Day: March 31, 2025
‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs
Fast Money ‘Peak’ uncertainty: Evercore ISI predicts market turning point around Trump tariffs Published Mon, Mar 31 20256:54 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Trump’s tariffs could mean big business for supply chain software startup LightSource
LightSource cofounders: CTO Idan Mintz and CEO Spencer Penn Courtesy: LightSource With President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. LightSource, a San Francisco startup whose software helps companies manage their procurement process, costs and vendor relationships, didn’t know […]
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OpenAI closes $40 billion funding round, largest private tech deal on record
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI on Monday announced it had closed what amounts to the largest private tech funding round on record. The $40 billion financing values […]
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Hyundai warns U.S. dealers of possible price hikes amid 25% tariffs
American flags flutter outside a Hyundai automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | Reuters South Korean automaker Hyundai warned U.S. dealers it is evaluating its pricing strategy in the face of forthcoming 25% tariffs on imported vehicles and parts announced by President Donald Trump. Randy Parker, chief executive officer of Hyundai and […]
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AI chipmaker Cerebras announces CFIUS clearance, a key step toward IPO
Toronto , Canada – 20 June 2024; Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision | Getty Images Artificial intelligence chip developer Cerebras said Monday that it has obtained clearance from a U.S. committee to sell shares to […]
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Tesla plunges 36% in first quarter, worst performance for any period since 2022
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images Tesla’s stock just wrapped up its worst quarter since 2022 and suffered its third-steepest drop in the company’s 15 […]
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How the stock market may react to different tariff scenarios this week
Morgan Stanley strategist Mike Wilson says President Donald Trump’s tariff announcement on April 2 “is likely a stepping stone for further negotiations, as opposed to a clearing event.” Wilson’s baseline scenario for tariffs is as follows: scope for a higher tariff rate on goods from China product-specific tariffs on imports from the European Union potential […]
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Wall Street banks got meager payout from CoreWeave IPO
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They’re not making much money from […]
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Meet the ‘Dirty 15’ countries that could be hit hardest by Trump’s tariffs
U.S. President Donald Trump announces that his administration has reached a deal with elite law firm Skadden, Arps, Slate, Meagher & Flom during a swearing-in ceremony in the Oval Office at the White House on March 28, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump is about to announce his biggest […]
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Don’t overlook the impact of pharma tariffs, says an analyst. Where we stand on Bristol Myers
The drug stock is higher over the past month while the S&P 500 has pulled back sharply. Source
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