Wall Street Breakfast

Stock markets tumble following unexpected global tariff announcements. Experts are puzzled by a baffling tariff formula that raises more questions than answers. As fears of a recession grow, analysts weigh in on the potential for a shocking 20% drop in the S&P. The implications for both the U.S. economy and global trade are dissected, highlighting the tumultuous landscape ahead.

Scott Bessent warns against retaliatory measures to Trump's tariffs, suggesting that such actions could escalate trade conflicts. RH faces economic headwinds, lowering their FY25 sales guidance. Meanwhile, Mitsubishi plans an ambitious $27 billion investment over three years to fuel growth. The podcast also delves into market trends and the challenges various companies are facing amidst these tariff uncertainties.

Tesla faces a tough market as its latest delivery numbers plummet to their lowest since 2022, prompting analysts to call it a 'disaster.' Meanwhile, Charles Schwab receives an upgrade, sparking interest. The surge in ChatGPT usage, termed the 'Ghibli effect,' highlights technological advancements and user engagement. Additionally, market uncertainties loom over potential tariff changes, with analysts offering forecasts for key stocks amidst shifting economic conditions.

Major retailers are pressuring Chinese suppliers to cut prices as fears of tariffs loom. In a significant move, LG Energy secures a deal to buy GM's stake in a Michigan battery joint venture for $2 billion. Meanwhile, Visa and American Express are vying to outmaneuver Apple in the credit card arena, posing a challenge to Mastercard. The environment is tense as big pharma stocks drop ahead of tariff announcements, with analysts warning about Tesla’s potential downturn following disappointing deliveries.

OpenAI has surged to a staggering $300 billion valuation, marking its status as the highest valued unicorn following a major funding round. The manufacturing sector, however, is showing signs of contraction as economic uncertainties loom. Air travel faces a bearish outlook from Jefferies, while stock performance updates reveal shifts amid ongoing tariff challenges. Meanwhile, China's electric vehicle market continues to thrive, leading to strategic investment opportunities.

The new CEO of Intel is pushing for a culture of open and 'brutal' feedback to drive innovation. Meanwhile, Xiaomi struggles with a stock decline following a tragic crash involving their vehicle. SoftBank is eyeing a massive $16.5 billion loan to boost AI investments in the U.S. This move could signal significant shifts in their financial strategy. The podcast also touches on OpenAI's impressive $40 billion funding round, raising its valuation to $300 billion, amid growing market trends.

Goldman Sachs revises its S&P 500 target downward, amplifying concerns over a potential recession. Newsmax makes a splash on its trading debut, energizing investors. Meanwhile, CoreWeave faces challenges post-IPO. There's buzz around Apple's rumored acquisition of NVIDIA servers, raising eyebrows about the tech giant's future in the AI space. An engaging look at market dynamics and potential investment shifts!

Chinese tech stocks face a downturn due to profit-taking and a global selloff. Tensions rise as Musk's SpaceX and Apple clash over satellite internet services. In exciting pharmaceutical news, Eli Lilly's new drug shows promise, dramatically cutting heart disease risk by 94% in trials. Meanwhile, Trump hints at a TikTok deal closure looming before April, and TSMC reinforces its support for Taiwan amidst U.S. expansion efforts.

Markets are on edge with looming tariff announcements that could reshape trade dynamics. Experts weigh in on how these changes may trigger stagflation concerns. In tech news, a startup makes waves by acquiring a popular social networking platform. Meanwhile, slow payroll growth raises eyebrows about the U.S. economy's health. A federal judge's ruling on financial regulations adds to the intrigue, while upcoming earnings reports are on the horizon, keeping investors alert.

Recent tariff news shakes the auto industry, with GM facing stock vulnerabilities. Tesla's delivery data raises questions amid stock volatility. The tech sector shows signs of sluggishness while battling competition in the weight loss drug market. GameStop's venture into Bitcoin stirs investor skepticism about its role as a reserve asset. Meanwhile, the nuances of gold and Bitcoin as inflation hedges are debated, with macroeconomic indicators painting a mixed picture as the market navigates through evolving dynamics.