Nvidia stock slips. AI chips haven’t fully escaped Trump tariff risk

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Nvidia stock slips. AI chips haven’t fully escaped Trump tariff risk: Nvidia stock was edging down early on Tuesday. The chip maker doesn’t look to have fully escaped the threat of tariffs on semiconductors. Nvidia shares were down 1.1% at $120.13 in premarket trading, while futures tied to the benchmark S&P 500 index were dropping 0.2%. The stock rose 3.2% on Monday. MarketWatch reports.

⚡ Economic growth is 'moderating.' But data doesn't show clear signs of a looming recession: The US economy has undergone a narrative shift over the past month. After two years of outperforming expectations, it now appears the economy is growing slower than many on Wall Street thought it would to start 2025. But while the economy is cooling, it isn't collapsing. Yahoo Finance reports.

🚗 Chinese electric vehicle maker BYD reports 2024 revenue over $100B, topping Tesla's sales: Chinese electric vehicle maker BYD logged a record 777.1 billion yuan ($107 billion) in revenue last year as its sales of battery electric and hybrid vehicles jumped 40%. Yahoo Finance reports.

🌐 China's DeepSeek releases AI model upgrade, intensifies rivalry with OpenAI: Chinese artificial intelligence startup DeepSeek released a major upgrade to its V3 large language model, intensifying competition with U.S. tech leaders like OpenAI and Anthropic. The new model, DeepSeek-V3-0324, was made available through AI development platform Hugging Face, marking the company's latest push to establish itself in the rapidly evolving AI market. Reuters reports.

🌍 Trump winks at gentler tariffs, boosting markets: U.S. President Donald Trump’s tariffs have so far taken the shape of country-specific, sweepingly reciprocal, targeted at sectors and applicable only to countries with a certain trade relationship with another. CNBC reports.

💼 Alibaba says to restart hiring, sees signs of start of AI bubble in the US: Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following President Xi Jinping's February meeting with business entrepreneurs. Reuters reports.

📑 India slaps Samsung with tax demand of $601 million for telecom imports: India has ordered Samsung and its executives in the country to pay $601 million in back taxes and penalties for dodging tariffs on import of key telecoms equipment, a government order showed, for one of the biggest such demands in recent years. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $TNON: Tenon Medical
Total gain: +233.29%

2) $WMPN: William Penn
Total gain: +56.24%

3) $MULN: Mullen Automotive
Total gain: +48.78%

4) $APRE: Aprea Therapeutics
Total gain: +46.9%

5) $TOPP: Toppoint Holdings
Total gain: +27.15%

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

GME: GameStop
4Q 2024
After Market Close
Estimate: 0.080
Actual: N/A

WOR: Worthington Enterprises
3Q 2025
After Market Close
Estimate: 0.700
Actual: N/A

PAYS: PaySign
4Q 2024
After Market Close
Estimate: 0.030
Actual: N/A

Time (ET) / Report / Period

8:40 am - Fed Governor Adriana Kugler speaks
9:00 am - S&P Case-Shiller home price index (20 cities) - Jan.

“A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.”

- Warren Buffett

Sourced in: “ Berkshire Hathaway Shareholder Letter”, by Warren Buffett, published in 2008.