round of tariff hikes. The "largest U.S. tax hike in nearly 60 years" is expected to hit household and business...