TRUMP MAY SLAP RECIPROCAL TARIFFS ON AS MANY AS 25 COUNTRIES ON APRIL 2 – BARCLAYS…
Day: March 26, 2025
📰 TRUMP MAY SLAP RECIPROCAL TARIFFS ON AS MANY AS 25 COUNTRIES ON APRIL 2 – BARCLAYS Barclays analysts expect former President Trump to announce reciprocal tariffs next week on 15–25 countries with large trade imbalances with the U.S. Sectors likely affected include autos, pharma, and semiconductors, though details may come later. Trump has hinted at few exceptions and may use emergency economic powers for faster rollout. He stated he’ll be “more lenient than fully reciprocal.” Targets will likely be countries with high tariffs and trade barriers against U.S. goods. Economists warn these tariffs could raise inflation and slow global growth, though recent market fears have eased slightly.
European Broadcasting Boss Delphine Ernotte Cunci On AI, Streamers & The Fight For Independent Media
EXCLUSIVE: Delphine Ernotte Cunci has a unique view of Europe’s TV scene as both the President…
📰 INFLATION MAKES INTEREST RATE CUTS LESS LIKELY THIS YEAR: GOLDMAN SACHS “High inflation and high survey-based inflation expectations raise the bar for possible rate cuts this year, Goldman Sachs economists write. They note that survey data are muddied by respondents’ political leanings, but still can’t be ignored. They add that deteriorating economic indicators could still push the Fed to cut interest rates. They say officials would be reassured if “market-based inflation compensation implies that this year’s inflation bump will not persist beyond 2025.” Moreover, “a weaker economy should generate slightly lower inflation in the years ahead.” Futures markets are split between two or three cuts this year, CME data show”
INFLATION MAKES INTEREST RATE CUTS LESS LIKELY THIS YEAR: GOLDMAN SACHS “High inflation and high survey-based…
📰 MUSK’S X CHALLENGES TURKISH ORDER TO BLOCK ACCOUNTS AT COURT
MUSK’S X CHALLENGES TURKISH ORDER TO BLOCK ACCOUNTS AT COURT
📰 $GME – GAMESTOP SHARES JUMP ON BTC ADDITION, RESULTS 🔸 GameStop shares rose 14% premarket Wednesday. 🔸 Company will add Bitcoin to treasury reserves, approved by board. 🔸 No limit set for Bitcoin purchases using cash, debt, or equity. 🔸 Q4 net income doubled to $131.3 million from $63.1 million. 🔸 Revenue fell to $1.28 billion from $1.79 billion. 🔸 SG&A expenses dropped to $282.5 million from $359.2 million. 🔸 Closed 590 U.S. stores in 2024; more closures planned for 2025. 🔸 Exited Italy, closed stores in Germany. 🔸 Ended quarter with $4.78 billion in cash and securities. 🔸 Full-year sales declined to $3.82 billion from $5.27 billion. 🔸 Annual net income jumped to $131.3 million from $6.7 million in 2023.
$GME – GAMESTOP SHARES JUMP ON BTC ADDITION, RESULTS 🔸 GameStop shares rose 14% premarket Wednesday.…
📰 U.S. EQUITY STRATEGY: BARCLAYS DOWNGRADES INDUSTRIALS SECTOR TO NEGATIVE FROM NEUTRAL
U.S. EQUITY STRATEGY: BARCLAYS DOWNGRADES INDUSTRIALS SECTOR TO NEGATIVE FROM NEUTRAL
📰 GOLDMAN SACHS LOWERED ITS S&P 500 YEAR-END TARGET TO 6,200 FROM 6,500. The cut reflects: 🔸 A reduced 2025 US GDP growth forecast to 1.7% (from 2.4%) due to expected tariff hikes. 🔸 The US effective tariff rate is projected to rise by 10 percentage points to 13%, with a possible 15-point increase in a high-risk scenario. 🔸 Higher tariffs and economic uncertainty have led to a larger equity risk premium. 🔸 Goldman also highlighted options positioning for companies sensitive to trade and tariff changes.
GOLDMAN SACHS LOWERED ITS S&P 500 YEAR-END TARGET TO 6,200 FROM 6,500. The cut reflects: 🔸…
📰 *US PRELIM FEB. DURABLE GOODS ORDERS RISE 0.9% M/M; EST. -1.0% *US PRELIM FEB. DURABLE GOODS EX-TRANS RISE 0.7% M/M; EST. +0.2%
*US PRELIM FEB. DURABLE GOODS ORDERS RISE 0.9% M/M; EST. -1.0% *US PRELIM FEB. DURABLE GOODS…
📰 🚨 BARCLAYS CUTS S&P 500’S 2025 YEAR-END INDEX TARGET TO 5900 FROM 6600
🚨 BARCLAYS CUTS S&P 500’S 2025 YEAR-END INDEX TARGET TO 5900 FROM 6600
Paris Olympic Ceremony Director Thomas Jolly Reflects On The Bad Weather Being The Great Equalizer: “The Rain That Fell On Lady Gaga Also Falls On The Audience” — Series Mania
Thomas Jolly, who masterminded the unique Olympic opening ceremony in Paris, has been reflecting on how…