📈 Stocks / Finance

Tesla rebounds 5% despite worst delivery quarter since 2022

Yahoo Finance

Tesla stock surged 5.3% after early losses tied to a Q1 delivery miss of 336,681 units vs. 390,342 est. Shares reversed on reports Elon Musk will scale back his Trump admin role. EU registrations plunged up to 65%, as political controversies weighed on brand sentiment.

Palantir poised to land major Army contract, says analyst

Investor’s Business Daily

Palantir is expected to win a U.S. Army NGC2 contract with L3Harris and Anduril, potentially adding $100M in ARR. Shares rose over 1% to 86.26 but remain down 30% from February highs. The deal could rival Palantir’s Maven and Vantage projects in scale.

Markets rattle as Trump announces sweeping tariffs

Reuters

S&P 500 futures fell 1.6% and Nasdaq futures 2.4% after Trump unveiled tariffs up to 34% on key trading partners. Gold hit $3,130/oz on safe-haven demand. Treasury yields dipped while the dollar slid, as investors brace for potential retaliation and global economic drag.

🪙 Crypto

BlocScale Seed Sale Sparks XRP Ecosystem Frenzy

Global Newswire

$BLOC, the native token of XRP’s first IDO launchpad BlocScale, saw over 20% of its seed allocation sold in days. Priced at 1 XRP = 50 $BLOC, the project taps into rising demand for asset tokenization, drawing significant whale interest and marking a first-mover play on XRPL.

🌎 Global Economy

Trump’s reciprocal tariffs escalate global trade tensions

The Business Standard 

Trump’s plan to impose reciprocal tariffs threatens decades of trade liberalization, alarming markets and businesses. With 20% duties already on Chinese goods and $150B in imports affected, the move could raise U.S. household costs and push global economies toward recession.