LIVE Trump says tariffs on Canada, Mexico will go forward on Tuesday BSE • INR CP Capital Limited (CAREERP.BO) Follow Compare 320.50 +2.80 +(0.88%) At close: 3:19:47 PM GMT+5:30 Related News Morgan Stanley raises Tesla price target to $430, reiterates top pick as an AI, robotics play Morgan Stanley's Adam Jonas said Tesla is a top pick for the auto sector. Sunnova plummets over 60% amid solar industry challenges Shares of solar company Sunnova Energy International (NOVA) are plummeting by over 60% after the company warned of its uncertainty over whether it can stay in business or not, citing insufficient cash flows. Julie Hyman and Josh Lipton cover Sunnova's latest statement — issued alongside its fourth quarter results — and the solar sector's struggle under high interest rates, reduced demand, and political instability that threatens tax credit programs. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch Commentary: What Elon Musk’s critics are getting wrong Musk isn't running the government efficiency commission to secure a tax cut or some simple grift. There's a lot more to it. Markets brace for Trump's new tariffs taking effect at midnight Markets (^DJI, ^IXIC, ^GSPC) are preparing for President Donald Trump's latest round of tariffs, scheduled to take effect tonight at midnight on March 4. The sweeping trade strategy includes 25% tariffs on imports from Canada and Mexico, alongside an additional 10% tariff on Chinese goods. Yahoo Finance Washington Correspondent Ben Werschkul analyzes what investors can expect from these new trade measures and examines the rationale behind the president's implementation decisions. Werschkul particularly focuses on the surprising move against Canada, which Trump has reportedly characterized as a "51st state." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith TSMC pledges to spend $100B on US chip facilities Chipmaker TSMC said that it aims to invest "at least" $100 billion in chip manufacturing plants in the U.S. over the next four years as part of an effort to expand the company's network of semiconductor factories. President Donald Trump announced the news during a press conference Monday. TSMC's cash infusion will fund the construction of several new facilities in Arizona, C.C. Wei, chairman and CEO of TSMC, said during the briefing. "We are going to produce many AI chips [...] to support AI pro Market pullback an opportunity for investors to 'add to equities' Movements in market volatility are causing investors to rethink and reposition their investment portfolios. Wells Fargo Investment Institute global investment strategist Veronica Willis joins Wealth host Brad Smith to discuss how this environment is prompting many to make adjustments. "With this pullback that we've seen in equities (^GSPC, ^IXIC, ^DJI), it's a great opportunity for investors to have that chance to add to equities, again," Willis says. Investors with cash on the sidelines now have an opportunity to secure better valuations. Regarding shifts across sectors, she highlights that financials (XLF) "has certainly done really well. We also like industrials (XLI) right now. We like energy and we like communication services (XLC).” On the topic of inflation and tariffs, Willis discusses how these factors may impact the broader market: “If that inflation remains a little bit more elevated, we're not likely to see the Fed [Federal Reserve] cut a ton of times this year. Our base case is that the Fed is going to be able to cut rates once more this year, but that risk that they may just be on pause for a little bit longer than we're expecting is rising." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch No part of Amazon is 'unaffected' by AI, says its head of AGI “There's scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General Intelligence, on Monday at Mobile World Congress in Barcelona. He dismissed the idea that open-source models might reduce compute needs and deflected when asked whether European companies would change their generative AI strategies in light of geopolitical tensions with the US. Sharma said onstage at the startup conference that Amazon was now deploying AI through its own found Intel chip design, crypto moves, Chipotle: Market Minute Wealth host Brad Smith covers this morning's top moving stocks in this Market Minute. Intel shares (INTC) rise on reports of potential new customers, Nvidia (NVDA) and Broadcom (AVGO), who are test-running its 18a process according to Reuters Crypto-related stocks like Coinbase Global (COIN) and Strategy (MSTR) are up after President Trump’s announcement around the US strategic crypto reserve. Additionally, Chipotle Mexican Grille (CMG) shares rise following an upgrade from Morgan Stanley (MS), citing a new entry point for buyers amid challenges. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. This post was written by Josh Lynch Why is this week's economic data influencing stocks so much? February ISM data, particularly the surge in prices paid numbers, is currently driving market volatility. Yahoo Finance Senior Reporter Josh Schafer joins Catalysts anchors Seana Smith and Madison Mills to discuss how skittishness around inflation and economic growth is impacting stocks. While the Nasdaq Composite (^IXIC) shows losses despite earlier gains, concerns about economic data seem to outweigh tariff fears for now. Investors are focused on Friday's upcoming jobs report for clearer insights, as market reactions to current data remain volatile. