Tuesday, May 6, 2025, 3:20 am
In reaction to President Trump’s latest tariff proposal, market signals are all over the place. A US Treasury chief sees a boost in domestic investment while notable industry players aren’t so optimistic—major studios see their stocks dip and Ford warns of a staggering $1.5 billion hit. The varied responses underscore the unpredictable ripple effects of trade policy changes.
Milken Crowd Signals Support For Trump's Tariffs While Slamming All The Chaos At Monday's Milken Institute Global Conference in Beverly Hills, Bloomberg reported that attendees were "warming up" to President Trump's tariff war, recognizing a growing urgency to reset trade…
Tariff-Frontrunning Sparks Record Trade Deficit In March The US trade deficit widened to a record in March as companies rushed to import products as the Trump administration readied sweeping tariffs. The goods and services trade gap grew 14% from the prior month to $140.5 billion…
Most of the apple juice Americans drink is imported, with a large share coming from China. Experts say families should expect to start paying higher prices for the beloved beverage.
China’s Financial Officials to Hold Briefing Amid Tariff Threat Bloomberg.com
New Delta Airbus Jet Makes Creative Detour To Avoid US Tariffs How it started: Delta says told Airbus won't pay tariffs on new aircraft boom — zerohedge (@zerohedge) April 9, 2025 Nearly a month later, here's how it's going. Airways Magazine and AirNav Radar report that Delta Air…
The iPhone maker is absorbing $900 million in tariff costs this quarter, but the hit to profit margins could still get worse.
Bessent said that the economic agenda aims to encourage companies to invest in the US by building factories.
Stocks for Netflix, Disney, Warner Bros. Discovery, Paramount, and Comcast-owned Universal saw early declines.
Despite Temu and Shein facing Trump's high China tariffs, e-commerce experts say they are still capable of competing with rivals in the U.S.
Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs Reuters
permalink / 10 stories from sources in 4 hours ago #tariffs #stockmarket #business #trump
U.S. authorities are ramping up pressure on Google by insisting that the tech giant divest specific advertising products to revive a competitive market. Following a federal judge’s ruling on monopoly practices, the government argues that shedding these assets is essential, though Google claims the move is both unwarranted and technically unfeasible. More...
OpenAI has struck a $3 billion agreement to acquire coding assistant startup Windsurf, marking its boldest expansion move amid fierce industry competition. The deal is being touted as a game changer, positioning the company to further dominate the AI coding landscape with enhanced capabilities. More...
After persistent external pressure and widespread criticism, OpenAI abruptly reversed its move toward a for-profit structure. The decision has left industry experts amused and somewhat perplexed as the company reaffirms its nonprofit roots while navigating the murky waters of corporate ambitions and market expectations. More...
Palantir has upped its annual guidance amid claims of a “tectonic shift” in AI adoption. CEO Alex Karp’s recent shareholder letter, filled with vivid commentary, reinforces a bullish outlook despite mixed industry sentiment, adding a splash of colorful bravado to the financial update. More...
Databricks is in the advanced stages of negotiating an acquisition for Neon Inc., the startup behind a commercial fork of PostgreSQL. With whispers of a deal potentially topping $1 billion, insiders suggest this bold play could shake up the serverless database landscape—because why settle for small potatoes? More...
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