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.
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Why Nvidia Stock Jumped in a Wildly Volatile Day for the Market
Nvidia stock experienced significant volatility during Monday's trading session, closing up 3.5% after fluctuating as much as 7.9% higher and 8.2% lower. The market reacted to news on tariffs, initially plummeting before recovering slightly, with the S&P 500 down 0.3% and the Nasdaq Composite up 0.1%. Despite uncertainties surrounding tariffs and global economic conditions, Nvidia's outlook remains uncertain, with potential impacts on customer spending and continued high levels of stock volatility expected. Full Article
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