Trump Tariffs Send Stocks Lower; Amazon Falls & Apple Gains on Earning

Trump Tariffs Send Stocks Lower; Amazon Falls & Apple Gains on Earning

On today's podcast:
1) Markets take a hit as President Trump unleashes a wave of new tariff rates. The world is facing some of the steepest US tariffs since the 1930s, with an average of 15%, according to the text. So far, the global economy has held up better than many economists expected after Trump’s initial tariff blitz. A rush to beat the elevated rates spurred a front-loading of exports, aiding many Asian economies and shielding US consumers from price spikes.
2) Shares of Amazon sell off while Apple rises following the latest tech earnings. Apple reported its fastest quarterly revenue growth in more than three years, with revenue rising 9.6% to $94 billion in the fiscal third quarter. Amazon dropped in premarket trading after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals. CEO Andy Jassy said it was "very early days" in artificial intelligence, and that the company's efforts to lower the costs of running AI applications would draw more customers over time.
3) Investors prepare for the July jobs report to wrap up a week of key US economic data. Bloomberg Economics predicts July’s seasonally adjusted nonfarm payrolls to increase by 160,000 — higher than the consensus expectation of 105,000.

See omnystudio.com/listener for privacy information.

Avsnitt(1590)

House Rejects Trump Tariffs; GOP Passes Voter ID Bill

House Rejects Trump Tariffs; GOP Passes Voter ID Bill

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump’s tariff policies suffered their strongest political blow yet with the Republican-led US House passing legis...

12 Feb 15min

Guthrie Investigation Intensifies; Ten Dead in Canada School Shooting

Guthrie Investigation Intensifies; Ten Dead in Canada School Shooting

Today's top stories, with context, in just 15 minutes. On today's podcast:1) An individual who the authorities described as a person of interest has been taken into custody regarding the disappearance...

11 Feb 15min

Memory Chip Squeeze Widens Gap; Alphabet's Global Debt Binge

Memory Chip Squeeze Widens Gap; Alphabet's Global Debt Binge

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The relentless surge in memory chip prices over the past few months has driven a vast divide between winners and losers in t...

10 Feb 15min

Seahawks Win Super Bowl; China to Curb US Treasury Exposure

Seahawks Win Super Bowl; China to Curb US Treasury Exposure

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Seattle Seahawks won their second Super Bowl title on Sunday, beating the New England Patriots by a score of 29-to-13 at...

9 Feb 16min

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to S jobs and CPI data, along with a focus on 3 sto...

6 Feb 38min

Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip

Amazon Selloff on Massive Spend; Bitcoin Traders Buy Dip

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Amazon.com shares tumbled in premarket trading on Friday after the e-commerce and cloud-computing company’s $200 billion ann...

6 Feb 16min

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, ami...

5 Feb 15min

Government Shutdown Ends; New Iran Negotiations

Government Shutdown Ends; New Iran Negotiations

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The partial US government shutdown ended late Tuesday after President Trump signed into law a funding deal he negotiated wit...

4 Feb 15min

Populärt inom Business & ekonomi

badfluence
framgangspodden
rss-jossan-nina
varvet
uppgang-och-fall
bathina-en-podcast
avanzapodden
svd-tech-brief
rss-kort-lang-analyspodden-fran-di
rss-borsens-finest
rss-inga-dumma-fragor-om-pengar
borsmorgon
24fragor
lastbilspodden
kapitalet-en-podd-om-ekonomi
dynastin
rss-dagen-med-di
rss-den-nya-ekonomin
market-makers
fill-or-kill