THE LATEST Trump says tariffs on Canada, Mexico will go forward on Tuesday ASX - Delayed Quote • AUD MEC Resources Limited (MMR.AX) Follow Compare 0.0040 0.0000 (0.00%) At close: March 3 at 10:04:42 AM GMT+11 Related News Small caps are not the place to 'hide' right now Strategas Securities managing director of investment strategy Ryan Grabinski joins Market Domination Overtime to assess small-cap investment prospects as President Trump's sweeping trade strategy prepares to take effect tonight at midnight on March 4. Grabinski challenges current market (^DJI, ^IXIC, ^GSPC) expectations by pointing to historical precedent: During Trump's 2018 tariff implementation, small caps failed to deliver the outperformance many investors are now anticipating under this new trade regime. "It's hard for me to get on board with [small caps] now," he explains to Yahoo Finance. While acknowledging that small-caps are projected to outpace larger companies in earnings growth during the year's second half, he cautions that "they're not going to have the same boost they saw in 2017 to 2021 ... it's not exactly a great place to hide." Instead of betting on small caps, Grabinski recommends thinking about "industries that could actually benefit from the tariffs." He specifically highlights the insurance and utilities sectors as attractive investment opportunities. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith Okta soaring on Q4 earnings beat, guidance numbers Okta (OKTA) shares jump by over 10% in Monday's extended hours as the software company posted its fourth quarter earnings results, reporting $682 million in revenue (vs. forecasts of $670 million) and adjusted earnings of $0.78 per share (vs. forecasts of $0.74). Julie Hyman and Josh Lipton dive deeper into Okta's latest earnings and guidance beats. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan. Trump, TSMC announce $100 billion investment in US chip manufacturing President Donald Trump and TSMC announced Monday that the Taiwanese chip manufacturer will invest at least $100 billion in its US manufacturing capabilities "over the next short period of time," bringing company's total investment in the US to $165 billion. Okta CEO on Q4 earnings beat, what's driving business Cybersecurity player Okta (OKTA) is ending its reporting year on a high note. Fourth-quarter sales rose 13% from the prior year amid healthy demand for cybersecurity services. Adjusted earnings beat analyst estimates by four cents per share. For 2025, the company targets double-digit percentage profit growth despite economic pressures on small to medium-sized businesses. Yahoo Finance executive editor Brian Sozzi chats with Okta co-founder and CEO Todd McKinnon about the quarter and road ahead. McKinnon co-founded Okta in 2009 alongside Frederic Kerrest. Today, the company’s market cap stands at more than $15 billion. The company has ambitious innovation goals in identity management, a key plank in corporate tech stacks as AI agents begin to run amok. McKinnon reveals his plans to keep companies safe in the age of AI, and a host of leadership lessons some 16 years into his CEO journey. 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 Rachael Lewis-Krisky. Crypto rally fades despite Trump's new promises about a US reserve A rally in digital assets faded Monday despite new promises from Donald Trump about a US strategic reserve of cryptocurrencies. TSMC to invest $100B in US chip manufacturing: WSJ Taiwan Semiconductor Manufacturing Company (TSM) is reportedly preparing to invest approximately $100 billion in US chip manufacturing plants over the next four years. According to the Wall Street Journal, President Donald Trump is expected to announce the plan's full details Monday afternoon. Catalysts co-hosts Madison Mills and Seana Smith break down the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Trump announces new US strategic crypto reserve: What to know President Donald Trump took to Truth Social to announce a new US strategic cryptocurrency reserve that will include digital assets such as ethereum (ETH-USD), Solana (SOL-USD), XRP (XRP-USD), cardano (ADA-USD), and, of course, bitcoin (BTC-USD). Yahoo Finance host Josh Lipton examines what this means for investors and the broader cryptocurrency market, analyzing how Wall Street is responding to this announcement. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Ray Dalio: Debt crisis could cause 'economic heart attack' for US economy in the next 3 years Billionaire hedge fund manager Ray Dalio believes the US economy is at a critical inflection point as the debt situation becomes more dire. Retail expert talks Trump tariffs: 'The sky is not falling' Major retailers like Best Buy (BBY), Target (TGT), Macy's (M), and Costco Wholesale (COST) are preparing to release their latest earnings results throughout this trading week. While consumer spending fell by 0.2% in the month of January and the latest January inflation data came in line with expectations, what kind of picture is this painting for the retail sector? Read up on Yahoo Finance's coverage of the consumer boycott of major brands and companies in protest of DEI rollbacks. Storch Advisors CEO Gerald "Jerry" Storch sits down with the Morning Brief team to discuss how holiday shopping trends will materialize in this latest batch of retailer earnings and how the Trump administration's wave of tariffs could affect the sector as a whole. "I will say my own belief is that the sky is not falling," Storch, who previously served as the chief executive of both Toys R Us and Hudson's Bay, says on President Trump's tariff policies. "When we look at the tariffs that President Trump imposed in his first term, they didn't have kind of a draconian effect on the categories or affected on the or on the economy as a whole. And there were some fairly significant tariffs during that period. But what we saw is most of the costs were indeed sort of muted through negotiations with suppliers." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. 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. Tariffs & jobs data, retail earnings, crypto reserve: 3 Things US stock futures (ES=F, NQ=F, YM=F) are moving higher in Monday's pre-market trading of March as Wall Street anticipates the February jobs report due out this Friday and braces for President Trump's tariffs against Canada, Mexico, and China to take effect. Major retailers Target (TGT), Costco (COST), Abercrombie & Fitch (ANF), and more are set to post their latest earnings results throughout this week. After bitcoin (BTC-USD) soared back above $90,000 over the weekend, Trump gave a new statement on the coins that will be included in the US strategic crypto reserve. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. 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. Nvidia-Backed CoreWeave Files for IPO, Revealing Growing Revenue (Bloomberg) -- CoreWeave, a cloud-computing provider that’s one of the hottest startups in artificial intelligence, filed for an initial public offering disclosing rapidly growing revenue.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Spo Okta: Solid Beat, Even Better Guidance Enterprise-scale customers are plumping up the bottom line. TG Therapeutics soared 17% after earnings surprise Here’s what happened to TG Therapeutics. Okta delivers upbeat guidance, better-than-expected Q4 results; shares jump Invesitng.com -- Okta on Monday delivered upbeat guidance following fourth-quarter results that topped Wall Street estimates amid growing cybersecurity demand. Wall Street Selloff Intensifies Amid Tariff Fears; Nvidia Slumps US benchmark equity indexes lost more ground after President Donald Trump reiterated that the propos Why Nokia Rallied Even on a Terrible Day for Tech Stocks Shares of Nokia (NYSE: NOK) rallied 4.4% on Monday, despite the Nasdaq Composite (NASDAQINDEX: ^IXIC) plunging 2.64% today, with many tech hardware stocks dropping much more than that. How did Nokia defy the odds? The company announced a partnership between itself, Verizon, and Lockheed Martin. GitLab beats Q4 profit estimates, shares down on annual outlook Investing.com -- Gitlab Inc (NASDAQ:GTLB) reported fourth-quarter earnings above Wall Street expectations on Monday, but its full-year profit forecast fell short of estimates, sending shares down 3.2% in extended trading. Performance Overview Trailing total returns as of 3/3/2025, which may include dividends or other distributions. Benchmark is S&P/ASX 200 [XJO] Return MMR.AX S&P/ASX 200 [XJO] YTD -20.00% +1.06% 1-Year 0.00% +6.59% 3-Year 0.00% +15.96%