BYD stock jumps, Goldman on Trump tariffs, and toilet paper troubles: Markets news roundup
Trump’s next tariffs may surprise investors, Goldman Sachs economist warns
President Donald Trump’s tariff announcement scheduled for April 2 is set to give the market a negative surprise, according to a Goldman Sachs (GS) economist.
U.S. manufacturing is shrinking again as Trump’s tariffs set in
Manufacturing shrank again this month, after a brief reprieve in in January and February, according to the flash manufacturing Purchasing Managers Index (PMI) for March. The entire economy is probably slowing, Citi (C) analysts wrote.
BYD’s stock jumps on better-than-expected earnings
BYD’s (BYDDY) stock jumped almost 6% after the Chinese electric vehicle maker’s sales and profit for 2024 topped expectations, overtaking Tesla (TSLA) in revenue.
Trump’s tariffs may cause toilet paper supply to unroll
The U.S. supply of toilet paper may come unspooled. President Donald Trump’s increased tariffs on Canadian softwood lumber could have the unintended effect of disrupting production of the bathroom essential.
New ETF offers investors a hedge against authoritarian regimes
Greg Behar, Senior Vice President of Westwood, spoke with NYSE TV about his firm’s latest exchange traded fund
BigID is making data safer for AI model training, CEO says
BigID’s Chief Executive Officer Dimitri Sirota stopped by NYSE TV’s ‘Taking Stock’ to break down how his company is helping data security and more