Trump, stocks and Tariff
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Markets had dismissed tariff risks under the assumption that Trump would follow an earlier pattern and back off, in what became known as the so-called TACO trade. That allowed stocks to reach new record-high territory recently, marking a stunning rebound from the collapse triggered by his “Liberation Day” reciprocal tariffs in April.
Shares of Rocket Lab Corp. ended Monday’s session up 9% amid the ongoing clash between President Donald Trump and SpaceX Chief Executive Elon Musk.
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Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.
These days, Tesla investors would probably like to be thinking about EV sales, robo-taxis, or anything else besides politics.
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Cryptopolitan on MSNDonald Trump Jr. bought 350,000 shares in Thumzup Media Corp. for over $4 millionDonald Trump Jr. has taken a $4.3 million leap into the crypto economy through a struggling social media startup called Thumzup Media Corp, based in Los Angeles, according to Bloomberg. On Wednesday,
Scavino and two other top officials sold Trump Media stock with a combined value of up to $10 million before tariffs news
Tesla stock dropped early Friday in what has been a difficult week for investors. Not only was there another spat between President Donald Trump and CEO Elon Musk, investors need to consider what a battery supplier’s actions mean for any recovery in sales of electric vehicles.
In a wide-ranging interview with NBC News, Trump talked about tariffs, sending Patriot missiles to NATO for Ukraine and how he'll sell his recently passed "big, beautiful bill."