Markets Gird For Rough Day: Here's What Stocks Are Losing The Most In Tariff Selloff
Stocks nosedived across the board Thursday as Wall Street largely panned the highly aggressive tariffs announced by President Donald Trump, sending major indexes toward what could be their worst daily losses in years, and several prominent names were hit particularly hard by the latest tariff developments.
Read More
Markets Shudder: Here's What Stocks Are Losing The Most In Tariff Selloff
Stocks nosedived across the board Thursday as Wall Street largely panned the highly aggressive tariffs announced by President Donald Trump, sending major indexes toward what could be their worst daily losses in years, and several prominent names were hit particularly hard by the latest tariff developments.
Read More
Amazon to launch first Kuiper satellites next week, taking on Musk's Starlink in satellite broadband
Amazon.com Inc (NASDAQ:AMZN) is set to launch its first batch of satellites for Project Kuiper, its satellite broadband network designed to compete with SpaceX's Starlink and provide high-speed, low-latency internet worldwide. The launch, scheduled for April 9, will deploy 27 satellites aboard a United Launch Alliance (ULA) Atlas V rocket from Cape Canaveral, Florida.
Read More
Apple stock drops as investors weigh tariff impact
Apple Inc (NASDAQ:AAPL, ETR:APC) shares dropped 7.5% in premarket trading on Thursday as investors reacted to concerns over new US tariffs on Chinese imports. Analysts at Jefferies warn of a potential hit to the company's profits if exemptions are not granted.
Read More
XLK: How Tariffs May Impact Apple, Nvidia, Microsoft, Big Tech (Sell Rating)
The XLK ETF has corrected to below 25x forward earnings, making it attractive due to its strong weighting in growth companies like Microsoft and Nvidia. Tariffs and trade wars could negatively impact tech companies, particularly Apple, by increasing costs and reducing margins, affecting their stock performance. Diversification within the ETF, especially in software companies like Microsoft, Salesforce, and Palantir, mitigates some risks associated with hardware production and tariffs.
Read More
