STOCK MARKET SIZZLE: TECHNOLOGY TITANS DRIVE A FOUR-DAY SURGE!
Hold onto your wallets, folks! The stock market is on fire for FOUR STRAIGHT DAYS as tech juggernauts like Alphabet and Nvidia rocket to the top, leaving investors frothing with excitement! After President Donald Trump dished out some tantalizing tidbits on tariff talks, the S&P 500 soared by 0.75%, while the Nasdaq skyrocketed 1.25%. Can you believe it? The S&P is now a whopping 5.6% UP since the week kicked off!
GOOGLE’S GLORY: PROFITS SOAR, STOCK SOARS!
In a legendary win for Alphabet, the masterminds behind Google, the company crushed analysts’ expectations with a Q1 triumph, raking in a staggering $90.2 billion – that’s a 12% leap year-over-year! Investors couldn’t get enough, sending their stock up 1.5% from Thursday to Friday. And let’s not forget Nvidia, the AI chip superstar, who didn’t just keep up but CRUSHED expectations, boasting a sensational 4.3% jump! Demand for their chips? Not slowing down in the slightest!
TARIFF TEASER: TRUMP DROPS A BOMBSHELL!
In a jaw-dropping interview with Time, Trump teased a potential bonanza for investors, claiming he’s inked “200 deals” on tariffs. But hold up – it’s not all good vibes. He hinted at a “total victory” for himself if he can slap tariffs between 20% and a staggering 50% on foreign imports. What does that mean for the global market? Buckle up, it could be a bumpy ride!
This Friday uptick follows a wild three days of rollercoaster gains as the markets aim to claw back after Trump’s infamous “Liberation Day.” On April 2, he unleashed a monstrous 10% tax on all exports and aimed for a mind-blowing 145% tariff on Chinese goods! Investors panicked, sending stocks plummeting amidst fears of a full-blown trade war!
TRUMP VS. XI: THE HIGH-STAKES GAME OF TARIFFS!
Meanwhile, China’s Xi Jinping retaliated like a heavyweight champion, rolling out their own tariffs. But wait – Trump has been hinting darkly that these taxes on China will “come down substantially.” Are secret negotiations taking place? Chinese officials say NO, but they have quietly exempted some U.S. imports from their own tariffs. What’s REALLY happening behind the scenes?!
FED WATCH: TRUMP’S SHOCK AND AWE CAMPAIGN CONTINUES!
The markets are on high alert as Trump rages against Jerome Powell, the Fed chair, for not slashing interest rates fast enough. In a shocking twist, just last week, he even toyed with the idea of firing Powell! A direct assault on the Fed’s independence? Unbelievable! But fear not – Trump has since backpedaled, saying he has “no intention” of making such a drastic move.
Stay tuned, because this financial drama is just heating up! Keep your eyes peeled for every twist and turn as President Trump and Wall Street face off in this high-stakes game!
photo credit: fortune.com
