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Trump Tariffs Latest: Nvidia’s $5.5B Hit, Rare Earth Metals Probe, and More 04/16/25



Stocks across the board kicking off Wednesday in the red as Nvidia and the chips drag Tech lower – Carl Quintanilla, David Faber, and Leslie Picker broke down the latest for stocks on a busy morning of earnings and DC headlines, along with fresh data top of the hour. What it all means for stocks like Nvidia and AMD – as both warn of big costs tied Trump’s new curb on chips going to China… Plus: Citi’s U.S. Equity Strategist joined the team with his take on things – fresh off lowering his estimates for the S&P.

 

Also in focus: United Airlines reporting results – what their CEO is saying about the consumer; A look at whether better-than-feared Retail Sales could be the calm before the storm; The numbers behind a historic boom in 0-day options; And a live read from outside the courtroom as the FTC’s antitrust case against Meta continues for a 3rd day

 

Squawk on the Street Disclaimer

 

 


Published on 8 months, 2 weeks ago






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