Tech
2025-04-26T09:00:02Z
Investment bankers at the Jefferies banking conference expressed frustration with the uncertainty Trump's tariffs have caused Wall Street.
Gerber, an early
Tesla investor, told BI previously that it doesn't matter if Musk returns to Tesla, and that a lot of brand damage had already been done.
The stock market has been on a wild ride in April, whipsawing from huge losses to strong gains. Here are five signals the tariff-induced pain may be over.
Tech
2025-04-25T12:55:37Z
Analysts at JPMorgan said it expects Nintendo to sell 18 million Switch 2 consoles on an annual basis.
The S&P 500 index fell as much as 12% from April 2, when Trump announced new tariffs against trade partners. It's just about 3% lower now.
Since 1945, the indicator has only flashed 18 times, with the most recent signal occurring in November 2023.
Trump's softer tone on China tariffs and Fed chair Powell sparked a strong relief rally on Wednesday. Stocks, bonds, and the dollar rose.
The "bear killer" signal in the VIX is rare, flashing during the early pandemic, the 2008 crisis, and the 1987 crash.
The token's website said the top 25 holders of the $Trump coin would be invited to an exclusive reception with the president before the dinner.
While the billionaire Trump voter is a fan of parts of the administration's agenda, he said the trade war had "devolved into a nonsensical place."
"The message from price action can be much more transparent than what you may read about in the financial press or see on television," LPL said.
Investors continued piling into gold after President Donald Trump again criticized Jerome Powell, the chair of the Federal Reserve.
138 stocks within the S&P 500 have positive gains year-to-date, and some of them are up big.
President Donald Trump's 25% auto tariffs aren't helping Tesla's ability to produce a lower-cost vehicle at scale, Wedbush's Dan Ives said.
Adam Turnquist of LPL Financial also says a bottom in stocks is already in, meaning further gains ahead.
Netflix is outperforming the S&P 500 by nearly 20 percentage points as investors continue to view it as a safe play during uncertain times.
American companies are investing more in their future and getting a better return on their investments than overseas peers, Goldman Sachs said.
The senator said an independent Fed is crucial for the US and global economic stability.
Even though Hertz's gains on Wednesday were massive, the car rental company's stock isn't a stranger to such eye-watering jumps.
The stock market is now looking at "significant upside" from current levels, said Fundstrat's Tom Lee.