S&P 500 and Nasdaq Inch Up as Investors Consider a Week of Tariff News

Trump Administration’s Latest Move: The Tariff Tango

Stocks? Oh, they’re doing their dance, thanks to Trump and his tariffs. The S&P 500 is teasing a new record, inching up by 0.1%. However, the Dow isn’t feeling it, slipping below the line (after Thursday’s high note).

Stepping Up: Bye-Bye Universal Tariffs?

Trump’s tariff strategy shifted gears this week. The buzz? Main Street’s wondering if the man will ditch the universal approach for a "reciprocal-first" game plan. Because, hey, reciprocity sound pretty fair, right?

Markets Take Note:

• S&P 500 (^GSPC): +0.1%
• Dow Jones (^DJI): Below flatline
• Nasdaq Composite (^IXIC): +0.3%

Inflation Staring Us Down

Retail sales took a nosedive, falling 0.9%—not exactly what Wall Street had in mind. Economists thought they’d see more action. But inflation readings were hot, putting a damper on any dreams of an interest rate cut.

Airbnb and the Dream of Being the "Amazon" of Travel

Meanwhile, over in Airbnb’s neck of the woods, news of better-than-expected quarterly results spurred a 15% stock rally. CEO Brian Chesky has grand visions of turning Airbnb into the Amazon of travel.

More About Airbnb:

• Revenue rising to $2.5 billion
• Bookings up 12%

Chip Madness: Intel, Nvidia, and the CHIPS Act Drama

Hold onto your hats, because Intel’s stock just shot up by 23%—the biggest gain since Y2K. Thank U.S. Vice President JD Vance’s vow for American-made AI chips. But Trump might shake up the CHIPS Act, delaying handouts.

List of Major Chip Players:

• Intel (INTC)
• TSMC (TSM)
• Samsung Electronics
• SK Hynix

Oil’s Wild Ride: Tariffs and Iran Stir Up the Market

Oil prices swung with the breeze. Traders are on their toes with the looming threat of retaliatory U.S. tariffs and tighter U.S. policies against Iran. Supply concerns briefly raised oil, only to see West Texas Intermediate fall flat later.

Tesla’s $400 Billion Conundrum

Tesla’s losing streak wiped out $400 billion in value. Wall Street is screaming, "buyer beware!" But some investors see an opportunity in this giant slip-up. What gives?

GameStop: Old Player, New Game

GameStop’s back in the news with a nearly 10% surge on talks of a crypto dalliance. The ever-resilient meme stock is keeping its fan club entertained.

Trending Stocks in After-Hours Trading:

• Airbnb (ABNB)
• GameStop (GME)
• Palo Alto Networks (PANW)

Tech and Beyond: The Nvidia Portfolio Shuffle

Tech stocks, brace yourselves. Nvidia rejigged its equity holdings, and it made waves. WeRide rode the wave up, while Serve Robotics took a hit. The shake-up sent everyone chatting excitedly—except Nvidia, who stayed mum.

Tech Winners of the Week:

1. Nvidia (NVDA): 6% weekly gain
2. Apple (AAPL): 7% gain
3. Meta (META): Highest performer YTD

A whiplash-worthy week indeed, right? Keep your eyes on these adventurous market shifts—it’s as dynamic as the city that never sleeps!