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The Kobeissi Letter
BREAKING: The European Union announces that they are ready with "countermeasures" to President Trump's reciprocal tariffs. https://t.co/V8wTeXhff5
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BREAKING: The European Union announces that they are ready with "countermeasures" to President Trump's reciprocal tariffs. https://t.co/V8wTeXhff5
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The Kobeissi Letter
RT @TKL_Adam: It's not every day you see oil prices trading -8% lower.
Oil markets are pricing-in a recession and OPEC is hiking production into it.
That's one way to get inflation down... https://t.co/ExQRsfhrQY
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RT @TKL_Adam: It's not every day you see oil prices trading -8% lower.
Oil markets are pricing-in a recession and OPEC is hiking production into it.
That's one way to get inflation down... https://t.co/ExQRsfhrQY
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The Kobeissi Letter
TECH STOCKS TODAY:
1. AppLovin, $APP: -13%
2. Robinhood, $HOOD: -12%
3. Apple, $AAPL: -9%
4. Amazon, $AMZN: -9%
5. Tesla, $TSLA: -8%
6. Broadcom, $AVGO: -8%
7. Meta, $META: -8%
8. Nvidia, $NVDA: -7%
9. AMD, $AMD: -6%
10. Alphabet, $GOOGL: -4%
The S&P 500 has now erased over $2 TRILLION today and the Russell 2000 is in bear market territory.
The Nasdaq 100 is just 2% away from entering its first bear market since 2022.
Truly a historic day in the market.
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TECH STOCKS TODAY:
1. AppLovin, $APP: -13%
2. Robinhood, $HOOD: -12%
3. Apple, $AAPL: -9%
4. Amazon, $AMZN: -9%
5. Tesla, $TSLA: -8%
6. Broadcom, $AVGO: -8%
7. Meta, $META: -8%
8. Nvidia, $NVDA: -7%
9. AMD, $AMD: -6%
10. Alphabet, $GOOGL: -4%
The S&P 500 has now erased over $2 TRILLION today and the Russell 2000 is in bear market territory.
The Nasdaq 100 is just 2% away from entering its first bear market since 2022.
Truly a historic day in the market.
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The Kobeissi Letter
BREAKING: Canadian Prime Minister Carney says Canada will impose 25% tariffs on all vehicles imported from the U.S. that are not compliant with the USMCA trade deal.
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BREAKING: Canadian Prime Minister Carney says Canada will impose 25% tariffs on all vehicles imported from the U.S. that are not compliant with the USMCA trade deal.
We just witnessed history:
After "Liberation Day" tariffs, the weighted-average US tariff rate has jumped to a whopping 29%.
Not even the Smoot-Hawley Act during the 1930s Great Depression saw tariff rates this high.
Are you ready for what's next?
(a thread) https://t.co/kOLjN5xNnj tweet
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Quiver Quantitative
BREAKING: Canada just announced its response to the new US tariffs. https://t.co/xlxjy7g9hr
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BREAKING: Canada just announced its response to the new US tariffs. https://t.co/xlxjy7g9hr
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Quiver Quantitative
Senator Bernie Moreno just said:
"I would go out and buy stocks today...there's no reason that Apple stock should be down." https://t.co/WdeUYxyP4K
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Senator Bernie Moreno just said:
"I would go out and buy stocks today...there's no reason that Apple stock should be down." https://t.co/WdeUYxyP4K
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The All-In Podcast
Bryan Johnson lays out deceptive practices by the food industrial complex
@bryan_johnson:
"There was a law passed by California that said, 'Baby food providers have to disclose heavy metals in their foods.'"
"So it went into effect January 1. So we go to Gerber's website. I can't find heavy metals results anywhere."
"And then I realized, my VPN's on, and I'm coming from a server outside of California."
"They've IP blocked it to California only origination, and they hide it."
@friedberg:
"No way. Wow."
@Jason:
"These (companies) are nefarious."
Bryan:
"It's really not good."
Friedberg:
" The system needs to be challenged and whatever's left will get hardened and whatever shouldn't be there will get blasted away and that's it."
Jason:
"But you gotta name and shame."
"That's the thing that really pisses me off. You gotta name and shame in order for them to do what's right."
Thanks to our partners for making this happen:
-- @gemini: https://t.co/inOdTdXC9i
-- @function: https://t.co/j1Z6TZUJka (use gift code ALLIN100 for $100 off membership - limited to the first 1K listeners)
-- @niagenplus: https://t.co/n6kmd4PgAN
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Bryan Johnson lays out deceptive practices by the food industrial complex
@bryan_johnson:
"There was a law passed by California that said, 'Baby food providers have to disclose heavy metals in their foods.'"
"So it went into effect January 1. So we go to Gerber's website. I can't find heavy metals results anywhere."
"And then I realized, my VPN's on, and I'm coming from a server outside of California."
"They've IP blocked it to California only origination, and they hide it."
@friedberg:
"No way. Wow."
@Jason:
"These (companies) are nefarious."
Bryan:
"It's really not good."
Friedberg:
" The system needs to be challenged and whatever's left will get hardened and whatever shouldn't be there will get blasted away and that's it."
Jason:
"But you gotta name and shame."
"That's the thing that really pisses me off. You gotta name and shame in order for them to do what's right."
Thanks to our partners for making this happen:
-- @gemini: https://t.co/inOdTdXC9i
-- @function: https://t.co/j1Z6TZUJka (use gift code ALLIN100 for $100 off membership - limited to the first 1K listeners)
-- @niagenplus: https://t.co/n6kmd4PgAN
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