Trump's reaction to the Fed: Powell is a fool
US Morning News Call | Trump to Announce U.S.-UK Trade Framework
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U.S. stocks closed with the three major Indexes fluctuating higher, with Google plummeting more than 7%. The Bullish support from the AI Chip helped NVIDIA.
① Apple is promoting a shift to AI search for Safari, causing Google's stock price to fall over 7%; ② Disney's stock price skyrocketed nearly 11%, with the company's second fiscal quarter profits exceeding expectations; ③ NVIDIA rose over 3%, with reports that the USA is considering lifting AI Chip export restrictions.
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US Morning News Call | U.S. and China to Meet in Switzerland, Possibly Easing Trade War
Markets Rattled As Trump Tariffs Overshadow Fed Calm
U.S. Treasury Secretary and USTR to Meet With Chinese Counterparts Amid Possible Break in Trade War
U.S. stocks closed: Trade uncertainty rises, and the three major Indexes collectively declined.
① The CEO of NVIDIA stated that the AI market in China is expected to reach 50 billion dollars; ② AMD's revenue in the first quarter was 7.44 billion dollars, a year-on-year growth of 36%; ③ Super Micro Computer's net sales in the third quarter were 4.6 billion dollars, falling short of expectations.
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Wall Street giant Paul Tudor Jones: It is still very likely that the U.S. stock market will hit new lows, and AI poses a threat to survival.
Paul Tudor Jones expressed a pessimistic view. He stated that even if USA President Trump eases tariff policies, the US stock market is still likely to create new lows, unless the Federal Reserve is very dovish and significantly lowers interest rates. He is increasingly concerned about the dangers posed by AI and warns that this risk is not limited to impacts on the stock market and economy; he sees AI as a "survival threat."
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Trade Deficit Widens to a Record $140.5 Billion
US Morning News Call | India Proposes Zero-For-Zero Tariffs On Steel, Auto Parts
Deutsche Bank: The sell-off of USA Assets has been excessive.
Deutsche Bank pointed out that at the beginning of April, the USA market experienced significant volatility, but the panic regarding the dollar, USA Consumer data, and overall confidence in USA Assets may be exaggerated. From a relative valuation perspective, some cyclical USA Consumer stocks may begin to show investment attractiveness. Although policy volatility may persist, the narrative of "selling dollar Assets" may have reached its peak.
Wall Street Futures Dip On Trump's New Tariffs, Fed Meeting In Spotlight