Market Pulse | Top Stories of the Week
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Hello Reader, Here are our Top Stories of the Week for a snapshot of the most impactful news—from market developments to financial advancements. Let's get into it. Guess? Swings Higher on Mixed Guidance and Revenue Beat Amid Tough Retail ClimatePublished on April 4, 2025 Guess? Inc. (GES) staged a notable recovery in trading Thursday, with shares jumping more than 10% following its Q4 earnings release, even after a shaky start that saw the stock drop over 5% at the open.The fashion retailer posted a 5% revenue increase year-over-year to $932.3 million, beating analysts’ expectations by nearly $26 million. Adjusted earnings per share (EPS) came in at $1.48, China Fires Back with 34% Tariffs: Global Markets Rattle as Trade War EscalatesPublished on April 4, 2025 In a sharp response to President Donald Trump’s sweeping tariff increases, China announced a 34% tariff on all U.S. imports beginning April 10.The move sent Chinese markets tumbling, with the China 33.22 index sliding nearly 2% in a single session. No sector was spared from the sell-off. Technology giants Alibaba (BABA), JD.com (JD), and Baidu (BIDU) joined automakers like Nio (NIO) and XPeng ( TSMC’s High-Stakes Bet: Intel Deal, U.S. Expansion, and the Future of ChipmakingPublished on April 4, 2025 Taiwan Semiconductor Manufacturing Company (TSM) has reportedly reached a tentative agreement with Intel Corp. (INTC) to form a joint venture, positioning itself at the center of a crucial shift in the global semiconductor landscape.Under the reported terms, TSM would take a 20% stake in Intel’s foundry business, providing manufacturing expertise in exchange for equity. The move is part of a Tariffs Compound RH’s Troubles as Luxury Retailer Faces Mounting HeadwindsPublished on April 3, 2025 RH (RH), the California-based luxury home furnishings company formerly known as Restoration Hardware, is reeling after a dramatic 37% plunge in its stock price on Thursday.The price collapse dragged shares to their lowest point in nearly five years. The plunge came on the heels of a disappointing fourth-quarter earnings report and an underwhelming outlook for the year ahead. Hours before the Gold Hits Record Highs Amid Market Turmoil: How to Invest Wisely in 2025Published on April 3, 2025 In the wake of President Donald Trump's recent announcement of sweeping tariffs on April 2, 2025, global markets have experienced significant volatility.These tariffs, including a baseline 10% on imported goods and additional reciprocal tariffs targeting countries such as China (34%), Japan (24%), and the European Union (20%), have heightened fears of a global recession . Consequently, investors Apple Leads Selloff as Trump’s Tariffs Hit Magnificent Seven StocksPublished on April 3, 2025 Apple (AAPL) bore the brunt of the market’s reaction to President Donald Trump’s sweeping tariff announcement, tumbling nearly 10% to $202.52 in early trading on Thursday.The company’s steep losses outpaced declines in the broader tech sector as investors digested the implications of new tariffs, including a 34% levy on Chinese imports, which significantly affects Apple’s supply chain.Apple’s US Imposes Massive Tariffs Under Trump’s Executive Order—What It Means for Global TradePublished on April 3, 2025 President Donald Trump confirmed his long-threatened reciprocal tariffs today, marking the latest move in his effort to shift global trade by levying taxes against goods shipped into the United States.The tariffs, which apply to a wide range of imports, are intended to balance trade deficits and address what the administration sees as unfair trade practices.Market Reactions and Economic ImpactThe Tesla and Rivian: A Tale of Two EV Giants in a Tumultuous MarketPublished on April 3, 2025 Tesla (TSLA) began the day with a sharp 6% drop following its Q1 delivery report, but investors quickly stepped in, reversing the decline and pushing shares up over 4% by the close.The electric vehicle leader reported 336,681 deliveries, marking a 13% year-over-year decline and falling well below Wall Street’s consensus of 378,000. Production also suffered, with 362,615 units manufactured, a 16% Roblox Takes a Bold Leap into Advertising with Google PartnershipPublished on April 2, 2025 Roblox Corporation (RBLX) is rewriting the playbook for in-game advertising. The company’s stock surged over 4% on Tuesday after announcing a major partnership with Google (GOOG), signaling a transformative shift in its business strategy. The collaboration with Google’s Ad Manager will integrate immersive advertising into the Roblox ecosystem, allowing brands and agencies to tap into the Progress Software Surges on Strong Q1 Results and Raised GuidancePublished on April 1, 2025 Progress Software Corporation (PRGS) delivered an impressive first-quarter performance, sending its stock up over 10% following the earnings announcement.The company's revenue surged 28.9% year-over-year to $238 million, surpassing the high end of its own guidance. Adjusted earnings per share (EPS) of $1.31 also exceeded expectations, reinforcing investor confidence in the company’s growth Lucid Motors Surges as Tesla Owners Seek AlternativesPublished on April 1, 2025 Lucid Motors (LCID) is gaining momentum as more former Tesla (TSLA) owners trade in their vehicles for Lucid’s luxury electric models.The California-based EV maker has officially launched its second product, the Gravity SUV, with deliveries set to begin in April. The Gravity is expected to attract a broader range of customers compared to Lucid’s niche Air sedan, which has struggled to achieve Newsmax's Public Debut Sends Shares SkyrocketingPublished on April 1, 2025 Newsmax Inc. (NMAX) made a dramatic entrance into the public markets, with its stock surging 735% on its first day of trading.The conservative cable news network priced its initial public offering (IPO) at $10 per share, raising $75 million. By the end of its debut session, shares had soared to $83.51, with multiple trading halts due to volatility.The IPO success has significantly boosted the AMD Stays Bullish on AI Despite Market TurbulencePublished on March 31, 2025 Advanced Micro Devices (AMD) remains steadfast in its bullish outlook on artificial intelligence (AI) infrastructure, even as concerns mount over slowing demand. CEO Lisa Su reaffirmed her confidence, underscoring the company’s commitment to AI-driven growth."The need for compute continues to be immense," Su said. "We see that throughout all of our customers globally, and we're going to Trump’s Tariff Threats on Russian Oil Shake Global MarketsPublished on March 31, 2025 President Donald Trump issued a sharp warning to Russia, threatening secondary tariffs on countries that continue buying Russian oil.The move aims to pressure President Vladimir Putin into agreeing to a ceasefire in Ukraine. Trump's comments come amid escalating tensions following Putin's remarks questioning the legitimacy of Ukrainian President Volodymyr Zelenskyy.While speaking to the press, xAI Acquires X: Elon Musk’s Bold Move to Integrate AI and Social MediaPublished on March 29, 2025 Elon Musk's artificial intelligence company, xAI, has officially acquired X, the social media platform formerly known as Twitter, in a $33 billion all-stock deal.The announcement, made by Musk on Friday, places a combined valuation of $80 billion for xAI and $33 billion for X, factoring in $12 billion in debt."xAI and X's futures are intertwined," Musk wrote in a post on X. "This combination will That’s going to wrap up this week. Catch you next Friday! Cheers, Your Teaching Team @SharperTrades Also, when you’re ready, here are five ways we can help you: 1. Get on top of swing trading with real-time alerts on any device here. 2. Get on top of option trading with real-time alerts on any device here. 3. 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