
Bloomberg Surveillance TV: April 1, 2025
- Ed Yardeni, Chief Investment Strategist at Yardeni Research - Tobin Marcus, Head: Policy & Politics at Wolfe Research - Francisco Blanch, Head: Global Commodities & Derivatives Research at Bank of America - Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management Ed Yardeni of Yardeni Research discusses why he's again lowering his S&P target for 2025. Tobin Marcus with Wolfe Research previews President Trump's "Liberation Day" tariff announcement and what investors should expect. Bank of America's Francisco Blanch talks about opportunities in commodities as equity uncertainty grows over economic policy. Emily Roland, Co-Chief Investment Strategist at John Hancock Investment Management, talks about whether investors should be rethinking their equity allocation amid incoming tariff policy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Insider
37 minutes ago
- Business Insider
Just buy the dip: Brave investors have been rewarded during a turbulent first half of 2025
Buying stocks when the market is selling off is always a daunting prospect. On one hand, if you time it right and shares rally, you've bought at an attractive price. On the other hand, the market could just… keep falling. Luckily for brave dip-buyers in 2025, the former has been true. Despite stomach-churning volatility at the index and single-stock level, what's gone down has largely come back up. There's been a series of sharp drops this year that have all ultimately wound up as ideal buying opportunities. Fast-forward through all the madness and you have an S&P 500 cruising at record highs as the first half of 2025 winds down. Wild swings in the S&P 500 The most pronounced and sharp decline in US stocks this year — and therefore the best dip-buying opportunity — came after Liberation Day on April 2. The S&P 500 tanked 12% in a matter of days. But then it ended up recovering the whole drawdown within a month. At that point, the market was still down for the year, having been dragged lower by general tariff uncertainty for much of February and March. In the end, it was continued progress on the trade front that dug the S&P 500 out of its year-to-date hole. In early May, the US struck an initial deal with the UK, before agreeing a with China a couple weeks later to implement a 90-day pause. The most recent major development came last week when Trump said a deal had been reached with China, the same day of a new S&P 500 record high. Art Hogan, managing director and chief market strategist at B. Riley Wealth Management, partially attributes the rally off lows to immense retail-investor interest. "I think retail investors have been hardwired now to look at this market for significant pullbacks, big buying opportunities, and thus far, they've been proven correct," Hogan told BI. Data from Vanda Research supports the idea, showing that retail traders aggressively bought exposure to the S&P 500, as well as popular stocks Tesla and Nvidia (more on them later). One phenomenon that's also helped fuel dip-buying the year has been the so-called TACO trade, short for Trump Always Chickens Out. The idea is that any trade-policy-driven market sell-off will soon be reversed, because the president will backtrack on a policy proposal if investors rebel. But all of that was not enough to lift the S&P 500 to the new heights it's currently enjoying. The last leg higher has been driven by the positive geopolitical developments: an Israel-Iran ceasefire and the neutralization of Iranian nuclear assets by the US. Tesla's roller coaster ride Dip-buying success has also been on display at the single-stock level, particularly for ever-popular and particularly-volatile Tesla. The EV-maker's stock tumbled nearly 50% from highs around the time of Trump's inauguration through the start of March. The main driving forces were falling global vehicle sales and skepticism around CEO Elon Musk's involvement with the Trump administration. After bottoming on April 8, shortly after Liberation Day, the stock then embarked up a steep — albeit choppy-at-times — 63% recovery. Then Musk and Trump played out a bitter feud for the public, with the president threatening at one point to pull the Tesla CEO's government contracts. The stock fell 14% in a single day. Based on the recovery since, that was just another ideal dip-buying opportunity, as Musk said he'd be stepping away from government work. Sure, the stock is still down 21% year-to-date, but it's up more than 10% since the Musk-Trump dispute. Nvidia: From steep losses to record highs Not even the darling of the AI trade has been insulated from the volatility that's rocked markets this year. Nvidia started the year battling the rise of China's DeepSeek and its cheaper machine-learning model, which challenged long-held notions about how much money will be poured into AI. It experienced the biggest decline in company history on Jan. 27, falling 17% in a single session. But after bottoming out in early February, shares rallied as much as 20% heading into Nvidia's first-quarter earnings report. The company followed the trend of the market lower into April, amid concerns that Trump's proposed tariffs would slow economic growth, falling 33% to its year-to-date low. But it's pretty much been a straight ascent since, the perfect scenario for intrepid dip-buyers that kept the faith during a rocky first quarter. The company has most recently overtaken record highs yet again, and Wall Street can't get enough. One firm boosted its price target on the stock to $250, implying an eventual $6 trillion valuation.
