The Nvidia panic, America's Bitcoin Reserve, and Trump's trade war hits stocks: Markets news roundup

Quartz02-08 22:00

Photo: Chip Somodevilla (Getty Images), Anna Moneymaker (Getty Images), Monty Rakusen (Getty Images), Michael M. Santiago (Getty Images), Annabelle Chih/Bloomberg (Getty Images), Daniel Bosma (Getty ...

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Santiago (Getty Images), Annabelle Chih/Bloomberg (Getty Images), Daniel Bosma (Getty ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nvidia-panic-americas-bitcoin-trumps-140000268.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/nvidia-panic-americas-bitcoin-trumps-140000268.html","article_id":"2509805590","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509805590","pubTimestamp":1739023200,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The Nasdaq slumps 1% because now Trump’s trade war is real. The Nasdaq and other stock market indexes began Monday morning by dropping sharply in the face of President Donald Trump’s new tariffs, which are poised to kick in Tuesday. The market decline reversed somewhat in the afternoon after Mexican President Claudia Sheinbaum announced a pause on Trump’s new import tariffs.Trump’s crypto czar remains quiet on Bitcoin reserve. The Trump administration is actively pursuing initiatives related to cryptocurrency, but there has not been any official announcement regarding the highly anticipated Bitcoin reserve. David Sacks, the White House’s cryptocurrency director and President Donald Trump’s crypto czar, held a press conference to discuss the U.S. digital asset strategy. However, he did not reveal any specific plans for stockpiling Bitcoin, instead stating that the team would evaluate the feasibility of a Bitcoin reserve.The 5 most energy-efficient states in America — and the 5 least","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"英伟达恐慌、美国比特币储备和特朗普的贸易战打击股市：市场新闻综述","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1,"AMD":1,"AMZN":1,"GOOGL":1,"TSLA":1,"NVDA":1,"GOOG":0.84,"NVDU":0.6,"MACW.SI":0.6,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDY":0.6,"NVIW.SI":0.6,"SNVD.UK":0.6,"TSYW.SI":0.6,"USAW.SI":0.6,"USJW.SI":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"Photo: Chip Somodevilla (Getty Images), Anna Moneymaker (Getty Images), Monty Rakusen (Getty Images), Michael M. Santiago (Getty Images), Annabelle Chih/Bloomberg (Getty Images), Daniel Bosma (Getty Images), Illustration: Alvaro Fernandez Echeverria (Getty Images), Image: NurPhoto (Getty Images)\n \n\nThe Nasdaq slumps 1% because now Trump’s trade war is real\n\n\n\n  President Donald Trump - Photo: Chip Somodevilla (Getty Images)\n \n\nThe Nasdaq and other stock market indexes began Monday morning by dropping sharply in the face of President Donald Trump’s new tariffs, which are poised to kick in Tuesday. The market decline reversed somewhat in the afternoon after Mexican President Claudia Sheinbaum announced a pause on Trump’s new import tariffs.\nRead More\nTrump’s crypto czar remains quiet on Bitcoin reserve\n\n\n\n  Photo: Anna Moneymaker (Getty Images)\n \n\nThe Trump administration is actively pursuing initiatives related to cryptocurrency, but there has not been any official announcement regarding the highly anticipated Bitcoin reserve. David Sacks, the White House’s cryptocurrency director and President Donald Trump’s crypto czar, held a press conference to discuss the U.S. digital asset strategy. However, he did not reveal any specific plans for stockpiling Bitcoin, instead stating that the team would evaluate the feasibility of a Bitcoin reserve. \nRead More\nThe 5 most expensive popular cars to own — and the 5 cheapest\n\n\n\n  Photo: Monty Rakusen (Getty Images)\n \n\nWith rising prices, an affordable housing crisis, and the specter of looming tariffs, Americans are looking to save money just about everywhere. \nAnd with nine in 10 American households owning at least one car, many are looking at their vehicles as a place to save.\nSelf, a credit-building toolkit, looked at the 50 best-selling cars between 2022 and 2024 and ran the numbers to find the most and least expensive ones to run. It didn’t consider the vehicle’s purchase or lease price and instead looked at average annual gas costs, maintenance, insurance, fees, and taxes. \nRead More\nGoogle, Apple, and AMD drag the Nasdaq down as Big Tech’s market woes continue\n\n\n\n  Photo: Michael M. Santiago (Getty Images)\n \n\nThe Nasdaq and other major stock market indexes dipped Wednesday after underwhelming earnings reports from Google parent Alphabet (GOOGL) and chipmaker Advanced Micro Devices (AMD). Other tech stocks such as Apple (AAPL), Amazon (AMZN), and Tesla (TSLA) were also in the red.\nRead More\nDon’t panic, Nvidia will actually be a DeepSeek winner, JPMorgan says\n\n\n\n  Nvidia CEO Jensen Huang during an event in Taipei, Taiwan on June 2, 2024. - Photo: Annabelle Chih/Bloomberg (Getty Images)\n \n\nDeepSeek sparked a global tech stock sell-off that cost Nvidia $600 billion in market value. But JPMorgan (JPM) Chase says the AI chipmaker is bound to benefit from the Chinese startup. \nRead More\nThe 5 most energy-efficient states in America — and the 5 least\n\n\n\n  Photo: Daniel Bosma (Getty Images)\n \n\nThe average U.S. family is currently shelling out at least $2,000 a year on utilities. That’s on top of the average $2,450 most people spend annually on gas. \nRead More\nTrump’s tariffs have slammed the crypto market and crypto stocks. Here’s why\n\n\n\n  Image: NurPhoto (Getty Images)\n \n\nPresident Donald Trump has begun a new trade war with Canada, Mexico, and potentially China, and this has had a significant ripple effect on the broader financial landscape, including the cryptocurrency market. Trump’s latest move involves imposing a 25% tariff on imports from Canada and Mexico, while Chinese imports will be taxed at 10%.\nRead More\nDonald Trump wants a sovereign wealth fund. Here are the risks and rewards, according to a strategist\nkinjavideo-197464\nEric Beiley of The Beiley Group at Steward Partners breaks down how a sovereign wealth fund might work for America like they do in Singapore and Norway\nTariffs, interest rates, and market volatility: What they mean for your investments in 2025, according to a strategist\nkinjavideo-197458\nEric Beiley, Executive Managing Director of The Beiley Group at Steward Partners, breaks down what China’s retaliatory tariffs could mean for investors\n For the latest news, Facebook, Twitter and Instagram.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2509805590"}