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UBS says sell rallies ’until we learn more’ about the tariffs hit

UBS says sell rallies ’until we learn more’ about the tariffs hit

Investing.com -- Investors should consider selling market rallies until the full impact of the tariffs is understood, according to UBS strategist Bhanu Baweja.The Trump administration responded to recent market pressures by not escalating trade disputes with all trading partners at this time.“Trump’s administration isn’t as impervious to market pain as it may have appeared for a while. Its p ...

2025-04-10 23:21:27
Magnificent Seven rides again as Trump pauses tariffs; adds $1.5 trillion in value

Magnificent Seven rides again as Trump pauses tariffs; adds $1.5 trillion in value

By Aditya Soni and Juby Babu(Reuters) - The "Magnificent Seven" stocks amassed more than $1.5 trillion in market value on Wednesday after U.S. President Donald Trump paused his sweeping tariffs for 90 days, easing pressure on tech giants that had tumbled in recent sessions.The gains did not erase the $3.4 trillion in value the companies have collectively shed since their peak in late 2024, with so ...

2025-04-10 23:19:08
EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

By Philip Blenkinsop, Joe Cash and Andrea ShalalBRUSSELS/BEIJING/WASHINGTON (Reuters) -The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties less than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.The Trump administration is weighing offers fr ...

2025-04-10 23:17:34
Factbox-Intel CEO Lip-Bu Tan’s wide-ranging investments in China

Factbox-Intel CEO Lip-Bu Tan’s wide-ranging investments in China

By Eduardo Baptista, Stephen Nellis and Max A. CherneyBEIJING/SAN FRANCISCO (Reuters) - Intel (NASDAQ:INTC) CEO Lip-Bu Tan has made hundreds of investments in Chinese companies over decades through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies, Sakarya Limited and Seine Limited. The following are some key investments unco ...

2025-04-10 23:15:20