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STOCK MARKET CHAOS: TRUMP’S TRADE THREATS CRASH WALL STREET!
PCE DATA AND NVIDIA EARNINGS DOMINATE DISTRESSED TRADING WEEK!
Investors are bracing for an explosive week packed with PCE inflation data, Fed minutes, and thrilling earnings from tech titan Nvidia! But be warned, the stock markets took a nosedive last Friday after President Trump unleashed a torrent of trade threats, proposing a staggering 50% tariff on all European goods and even a whopping 25% tariff on ALL iPhones manufactured abroad!
The result? Wall Street closed in the red, with the S&P 500 plunging 2.5%, the Dow Jones sinking by 2.6%, and the tech-heavy NASDAQ dropping 2.5%. Small-cap stocks got hit the hardest, cratering a mind-blowing 3.5%!
SLAMMED! STOCKS RISE AND FALL AS TRUMP’S WAR ON TRADE ESCALATES!
As markets close for the Memorial Day holiday, investors are scrambling to decipher the economic outlook amid Trump’s unfurling trade war. The anticipation is palpable for Friday’s core PCE price index, the Fed’s go-to gauge for inflation, plus the crucial minutes from the May FOMC meeting—get ready for some shocking revelations!
NVIDIA IN THE SPOTLIGHT: COULD IT SOAR OR SINK?
In corporate news, Nvidia is the stock to watch as the Q1 earnings season wraps up! Set to release results after the market closes on Wednesday, Nvidia has captured the fervent attention of traders with expectations of another blockbuster report. Projections show earnings of $0.73 per share and jaw-dropping revenue soaring an incredible 66% to $43.2 billion!
Investors are licking their chops over CEO Jensen Huang’s upcoming call scheduled for 5:00 PM ET. Analysts are on high alert for insights into the unstoppable demand for AI chips and signs of production improvements that could send shares soaring up to 7%!
KOHL’S IN TROUBLE: A STOCK TO DITCH IMMEDIATELY!
Meanwhile, Kohl’s is teetering on the brink of disaster! The department store chain is forecasted to report a catastrophic loss of -$0.46 per share! That’s a steep dive from last year’s already troubling figures and revenue is set to tank 11.5% to just $2.99 billion!
Kohl’s is stuck in a rut of discounting just to lure shoppers in, which is putting an axe to profit margins. With ominous inventory management issues and a retail landscape shifting under its feet, Kohl’s is a stock to get rid of NOW before it potentially crashes even further!
MARK YOUR CALENDARS: WALL STREET IS IN FOR A WILD RIDE!
Don’t miss out on this thrilling week as the stock market prepares for more drama, economic revelations, and gut-wrenching earnings surprises! Are you ready to surf the stock market waves or will you find yourself drowning in retail failures? Stay tuned and gear up for what’s set to be a tumultuous ride!
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