Stock Movers

Major companies are feeling the heat from new tariffs. Apple faces its worst stock drop in five years, caught in the trade war crossfire. Nike suffers too, with hefty tariffs on goods from Vietnam and other Southeast Asian countries impacting its margins. Meanwhile, Stellantis grapples with halted production and layoffs, as it navigates the turbulent supply chain landscape. To combat declining sales, Stellantis is rolling out employee discounts on popular models, aiming to entice consumers during this challenging period.

Apple suffered a staggering $300 billion loss, marking one of the biggest market cap drops in history due to new tariffs. Nike's stock continues to slide as tariffs target their shifted manufacturing in Asia. Meanwhile, Wayfair faces a downgrade after analysts warn about tariff exposure, suggesting eBay is in a better position. Additionally, Stellantis sees affected jobs due to tariffs, further highlighting the economic ripple effects of trade policy.

China's new 34% tariffs on U.S. imports hit Alibaba hard, dragging its shares down. Apple also felt the sting as it lost over $300 billion in market cap, marking a record drop, driven by supply chain shifts away from China. Meanwhile, Stellantis faced stock declines after U.S. tariffs idled 6,000 Canadian workers, alongside layoffs predicted in the U.S. Additionally, Nordstrom's outlook dims with a downgrade from Citi, casting doubt on a potential takeover deal. Trade tensions are clearly shaking the market!

European banks are crashing, marking their worst performance in nearly six months, with major players like Deutsche Bank taking significant hits. Meanwhile, KKR pulls out of a potential buyout for Gerresheimer, leaving future deals uncertain. In a surprising twist, Danone shares soar after analysts suggest they’re undervalued compared to Nestlé. The updates paint a picture of turbulence and opportunity in the ever-evolving market landscape.

European pharmaceutical stocks are bracing for potential tariffs suggested by President Trump, sparking concerns about a market shake-up. Meanwhile, the European banking sector sees a significant drop, with fears of economic downturn looming. In a surprising twist, BP's chairman resigns amid intense pressure from activist investors, signaling a shift away from the net-zero strategy. Keep an eye on these developments, as they could reshape the financial landscape!

On this episode of Stock Movers:- Apple (APPL) shares fell as the iPhone maker is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a years long effort to insulate the iPhone maker from trade wars and supply chain disruptions. A long list of levies unveiled by the White House are poised to hit the company especially hard, triggering its worst stock rout in five years. The new tariffs will reach 34% for China. That would bring the total rate on Chinese goods to 54%, threatening to roil an Apple supply chain that still has the Asian country at its heart.- Phillip Morris (PM) stock hit a record high as investors look for places to hide after President Donald Trump’s new wave of tariffs sent global markets lower.- RH (RH) shares tumbled on Thursday after the luxury home furnishing company’s annual revenue growth forecast trailed Wall Street expectations. Its fourth-quarter sales and profit also missed the average estimates. Analysts note that new round of tariffs add “significantly more uncertainty,” with BofA and Citi downgrading the stock.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (AAPL) shares are down as the iPhone maker is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs, even after a years long effort to insulate the iPhone maker from trade wars and supply chain disruptions. A long list of levies unveiled by the White House are poised to hit the company especially hard, triggering a stock rout. The new reciprocal tariffs — a tax on imported goods in response to existing tariffs — will reach 34% for China. That would bring the total rate on Chinese goods to 54%, threatening to roil an Apple supply chain that still has the Asian country at its heart.- RH (RH) shares tumbled on a record decline, after the luxury home furnishing company’s annual revenue growth forecast trailed Wall Street expectations. Its fourth-quarter sales and profit also missed the average estimates. Analysts note that new round of tariffs add “significantly more uncertainty,” with BofA and Citi downgrading the stock.- Lamb Weston Holdings (LW) rose after the french-fry supplier posted fiscal 3Q results that topped estimates and as management hired a consulting firm to look for cost savings.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (AAPL) stock is slumping after investors learned President Trump's tariffs will hit the company's supply chain and manufacturing centers in China, India, Vietnam, Malaysia, Thailand, and Ireland. The new tariffs will likely squeeze Apple's margins and may lead to price hikes, which could be challenging given shaky consumer sentiment.- Nvidia (NVDA) is down with the chipmakers in response to President Trump's tariffs, and is also lower after HSBC downgraded Nvidia from Buy to Hold.- Tesla (TSLA) shares are down following the tariff announcement, following the stocks of chipmakers.. Electric vehicles require a lot of chips for production, the supply chain of which could be upended by tariffs. The leading U.S. maker of electric vehicles closed up 5.3% on Wednesday following a Politico report that said Tesla CEO Elon Musk plans to step away from his government role in the coming weeks.- Eli Lilly (LLY) is sinking along with the other pharmaceuticals as sectoral tariffs are expected to be announced as well.See omnystudio.com/listener for privacy information.

-Apple shares (AAPL) fall. Apple is being heavily impacted by President Trump's new tariffs, which will affect its supply chain and manufacturing centers in China, India, Vietnam, Malaysia, Thailand, and Ireland. The new reciprocal tariffs — a tax on imported goods in response to existing tariffs — will reach 34% for China. -Nike (NKE) shares drop. The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production hubs. Nike Inc. and Adidas AG made big bets on Vietnam over the last decade. Today, about half of all Nike shoes and 39% of Adidas shoes are made in the country. - General Motors (GM) shares fall after President Donald Trump’s 25% tariff on US auto imports took effect on Thursday in a move expected to dramatically increase costs and upend industry supply chains.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (AAPL) stock is slumping after investors learned President Trump's tariffs will hit the company's supply chain and manufacturing centers in China, India, Vietnam, Malaysia, Thailand, and Ireland. The new tariffs will likely squeeze Apple's margins and may lead to price hikes, which could be challenging given shaky consumer sentiment.- Nvidia (NVDA) is down with the chipmakers in response to President Trump's tariffs, and is also lower after HSBC downgraded Nvidia from Buy to Hold.- Tesla (TSLA) shares are down following the tariff announcement, following the stocks of chipmakers.. Electric vehicles require a lot of chips for production, the supply chain of which could be upended by tariffs. The leading U.S. maker of electric vehicles closed up 5.3% on Wednesday following a Politico report that said Tesla CEO Elon Musk plans to step away from his government role in the coming weeks.- Eli Lilly (LLY) is sinking along with the other pharmaceuticals as sectoral tariffs are expected to be announced as well.See omnystudio.com/listener for privacy information.