Live Stocks are rallying as Trump eased fears over China tariffs and Powell. See the latest. NYSE - Nasdaq Real Time Price • USD Noble Corporation plc WT (NE-WT) Follow Add holdings 12.11 -0.99 (-7.56%) As of 12:19:06 PM EDT. Market Open. Related News Stock market today: Dow, S&P 500, Nasdaq rally as Trump softens stance on Powell, China tariffs US stocks jumped after President Trump said he has "no intention" of firing Federal Reserve Chair Jerome Powell, easing fears on Wall Street that the central bank's independence was under threat. Big Tech earnings kick off as tariff uncertainty continues to roil markets Big Tech is preparing for its first earnings since Trump launched his global trade war. Tesla stock jumps, Boeing earnings beat, Adobe partners with NFL As part of today's Market Minute, Madison Mills recaps some of the trending stories of the trading session. Tesla (TSLA) stock jumps despite the company's earnings miss after CEO Elon Musk told investors he would dedicate less time to his work in US President Trump's second administration starting in May. Boeing (BA) stock rises after the company's first quarter earnings report beat Wall Street's expectations. Adobe (ADBE) partners with the NFL to bring NFL-themed templates to Adobe Express. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Tesla's narrative vs. fundamentals: How to evaluate the stock Despite Tesla's (TSLA) first quarter earnings missing estimates on the top and bottom lines, Barclays senior autos analyst Dan Levy says the results were "net positive" for the stock. Levy joins Morning Brief with Madison Mills and Brad Smith to explain how he's weighing the potential of the Tesla narrative with the company's weak fundamentals, comparing sentiment around the stock to that of bitcoin (BTC-USD). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Intel stock surges as chipmaker reportedly plans to cut 20% of workforce Intel stock rallied early Wednesday following a report that said the company is preparing to cut up to 20% of its workforce. Has the stock market fully priced in a recession? Recent recessions have seen bigger declines in the S&P 500. Elon Musk finally acknowledged what must be done to rescue Tesla You can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. Elon Musk wasted no time on Tesla’s (TSLA) earnings call late Tuesday acknowledging the EV maker’s biggest roadblock to sunnier financial days. That is his outsized time being spent at President Trump’s controversial DOGE master. And he finally clearly articulated what must be done to jumpstart an automaker that saw sales and profits fall off a cliff in the first quarter. “Starting early next month, in May, my time allocation to DOGE will drop considerably," Musk said on the call. The path to renewed sales and profit growth won’t be easy, however. The Tesla brand will likely continue to feel blowback from Musk’s outspokenness on government policies. At the same time, tariff policy stands to hammer margins given Tesla’s exposure to solar panels from China and autos being made outside the US. The uncertainty on how quickly Musk can fix Tesla is something execs pointed to on the earnings release — Tesla yanked its 2025 financial guidance, promising to revisit it when second quarter results hit. 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 A more 'mindful' Elon Musk looks to save Tesla: What Wall Street is saying Tesla had a rough quarter, but the earnings call had one key surprise. Sec. Bessent speech, Boeing earnings, housing data: What to Watch Market Domination anchor Julie Hyman outlines stories to watch on Wednesday, April 23. Treasury Secretary Scott Bessent will be speaking at the IIF Global Outlook Forum. A big batch of earnings will be published, including from Boeing (BA), IBM (IBM), AT&T, (T) and Chipotle (CMG). Several Federal Reserve officials will be providing commentary, including from Fed governor Christopher Waller, Chicago Fed president Austan Goolsbee, and Cleveland Fed president Beth Hammack. March new home sales data will be released in the morning, with economists forecasting a rise in sales to 684,000. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Why Tesla's 'best days are behind it' if nothing changes Tesla's (TSLA) first quarter revenue and earnings fell short. The electric vehicle (EV) giant has struggled as CEO Elon Musk shifted focus toward his controversial work in US President Trump's second administration. Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber tells Julie Hyman and Yahoo Finance Head of News Myles Udland that Tesla has turned from a "massive growth story" to "a very mature EV maker with a CEO who doesn't work there." Watch the video above to hear more. