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Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.TARIFFS:At the end of last week, President Trump signed a proclamation to strengthen tariffs imposed on imported steel, aluminum, and copper in order to more effectively address the national-security threat posed by such imports. The proclamation "defines the way that tariffs are assessed, ensuring that they reflect the full value of imported steel, aluminum, and copper products-not an artificially low foreign price." The proclamation also establishes clear rules for calculating Section 232 metals tariffs. Articles made entirely or almost entirely of aluminum, steel, or copper will pay a flat 50% on their full value - for example, steel coils and aluminum sheet. Derivative articles substantially made of steel, aluminum, or copper will pay a flat 25% on their full value. Publicly traded companies in the steel space include ArcelorMittal, Cleveland-Cliffs, Nucor, Steel Dynamicsand U.S. Steel. Publicly traded companies in the aluminum space include Alcoa, Kaiser Aluminum, and Century Aluminum. Publicly traded companies in the copper space include Freeport McMoRan.PATENTED PHARMACEUTICAL PRODUCTS:Also late last week, President Donald Trump imposed tariffs on patented pharmaceuticals and their ingredients under Section 232 of the Trade Expansion Act of 1962 to "bolster American national security and public health," the White House. "President Trump imposed a 100% tariff on patented pharmaceutical products and ingredients. The tariffs will come into effect in 120 days for certain large companies, and 180 days for smaller companies. If a pharmaceutical product is from the European Union, Japan, Korea, or Switzerland and Liechtenstein, a 15% tariff will apply. If a pharmaceutical product is from the United Kingdom, a lower tariff will apply, subject to the recently concluded UK pharmaceutical agreement," the White House stated in a fact sheet. Publicly traded large-cap pharmaceutical companies include AstraZeneca, Bristol Myers, Eli Lilly, GSK, Johnson & Johnson, Merck, Novartis, Pfizer, Rocheand Sanofi.DRUG PLAN:A new analysis suggests President Donald Trump's proposal to expand Medicare coverage for weight-loss GLP-1 drugs could cost health insurers billions in the first year, Bloomberg's Rachel Cohrs Zhang. While the administration argues negotiated lower drug prices would offset the expense and avoid burdening taxpayers, the findings raise concerns about the near-term financial impact of broadening access, the report says. Publicly traded companies in the insurer space include CVS Health, Centene, Cigna, Elevance Health, Humana, Molina Healthcareand UnitedHealth, while public companies making GLP-1 drugs include Novo Nordiskand Eli Lilly.IRAN WAR:President Trumpon social media, "The biggest bridge in Iran comes tumbling down, never to be used again - Much more to follow! IT IS TIME FOR IRAN TO MAKE A DEAL BEFORE IT IS TOO LATE, AND THERE IS NOTHING LEFT OF WHAT STILLCOULD BECOME A GREAT COUNTRY!"

The major averages had a mixed last session of the holiday-shortened week] as traders continue to monitor the war in Iran and rising oil prices after President Donald Trump delivered an address on Wednesday night, during which he said that the U.S. is "getting very close" to ending the war. However, Trump added that the U.S. would "hit" Tehran "extremely hard." Afterward, Trump posted about the war again on social media, saying in a Truth Social post that it's time for Iran to make a deal "before it's too late." Amid the ongoing rhetoric, U.S. crude oil futures settled at $111.54 per barrel, up 11%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Amazonis in talks to acquire Globalstar,Teslareported 358,023 vehicle deliveries in Q1, which William Blair said was slightlyFordreported anin Q1 U.S. vehicle salesSBA Communicationsis weighing a sale of the company after receiving takeover interest,The White House announced it is imposing 100% tariffs on patented pharmaceutical products and strengthened tariffs on steel, aluminum, and copper imports2. WALL STREET CALLS:Wingstopto Overweight at Piper Sandler and to Strong Buy at Raymond JamesRTXto Buy at Melius ResearchOllie's Bargain Outletto Buy at JefferiesWix.comto Neutral at UBSAkamaito Neutral at Baird3. AROUND THE WEB:Comcast's"Super Mario Galaxy Movie" has had the biggest opening day domestic gross of 2026, Variety reportsHersheywill change the chocolate in a small portion of its Reese's and Hershey's products to use "classic milk and dark chocolate recipes," with the shift to pure chocolate ingredients affecting less than 3% of Reese's products and a sliver of Hershey's products, Bloomberg saysIntelis planning to invest another $15M in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, Reuters saysPublicis Groupeis acquiring sports-marketing agency 160over90 from WME Group for more than $500M, WSJ reportsSam's Club, which is owned by Walmart, said it plans to increase its annual membership fee by $10, offering its one-year basic membership option for $60 and its higher-tier option for $120, CNBC says4. MOVERS:Transoceanincreased after beingPenguin Solutionsgained afterand providing guidance for FY26Intuitive Machineswas higher after34.57M shares of stockTeluswas lower in New York after TD Securitiesthe stock to HoldBCEfell in New York after TD Securitiesthe stock to Hold5. EARNINGS/GUIDANCE:Acuity Brands, with EPS and revenue beating consensusAngioDynamicsand narrowed its guidance for FY26Scotts Miracle-Grobacked itsAirSculpt, with EPS higher year-over-yearBassett Furniture, with EPS and revenue lower year-over-yearINDEXES:The Dow fell 61.07, or 0.13%, to 46,504.67, the Nasdaq gained 38.24, or 0.18%, to 21,879.18, and the S&P 500 advanced 7.37, or 0.11%, to 6,582.69.

