Stock Movers Texas Instruments Falls, Newmont Climbs, Wells Fargo Drops on Tariff Uncertainty
Apr 11, 2025
Tensions between the U.S. and China impact Texas Instruments, leading to a notable drop in shares. Meanwhile, Newmont experiences a boost after an analyst upgrade, sparking optimism for gold's future. On the flip side, Wells Fargo faces challenges with disappointing net interest income, as tariff uncertainty clouds the economic landscape. The contrasting fortunes of these companies highlight the intricate dance of geopolitics and market sentiments.
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US-China Tariffs Impact TXN Shares
- Texas Instruments shares dropped due to escalating US-China geopolitical tensions affecting semiconductor tariffs.
- This caused bifurcation in the semiconductor index, with some companies rising and others, like TXN and Intel, falling.
Calculator Nostalgia Amid Trade Tensions
- Emily reminisced about using Texas Instruments calculators during tests.
- Bailey noted the symbolic role of calculators amidst trade war tensions affecting the chip industry.
Gold Rally Supports Newmont Shares
- Newmont shares rose as investors seek gold during uncertain times.
- UBS upgraded the stock due to higher gold price forecasts and expected cash returns.