President Donald Trump confirmed his long-threatened reciprocal tariffs today, marking the latest move in his effort to shift global trade by levying taxes against goods shipped into the United States. The tariffs, which apply to a wide range of imports, are intended to balance trade deficits and address what the administration sees as unfair trade practices. Market Reactions and Economic Impact The announcement sent shockwaves through financial markets, with U.S. stock markets sharply reversing earlier gains. In after-hours trading, S&P 500 futures fell 1.5%, while major stock indexes in Asia dropped sharply as markets reacted to the news. Japan’s Nikkei 225 plunged over 4.1%, South Korea’s Kospi dropped 2.5%, and ETFs tracking India, Europe, and China saw declines between 2-3.8%. JP Morgan ( JPM ) chief economist Michael Feroli warned that the tariffs could bring in considerable revenue but at the expense of consumer purchasing power. "On a static basis, today’s announcement...

Tesla ( TSLA ) began the day with a sharp 6% drop following its Q1 delivery report, but investors quickly stepped in, reversing the decline and pushing shares up over 4% by the close. The electric vehicle leader reported 336,681 deliveries, marking a 13% year-over-year decline and falling well below Wall Street’s consensus of 378,000. Production also suffered, with 362,615 units manufactured, a 16% decrease from the prior year. The weaker numbers were anticipated, as reports had consistently warned of sluggish Tesla sales in major markets like China and Europe. Heightened competition from Chinese automakers, inflationary pressures, and lingering auto tariffs have weighed heavily on the company. Despite these challenges, Tesla remains optimistic about the future, particularly with the ongoing ramp-up of the refreshed Model Y. Adding to the market's optimism was a report that CEO Elon Musk may step away from his role in the Trump administration. Investors saw this as a potential turn...

Roblox Corporation ( RBLX ) is rewriting the playbook for in-game advertising.  The company’s stock surged over 4% on Tuesday after announcing a major partnership with Google ( GOOG ), signaling a transformative shift in its business strategy. The collaboration with Google’s Ad Manager will integrate immersive advertising into the Roblox ecosystem, allowing brands and agencies to tap into the platform’s expansive and engaged Gen Z user base. The partnership aims to seamlessly embed ads within the gaming experience through virtual billboards, branded in-game content, and Rewarded Video ads—30-second video advertisements that users can choose to watch in exchange for in-game perks and digital currency. This strategic move is poised to unlock a new, high-margin revenue stream beyond Roblox’s traditional reliance on digital purchases. The Business of Immersive Ads For years, Roblox has been a dominant force in the gaming industry, boasting 85.3 million daily active users. Until now, th...

Progress Software Corporation (PRGS) delivered an impressive first-quarter performance, sending its stock up over 10% following the earnings announcement. The company's revenue surged 28.9% year-over-year to $238 million, surpassing the high end of its own guidance. Adjusted earnings per share (EPS) of $1.31 also exceeded expectations, reinforcing investor confidence in the company’s growth trajectory. A key driver behind Progress Software’s success is its recent $875 million acquisition of ShareFile. The cloud-based file-sharing platform contributed significantly to the company’s annualized recurring revenue, which climbed 48% year-over-year. The integration of ShareFile has been faster than expected, boosting profitability and strengthening the company’s SaaS-based revenue stream, which now makes up more than 85% of total revenue. Why Investors Are Paying Attention Progress Software’s strong Q1 showing comes at a critical time, as software firms navigate an evolving digital lands...

Lucid Motors ( LCID ) is gaining momentum as more former Tesla ( TSLA ) owners trade in their vehicles for Lucid’s luxury electric models. The California-based EV maker has officially launched its second product, the Gravity SUV, with deliveries set to begin in April. The Gravity is expected to attract a broader range of customers compared to Lucid’s niche Air sedan, which has struggled to achieve mass-market appeal. Interim CEO Marc Winterhoff confirmed an increasing number of Tesla owners are shifting to Lucid, citing recent changes in Tesla’s brand perception and customer preferences. “Tesla buyers were always a key source of our sales because they were already used to electric drivetrains and were looking for something better,” Winterhoff said. “Since the beginning of the year, we’ve seen a clear uptick of interest in Lucid from Tesla buyers.” The Gravity SUV, priced at $79,900, enters a competitive luxury EV space dominated by Tesla’s Model X, Cadillac’s Escalade IQ, and premium o...

Newsmax Inc. (NMAX) made a dramatic entrance into the public markets, with its stock surging 735% on its first day of trading. The conservative cable news network priced its initial public offering (IPO) at $10 per share, raising $75 million. By the end of its debut session, shares had soared to $83.51, with multiple trading halts due to volatility. The IPO success has significantly boosted the fortune of Newsmax founder and CEO Christopher Ruddy, whose 39.2 million Class A shares are now valued at approximately $3.3 billion. Ruddy retains firm control over the company, holding 81% of the voting power through shares that carry 10 votes each. A Media Powerhouse on the Rise Newsmax’s rise has placed it firmly in the competitive media landscape, with Ruddy declaring the network as the fourth most-watched cable news channel in the U.S., trailing behind CNN. The company has benefited from the shifting political climate, particularly in an era where conservative-leaning media outlets continu...

Advanced Micro Devices ( AMD ) remains steadfast in its bullish outlook on artificial intelligence (AI) infrastructure, even as concerns mount over slowing demand.  CEO Lisa Su reaffirmed her confidence, underscoring the company’s commitment to AI-driven growth. "The need for compute continues to be immense," Su said. "We see that throughout all of our customers globally, and we're going to continue to invest strongly in this area because I think this is the single most important technology of the last 50 years." Backing these words with action, AMD completed its $4.9 billion acquisition of ZT Systems, a major provider of AI and general-purpose compute infrastructure for hyperscale customers. The acquisition enhances AMD’s ability to deliver end-to-end AI solutions, combining its CPUs, GPUs, networking silicon, and open-source ROCm software. Expanding Partnerships and Innovation AMD also announced the deployment of its 5th Gen EPYC processors on Oracle ( ORCL ) ...