Gold Tops Bitcoin As Inflation Hedge; Metals Exempt From Trump Tariffs As White House Eyes Industry Boost; Chinese Tech Giants Order $16B In Nvidia Chips Amid AI Boom ? Top Headlines While The US Slept

BY Benzinga | ECONOMIC | 04/03/25 10:36 AM EDT

US Markets???????

  • Trump’s ‘Reign Of Tariffs’ Unleashes ‘D-Day On Wall Street,’ Analyst Warns Of Stagflation Risk
  • US Stocks Likely To Open Lower Following Trump’s Tariffs: ‘Worse Than The Worst Case Scenario,’ Says Analyst
  • Dow Jumps Over 200 Points As Tesla Surges Over 5%: Investor Sentiment Improves, But Greed Index Remains In ‘Extreme Fear’ Zone
  • Wall Street Worries Mount As Bearish Sentiment Hits Highest Level Since 2009 Amid Trump’s Tariffs

Crypto

  • FDUSD Issuer Assures Funds Are Backed 1:1, To Pursue Legal Action After Justin Sun’s Allegations Send Stablecoin Below $1
  • Bitcoin Reeling From Trump’s ‘Liberation Day’ Shock But These Gold-Backed Coins Are Killing It This Year
  • Dogecoin Dropped 16% In A Week, Time To Grab Some? Analyst Says Meme King At A ‘Make-Or-Break’ Level

US Politics

  • Metals Avoid Trump’s Reciprocal Tariffs, White House Expects Domestic Industry Tailwinds
  • Ray Dalio Warns Of ‘Abrupt, Unconventional Changes’ In Markets: Here’s How The ‘Tariff Machine’ Affects Currency, Monetary And Fiscal Policies
  • Elon Musk, White House Deny Reports Of Tesla CEO’s Early Exit From Trump Team

World Politics

  • Trump Imposes Tariffs On Uninhabited Islands And Remote Locations: World Bank Data Raises Questions

US Economy

  • Trump Tariffs Could Cost $30 Trillion Or About $300,000 Per Family, Says Former Treasury Secretary Larry Summers: ‘Most Expensive And Masochistic
  • Trump’s ‘Reciprocal Tariff’ Plan Hits Market Confidence As Dow Futures Drops Over 830 Points
  • Trump’s Sweeping Tariffs Could Cost US $20 Trillion, Crash Markets Warn Economists: ‘Monstrously Destructive’
  • Trump Tariffs To ‘Plug The Hole’ For Income Tax Cuts To Come: Economists Predict What More Could Be Expected
  • Gold Overtaking Bitcoin In Inflation Hedge Strategy, JPMorgan Says

World Economy

  • Global Markets Rattle With Trump’s Tariff, Dollar Weakens, Oil Tanks – Global Markets Today While US Slept
  • Larry Summers Warns Trump’s Tariffs Will Deliver ‘Oil Crisis-Like Shock,’ Slash $30 Trillion From Economy As Markets Plunge
  • Trump’s ‘Reciprocal Tariff’ Math: A Masterclass In Economic Absurdity
  • Trump Unveils Massive Tariff Plan to Slash $1.2 Trillion Trade Deficit: ‘Access To The American Market Is A Privilege’
  • Trump’s ‘Liberation Day’ Tariffs Roil Markets As China Slams ‘Typical Unilateral Bullying:’ Asian Markets Plunge

Tech

  • Google In Talks To Rent Nvidia’s Blackwell Chips From CoreWeave: Report
  • Meta, AMD, Apple, AT&T Among Biggest US Tech Giants That ‘May Suffer The Most’ As Tariffs Spark Trade Turmoil: Here’s Why
  • UFC Picks Mark Zuckerberg’s Meta As Official Technology Partner, Joins Forces To Revolutionize Fan Engagement: ‘Smart Glasses Could Be The Next Computing Platform’
  • ByteDance, Alibaba, And Tencent Order $16 Billion Worth Of Nvidia’s H20 Chips As Demand Surges For DeepSeek’s Low-Cost AI Models: Report     
  • Mark Zuckerberg-Led Meta Set To Face ‘Truth’ At Senate Hearing Over China Operations And Communist Party Censorship Efforts
  • RxSight Warns On FY25 Revenue As Premium Cataract Market Faces Headwinds, Stock Plunges
  • ViaSat Lands Deal With Riyadh Air To Deliver In-Flight Wi-Fi And Entertainment
  • Mozilla’s Thunderbird Evolves With Thundermail And Pro Features To Compete With Gmail, Microsoft 365 In The Email Wars
  • JPMorgan Says Broadcom, Marvell Could Dominate AI’s Next Frontier ? Here’s Why
  • Alibaba Steps Up AI Game With Qwen 3, Challenging DeepSeek’s Low-Cost AI Success
  • Pony AI Teams Up With Luxembourg Transit Giant to Launch Level 4 Autonomous Vehicle Trials

Electric Vehicle

  • Tesla Rival Lucid Raises $1 Billion Via Convertible Debt To Refinance 2026 Notes And Boost Financial Flexibility
  • Tesla Brand Won’t Suffer From Elon Musk’s ‘Antics,’ Says Analyst Despite Delivery Miss, 8% Stock Drop In After-Hours Trading
  • Lucid Stock Is Hitting The Brakes Thursday: What’s Driving The Action?

Consumer

  • Act II Popcorn Maker Conagra Brands Q3 Profit Falls As Supply Constraints Bite

Communication

  • OnlyFans Founder’s Startup And HBAR Foundation Enter Race To Acquire Tiktok To Maintain ‘American Ownership And Governance
  • Netflix Rolls Out Enhanced Subtitle & Dubbing Options On TV

Industrial

  • MSC Industrial Delivers Mixed Q2: Sales Slide, EPS Tops Estimates, Outlook Remains Cautious
  • RPM Snaps Up The Pink Stuff Maker To Supercharge Global Cleaning Game
  • Acuity Brands Q2 Earnings: Tops EPS Estimates, Intelligent Spaces Sales Surge Over 150%, Grows Margins, EBITDA Despite Cash Flow Decline And Sales Miss

Healthcare

  • Biopharma: A ‘Safe Haven’ As Tariff Turmoil Rages On?
  • FTC Pauses Lawsuit Against CVS, Cigna, UnitedHealth’s PBMs Amid Commissioner Shortage

Financial

  • What’s Going On With Visa Stock?
  • What’s Going On With Bank Of America (BAC) Shares
  • BlackRock CEO Larry Fink Urges Investors To Move Over 60/40 Model To 50/30/20 Strategy: ‘…May No Longer Fully Represent True Diversification

General

  • Vinod Khosla Was An Early Investor In OpenAI But He’s No Fan Of Founder-Friendly Venture Capitalism: ‘I Hate The Culture’

Space

  • Jeff Bezos’ Amazon To Launch Kuiper Internet Satellites On April 9, Taking On Elon Musk’s Starlink

Energy

  • BP’s Cypre Gas Project Goes Live, Boosting Upstream Growth Plans

Photo via Shutterstock

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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