Ross Gerber told BI that "there's nothing good for Tesla" in Trump's budget bill, and the stock should be trading more in line with mega-cap peers.

Guggenheim analyst Ronald Jewsikow cut his Rivian rating to Hold from Buy. He also dropped his price target of $16.

The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.

KEY TAKEAWAYS ASML shares are dropping in premarket trading Wednesday after the Dutch semiconductor-gear manufacturer said it couldn’t guarantee growth in the coming year and as President Donald Trump’s tariff threats weigh on its outlook.

Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Coinbase Global stock was on pace for a record closing high Monday, extending its bull run into what the White House is calling “Crypto Week.”.

Equities kicked off Monday strong after a fresh round of tariff threats over the weekend. The S&P 500 gained 0.17%, closing within 0.2% several points of its all-time high, set on Thursday. The Dow rose 0.2% and the tech-heavy Nasdaq gained 0.27%.

Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.