TRUMP’S TARIFF PLANS NEAR FINALIZATION 🔸 Trump is set to unveil new tariffs Wednesday but is…
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📰 TRUMP’S TARIFF PLANS NEAR FINALIZATION 🔸 Trump is set to unveil new tariffs Wednesday but is still finalizing details. Options include a tiered system (10%-20%) or a flat 20% global tariff. The White House remains silent, though Trump claims he has “settled” on an approach. 🔸 Uncertainty remains over tariffs on China, Canada, and Mexico. Trump aims to raise $700B annually from tariffs, but concerns grow over economic risks, inflation, and potential recession.
📰 MARKET UPDATE CONSUMER 🔸 $SPWH Q4 adj. EPS $0.04 (est. -$0.06) on revs $340.4M (est. $329.6M), comps -0.5%. Expects positive comps in 2025; sees FY net sales -1% to +3.5% (est. +0.4%). 🔸 $TSLA sold 78,828 China-made EVs in March (-11.5% YoY); Model 3/Y deliveries +156.9% MoM. ENERGY, INDUSTRIALS & MATERIALS 🔸 Oil dips amid tariff, sanction concerns; OPEC+ supply and mixed policies add downside risks. 🔸 $BHP considers spinning off Australian iron ore & coal units. 🔸 $ED files debt securities shelf. 🔸 $SMG upgraded to Buy at Truist. FINANCIALS 🔸 $OZK raises dividend 2.38% to $0.43/share. 🔸 $SCHW upgraded to Buy at Citi, PT raised to $102 (from $85). 🔸 $SMA prices 27M-share offering at $30.00. 🔸 $V offers AAPL ~$100M for Apple Card deal (WSJ). HEALTHCARE 🔸 $ANGO Q3 adj. EPS -$0.08 (est. -$0.13) on revs $72M (est. $70.3M); raises FY guidance. 🔸 $EWTX reports positive Phase 2 data for EDG-7500 in HCM trial. 🔸 $LLY clarifies no ties to HIMS, Zepbound prescribable by any licensed provider. 🔸 $ENOV names Damien McDonald CEO (effective May 12). TECH, MEDIA & TELECOM 🔸 $MBLY selects VLN’s VA7000 chipsets for autonomous driving. 🔸 $NCNO Q4 adj. EPS -$0.09 (est. $0.19) on revs $141.4M (est. $140.8M); announces $100M buyback; guides Q1 revs $138.75-$140.75M (est. $145.47M) and EPS $0.15-$0.16 (est. $0.21). 🔸 $RMBL fires CFO Tiffany Kice (effective April 2, 2025), appoints Michael Quartieri as interim CFO.
MARKET UPDATE CONSUMER 🔸 $SPWH Q4 adj. EPS $0.04 (est. -$0.06) on revs $340.4M (est. $329.6M),…
📰 PRESIDENT TRUMP’S LIBERATION DAY SCHEDULE – APRIL 2, 2025 Advancing American Prosperity Through Strategic Trade Policy 🔸 9:00 AM ET: President Trump convenes with his expert trade council to finalize the transformative tariff initiative. 🔸 11:30 AM ET: Press Secretary Karoline Leavitt previews the historic announcement. 🔸 4:00 PM ET: Rose Garden Address – President Trump unveils bold reciprocal tariffs, restoring fairness to U.S. trade. 🔸 4:30 PM ET: The President engages with media, followed by an official photo session. 🔸 6:00 PM ET: Administration officials brief industry leaders on implementation, ensuring seamless execution. 🔸 8:00 PM ET: Global markets respond as the impact of America’s renewed strength takes hold.
PRESIDENT TRUMP’S LIBERATION DAY SCHEDULE – APRIL 2, 2025 Advancing American Prosperity Through Strategic Trade Policy…
📰 *FRENCH APPEALS COURT EXPECTS TO RULE ON LE PEN CASE BY MID-2026
*FRENCH APPEALS COURT EXPECTS TO RULE ON LE PEN CASE BY MID-2026
📰 ISRAEL ELIMINATES TARIFFS ON AMERICAN GOODS, ISRAELI PRIME MINISTER’S OFFICE SAYS
ISRAEL ELIMINATES TARIFFS ON AMERICAN GOODS, ISRAELI PRIME MINISTER’S OFFICE SAYS
📰 WHITE HOUSE: RECIPROCAL TARIFFS WILL TAKE EFFECT IMMEDIATELY
WHITE HOUSE: RECIPROCAL TARIFFS WILL TAKE EFFECT IMMEDIATELY
📰 LEAVITT: TRUMP EMPHASIZING IMPORTANCE OF PEACE IN TAIWAN STRAIT
LEAVITT: TRUMP EMPHASIZING IMPORTANCE OF PEACE IN TAIWAN STRAIT
📰 $META – META’S HEAD OF AI RESEARCH JOELLE PINEAU TO LEAVE
$META – META’S HEAD OF AI RESEARCH JOELLE PINEAU TO LEAVE