Booths of big Chinese, German and Japanese automakers were bustling at Shanghai’s auto show this week as the industry kept its focus on a wider global market not subject to steep U.S. tariffs on imports of cars and auto parts. Signs are that U.S. President Donald Trump’s 25% tariffs on auto imports is causing companies to recalibrate their strategies, and in some cases find new opportunities.
Investors have made it clear this year they don't like some of what Donald Trump and Elon Musk are doing. Both have pivoted amid extreme volatility.
US stock futures held steady after Google parent Alphabet reported strong earnings results, and Wall Street saw its third day of gains on renewed hope of trade deals.
New CEO Lip-Bu Tan gave a broad outline of how he plans to revive the ailing chipmaking giant.
Advertising held up in the first quarter, but Google executives gingerly danced around their Q2 expectations.
Since 1945, the indicator has only flashed 18 times, with the most recent signal occurring in November 2023.
Foreign investors have continued to buy into US stock ETFs since the market peaked in February, bucking the narrative of a "sell America" investing trend.
Alphabet, Google's parent company, reported Q1 earnings Thursday. Results majorly beat analyst expectations, sending the stock soaring after hours.
Analysts say the risk of a U.S. recession has increased this year, but investors are holding out hope America can weather the storm of President Trump’s tariffs.
TRADING DAY Making sense of the forces driving global markets. By Alden Bentley, Americas Finance and Markets Breaking News Editor. Jamie is away so I'll provide a round-up of today's main market moves below.