Global stocks slip as US tariff uncertainty weighs

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🌍 Global stocks slip as US tariff uncertainty weighs: Global stocks slipped as investors awaited more clarity on US tariff plans and the economic outlook before President Donald Trump’s April 2 deadline to impose a fresh trade levies. In premarket trading, shares in Tesla Inc. and Nvidia Corp. edged lower. Video game retailer GameStop Corp. jumped 12% after it said its board approved adding Bitcoin as a treasury reserve asset. Yahoo Finance reports.

🛍️ Dollar Tree to sell Family Dollar business for $1 billion: Dollar Tree is nearing a sale of its Family Dollar business to a consortium of private-equity investors for about $1 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Yahoo Finance reports.

🏭 TSMC’s U.S.-made chips might not be that expensive. It’s bad news for Intel: Taiwan Semiconductor Manufacturing is going big on its investment in the U.S. That has raised concerns that its semiconductors will get pricier, but American-made chips might not be as expensive as feared, which is not good for Intel’s hopes of eating into its market share. MarketWatch reports.

🚗 BYD stock rises. EV maker ramps up Tesla battle with global sales drive: BYD just passed Tesla in revenue—and it looks like the Chinese company is about to go global in the battle for electric-vehicle supremacy. BYD chairman Wang Chuanfu told analysts on an earnings call Tuesday that the EV maker is aiming to sell 800,000 cars outside of China this year. MarketWatch reports.

🔒 U.S. blacklists over 50 Chinese companies in bid to curb Beijing’s AI, chip capabilities: The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. CNBC reports.

💻 Google Quantum executive says tech is ‘5 years out from a real breakout': One of Google’s top executives working on Quantum computers said he believe the technology is only five years away from running practical applications that can’t be calculated on modern computers. CNBC reports.

🧑‍💻 Dell's workforce drops 10% in fiscal 2025: Dell Technologies headcount fell by 10% in fiscal 2025, and it reaffirmed its commitment to diversity and inclusion, the AI server maker said on Tuesday. Reuters 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) $PTPI: Petros Pharma
Total gain: +161.07%

2) $BLNE: Beeline Holdings
Total gain: +87.76%

3) $SURG: Surgepays
Total gain: +83.33%

4) $THTX: Theratechnologies
Total gain: +46.1%

5) $OCEA: Ocean Biomedical
Total gain: +34.68%

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

ALVO: Alvotech
4Q 2024
After Market Close
Estimate: -0.010
Actual: N/A

CNXC: Concentrix
1Q 2025
After Market Close
Estimate: 3.010
Actual: N/A

SCS: Steelcase
4Q 2025
After Market Close
Estimate: 0.210
Actual: N/A

Time (ET) / Report / Period

8:30 am - Durable-goods orders - Feb.
8:30 am - Durable-goods minus transportation - Feb.

“An investment in knowledge pays the best interest.”

- Benjamin Franklin

Sourced in: “Poor Richard’s Almanack”, by Benjamin Franklin, published in 1748.