Auto tariffs put markets for reverse speed
The American flag is fluttering outside the Honda car salesman in Irvine, California, USA, March 27, 2025.
Mike Blake | Reuters
When US President Donald Trump won the 2024 presidential election last November, the markets were in a relatively lush mood.
Talking about deregulation and tax reduction has triggered consumer feelings, while the relief of inflation has led to the investor to believe that there will be multiple decreasing Fed rates, increasing the stock market.
Now it seems that there has been a big turnaround in expectations. Trump’s tariff announcements and, sometimes, walking back to threats, sent markets on riding roller rides.
This is coming because investors are concerned about the fact that his retaliation tariffs will affect the wider American economy, which already shows some signs of weakness.
AND a spectrum of recession The weavers are big, like Damocles’s sword across the stock market. The question is, will the sword actually reduce the return of the market, and if yes, when?
– Lim Hui Jie
What you need to know today
Dow sees losses backwards
All three main American stock index fell On Thursday, investors separated the latest news associated with Trump tariff, including new tariffs aimed at foreign car manufacturers. AND Dow Jones industrial average dropped 0.37%, doc S & P 500 reduced 0.33% and Nasdaq composite slid 0.53%. Shares of several car manufacturers decreased after Trump announced 25% of tariffs “All cars not made in the United States”, which will take effect on April 2. General Motors withdrew more than 7%while Ford slid almost 4%. In EuropeThe Pane -European Stoxx 600 slipped 0.44%.
Tesla clear winner of automatic tariffs: analysts
A few analysts on Wall Street Look at a clear winner Comes out of the president Donald TrumpNew Automatic Tariff Policy: Tesla. See more analysts so far Elon muskGIGANT Electric vehicles as a relative user with respect to domestic production. Simply put: “Tesla wins, Detroit bleeds,” wrote Bernstein analyst Daniel Roeska on Thursday for clients.
Trump threatens “far larger” tariffs on the EU and Cand
Trump threatened to impose a “far greater” tariff In the European Union (EU) and Canada if they work together to fight trade tariffs. “If the European Union cooperates with Canada to cause the US economic damage to the US, the big tariffs, far greater than planned, will be on both of them to protect the best friend whom each of the two countries ever had!” update Thursday.
Coreweave reduces iPo
Coreweava cloud computing company On Thursday, there are shares prices in the amount of $ 40 in IPO companies, collecting $ 1.5 billion in the largest American technology offer since 2021, CNBC confirmed. A company that allows access to Nvidia Processing units for artificial intelligence and load training, originally planned to sell shares for between $ 47 and $ 55. Earlier the source was also confirmed by CNBC Nvidia The goal is anchored to $ 40 per share with a $ 250 million order, the source states.
Ubisoft creates a new branch that supports Tencent
Video game company Ubisoft He announced on Thursday Creating a new branch to play with a Chinese technological giant Striking Investment 1.16 billion euros ($ 1.25 billion) into a unit. The branch will focus on the most famous Ubisoft brand, including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six, the company states.
[PRO] Purchase of Nvidia is a ‘particularly attractive opportunity’,
The end is in sight to Nvidia ‘The recent coarse patch, which means that now there could be an opportunity to buy for artificial intelligence stocks Darling, according to the Bank of America. The company has a purchase rating on a stake and a target price of $ 200, which implies almost 76% of the rise from Wednesday closure.
And finally …
Jaap Arriens | Nurphoto | Getty Images
Ai Chatgpt AI is “Dissolve” OpenAI’s GPU
OPENAI CEO Sam Altman on Thursday announced that the viral use of a new AI for generation of paintings, presented earlier this week, overloads the company servers.
Although it is “great fun to see how people love” in Chatgpt “, our GPU -O’s melts,” Altman Posted on the website of social media x On Thursday, adding that the company will temporarily limit the use of the feature because it acts more effectively.