Markets
Luke Kawa

US stocks slip under weight of more potential tariffs

The S&P 500 ended the week on a soft note, weighed down by the threat of a widespread tariff hike. Remember, President Trump always raises tariffs (or TART, if you like).

The benchmark US stock index gave back 0.3%, the Nasdaq 100 fell 0.2%, and the Russell 2000 slumped 1.3%.

Crypto’s hot run continued, however, with bitcoin setting more records while ethereum eclipsed $3,000 for the first time since February.

Energy was the best-performing S&P 500 sector ETF, while 9 of 11 were negative with materials, healthcare, and financials faring the worst. Halliburton was atop the S&P 500 leaderboard, with PayPal at the bottom.

Levi’s rose double digits as its second-quarter earnings beat expectations and management boosted full-year earnings guidance.

Nio caught a big bid thanks to enthusiasm over the launch of its new Onvo SUV and a pickup in options activity.

And AMC soared as Wedbush Securities called the retail favorite a “buy” and raised its price target.

Ford dropped amid an inauspicious record: it already has the most safety recalls in a year for any automaker, and it’s still just July.

More Markets

See all Markets
Luke Kawa
23m
US gas prices exceed $3.50 per gallon for the first time since July 2024

Prediction markets no longer see $4 gas as likely at the end of March, however.

Man pumping gas at Gas Station, Florida
markets
Claire Yubin Oh

TSMC grew its sales 30% year-on-year in January and February

Taiwan Semiconductor ticked higher in premarket trading on Tuesday after the chipmaker reported a 30% jump in sales for the first two months of 2026, compared to the year before.

A key supplier for AI industry giants like Nvidia and Advanced Micro Devices, TSMC saw its combined January and February revenue grow to NT$718.9 billion ($22.6 billion), per its monthly revenue report, published early on Tuesday morning.

The company notched NT$317 billion in February alone, growing 22% from a year ago and decelerating from January's 37% year-on-year growth. For the coming full Q1, analyst estimates compiled by Bloomberg are anticipating growth of 33% — suggesting a strong March will be needed to meet that figure.

Charles Shum, a Bloomberg Intelligence analyst, notes that the modest weakness in the first two months is more likely down to softer performance in smartphones and PCs, rather than cooling AI-chip demand, as soaring memory prices put pressure on shipments.

Tasha Matsumoto
16h
Stocks swing positive as Trump says the Iran war could be over soon

Stocks made a huge tech-led comeback while the price of crude oil slid.

Aberdeen Angus Bull
markets
Jon Keegan

What to look for in Oracle’s Q3 earnings

On Tuesday, Oracle will announce its third-quarter earnings, and all eyes are on the company’s massive AI data center build-out. Last month, the company told investors that it plans to raise $45 billion to $50 billion to fund its ambitious capex plans.

With so much new spending, the company is reportedly looking to make steep job cuts —  thousands of positions across the company — and may be freezing hiring in its cloud division.

Shares of Oracle are down by more than 20% since the start of the year. The stock is down about 56% from its 52-week high of $345.72.

The company’s big bet on AI is causing some concerns among investors, and Oracle has recently seen a wave of lowered price targets from analysts:

  • Jefferies: to $320 from $400.

  • Scotiabank: to $215 from $220.

  • Deutsche Bank: to $300 from $375.

  • Baird: to $200 from $300.

On Friday, shares dropped sharply on reports that OpenAI had pulled out of a planned expansion of the Stargate data center in Abilene, Texas. But OpenAI has since clarified that the decision to back out of plans for the expansion was just the result of shifting capacity to other data center sites under construction.

The company will announce its earnings after market close on Tuesday.

FactSet’s survey of analysts shows they expect earnings per share of $1.70 and revenue of $16.9 billion for Oracle’s third quarter. Cloud revenue is expected to be $8.76 billion, and all eyes will be on Oracle’s capex, which is expected to be $14 billion.

Max Knoblauch

Joby, Archer, and Beta climb following their inclusion in the Trump administration’s air taxi pilot program

Shares of air taxi makers Joby Aviation, Archer Aviation, and Beta Technologies are climbing in Monday afternoon trading following the Department of Transportation’s announcement of their inclusion in the eVTOL Integration Pilot Program.

Archer and Joby, which announced their plans to participate in the program back in September, each climbed more than 4% on Monday, while Beta surged more than 12%. Boeing’s air taxi subsidiary, Wisk, was also named in the DOT’s announcement.

The DOT and FAA selected eight projects spanning 26 states to speed up the development of “advanced air mobility.” Operations will begin this summer. According to an Archer press release, the program could mark “a major step toward bringing electric air taxis to market in the United States.”

“These partnerships will help us better understand how to safely and efficiently integrate these aircraft into the National Airspace System,” FAA Deputy Administrator Chris Rocheleau said. “The program will provide valuable operational experience that will inform the standards needed to enable safe Advanced Air Mobility operations.”

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.
©2026 Sherwood Media, LLC