Hi, Tigers!
Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
[Rewards]
We will reward you with 50 Tiger Coins when you share your knowledge about stocks and markets here, depending on quality and originality.
[Winners Announcement:10 Apr]
1.Here are the 5 Tigers whose post has the best quality & interaction yesterday:
Congratulations on being offered 50 Tiger Coins!
Bond Selloff: Trump Lost, AMZN Lost too!
2.Here are the stocks mentioned by the above Tigers: $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $BigBear.ai Holdings(BBAI)$ $Amazon.com(AMZN)$ $SailPoint Parent, LP(SAIL)$ (Not investment advice)
And let's congratulate these Tigers for winning 5-40 Coins:
Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average fell 1,014.79 points, or 2.50%, to 39,593.66, the S&P 500 fell 188.85 points, or 3.46%, to 5,268.05 and the Nasdaq Composite fell 737.66 points, or 4.31%, to 16,387.31.
Shares of NVIDIA fell 5.9% to $107.57 after the maker of artificial-intelligence chips finished Wednesday up 19% and gained $439.9 billion in market cap, the largest one-day market cap gain for any company on record, according to Dow Jones Market Data. A report from NPR said the White House has paused plans to put additional restrictions on sales of Nvidia's H20 artificial-intelligence chips after CEO Jensen Huang attended a dinner hosted by Trump and promised more investment in U.S.-based AI data centers. Morgan Stanley analyst Joseph Moore kept Nvidia as a top pick, reiterating his Overweight rating and price target of $162.
Apple was down 4.2%. Shares of the iPhone maker jumped 15% on Wednesday after Trump put a pause on most tariffs but increased China's tariff rate to 125%. Apple makes most of its iPhones in China through contract manufacturer Foxconn, meaning that prices on everything from iPhones to MacBooks would rise if the levies were to stick.Apple also became the world's most valuable public company again on Wednesday, leapfrogging over Microsoft, which had taken the crown from Apple the day before. Apple's closing market cap value on Wednesday was $2.987 trillion, topping Microsoft's $2.903 trillion, according to Dow Jones Market Data.
Tesla Motors declined 7.3% to $252.40 after skyrocketing 23% on Wednesday. It was the electric-vehicle maker's largest daily percentage increase since May 9, 2013, when it rose 24.4%. Trump's pause on tariffs was good news to CEO Elon Musk, who isn't a fan of broad tariffs and went so far as to say over the weekend that the U.S. and Europe shouldn't impose tariffs on one another. Analysts at Goldman Sachs Tesla reduced their Tesla price target to $260 from $275 and remained Neutral on the stock.
All right, here is all the market information we would like to share with youοΌ
What news/movements are worth noting in the market today? Any stocks to watch?
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