By Niket Nishant and Manya Saini (Reuters) -Donald Trump Jr.-backed GrabAGun's shares slipped 22% on Thursday, deepening their post-debut slide and highlighting the degree of investor scrutiny even newly listed companies with high-profile backers are being subjected to.

Tesla stock fell on Thursday after an extremely large tariff was imposed on materials used in car batteries. The New York Times reported that the Commerce Department announced that it intends to issue a 93.

Nvidia said it has filed applications to resume selling H20 GPUs in China and has received assurances that licenses will be granted.

Treasury Secretary Scott Bessent’s comments and news of the resumption of H20 chip sales to China have excited Wall Street.

Archer-Daniels-Midland, a leading processor and trader of agricultural commodities like corn, saw its stock tumble 5% in after market trading.

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.

FOX Business was at the New York Stock Exchange Wednesday talking to Donald Trump Jr. and his partner Omeed Malik about their new gun company venture.