GS

Floreo VR Overview: Floreo is a virtual reality platform designed to support individuals with autism by providing immersive learning experiences and social skills training.

Center for Social Dynamics Collaboration: The Center for Social Dynamics collaborates with Floreo to enhance the effectiveness of their VR tools, aiming to improve outcomes for those on the autism spectrum.

Stock Market Selloff: All 11 sectors of the stock market experienced a significant decline following President Trump's announcement of new tariff plans.

Impact on Financial Institutions: Banks and private-equity firms were particularly affected, as investors are concerned about potential recession impacts leading to reduced borrowing and dealmaking activities.

Impact of Tariff Announcements: President Trump's "Liberation Day" tariff announcements significantly disrupted the stock market.

Weekly Stock Review: The Score provides a weekly analysis of major stock movements and the news influencing them.

Market Performance: The Dow Jones Industrial Average is experiencing a significant decline, trading 2,184 points (5.4%) lower on Friday afternoon.

Key Contributors: Shares of Boeing and 3M are identified as the primary factors contributing to this downturn in the index.

Market Decline: Major banks and tech stocks, including Goldman Sachs, Tesla, and Apple, experienced significant declines due to fears of an economic pullback following President Trump's new tariff policies, with some stocks dropping over 10%.

Sector Impact: Various sectors, including real estate, semiconductor, manufacturing, and energy, faced losses as tariffs affected consumer spending and production costs, leading to notable drops in shares of companies like Boeing, Shell, and casino operators.

Market Performance: The Dow Jones Industrial Average is experiencing a significant decline, trading 1,675 points or 4.1% lower.

Key Contributors: Shares of Boeing and NVIDIA Corp. are the primary factors contributing to this intraday drop in the index.

Klarna and StubHub IPO Delays: Klarna and StubHub have postponed their plans to go public due to market instability following President Trump's tariff announcement, with no set timeline for resuming their IPO efforts.

Impact on Venture Capital and Market Sentiment: The tariff announcement has negatively affected the IPO market, dampening optimism that had been building among venture capital firms, despite recent filings from companies like Hinge Health.

Impact of Tariffs on Markets: President Trump's announcement of significant tariffs on imports has led to a sharp decline in equities, bond yields, and the value of the dollar as investors brace for potential negative effects on the U.S. economy.

Market Reactions: The market's response indicates widespread concern among investors regarding the economic implications of these tariffs, suggesting a turbulent week ahead for FX and bond markets.

Market Performance: The Dow Jones Industrial Average is experiencing a significant decline, trading 1,337 points (3.3%) lower.

Contributing Factors: Losses in shares of Boeing and Goldman Sachs are primarily driving the downturn in the blue-chip index.

Market Performance: The Dow Jones Industrial Average is experiencing a significant decline, trading 1,583 points lower (-3.9%) on Friday morning.

Key Contributors: Shares of Boeing and Goldman Sachs are identified as the primary factors contributing to the index's drop.

Impact of Tariffs on U.S. Markets: U.S. tech companies, banks, and oil majors experienced significant declines in stock prices following China's announcement of retaliatory tariffs and export controls against U.S. goods, raising concerns about a potential global economic downturn.

Sector-Specific Reactions: Companies heavily reliant on China, such as Tesla and Apple, faced increased pressure on margins and sales, while broader market fears affected various sectors including automakers, luxury brands, and semiconductor firms due to anticipated supply chain disruptions and reduced consumer demand.

Market Performance: The Dow Jones Industrial Average is experiencing a significant decline, trading 1,141 points or 2.8% lower.

Key Contributors: Boeing and Caterpillar shares are the main contributors to this drop in the blue-chip index.

Impact of Tariffs on Stocks: Major banks and tech stocks, including Goldman Sachs, Morgan Stanley, and Apple, experienced significant losses due to escalating fears of a U.S. economic downturn and China's announcement of retaliatory tariffs on U.S. goods.

Sector-Specific Declines: Semiconductor companies like Intel and Nvidia, along with equipment manufacturers such as Deere and Caterpillar, also saw their shares drop as a result of the ongoing trade tensions and tariff implications.

Global Bank Stock Decline: Japanese bank stocks experienced their worst weekly loss in over 40 years, with major banks like Mitsubishi UFJ and Mizuho Financial Group seeing declines of more than 20%, amid fears of a global recession exacerbated by U.S. trade policies.

Market Reactions and Predictions: The significant drop in bank shares has led to a flight to safety in bonds, causing a historic decline in Japanese government bond yields, while expectations for interest rate hikes by the Bank of Japan have diminished significantly.

Oil Price Forecasts: Goldman Sachs and JPMorgan have lowered their oil price forecasts due to concerns over a potential trade war and increased OPEC+ supply, with predictions of a 60% chance of global recession impacting demand growth.

OPEC+ Production Increase: OPEC+ has decided to significantly increase oil production by 411,000 barrels per day despite bearish market outlooks, aiming to stabilize the market and potentially appease U.S. President Trump’s calls for lower prices.

Trump's Tariff Impact: President Trump's new tariffs have led to significant declines in U.S. stock markets, with major indexes experiencing their worst drops since 2020, raising concerns about potential stagflation and recession as economists warn of negative effects on growth and prices.

China's Economic Strategy: In response to the U.S. tariffs, China is likely to focus on stimulating its own economy rather than retaliatory measures, aiming to diversify export markets and enhance domestic consumption while calling for negotiations with the U.S.

USD Weakness and Tariff Impact: The Singapore dollar has slightly strengthened against the U.S. dollar amid concerns over President Trump's tariffs, which may negatively affect U.S. growth and the dollar's status as a reserve currency.

Asian Currency Outlook: Goldman Sachs predicts a moderate upward bias for the dollar against Asian currencies due to sweeping U.S. tariff announcements, with particular vulnerability noted for the Thai baht and Indonesian rupiah amidst regional economic concerns.

Trump's Tariff Impact: President Trump's tariffs are set to take effect soon, with economists warning they could lead to a slowdown in growth and potential stagflation, while investors reacted negatively, causing significant declines in U.S. stock markets.

Global Market Reactions: The European stock market also suffered losses, with major companies experiencing sharp declines, as analysts predict that the economic fallout from the tariffs will have few winners and may push economies towards recession.

Analyst Downgrade: Daiwa analyst Kazuya Nishimura has downgraded Goldman Sachs from Outperform to Neutral, reducing the price target from $705 to $560.

Market Context: The downgrade comes amid broader market concerns, including fears of trade issues and recent price target adjustments by other firms like JPMorgan.

Market Performance: The Dow Jones Industrial Average is experiencing a significant decline, trading 1,675 points lower (-4.0%) due to poor performance from shares of Nike and Boeing.

Contributing Factors: Shares of Nike Inc. and Boeing Co. are identified as key contributors to the downturn in the blue-chip index.