Trump, Tariff and Futures
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Elon Musk, Tesla and Donald Trump
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Investor's Business Daily on MSNNuclear Stock Oklo Receives Price Target Hike As Donald Trump Focuses On 'AI Revolution'Nuclear startup Oklo got a price target hike after soaring Wednesday on a government deal. Shares fell Thursday on a planned share offering.
1don MSN
In the days before President Donald Trump suddenly paused most of the punishing tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to thousands of dollars’ worth of stock transactions,
Oklo, a nuclear tech startup, saw its stock surge 29% on Wednesday. Shares closed at a record high of $68.03 a share, bringing the stock's year-to-date move to 220%. Why: The tech firm said it was issued a notice from the Defense Logistics Agency Energy to provide green power to the Eielson Air Force Base in Alaska.
Lawmakers and their families went big on stock trading when President Donald Trump unveiled his "Liberation Day" tariffs in April. Members of Congress and their families reportedly made hundreds of stock trades,
President Donald Trump threatened to cut Elon Musk’s government contracts as their fractured alliance rapidly escalated into a public feud Thursday. Shares of Musk’s electric vehicle maker Tesla started dropping right as Trump launched into his criticism of his former adviser.
Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.
U.S. Rep. Stacey Plaskett, a non-voting delegate representing the U.S. Virgin Islands, grilled Bessent during a House hearing on Wednesday after she noted that the stock market has dropped since President Donald Trump was sworn into office. Bessent interjected, telling her that she was “incorrect” before she ripped him for his interruption.
Musk attacked Trump directly over his signature spending bill for the first time Thursday, sparking an explosive back-and-forth.