President Trump signed a proclamation to strengthen tariffs imposed on imported steel, aluminum, and copper in order to more effectively address the national-security threat posed by such imports. The proclamation "defines the way that tariffs are assessed, ensuring that they reflect the full value of imported steel, aluminum, and copper products-not an artificially low foreign price." The proclamation also establishes clear rules for calculating Section 232 metals tariffs. Articles made entirely or almost entirely of aluminum, steel, or copper will pay a flat 50% on their full value - for example, steel coils and aluminum sheet. Derivative articles substantially made of steel, aluminum, or copper will pay a flat 25% on their full value. Publicly traded companies in the steel space include ArcelorMittal (MT), Cleveland-Cliffs (CLF), Nucor (NUE), Steel Dynamics (STLD) and U.S. Steel (X). Publicly traded companies in the aluminum space include Alcoa (AA), Kaiser Aluminum (KALU), and Century Aluminum (CENX). Publicly traded companies in the copper space include Freeport McMoRan (FCX).

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.WAR ON IRAN:President Donald Trump addressed the nation last night. The speech focused on the conflict with Iran, with Trump emphasizing continued military action over the coming weeks rather than de-escalation. Crude prices surged back above $100 and pushed toward $110 as fears continue to grow over sustained interruption in the Strait of Hormuz.DEFENSE CONTRACTOR SECTOR:The Middle East conflict promises to inject additional cash into the defense contractor sector as the U.S. and its allies look to refill their weapon stockpiles, Sylvia Pfiefer, Christian Davies, and Steff Chavex of The Financial Times. In Washington, the Trump admin is planning to request Congress for $1.5T in defense spending for the year, with the Pentagon asking the White House to submit a request to Congress for an extra $200B to help fund the war in Iran at the same time. While there is no certainty these requests will be approved, it is clear the war has depleted stockpiles of America's missile and air defense systems built by RTXand Lockheed Martin.PHARMACEUTICAL TARIFFS:The Trump administration is preparing 100% tariffs on certain imported medicines, targeting companies that have not committed to increasing U.S. manufacturing, The Financial Times' Aime Williams. The move follows earlier threats to impose such levies on branded or patented drugs, while companies including Pfizer, AstraZeneca, and Novo Nordiskhave secured exemptions by pledging greater U.S. investment and price reductions. Other publicly traded companies in the space include Bristol Myers, Eli Lilly, GSK, Johnson & Johnson, Merck, Novartis, Rocheand Sanofi.DRUG PRICING DEALS INTO LAW:Eli Lilly opposes the White House's push to codify "most favored nation" drug pricing into law, CEO Dave Ricks said in an interview with. Lilly is one of more than a dozen drugmakers that signed deals with the Trump administration last year agreeing to charge similar prices for prescription drugs in the U.S. as other wealthy nations, CNBC's Angelica Peebles notes. "When you throw it into the congressional process, what goes in is not what's going to come out," Ricks said. Ricks said he thinks the Trump administration and leadership on the Hill are listening to the company's concerns, but he said Lilly will use "all the tools we have to combat bad policy, and we think it would be bad policy."STEEL/ALUMINUM TARIFF:Trump administration is set to modify duties on imported steel and aluminum finished products to help simplify compliance with a 25% tariff, the Wall Street Journal's Gavin Bade and Bob Tita, citing people with knowledge of the plans. The 25% tariff would apply to the entire value of a finished product containing steel and aluminum and replace the current 50% duty, which only applies to the value of steel or aluminum used in a product, which could effectively raise costs for many imports, the report stated. Publicly traded companies in the Steel space include ArcelorMittal, Cleveland-Cliffs, Nucor, Steel Dynamicsand U.S. Steel. Public companies in Aluminum include Alcoa, Century Aluminum, and Kaiser Aluminum.