Stocks to open lower, trade war fears worsen after China raises tariffs on US imports

Mon, Apr 2, 2018, 8:54 AM

In this article:

Yahoo Finance’s Alexis Christoforous, Jared Blikre, Rick Newman, Ethan Wolff-Mann and Melody Hahm discuss the big stories of the day. Alexis also talks to Santosh Rao, head of research at Manhattan Venture Partners about Spotify’s upcoming IPO.

Today’s Topics

China hits back on tariffs
Spotify ready for its public debut
Elon Musk’s April Fools’ tweet
Trump: DACA is dead
David Hogg calls Laura Ingraham a bully
Teachers in Kentucky, Oklahoma plan walkout
SpaceX Falcon 9 launch scheduled today
Majority of China space station burns up on re-entry
Humana soars on Walmart merger talks
Trump continues to attack Amazon
Alibaba buys remaining shares of Ele.me
Apple posts 161 Siri-related jobs to take on Alexa
Saks, Lord & Taylor get hit in latest data breach
U.S. National Transportation Safety Board criticizes Tesla crash data release

Jeff Bezos' Most Prized Possession Breaks Historical Auction Records At Almost $53 Million
Jeff Bezos amassed his wealth through Amazon stocks and owns hundreds of millions of dollars worth of real estate, but one of his most valuable possessions may surprise you: art. Among his collection is the renowned piece "Hurting the Word Radio #2 (1964)" by Ed Ruscha, purchased by Bezos for almost $53 million. This artwork, a prime example of Ruscha’s text-based paintings, stands as a signature piece in Bezos’ collection. As concerns over stock market volatility persist, the world’s wealthiest
Benzinga
Warren Buffett's Latest $2.6 Billion Buy Brings His Total Investment in This Stock to More Than $77 Billion in Under 6 Years
The Oracle of Omaha has purchased shares of his favorite stock for 23 consecutive quarters.
Motley Fool
Bluesky now lets you personalize main Discover feed using new controls
Bluesky is now allowing users to personalize their main Discover feeds. The social network is rolling out an updated version of its app that lets users offer feedback about its algorithmic feed so they can better customize it using "Show more like this" and "Show less like this" buttons in a post's menu to choose which content the algorithm surfaces. The change will help Bluesky users create a timeline that takes into consideration their own preferences, not what the company thinks they should see.
TechCrunch
Nvidia Dethroned: This AI Chip Stock Now Rules This Elite Screen
Broadcom just ended the reign of Nvidia, usurping the top spot on this list of new buys by the best mutual funds.
Investor's Business Daily
With Apple entering the fight, the AI chip wars have gone nuclear
The AI PC chip wars are going nuclear as Apple officially joins the fight with its M4 processor.
Yahoo Finance
I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why
This real estate technology company could be hit hard by a changing real estate market.
Motley Fool
UPDATE 3-Billionaire quant investing pioneer and philanthropist James Simons dies at 86
Billionaire investor James Simons, the mathematician and Cold War code-breaker who founded one of the world's most prominent and profitable hedge funds, Renaissance Technologies, has died at 86, his foundation said on Friday. The Simons Foundation did not give a cause of death. Sixty years ago Simons -- who preferred to be known as Jim -- shifted course from teaching mathematics and working in U.S. intelligence to investing.
Reuters
Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
CoinDesk
3 Rock-Solid Dividend Stocks That Are Ideal for Retirees
These are low-risk stocks with high yields.
Motley Fool
Palantir Stock (NYSE:PLTR): Should You Buy the Post-Earnings Dip?
Palantir stock (NYSE:PLTR) dipped by about 16% after its Q1 earnings report, prompting me to ponder whether this downturn presents a buying opportunity. Notably, Palantir showcased yet another quarter of solid revenue growth, promising client base expansion, and strong profitability metrics. That said, concerns persist regarding the stock’s elevated valuation. Consequently, despite my belief in Palantir’s long-term prospects as a shareholder, I maintain a neutral stance towards the stock at pres
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Stocks to open lower, trade war fears worsen after China raises tariffs on US imports

Recommended Stories

Jeff Bezos' Most Prized Possession Breaks Historical Auction Records At Almost $53 Million

Warren Buffett's Latest $2.6 Billion Buy Brings His Total Investment in This Stock to More Than $77 Billion in Under 6 Years

Bluesky now lets you personalize main Discover feed using new controls

Nvidia Dethroned: This AI Chip Stock Now Rules This Elite Screen

With Apple entering the fight, the AI chip wars have gone nuclear

I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why

UPDATE 3-Billionaire quant investing pioneer and philanthropist James Simons dies at 86

Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

3 Rock-Solid Dividend Stocks That Are Ideal for Retirees

Palantir Stock (NYSE:PLTR): Should You Buy the Post-Earnings Dip?