If President Donald Trump’s long-awaited tariff announcement on Wednesday results in a full-blown trade war with China, Goldman Sachs has some ideas of stocks to avoid. Trump is slated to unveil his trade plans , which were a focal point of his election campaign, at 4 p.m. ET. While the full policy is not yet known, Trump said it is intended to be “reciprocal,” and White House press secretary Karoline Leavitt said any levies should be going into effect immediately. Uncertainty around these taxes on trade partners has hampered the stock market. The S & P 500 has fallen more…
Author: usaeverydaylife
After a rough start to the year, President Donald Trump is going to do what he can to get the stock market back on track, according to Fundstrat’s Tom Lee. The S & P 500 has lost about 3.7% so far in 2025 as investors have been rattled over fickle and potentially draconian trade policy and the impact it could have on consumers and companies. Though Trump during his first term had used market performance as a yardstick for progress, he has seemed less preoccupied with Wall Street this time around. That could change with the president making his “liberation…
The AppLovin logo arranged on a laptop in New York, US, on Wednesday, Feb. 26, 2025. Gabby Jones | Bloomberg | Getty ImagesAppLovin is one of the companies in negotiations to potentially acquire TikTok, sources familiar with the situation told CNBC’s David Faber on Wednesday.The Trump administration, which has been trying to shepherd a deal to shift control of the Chinese-owned app to an American company, is “fully aware” of AppLovin’s interest in TikTok, the sources said. Faber said, based on his reporting, that it’s unclear whether any of the U.S. parties interested in TikTok will be able to take control…
Outside the Yuengling Center on the first day of March, the palm trees are still and partly cloudy skies are barely partly cloudy. Inside, the mood matches the moment. The South Florida men’s basketball team is smiling and breezy before what’s to be a light practice. A final home game, and the Senior Day celebration that comes with it, awaits the following afternoon. The season has not been what anyone expected, largely because the person everyone wants to be here isn’t. But this is a morning to stare at the bright side.“It’s a great day! It’s a great day!” hollers…
Heathrow Airport was warned of the threat posed by potential substation failures days before a fire forced the airport’s shutdown last month, the head of an airline advocacy group told British lawmakers on Wednesday.“I’d actually warned Heathrow of concerns that we had with regard to the substations,” Nigel Wicking, the chief executive of the Heathrow Airline Operators’ Committee, which represents dozens of airlines that use the airport, told the parliamentary transport committee.The fire at the Hyde North substation near Heathrow Airport late last month forced Europe’s busiest travel hub to close for nearly a full day, dashing the holiday plans…
A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 29, 2022. Callaghan O’hare | ReutersShares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric rise as a new public company proved to be short-lived.The stock tumbled a whopping 72% in afternoon trading, following a 2,230% surge in Newsmax’s first two days of trading after debuting on the New York Stock Exchange. At one point, the rally gave the company a market capitalization of nearly $30 billion — surpassing the market cap of…
A select few stocks with defensive characteristics should be immune from the market volatility that might result from President Donald Trump’s Wednesday tariff announcement . Uncertainty around the mounting trade war has troubled markets lately, sending stocks lower to begin the year. All three major indexes are now trading below the levels with which they began 2025. Investors have also swapped out high-flying growth names for their more defensive counterparts, favoring sectors such as consumer staples and utilities. Investors will get further details on April 2 when Trump is expected to unveil new tariffs, including the start of reciprocal duties,…
As the market braces for President Donald Trump’ s massive tariff rollout, investors should be cautious of some stocks that have meaningful Canada revenue exposure. On Wednesday ahead of the announcement, stocks ticked higher, with all three major averages in positive territory in what’s already been a volatile week. Those moves come as the market has seen recent declines. In fact, the S & P 500 has closed out five of the past six weeks in the red, as investor uncertainty surrounding Trump’s tariffs and anxiety about the U.S. economy facing a recession plagued stocks. Against this market backdrop, CNBC…
United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon’s Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in Cape Canaveral, Florida, United States.Paul Hennessey | Anadolu Agency | Getty ImagesAmazon has set a date for the long-awaited maiden voyage of its Kuiper internet satellites.The satellites are slated to take off on United Launch Alliance’s Atlas V rocket from Cape Canaveral, Florida, on April 9 at 12 p.m. ET, Amazon said in a blog post. The launch will be livestreamed on ULA’s…
This is my fifth annual NFL mock draft based on all the intel I’ve gathered from speaking to dozens of college coaches and NFL sources during the past two months.My goal with this project is to provide unique insight directly from the eyes of rival coaches who have not only studied and scouted these prospects but game-planned for and then faced each of them — in many cases, more than once. Those sources, granted anonymity to speak freely about the prospects, know exactly what they’re dealing with and what they’ve tried to do against these players in real-game situations.(Note: An…
