CXMT Corp. debuted on the Shanghai exchange with a staggering 466% surge, reaching 49 yuan. The semiconductor giant raised 57.92 billion yuan, marking the largest mainland Chinese offering and boosting its market cap to 3.3 trillion yuan.
Tariffs cut to 30% shifts market belief, but ING & Wedbush warn of temporary pause and lasting supply chain damage. Policy shifts create uncertainty for businesses. China called Trump's bluff.
Tesla's Q1 2025 report is crucial amid delayed cheap EV and robotaxi projects, political concerns surrounding Elon Musk, dropping shipments, and growing competition. Short sellers are profiting from TSLA's 40% YTD plunge.
Markets react to Fed policy shifts & economic uncertainty. Powell's stance impacts growth, inflation, and market selloff. Tech stocks Apple, Tesla, Nvidia see declines. Global trade tensions also contribute.
Our customers remain fully protected,” CEO George Kurtz said in his latest statement Friday on the outages, which have affected more than half a dozen global industries.