Yahoo
9 hours ago
- Yahoo
Why AST SpaceMobile Stock Jumped This Week
Stocks rose this week as hopes for interest-rate cuts rose and military actions in the Middle East de-escalated. AST SpaceMobile's valuation also benefited from rising excitement surrounding defense applications in the space industry. AST announced new financing moves, and Bank of America initiated coverage on the stock. 10 stocks we like better than AST SpaceMobile › AST SpaceMobile (NASDAQ: ASTS) stock closed out last week's trading with another run of substantial gains. The company's share price ended this Friday's session up 7.4% from the previous week's closing price. Meanwhile, the S&P 500 index rose 3.4% over the stretch. The broader market saw strong bullish momentum this week as key geopolitical risk factors appeared to moderate and investors bet on an increased likelihood that the Federal Reserve will cut interest rates next month. Excitement surrounding defense applications for space-industry companies also helped push AST shares higher. The S&P 500 rose this week and set a fresh record on Friday as the ceasefire between Israel and Iran held and Federal Reserve officials made comments suggesting that the central bank could cut interest rates next month. Investors also poured into defense technology stocks, and AST had some notable news to share on that front. AST announced, in collaboration with Fairwinds Technologies, this week that it had successfully demonstrated the first non-terrestrial network (NTN) tactical satellite communications capable of serving up high-throughput data transmissions for standard mobile devices. The test highlighted the network's capabilities in defense-related scenarios. At one point, AST stock was up 16.1% from the previous week's close, but shares pulled back due to valuation concerns and financing announcements from the company. On Wednesday, AST SpaceMobile announced that it had entered into an agreement to repurchase $225 million in 4.25% convertible debt notes set to mature in 2032. The company also said it would issue approximately 1.04 million incremental shares in correlation with the convertible notes it was buying back. As part of the deal, the company is also moving to sell 9.45 million shares of new stock, priced at $53.22 per share, in a direct offering to the holders of the convertible notes. The deal will remove $225 million in debt from the company's balance sheet and cut the need to make $63.8 million in remaining interest payments. Bank of America also initiated coverage on AST on Wednesday and assigned a neutral rating and a one-year price target of $55 per share on the stock. As of this writing, the firm's price target implies additional upside of roughly 11%. Bank of America's analysts see promise and large-market potential for AST's BlueBird satellite constellation, but they raised concerns about the outlook for the business's sales ramp. With the company trading at roughly 191 times this year's expected sales, some strong growth is already priced in. Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Bank of America is an advertising partner of Motley Fool Money. Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bank of America. The Motley Fool has a disclosure policy. Why AST SpaceMobile Stock Jumped This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Yahoo
Mastercard Incorporated (MA): 'This Is Your Chance' To Buy, Says Jim Cramer
Mastercard Incorporated (NYSE:MA) is one of the . Mastercard Incorporated (NYSE:MA), like its larger peer Visa, has faced a roller-coaster ride on the stock market this year. The firm's shares have gained 4% year-to-date as it navigates through one selloff after another. Mastercard Incorporated (NYSE:MA)'s shares sank by 12% in April after Liberation Day tariffs created worries about economic stability in America. Then, after it slowly regained the lost ground, the stock tumbled by 9.6% in June after the Senate passed legislation related to stablecoins and created worries about market share loss. Here is what Cramer said: 'We've gotta keep going on this. . .Mastercard. Because a lot of our viewers think that these companies are really at risk. I actually think this is your chance to buy them. They're always at risk and they always win.' A woman using a payment terminal at the checkout of a store showing payment products and solutions. Earlier the year, Cramer advised viewers to consider fintech bottoms when evaluating Mastercard Incorporated (NYSE:MA): 'Watch fintech. Fintech bottoms before actual fin. Fintech is like the best place to be, you know Mastercard is a travel, travel related company. I would watch that. I would watch Visa. Another travel related company. Because those have been part of the cohort. If they can overcome travel and the Affirms of the world can overcome the buy-now-pay-later, you're gonna see a rally. You will see a rally.' While we acknowledge the potential of MA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.