Tesla Stock Plunges. It Has to Do With China. 
 

President Donald Trump's trade war enters a new phase: Retaliation. Tesla is getting caught in the crossfire.

 
Semiconductor Sector Under Pressure After China Counters in Trump's Tariff War 
 

Shares of Nvidia and other semiconductor companies slid amid a flurry of tariffs between the U.S. and Asian countries that could subdue electronics demand and hinder Big Tech's artificial-intelligence infrastructure buildout.

 
Tariff Turmoil Freezes the U.S. IPO Market 
 

StubHub and Klarna are postponing their IPO roadshows and Chime is delaying plans.

 
Nintendo Delays Switch 2 Preorders in U.S. to Assess Impact of Trump's Tariffs 
 

The Switch 2 will be coming on June 5, starting at $449.99.

 
Nike and Lululemon Bet Big on Vietnam. They Bet Wrong. 
 

Trump's new tariffs are forcing U.S. apparel and shoe makers to scour the world for new places to manufacture.

 
Brookfield Buys Colonial Enterprises for $9 Billion 
 

The equity investment in the oil-pipeline firm will be around $500 million, Brookfield said. The agreement includes buying Shell's 16.125% stake in the business.

 
GameStop Stock Spikes After CEO Buys More Shares 
 

Videogame retailer and meme stock CEO Ryan Cohen bought 500,000 shares at $21.55 a share, according to regulatory filings.

 
Activist Elliott Names Nominees for Phillips 66 Board Amid Proxy Fight 
 

Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66' board of directors, in a move that comes shortly after it sued the oil refiner and its board for seat changes.

 
AppLovin Confirms Indication of Interest in TikTok Purchase 
 

The Trump administration's deadline to sell or shut down TikTok is Saturday.

 
What Musk Leaving DOGE Would Mean for Tesla Stock 
 

Investors have worried for weeks the chief executive's political activities have been hurting the EV maker's brand.

(END) Dow Jones Newswires

April 04, 2025 13:00 ET (17:00 GMT)

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