US stocks fell Wednesday as Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs are unprecedented in modern history, with effects that “remain highly uncertain.”
The Dow tumbled 700 points, or 1.73%. The broader S&P 500 fell 2.24%.
» Read more about: Stocks slide as Powell warns of impact of tariffs on the economy »
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2025-04-15T15:53:12Z
Tesla (TSLA) has been grinding up against a policy wall. The electric vehicle giant’s momentum has been steadily chipped away by President Donald Trump’s steep new tariffs, with the latest round hitting just as Tesla was trying to regain its footing. Now investors are left rethinking whether Tesla is still a buy despite the growing trade blowback.
» Read more about: Trump Tariffs Test Tesla’s Edge – Is TSLA Stock Still a Buy? »
Tesla registrations in California fell over 15% during the first quarter.
» Read more about: Tesla sales slump in California even as car buying surges ahead of tariffs »
We recently published a list of Jim Cramer Warns of a 36% Market Drop & Reviews These 9 Key Stocks. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other stocks Jim Cramer discusses.
In his appearance on CNBC’s Squawk on the Street on Monday,
Tech giant Apple (AAPL) has chosen Samsung Display (SSNLF) as the exclusive supplier of OLED screens in its first foldable iPhone, according to Business Korea. The phone is expected to be launched in the second half of next year and is a big shift from Apple’s usual practice of using multiple suppliers to lower costs.
» Read more about: Apple (AAPL) to Use Samsung’s OLED Screens in Its First Foldable iPhone »
Nvidia (NVDA) stock sank as much as 10% Wednesday after the AI chipmaker disclosed that it would take a $5.5 billion hit from the US government’s surprise new controls on its semiconductor exports to China.
Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it would require a special license for exports of its H20 chips made specifically for the Chinese market to comply with US trade rules.
Wall Street economists are tweaking their GDP growth estimates as new data trickles in, with Trump’s tariff whipsaw still firmly in the background.
The Atlanta Fed’s GDPNow tool, which uses already released data to forecast the quarterly pace of economic growth, now projects that GDP fell by 2.2% in the first three months of the year,
Nvidia (NVDA -7.03%) shares fell more than 7% on Wednesday morning, after the company disclosed new export restrictions on its artificial intelligence (AI) chips. Specifically, the company must now obtain licenses from the U.S. government to sell its H20 processors in China.
» Read more about: Nvidia Stock Crashed on Bad News From Washington. Should Investors Buy the Dip? »
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2025-04-16T19:38:50Z
» Read more about: Stocks tank on a double whammy of tariff warnings from the Fed and Nvidia »
