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Amazon, Wayfair, Pinterest Win Analyst Backing Due To Tariff Pause, Supply Chain Relief, Discretionary Spend Recovery
Thursday, April 10, 2025 - 2:39pm | 619BofA Securities analyst Justin Post noted Thursday that President Donald Trump announced a 90-day pause on reciprocal tariffs, keeping the 10% baseline in place. Per Trump, the pause comes after 75-plus countries called U.S. officials to negotiate trade agreements, even as he hiked tariffs on...
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Technology Stocks Outperform After Trump's Tariff Pause: Microchip Technology, AMD Lead Sector Higher
Wednesday, April 9, 2025 - 7:15pm | 489Shares of tech companies soared following President Donald Trump's announcement that he will place a 90-day pause on tariffs for countries that have not retaliated against U.S. trade measures. Markets rose on the news, driven higher by tech stocks. The Details: Technology was the top performing...
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Bank Shares Are Up Today: What You Need To Know
Wednesday, April 9, 2025 - 5:24pm | 299Bank shares such as Ameris Bancorp inc. (NYSE:ABCB) and BancFirst Corp (NASDAQ:BANF) are trading higher on Wednesday in response to a surprise announcement from President Donald Trump to temporarily pause certain tariffs. What To Know: The broad-based rally followed Trump's declaration of a 90-day...
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Oil, Gas Stocks Jump After Trump Pauses Tariffs For US Allies, Isolates China
Wednesday, April 9, 2025 - 5:08pm | 306Oil and gas stocks such as APA Corporation (NASDAQ:APA), BP PLC (NYSE:BP) and Exxon Mobil Inc. (NYSE:XOM) are trading higher Wednesday after President Donald Trump announced a 90-day pause on reciprocal tariffs for countries that have not retaliated against U.S. trade measures. What To Know: The...
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Retail Stocks Rally On Tariff Pause: What's Going On?
Wednesday, April 9, 2025 - 4:30pm | 307Retail stocks such as Capri Holdings Limited (NYSE:CPRI) and Ralph Lauren Corp (NYSE:RL) are up Wednesday after President Donald Trump announced a 90-day suspension on reciprocal tariffs for countries that have not retaliated against the U.S., easing trade tensions for import-heavy sectors. What To...
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Apple Shares Drop As Trump's 104% China Tariff Escalation Sparks Market Reversal: What's Going On?
Tuesday, April 8, 2025 - 4:04pm | 497Apple Inc. (NASDAQ:AAPL) shares are trading lower Tuesday as markets turned negative following confirmation from the White House that President Donald Trump's 104% retaliatory tariff on Chinese imports will take effect Wednesday. What To Know: The announcement came from White House Press Secretary...
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What Building Product Companies Are Better Positioned During Tariff Turbulence? BofA Securities Weighs In
Tuesday, April 8, 2025 - 1:57pm | 519BofA Securities analyst Rafe Jadrosich writes that the building product companies may encounter significant headwinds from tariffs, though the full impact remains uncertain. Notably, last week, the Trump administration proposed steep new tariffs on several countries, while maintaining current rates...
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Apple Is A 'Buying Opportunity' Again As Key Valuation Level Flashes Green, Bank Of America Says
Tuesday, April 8, 2025 - 12:06pm | 801After a brutal sell-off that wiped out a fifth of Apple Inc.'s (NASDAQ:AAPL) market value in less than a week, one of Wall Street's most prominent banks believes history is flashing a strong buy signal for the tech titan and historical data suggests they might be right. In a note shared Tuesday,...
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Wall Street Wipes Out $2 Trillion, Apple Eyes Worst Day Since COVID-19 Pandemic, Oil Plummets: What's Driving Markets Thursday?
Thursday, April 3, 2025 - 12:51pm | 1282President Donald Trump's sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash. Wall Street saw a staggering $2 trillion in market cap erased, with the U...
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Trump's Tariffs Could Spark Reshoring Boom For These 4 US Stocks
Tuesday, April 1, 2025 - 5:33pm | 556President Donald Trump's tariff announcements are expected on Wednesday, April 2, which he is calling "Liberation Day." Though details of his plan remain unclear, the president has said the tariffs are intended to strengthen the U.S. economy and bolster American manufacturing. What To Know: Trump...