Howard Lutnick says ‘deal’ has been reached on auto tariffs

🚙 Tesla used vehicle prices are tumbling, another worrying sign for the EV maker: Tesla prices are continuing to fall in the used market — a good sign for buyers but bad news for current owners. Yahoo Finance reports.

🏦 10-year Treasury yield climbs as investors look ahead to slew of earnings reports: The 10-year Treasury yield rose on Tuesday as investors looked ahead to a slew of economic data and earnings reports this week. At 4:13 a.m. ET, the benchmark 10-year Treasury yield climbed two basis points to 4.239%, while the 2-year Treasury yield was up by almost 3 basis points at 3.711%. CNBC reports.

🎹 Spotify stock falls 8% on disappointing Q2 user guidance: Spotify reported disappointing user and financial guidance on Tuesday, sending shares down over 8% in early premarket trading. The company guided to second quarter monthly active users of 689 million, below the roughly 694 million analysts polled by Bloomberg had expected. Q2 guidance for operating income and gross margins also fell short of expectations. Yahoo Finance reports.

💊 Merck to spend $1 billion on new factory to make U.S. supplies of blockbuster drug: Merck & Co. will grow its U.S. manufacturing footprint with a $1 billion plant in Delaware, becoming the latest drugmaker to invest in the U.S. as tariffs targeting the industry loom. WSJ reports.

✈️ Airbus will buy Spirit AeroSystems’ US and UK assets as it carves up the supplier with Boeing: Europe’s Airbus has finalized an agreement to take some assets from Spirit AeroSystems, both companies said Monday, completing a critical part of a transatlantic carve-up of the struggling supplier with US rival Boeing. CNN reports.

🚢 Trump tariffs prompt slump in shipments to US ports: In the latest sign of the US president’s tariff policies rattling the economy, figures show the number of vessels scheduled to arrive at the Port of Los Angeles next week is down by almost a third on the same period a year earlier. The Guardian reports.

💻 Nvidia under pressure on reports of Huawei chip: What to know: Nvidia faces pressure as Chinese competitor Huawei reportedly develops a new artificial intelligence chip, the Ascend 910D, potentially surpassing Nvidia's H100. Yahoo Finance reports.

🤖 Alibaba launches new Qwen LLMs in China’s latest open-source AI breakthrough: Alibaba released the next generation of its open-sourced large language models, Qwen3, on Tuesday — and experts are calling it yet another breakthrough in China’s booming open-source artificial intelligence space. CNBC 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) $WLDS: Wearable Devices

Total gain: +91.66%

2) $LGMK: LogicMark

Total gain: +44.96%

3) $BON: Bon Natural Life

Total gain: +30.46%

4) $AGMH: AGM Group Holdings

Total gain: +26.41%

5) $AARD: Aardvark Therapeutics

Total gain: +18.57%

The closing price of the top three market percent gainers trading near or above $3 on April 28.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1) $PONY: Pony AI

Total gain: +47.2%

The company announced a strategic partnership with Tencent Cloud and Smart Industries Group, the cloud business of Tencent Holdings Limited, to jointly advance autonomous driving technology and accelerate the commercialization of Robotaxi services. Yahoo Finance reports.

2) $WOLF: Wolfspeed

Total gain: +27.98%

The stock appeared to be moving on no notable news.

3) $RGLS: Regulus Therapeutics

Total gain: +26.63%

The stock appeared to be moving on no notable news.

Time (ET) / Report / Period

8:30 am - Advanced U.S. trade balance in goods - March

8:30 am - Advanced retail inventories - March

"Patience and discipline are much needed when the bottom-up search for value fails to uncover any investment of merit."

- James Montier

Sourced in:

“The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy”, by James Montier, published in 2010