Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

Key Points

“We’ll probably go down to new lows, even when Trump dials back China to 50%,” Jones told CNBC’s “Squawk Box.”
The widely followed investor’s bearish comments came after Trump’s rollout of the highest levies on imports in generations shocked the world last month, triggering extreme volatility on Wall Street.

Source

Finance

Stocks making the biggest moves premarket: Disney, Super Micro, Novo Nordisk, Uber and more

May 7, 2025

Check out the companies making headlines in premarket trading. Disney — Shares of the media and entertainment company advanced more than 7% after surpassing Wall Street’s second-quarter estimates. Disney reported adjusted earnings per share of $1.45 on revenue of $23.62 billion, while analysts polled by LSEG were looking for $1.20 per share and $23.14 billion, […]

Finance

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

May 7, 2025

Key Points Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they’re far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule […]

Finance

Stocks making the biggest moves after hours: Super Micro Computer, Wynn Resorts, Electronic Arts and more

May 6, 2025

Check out the companies making headlines in after-hour trading. Arista Networks — Shares of the cloud computing stock slid 7%. First-quarter revenue narrowly beat LSEG consensus estimates, coming in at $2.00 billion, versus the $1.97 billion the Street expected. Adjusted earnings also beat estimates, landing at 65 cents a share, compared to the 59 cents […]