Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook

Stocks continued their downward trend on Monday, with the Dow Jones Industrial Average dropping 349 points (0.91%) and the S&P 500 losing 12 points (0.23%). The Dow has now decreased by 11.3% over the past month, while the S&P has fallen by 12.3%. Despite the overall decline, the Nasdaq saw a slight increase of 15 points (0.1%), but remains down 19% for the year. Full Article

Stellantis (STLA), the automaker known for Jeep, announced plans to absorb some of its suppliers' costs resulting from President Trump's tariffs, marking a significant response to the ongoing trade war. This decision by Stellantis sheds light on how the auto industry is navigating the challenges posed by the tariffs and adapting to the changing trade landscape. The move signifies a proactive approach by Stellantis to address the impact of the tariffs on its operations and...

Shares of RH surged 14.2% today despite a market downturn following President Trump's tariff announcement. RH updated its guidance after hours on Friday and received a positive analyst note from Stifel. The company believes Trump's tariffs are a negotiating tactic and remains optimistic about its future performance despite market uncertainties. Full Article

The Trump administration's tariffs on trading partners caused a decline in AI stocks, impacting companies' spending on AI projects. However, under-the-radar AI stocks like Innodata, Ambarella, and Symbotic show promise for long-term growth. Innodata's data preparation services for AI projects are driving revenue growth, while Ambarella's computer vision chips and Symbotic's autonomous warehouse robots are positioned for expansion despite market challenges. Overall, these companies offer growth potential in the volatile market. Full Article

Investors in Lucid Group saw a slide in stock despite record first-quarter deliveries of 3,109 vehicles, raising $1 billion in convertible debt, and weaker revenue guidance for the quarter. Concerns over the impact of President Trump's tariffs on the supply chain and recent management transition also added to the stock's decline. However, investors are advised not to panic as upcoming earnings reports and the launch of the Gravity SUV could boost deliveries and revenue. Full...

Where you live can significantly impact your health, affecting access to hospitals, grocery stores, and mental health care. Many Americans lack access to essential health resources, hindering their ability to maintain good health. The disparities in access to healthcare highlight the challenges faced by those in underserved communities. Full Article