📉 Tesla tumbled 14.3% after CEO Elon Musk publicly clashed with Trump over a bill that threatens EV tax credits.
💲Treasuries rallied today in light of weaker-than-expected economic data, prompting debt investors to expect two rate cuts from the Fed.
📈 Markets were all green yesterday, thanks in part to Nvidia, which has regained its position as the most valuable company.
🛠️Manufacturing activity in the U.S fell for the third month in a row as economic indicators seem to be pointing towards the contraction of the American economy.
🛠️Trump’s tariff double-down reshapes global steel—50% tariffs, a $14B Nippon Steel deal, and a golden share of controversy land America back in the trade war spotlight.
🚘Elon Musk steps away from Washington and promises to refocus on Tesla after political blowback and sliding earnings.
🌎Nvidia reported positive earnings after market close, meeting analyst estimates, but what does this mean for the future of AI infrastructure?
📈 After a short-lived bearish fake-out last week, stocks are back to their winning ways.
📈 U.S. Steel rockets over 21% as Trump blesses $14B Nippon deal and job boom.
🚗 Japan’s export machine stalls as U.S. tariffs hammer auto shipments—Tokyo calls it a “national crisis.”
💵 The Dollar drops to a one-month low in lieu of growing credit concerns of debt investors and the cautious stance of the Fed.
😎 The market took a bit of a breather after six straight days of taking straight W’s.