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Lattice Semiconductor Leads Chip Stocks Lower Amid Potential Tariff Impact on Outlook
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Hollywood Tariff Push Sparked By Trump-Jon Voight Meeting Where Actor Proposed Levies In 'Certain Limited Circumstances:' Report
Movie tariffs? Netflix is bewildered.
Netflix was previously seen as a "safe haven" from tariff risks, but Trump's policies will directly impact its business model. Citi analysis points out that in the worst-case scenario, Netflix's EPS could decrease by about $6, a decline of 20%, but the company has various strategies that may mitigate the impact, including relocating production to the USA, restricting access to overseas content for US users, and increasing subscription prices.
U.S. stocks closed: The three major Indexes all fell, with Berkshire dropping over 5%.
① Apple issued bonds for the first time in two years; ② The Board of Directors of Berkshire Hathaway voted to appoint Abel as CEO, while Buffett continues as Chairman; ③ The reorganization plan of OpenAI had to change and will continue to be controlled by a nonprofit entity.
S&P 500 Stocks That Defy 'Sell In May' Myth: 5 Companies With Strong Historical Gains