📈 Stocks / Finance

Trump Tariff Relief Boosts GM and Ford; Tesla Declines

Investor’s Business Daily

President Trump signaled temporary relief from 25% auto tariffs to aid U.S. automakers adjusting supply chains. GM and Ford stocks rose 2.9% and 4.2%, respectively, while Tesla fell 1.9%, deemed less impacted by the tariffs.

Netflix Targets $78B Revenue, $1T Valuation by 2030

Investopedia

Netflix shares rose over 5% after executives outlined plans to double revenue to $78B and reach a $1T market cap by 2030. Goals include $9B in ad sales and tripling operating income. NFLX is up ~60% YoY, with Q1 earnings due Thursday.

Markets Swing as Trade Uncertainty Persists

Yahoo Finance

U.S. stocks seesawed as renewed trade-war tensions and minimal EU-U.S. progress fueled investor caution. S&P 500 ended flat; bond yields fell. A BofA survey showed fund managers 'max bearish on macro,' but not fully de-risked, signaling potential downside.

🪙 Crypto

$110M in Ethereum Bets Signal Bearish Sentiment

DL News

Ethereum options traders have wagered $110M on a price drop below $1,800, with many targeting $1,300. ETH is down 47% since Eric Trump’s endorsement, with whales dumping holdings. Developer and user activity on the network have also sharply declined.

🌎 Global Economy

Goldman Warns Trade War Poses Global Economic Risks

Benzinga

Goldman Sachs warned of 'material risks to the U.S. and global economy' amid escalating trade tensions, citing growing client concern. The bank slashed U.S. growth forecasts from 2% to 0.5% as tariff uncertainty clouds the global outlook despite strong Q1 results.