Dear Friend,
Trump just dropped a 25 percent tariff threat on EU imports, sending Treasury yields up and the euro down as investors brace for another trade fight.
Meanwhile, his administration is shaking up global alliances with a new minerals deal with Ukraine, aiming to boost U.S. manufacturing and energy security.
In the gaming world, all eyes are on Nintendo’s new Switch and Grand Theft Auto VI—both expected to be massive hits that could revive the $58 billion industry.
But if they disappoint, gaming could be in for another rough year.
Let’s break it all down in this edition of the Everlasting Wealth Insider Report.
Jeremy Blossom
Editor in Chief, Everlasting Wealth
MARKET HEADLINES
📉 NetApp stock plunges on revenue miss and weak guidance, but analysts remain optimistic about cloud growth and AI opportunities.
🚀 Rocket Lab’s stock drops despite record sales as delays in its Neutron rocket launch dampen investor confidence.
💾 Nvidia faces short-term struggles from tariffs, China restrictions, and competition, but analysts remain bullish on its AI dominance.
₿ MicroStrategy stock sinks as Bitcoin drops below $80K, raising questions about its aggressive crypto strategy.
🏗️ Autodesk stock rises after strong earnings and job cuts, as Wall Street praises its cost-efficiency strategy.
📉 Tech stocks tumble as Nvidia, Tesla, Dell, and HP struggle amid weak earnings, tariff concerns, and shifting market sentiment.
🖥️ Super Micro’s stock slumps as Goldman Sachs warns of competitive risks and margin pressures despite strong AI server demand.
🚗 Tesla’s brutal February continues as investors worry about Elon Musk’s political distractions and declining EV sales.
📉 Markets stumble as Trump tariffs, AI fatigue, and economic uncertainty shake investor confidence.
₿ Bitcoin falls below $80K, dragging crypto markets down as risk-off sentiment spreads across tech and financial sectors.
Trump’s Tariff Warning on EU Goods Moves Markets, Treasury Yields Climb
Treasury yields ticked up after President Trump announced plans for a 25% tariff on EU imports, signaling another potential trade battle.
The 10-year Treasury yield rose to 4.302% as investors adjusted expectations, though some analysts believe the impact may be limited, given hopes that Trump could extend tariff delays for Canada and Mexico.
Meanwhile, European bond yields dipped slightly, with the German Bund yield falling to 2.423%.
The euro also edged lower as markets weigh whether Trump’s tariff threat will turn into action.
With global trade tensions in focus, investors are closely watching how these moves could influence inflation and economic growth.
STOCKS TO WATCH
↗️ Nvidia: The AI chip giant delivered a solid quarterly report, but it wasn’t quite enough to spark a major rally a month after the DeepSeek shock. Shares wavered premarket but appeared set for a modest gain.
↘️ Salesforce: Despite beating analyst estimates on an adjusted basis, the software company’s weak full-year outlook spooked investors, pushing shares lower in premarket trading.
↘️ Mercedes-Benz: The luxury automaker and its European peers with U.S. exposure saw shares slide after former President Trump threatened to impose 25% tariffs on imports from the EU.
↘️ Moderna: The vaccine maker, once famous for its widely used Covid shot, saw its stock drop further on reports that a U.S. government contract for a bird-flu vaccine might be canceled under the leadership of vaccine skeptic RFK Jr. Shares were already down nearly two-thirds over the past year.
↘️ eBay: Investors weren’t bidding on shares of the online auction pioneer, as its weak first-quarter revenue outlook led to early trading losses.
This Day in the Markets
📉 On this day in 2000, the Nasdaq Composite surged past 5,000 for the first time, driven by investor euphoria over the booming tech sector, soaring internet stock valuations, and optimism about the future of digital innovation; however, the milestone proved fleeting as excessive speculation, unsustainable business models, and overvaluation led to the bursting of the dot-com bubble just weeks later, triggering a brutal market crash that wiped out trillions in market value and took years to recover from.
ECONOMY
Trump’s Global Strategy Aims to Reshape Economy and Strengthen U.S. Power
President Trump is taking bold steps to realign U.S. influence on the world stage, starting with a new minerals deal with Ukraine.
His administration’s broader vision includes shifting economic alliances, reducing reliance on adversarial nations, and strengthening trade partnerships with security allies.
While some critics worry about the risks of disrupting traditional alliances, Trump’s team argues that his approach will ultimately empower U.S. manufacturers, stabilize energy prices, and encourage European nations to take greater responsibility for their defense.
With a strong American economy as his foundation, Trump’s strategy could redefine global power dynamics in a way that prioritizes U.S. interests first.
ECONOMY HEADLINES
📉 The Fed’s preferred inflation gauge slows, raising hopes for rate cuts later in 2025.
🚗 Tesla stock caps its second-worst month ever as concerns over Elon Musk’s political distractions and brand image grow.
📊 Economic uncertainty is at record highs, but bond markets remain surprisingly calm amid shifting policies.
₿ Coinbase and the SEC drop their lawsuit, setting the stage for a legislative battle over crypto regulation.
🇪🇺 European stocks are still undervalued, with financials and automakers like BNP Paribas and Mercedes-Benz offering potential bargains.
💾 Microsoft pushes Trump to ease AI-chip export restrictions, warning of strategic disadvantages to U.S. allies.
🛍️ Consumers plan a 24-hour spending ‘blackout’ to protest corporate and government policies, putting retailers on edge.
🏗️ CRH’s strong earnings signal continued demand for U.S. construction, fueled by infrastructure and reindustrialization.
🌍 The U.S. is retreating from globalization, shifting toward economic nationalism and spheres of influence.
🏦 Capital One stock rises after the CFPB drops its lawsuit, ending accusations of misleading customers on interest rates.
Trivia
Which economic event led to the creation of the Federal Deposit Insurance Corporation (FDIC) to protect bank deposits?
A. The Panic of 1907
B. The Great Depression
C. The Savings and Loan Crisis
D. The 2008 Financial Crisis
E. The COVID-19 Recession
Scroll for the answer
BUSINESS
Big Year for Gaming: Nintendo and Grand Theft Auto Set to Shake Up the Industry
The gaming industry is looking for a major comeback in 2025, with two powerhouse releases leading the charge:
Nintendo’s long-awaited new Switch console and the highly anticipated Grand Theft Auto VI.
Both are expected to be massive hits, potentially reversing years of slow growth in the $58 billion industry.
However, while excitement is high, the broader gaming market might not feel the full benefits—especially since Nintendo tends to dominate its own ecosystem and GTA VI could overshadow competitors.
Meanwhile, investors are already betting big on success, with Nintendo and Take-Two stocks surging.
If these launches deliver, they could reinvigorate gaming, but if they stumble, the industry could face another tough year.
Answer
Which economic event led to the creation of the Federal Deposit Insurance Corporation (FDIC) to protect bank deposits
B. The Great Depression
The Federal Deposit Insurance Corporation (FDIC) was created in 1933 in response to the Great Depression, which saw widespread bank failures and massive losses for depositors.
Before the FDIC, when a bank failed, customers lost all their savings.
The FDIC now insures deposits (currently up to $250,000 per account) to prevent bank runs and maintain confidence in the banking system.
While the Panic of 1907 influenced the creation of the Federal Reserve, the Savings and Loan Crisis of the 1980s and 2008 Financial Crisis led to regulatory reforms.
The COVID-19 Recession caused economic disruptions but did not lead to significant bank failures requiring FDIC intervention.