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch Crypto stocks rally as Trump touts new strategic crypto reserve Crypto-related stocks, including Coinbase (COIN), Riot (RIOT), and Strategy (MSTR) — previously known as MicroStrategy — moved to the upside on Monday after President Donald Trump announced a strategic crypto reserve. The reserve will include digital assets such as bitcoin (BTC-USD), ethereum (ETH-USD), XRP (XRP-USD), Solana (SOL-USD), and Cardano (ADA-USD). Managing director of CoinDesk Indices Andy Baehr joins Morning Brief to discuss his outlook on the reserve. Baehr emphasizes that the digital assets beyond bitcoin mentioned for the reserve weren't "arbitrarily picked," though they were "a surprise" to investors. "It's a great step forward in the last of a series of very crypto-positive news in the United States," he says, though he cautions that all the details related to this reserve are "way in the future," describing this announcement as more of "an intent." While investors were primarily focused on bitcoin, Baehr believes the addition of other cryptocurrencies and indexing the crypto in the reserve was the right approach. He concludes, "It's very positive. A summit that goes beyond bitcoin shows that the United States, as the president said, wants to be the crypto capital of the world." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Trump, Zelensky meeting was a 'propaganda setup': Scaramucci A heated exchange between US President Donald Trump, Vice President JD Vance, and Ukrainian President Volodymyr Zelensky was a "propaganda setup," says SkyBridge founder Anthony Scaramucci, who briefly served as White House communications director in Trump's first administration. "It felt like a setup to me. It felt like they brought him in to rough him up like that, I guess, to humiliate him and get him to resign because he's a very strong leader... It was a propaganda setup, frankly." Watch the video above to hear more from Scaramucci on bitcoin (BTC-USD) prices and the impact of tariffs on the US economy as he speaks with Yahoo Finance Executive Editor Brian Sozzi at the Bitcoin Investor Week conference in New York. Also catch Brian Sozzi's full interviews with Professional Capital Management founder and CEO Anthony Pompliano, and Figure Markets founder and CEO Mike Cagney from the Bitcoin Investor Week conference To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Stephanie Mikulich. Why Tesla stock still has a fan in Cathie Wood Tesla still has a believer in Cathie Wood. Jobs report, crucial retail earnings kick off March trading for investors: What to know this week The February jobs report, earnings from Target and Costco, and a new round of tariffs set to take effect will highlight the week ahead for investors. How Wall Street pros are looking at fears over a US economy slowdown The stock market just capped off a rough month of February, leaving some on Wall Street expecting investors to grow more defensive in the weeks and months ahead. Why Intel Stock Sank After Surging Today Intel (NASDAQ: INTC) stock saw some big swings and closed the day in the red in a tough session for the tech sector. Intel initially defied market momentum and moved higher today thanks to a pair of bullish catalysts. In addition to reports that Nvidia and Broadcom are continuing to test one of the company's chip fabrication platforms, investors also thought that President Donald Trump could be making a big announcement about Intel and Taiwan Semiconductor Manufacturing (TSMC) today. How major US stock indexes fared Monday, 3/3/2025 A sell-off hit Wall Street after President Donald Trump said tariffs he had announced earlier on Canada and Mexico would take effect within hours. The S&P 500 dropped 1.8% Monday after Trump said there was no room left for negotiations that could lower tariffs set to begin Tuesday on Canadian and Mexican imports. That dashed Wall Street's hopes that Trump would choose a less painful path for global trade, and it followed the latest warning signal on the U.S. economy's strength. Why Artificial Intelligence Stocks Taiwan Semiconductor, Arista Networks, and Vertiv Holdings All Plunged Today Shares of artificial intelligence (AI) and AI-adjacent stocks such as Taiwan Semiconductor Manufacturing (NYSE: TSM), Arista Networks (NYSE: ANET), and Vertiv Holdings (NYSE: VRT) were all down big on Monday, falling 4.7%, 8.3%, and 10.5%, respectively, as of 3:52 p.m. ET. All of these stocks are tied to the artificial intelligence trade, and their moves are likely related to Nvidia, which was down around 9.8% at the same time. The large decline is likely due to a mix of broader economic factors around tomorrow's tariffs and their effects, industry-specific news items, and perhaps some company-specific news in the case of TSMC. Nvidia and Super Micro Computer stock plunge as a new probe over China raises concerns about tighter scrutiny Nvidia (NVDA), Super Micro Computer (SMCI), and Dell (DELL) shares plunged Monday after Singapore said it’s investigating whether servers shipped to Malaysia containing chips barred from China ended up in the mainland. TG Therapeutics, A New Leaderboard Stock, Skyrockets 14% On Sales Beat, Bullish Guide TG Therapeutics stock skyrocketed Monday after easily beating fourth-quarter sales expectations and issuing a bullish outlook for 2025. On The Hunt For Magnificent Earnings Growth? Check These 7 Stocks. None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth. Performance Overview Trailing total returns as of 3/3/2025, which may include dividends or other distributions. Benchmark is S&P BSE SENSEX Return CAREERP.BO S&P BSE SENSEX YTD -18.64% -6.47% 1-Year +26.37% -0.89% 3-Year +186.40% +32.64%