MARKET RECAP

Yesterday: Stocks fell in after-hours trading Wednesday as the Trump administration unveiled new reciprocal tariffs, renewing investor concerns over global trade tensions. Bond yields declined following the announcement, despite stronger-than-expected employment and manufacturing data pointing to continued economic resilience.

On Our Radar: All eyes will focus on Friday’s jobs report, especially following the Liberation Day announcement. On the earnings front, fashion retailer Guess will disclose its results after the closing bell.

TOP STORY

Markets Reel As Trump's Tariffs Hit — Magnificent 7 Set To Shed Almost $700 Billion

President Trump announced a new wave of tariffs designed to bolster the U.S. economy.

Here's why the market is seeing things differently — and why you need to watch closely.

SPONSORED CONTENT

The Construction Market Is Heating Up – Titan America Is Ready To Deliver After Recent IPO

Thanks to key legislation from the Infrastructure Investment and Jobs Act to the CHIPS Act, the construction industry seems poised for growth. Titan America SA (TTAM), the U.S. subsidiary of Titan Cement International that just went public on the NYSE, is gearing up to capitalize on that. 

It now has more firepower to do so, given net proceeds of its IPO were $136.8 million. It also thinks it has an edge thanks to its focus on making cement and cement products in a greener way. With the market fragmented and more cash in Titan America’s coffers to pursue buys, this newly independent construction materials company could be worth keeping an eye on. To learn more about Titan America and its IPO, click here. 

This is a paid ad. Please see 17b disclosure here for more information.

FIVE ZINGERS

Crisis Alert: Wedbush analyst Daniel Ives warned that Tesla needs to navigate its current brand crisis or face big consequences. Learn what has the expert concerned.

Tariff Turmoil: The White House's sweeping new tariffs are designed to bolster the U.S. economy. Still, these companies are reeling from the announcement.

Deep Dive: Palantir Technologies has struggled to replicate last year's success despite booming demand for AI. Discover why technical analysts are concerned about its risk profile.

Driving Off: President Trump's "Liberation Day" policy is set to make imports more expensive. Consider how this framework can impact these five auto stocks.

Money Pit: Legendary investor Warren Buffett warns that cash is always a bad investment. Instead, he adopts this philosophy toward wealth and happiness.

SPECIAL OFFER

Alpha Buying: Unpacking The Complexities Of the Global Energy Shift

Editor’s Note: Every week, Tim Melvin releases Alpha Buying, a report detailing the insider buying that, unlike most, is actually worth paying attention to. Here’s a sneak peek at the report:

For over a decade, the energy transition has captured headlines, fueled by surging investments in solar, wind and storage technologies. The latest analysis from J.P. Morgan’s 15th Annual Energy Paper, Heliocentrism, paints a nuanced picture of progress, challenges and the enduring role of traditional energy.

For investors, the conclusions offer a compelling case for a diversified approach that includes both renewable and traditional energy stocks.

Solar power is leading the growth in global capacity additions. J.P. Morgan notes that solar installations more than doubled in the past three years and could double again by 2027. Solar will represent roughly 75% of new global capacity additions by then. However, the challenge lies in utilization.

Due to solar’s low capacity factors (15% to 20%), actual power generation lags far behind installed capacity.

Despite trillions in global spending, renewables still account for just 2% of global final energy consumption, with expectations to reach only 4.5% by 2027. The path forward is linear, not exponential. Crucially, electricity itself is only about a third of total energy use worldwide. Energy-intensive sectors such as steel, cement, chemicals and transportation still rely overwhelmingly on fossil fuels.

The report’s bottom line is clear: human prosperity remains tethered to affordable natural gas and fossil fuels for the foreseeable future. Industrial production, global trade, national defense and even clean technology manufacturing are deeply reliant on hydrocarbons.

Click here to gain access to the full report!

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