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Becker Private Equity & Business Podcast
The Markets Jump, Nvidia, Tesla, the EU, Russia and Apple in the News – 9 Stories We Are Following This A.M. 5-27-25
00:04:20
In this episode, Scott Becker shares nine major stories shaping the business world, including surging markets driven by tariff delays, Apple’s tension with U.S. trade policy, NVIDIA’s China concerns, and more.
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This is Scott Becker with the Becker Private Equity and Business Podcast. We're thrilled to recently pass 7 million downloads and be ranked this week in the top 10 in the Apple Business Podcast News ranking. So a terrific week and thank you to our listeners and to our guests. We're going to walk through nine stories that we're following today. First, the markets are surging today as President Trump walks back some of his potential tariffs and pauses some of his tariffs on the EU. The EU in total is the US's biggest trading partner. So the markets view that is very good news as he looks at the way the tariffs from June 1 to July 9 with the hopes to get in the EU to the table where he wants them. Second, the markets had a tough week last week. The Nasdaq remains down about 3% year to date. The S&P down about 1.34% year to date. They look to make that up today as the markets rebound some as president as the President takes his foot off the gas on the tariffs. Third, Nvidia is down about 2% year to date this week. Nvidia reports on its earnings on Wednesday and we'll see what the markets are looking for. Here is how much the restrictions on selling to China will hurt Nvidia's sales. Jensen Huang says it could impact up to 15 billion of sales a year to China for Apple is this week's scapegoat for the President or attack dog? The President has Apple in its crosshairs. Apple apparently employs about 3 million people in China. The President would like some of those jobs and manufacture coming back to the U.S. apple's worked hard to become less reliant on China, moving jobs to India and some to the US but from the President's perspective, not nearly enough. He's threatening to put 25% tariffs on iPhones that are imported. Strikes me and not to be political wrong to target a specific company's products versus generally. But we'll see how this goes. Goes Great book recommended to you this week by Dave Staffman, president of his own investment firm today called Apple in China about how deep relationship Apple has in China. Fifth, Apple's down nearly 22% year to date. It's fallen behind Microsoft and Nvidia in the market cap wars. We'll see how that goes. Sixth, Russia and Putin are proving to be more difficult to negotiate with than either President Obama back in the day or President Trump thought they would be. Remember, President Obama famously tried to reset relationships with President Putin or Prime Minister Putin in Russia and found it much more difficult than he expected. President Trump is finding the same thing. He's finding Russia to be much more difficult than he expected. He's trying to get them to move towards peace or a ceasefire with Ukraine. He's having a hard time getting there. He's talking about sanctions on Russia. I believe that both President Obama and President Trump have this largely right. We need to be involved in diplomatic efforts with them, but doesn't seem right now to be to be reaping rewards that we'd like to see. Seventh, Salesforce, which is the largest sort of CRM company in the world, is nearing an $8 billion deal to buy Informatica. They were to do this a year or two ago. Now the price is lower. It would be the company's second largest deal ever. Salesforce is run by Marc Benioff. Brilliant, brilliant person. They're down 18% year to date. A great piece on ambient technology and physicians offices of the Wall Street Journal today that article is called why AI may be listening on your doctor's appointment. That's already happening. A couple of companies mentioned prominently in the article, both Microsoft and Abridge. Abridged is ran by the brilliant CEO and founder Shiv Rao. Dr. Rao, finally nice. Tesla sales have dropped 50% in the first quarter in Europe. That's a big number. Nevertheless, the stock price has rebounded greatly over the last month or two. There's just great deal of hope and promise for Tesla's overall technologies, particularly to self driving cars and a lot more. So we'll see how that continues to play out. Thank you for listening to the Becker private equity and business podcast. Thank you very, very much.