The U.S. tech sector just walked into a geopolitical buzzsaw, and NVIDIA Corp NVDA may be the first big casualty. As trade tensions ratchet up and tariff policy gets more unpredictable, AI leaders such as Nvidia are getting boxed out of China just as competitors like Huawei prepare to strike. Wedbush Securities analyst Dan Ives…
A new report highlights the growth of several automotive brands, as Tesla Inc. TSLA saw its market share decline in the U.S. electric vehicle sector in the first quarter. What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the leading electric vehicle company in…
Despite growing concerns about renewed trade tensions between Washington and Beijing, one analyst says the drama may be more performative than policy-driven. What Happened: Marko Papic, chief strategist at BCA Research, downplayed the long-term impact of escalating U.S.-China tariff rhetoric, suggesting that the latest threats may be largely symbolic and unlikely to result in sustained…
The stock market rally on Monday was reportedly driven by investor optimism for a new approach to tariffs, according to CNBC’s Jim Cramer. What Happened: Cramer attributed the market rebound to the potential for a more transparent future in global trade. He suggested that the crucial element was the prospect of a plan that would…
Tom Lee believes the current market environment bears similarities to 2018, when tariffs rattled stocks — yet he argues key differences today could actually support a stronger recovery, CNBC reports. What To Know: Lee, head of research at Fundstrat Global Advisors, suggests that a mix of monetary policy and the possibility of tariff resolutions provides…
The S&P 500 and Nasdaq both slipped into the red, reversing early gains on Thursday, while the Dow Jones remained in positive territory in midday trading. NVIDIA Corp. NVDA led the tech sector lower after the company posted its smallest revenue beat in years on Wednesday. Wall Street digested a slew of new economic data…
China is looking to target U.S. tech companies in order to gain leverage in trade negotiations with U.S. President Donald Trump. What To Know: According to the Wall Street Journal, Chinese officials are building a list of U.S. tech companies that can be probed over antitrust concerns, including Nvidia Corp NVDA and Alphabet Inc GOOG….
In a shortened trading week for the Thanksgiving holiday, President-elect Donald Trump sent shockwaves through the markets by announcing plans to impose a 25% tariff on all imports from Mexico and Canada alongside a 10% hike on Chinese goods. These measures, he indicated, aim to pressure these countries to address drug trafficking and illegal immigration….