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Wall Street keeps calm after the Supreme Court strikes down Trump's tariffs [Los Angeles Times (CA)]
Last akamai technologies, inc. earnings: 4/28 04:01 pm
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The Standard & Poor's 500 rose 0.7%. It had been flipping between small gains and losses before the court's ruling, following discouraging reports showing slowing growth for the U.S. economy and faster inflation. The Dow Jones Industrial Average added 230 points, or 0.5%, and the Nasdaq composite rose 0.9%. Many on Wall Street were likely expecting such a ruling from the Supreme Court, according to Brian Jacobsen, chief economic strategist at Annex Wealth Management. That likely led to the relatively muted reactions across financial markets, and trading remained tentative as investors tried to suss out the long-term effects. Tariffs also aren't going away, even with the Supreme Court's ruling. Trump in the afternoon said he would use other avenues to put taxes on imports from other countries after calling the court's decision terrible. “Just so you understand, we have tariffs, we just have them in a different way,” Trump told reporters in an afternoon briefing. He said he wou
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- Why Akamai Technologies (AKAM) Shares Are Sliding Today [Yahoo! Finance][Yahoo! Finance]
- Stocks making the biggest moves midday: Amazon, Shopify, Grail, Akamai Technologies, Walmart & more [CNBC][CNBC]
- US stocks tick higher after the Supreme Court strikes down Trump's sweeping tariffs [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
- Akamai Technologies (NASDAQ:AKAM) had its price target raised by analysts at UBS Group AG from $90.00 to $110.00. They now have a "neutral" rating on the stock.[MarketBeat]
- US stocks hold relatively steady after Supreme Court strikes down Trump's tariffs [Globe and Mail, The (Toronto, Canada)][Globe and Mail, The]
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