Live Stocks are getting hit again as Trump lashes out at the Fed and Powell. See the latest. Dubai • AED Emaar Development PJSC (EMAARDEV.AE) Follow Compare 11.50 -0.05 (-0.43%) At close: 2:58:01 PM GMT+4 Related News Former Intel CEO on Nvidia: You have to be 10x better to dethrone the king Closing the gap with the AI chip leader won't be easy. Stock market today: Dow sinks 1,100 points, S&P 500, Nasdaq tank with Trump's tariffs, Powell bashing in focus Investors prepared for another week of developments on President Trump's fast-moving tariff policies and for the kickoff of Big Tech earnings reports. Google, Meta antitrust: Fmr. CFPB director explains what's next Meta Platforms (META) and Alphabet's (GOOG, GOOGL) Google face ongoing cases with antitrust regulators in the US. Former commissioner of the Federal Trade Commission (FTC) and former director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra, joins Morning Brief with Brad Smith and Madison Mills to discuss the antitrust cases. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Dow losses steepen after Trump lashes out at Powell again Here are some of the stories driving the market action. All three of the major indexes (^DJI, ^GSPC, ^IXIC) saw their losses steepen after President Trump again aired his dissatisfaction with Federal Reserve Chairman Jerome Powell Two stocks in focus this week are Tesla (TSLA) and Google-parent Alphabet (GOOG, GOOGL), both of which are set to report their latest quarterly results. Nvidia (NVDA) shares are falling following a Reuters report that Huawei is preparing to ship AI chips that will help Chinese companies work around curbs on Nvidia chips. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Amazon stock falls as Raymond James downgrades shares, citing tariff headwinds and 'limited' AI monetization Amazon shares fell as much as 4% Monday after Raymond James downgraded the stock to an Overperform rating from a Strong Buy. Tesla must do these 3 on its earnings call, or else You can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. With all due respect to JPMorgan (JPM) and Netflix (NFLX), the most important earnings report of the early earnings season will come on Tuesday by way of embattled Tesla (TSLA). The EV maker’s stock has been run over since President Trump’s Jan. 20 inauguration day, plunging 43%. It’s not hard to find reasons for the tanking. The public’s rebuke of DOGE master and Trump supporter Elon Musk has translated into falling sales. Meanwhile, Trump’s 145% tariffs on China risk Tesla getting the parts it needs to profitably grow a business like the Cybercab while also operating successfully in the country. “The turnaround vision must start this Tuesday night on the earnings conference call for Musk and Tesla,” tech analyst Dan Ives says. Here are three things that Musk must do on the earnings call to begin rebuilding investors' sentiment in the stock: Government exit timeline: Musk must tell investors when he plans to exit his DOGE role and get back to 100% focus on Tesla. Tariff impact: Musk (or other execs on the earnings call) must clearly quantify the financial impact of Trump’s tariffs on Tesla’s business. Turning Tesla around: Musk must articulate the turnaround plan for Tesla. Whether he likes it not, Tesla is now a turnaround story in the eyes of investors. The company may not be bloated cost-wise like typical turnarounds, but Musk has a lot to fix to get the top line back on track. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms Nvidia vs. Huawei, TSMC, Capital One & Discover: Trending Tickers Brad Smith and Madison Mills explore some of today's trending tickers. Huawei is shipping its new artificial intelligence (AI) chips, according to Reuters, as Chinese companies look for alternatives to Nvidia (NVDA) amid Trump's trade restrictions. Taiwan Semiconductor Manufacturing Company (TSM) warns of challenges tied to US export control efforts. Capital One's (COF) $35 billion merger deal with Discover (DFS) was approved by banking regulators. The deal is expected to close in May. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Apple may have a key problem bringing back manufacturing to beat Trump tariffs, former Intel CEO warns It won't be so easy to build US manufacturing if you are Apple, warns Intel's former CEO. Tesla, Alphabet highlight earnings rush as tariff fallout drives markets: What to know this week More than 100 S&P 500 companies are set to report earnings as the market looks to find footing as the fallout from President Trump's tariffs has sent stocks into a tailspin. Who could replace Jay Powell as Fed chair — whenever it happens The perceived favorite to replace Jerome Powell at the Fed, whenever that happens, is former Fed governor Kevin Warsh, who predicted the Fed would try to blame high inflation on President Trump. Why Shares of Tesla Are Falling Ahead of Elon Musk's Big Day Shares of electric vehicle (EV) maker Tesla (NASDAQ: TSLA) were trading about 7% lower as of 1:03 p.m. ET Monday. 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Jeff Smith is arguably the “most feared man” in corporate America, having […] Tesla Sinks 7% Ahead of Q1 Earnings on Robotax, Analysts Cut Forecasts Tesla Stock Leads S&P 500 Decliners Ahead of High-Stakes Earnings Call Stocks and Dollar Slump Amid Fed, Tariff Rhetoric: Markets Wrap (Bloomberg) -- A selloff in US assets deepened as President Donald Trump stepped up criticism of Jerome Powell on social media, with stocks, the dollar and longer-dated Treasuries sliding amid concerns about the Federal Reserve’s future independence.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Administration Takes Over New York Penn Station RevampDOGE Places Entire Staff of Federal Homelessness Agency on LeaveNashville’s $3 Billion Transit Pla Trump vs. Powell Just Triggered a Market Earthquake--And Tesla Is Caught in the Crossfire Stocks plunge, gold hits record highs, and investors brace for chaos as Fed independence faces its biggest threat in decades. The Dow plunges 1,000 points and the Nasdaq reels as Trump attacks Powell again U.S. stocks dropped sharply on Monday, continuing a volatile stretch for Wall Street as geopolitical tensions, earnings anxiety, and Fed uncertainty collide. Performance Overview Trailing total returns as of 4/21/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) Return EMAARDEV.AE MSCI WORLD (^990100-USD-STRD) YTD -11.34% -8.50% 1-Year +51.37% +4.52% 3-Year +177.73% +13.63%