[ad_1] Image source: Getty Images Diageo (LSE: DGE) shares were tumbling long before Donald Trump’s trade war rattled markets, but the uncertainty hasn’t helped one bit. Mexican tequila and Canadian whisky exports to the States would both take a beating, if those tariffs come through. The furore couldn’t come at a worse time for the global drinks giant. One of the FTSE 100’s proudest blue-chips has taken a right old beating. The Diageo share price is now down nearly 30% over the past year, and a hefty 50% over three. Can this FTSE 100 flop fight back? The problems run…
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[ad_1] Image source: Getty Images The lesser-known FTSE 250 recruitment company Page Group (LSE: PAGE) is down 26% this year after weak fourth-quarter results hit the stock hard. Growing uncertainty in the UK jobs market has led the firm to suffer its worst start to a year since 2022. Now at 250p a share, it’s worth less than half what it was at the end of 2021. In its latest results released this Wednesday (9 April), it reported an 11.7% drop in gross profit, down from £220m to £194.2m. The EMEA region was hit the hardest, down 14.5%, with the…
[ad_1] Image source: Getty Images It’s been a crazy week on global stock markets. The FTSE 250 Index fell 9% in recent days to sit as low as 17,890 points but recovered strongly after US President Donald Trump’s tariff pause to sit at 18,570 as I write on April 11. The market moves caused by the ‘Liberation Day’ tariff announcements mean many companies making up the UK mid-cap index have suffered sharp share price falls — and one online retailer in particular has caught my eye. Beaten down FTSE 250 retailer ASOS (LSE: ASC) is the company in question. The…
[ad_1] The Biggest S&P 500 Movers on Thursday 10 hr 50 min ago Decliners: Shares of health care diagnostics and drug discovery services provider Charles River Laboratories (CRL) plummeted 28.1%, the steepest decline of any S&P 500 stock on Thursday. The downturn came after Barclays analysts cut their price target on the stock, suggesting that potential pharmaceutical tariffs could weigh on budgets in the industry and stifle Charles River’s performance. Carmax (KMX) shares plunged 17% after the used-car retailer reported lower-than-expected sales and profits for its fiscal fourth quarter. The company opted not to provide specific financial forecasts for fiscal…
[ad_1] In his own mind, President Trump is a four-dimensional dealmaker who always outsmarts his counterparties. In his real-world trade war, however, Trump has shown his cards to his most potent adversary and revealed some of his constraints. Several weeks of manic tariff activity by Trump and mass confusion in financial markets have finally provided some clarity: Though Trump wants to remake America’s entire trade system, his real target is China. Through April 9, Trump had imposed new tariffs on imports from virtually every country, plus additional import taxes on certain product categories including automobiles, steel and aluminum. Nobody got…
[ad_1] Image source: Getty Images The ‘Magnificent 7’ stocks have bounced off their lows. When Donald Trump announced a 90-day pause on tariffs earlier this week, share prices in this area of the stock market jumped. The thing is, many of these growth stocks are still well below their highs and currently ‘on sale’. With that in mind, here are two Mag 7 stocks that I believe are worth considering today. A ‘generational’ buying opportunity? First up is Nvidia (NASDAQ: NVDA). It’s currently trading for around $108, roughly 29% below its all-time high of $153. This stock looks really cheap…
[ad_1] Image source: Getty Images In today’s tumultuous economic environment, building a second income is more important than ever. Markets are in turmoil, politics are getting heated and the future is uncertain at best. When looking at some of the political developments unfolding this week, it’s hard to be positive about the future. Having a financial safety net may soon become a necessity — not just a luxury. But passively sitting back and waiting for it to happen won’t help. What I really need is my money passively sitting in an investment account and paying me dividends. So how can…
[ad_1] Inflation cooled down last month, a long-awaited break from years of surging prices. The Consumer Price Index declined 0.1% month over month — the first time monthly CPI has slowed since May 2020. Prices increased 2.4% on a yearly basis, a considerable easing from February’s 2.8% annual rise. Air fares, car insurance, and used cars were among the major categories that decreased in March. But food, medical care, new cars, and apparel marched higher. Here’s what the latest CPI report means for your household. After remaining flat in February, grocery price growth jumped 0.5% in March. The big (old)…
[ad_1] Image source: Getty Images One UK stock after another in my portfolio has tumbled in the last few turbulent days but investment company 3i Group (LSE: III) has held the line. It’s down just 6% over the last month, which I think is pretty decent, given the chaos caused by Donald Trump’s tariff threats. Look back a little further, and it’s frankly magnificent. The shares are up 30% in the past 12 turbulent months, and a staggering 365% over five years. That makes them second only to Rolls-Royce. Can this FTSE 100 star keep shining? The FTSE 100-listed private…
[ad_1] Image source: Getty Images After falling sharply following ‘Liberation Day’ announcements, the stock market has been surging after news of a 90-day pause. But what happens after that? As things stand, the tariffs that sent share prices down sharply are set to return. So investors need to think about what to do to prepare themselves and their portfolios. The current situation Where the stock market goes in July depends in large part on how negotiations between the US and its trading partners go between now and then. And investors have a few options available. One approach is to wait…