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This analyst downgraded Amazon ahead of Q1 earnings. Here's why. Raymond James downgraded Amazon (AMZN) to Outperform from Strong Buy and cut their price target for the stock to $195 from $275, citing tariff headwinds and risks associated with artificial intelligence (AI) spending. The analyst behind the note, Raymond James equity research managing director Josh Beck, joins Julie Hyman on Market Domination to explain the downgrade. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Stock market today: Dow gains 1,000 points, S&P 500 and Nasdaq gain over 2.5% on signs of tariff progress US stocks recovered some losses on Tuesday after a bruising start to the week, marked by renewed criticism of Federal Reserve Chair Jerome Powell by President Trump. Why Amazon Stock Is Bouncing Up Today Shares of e-commerce giant Amazon (NASDAQ: AMZN) spiked today on news that President Donald Trump's administration is willing to ratchet down its trade war with China. Specifically, The Wall Street Journal is reporting the administration may cut import tariff on goods from China by more than half. Treasury Secretary Scott Bessent's comments today that there "will be a de-escalation" between China and the U.S. also helped send stocks soaring. Why Intel Stock Is Jumping Today Intel (NASDAQ: INTC) stock is roaring higher in Wednesday trading thanks to a combination of bullish catalysts. The stock market is jumping thanks to news that the Trump administration is interested in lowering tariffs on China and reducing trade war tensions, and Intel is a getting a significant valuation boost from the trend. Recent comments from President Donald Trump, Treasury Secretary Scott Bessent, and White House press secretary Karoline Leavitt suggest that the administration is interested in making a trade deal with China that will significantly lower tariffs on the country's goods. Tesla exec cancels Rome conference trip over security concerns ROME (Reuters) -A Tesla senior executive has cancelled her attendance at a conference in Rome over fears of protests surrounding the carmaker in response to CEO Elon Musk's right-wing activism. Tesla cars, infrastructure and offices have recently become targets of vandalism in several countries, including Italy. Samantha Harris, Tesla's Global Sustainability Lead, had been due to speak at Regenerative Futures, a conference planned in Rome for May 16-17 by the European Institute of Innovation for Sustainability (EIIS). Uncertain Outlook Likely to Keep Weighing on Boeing (BA), Investor Says The “cloudiness of forecasts” for Boeing (BA) is likely to keep weighing on BA stock going forward, said Dave Mazza, the CEO of Roundhill Investments, on the Schwab Network recently. Specifically, the uncertainty of the outcome of trade battle between the U.S. and China, along with worries about the economy and doubts about the firm’s […] Tesla (TSLA) Is Far Behind in the Autonomous-Vehicle Race, Former TSLA Executive Says Tesla (TSLA) is “a few years” behind “many players” when it comes to self-driving technology, said Karim Bousta, the automaker’s former Vice President of Worldwide Service and Customer Experience. Moreover, Bousta believes that, in general, Tesla is facing “huge challenges.” Today Bousta is the partner and co-founder of venture capital firm DVX. What Tesla Must […] Amundi Says Clients Are ‘Massively’ Repositioning Into Europe (Bloomberg) -- Amundi SA says it’s seeing a major reallocation as clients pull away from the US and pile into European funds in response to the market upheaval triggered by tariff wars.Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About MoneyWhy Car YouTuber Matt Farah Is Fighting for Walkable CitiesBackyard Micro-Flats Aim to Ease South Africa’s Housing Cri Here's Why Data Center Equipment Company Vertiv's Stock Soared Today Nvidia partner Vertiv's (NYSE: VRT) stock rose by as much as 21% in early morning trading as the company's first-quarter earnings report confirmed that there's nothing wrong with demand for data center equipment. The report contained plenty of positives, and Vertiv continues to offer investors an excellent way to get exposure to AI-led demand for data center capacity. The two major pluses from the earnings report this morning were the hike in full-year sales guidance and the return to impressive yearly order growth. Fubo shares dip on reported DOJ probe into Disney deal Investing.com -- Shares of Fubotv Inc (NYSE:FUBO) fell 3.8% after Bloomberg reported that the U.S. Department of Justice (DOJ) is investigating Walt Disney Company’s (NYSE:DIS) acquisition of a controlling stake in the streaming company. The probe is centered on concerns that the deal could lead to undue market concentration in the sports streaming sector.