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- 🟢 Weekly Market Update: April 3, 2025
🟢 Weekly Market Update: April 3, 2025
Welcome to this week's Market Update, where we delve into the most significant developments in stocks, financial news, business events, and market movements.
Brandon Smith
April 03, 2025
tl;dr - Global markets face disruption from escalating trade tensions due to Trump’s new tariffs, while robust AI investments—highlighted by OpenAI’s $40B raise and Google’s Gemini 2.5 launch—drive the tech sector, and financial players like ASML and Robinhood capitalize on depressed prices and broaden offerings, even as the IPO market cautiously revives amid volatility.
📢 Corporate Highlights
CoreWeave $CRWV ( ▼ 0.55% ): CoreWeave shares pop after IPO
Visa $V ( ▼ 0.16% ): Visa offers Apple $AAPL ( ▲ 0.44% ) roughly $100 Million to take over credit card from Mastercard $MA ( ▼ 0.37% )
Newsmaxx $NMAX ( ▲ 0.97% ): Newsmax stock plunges 70+% after IPO
Circle $USDC.X ( ▲ 0.0% ): Stablecoin issuer (USDC) Circle files for long anticipated IPO
Amazon $AMZN ( ▲ 1.31% ): Amazon submits a last minute bid to buy all of TikTok $BYTEDANCE.P ( 0.0% )
💡 Lowcountry Ledger’s Take: The recent wave of IPOs and M&A activity suggests that market sentiment is shifting toward greater risk appetite as valuations stabilize.
🔥 Other Trending Market News
Trump announcing reciprocal tariffs
Tariffs: Trump shakes up global trade with new reciprocal tariffs
OpenAI: OpenAI raised an additional $40 Billion at an estimated $300 Billion valuation led by Softbank
ASML $ASML ( ▲ 0.34% ): ASML continues to buy back shares at depressed prices
Robinhood $HOOD ( ▲ 2.7% ): Robinhood unveiled a suite of new product features, including a private banking experience, as part of its strategy to attract the modern investor
Google $GOOGL ( ▲ 1.68% ) $GOOG ( ▲ 1.47% ): Google released Gemini 2.5, its latest LLM model
💡 Lowcountry Ledger’s Take: These new policies will have second and third order implications on the bottom lines of multiple business. Expect market volatility as companies and countries adjust to this new set of tariffs.
📈 Market Vitals
$DIA ( ▲ 0.01% ) Tracks 30 blue-chip stocks, showing industrial health.
$SPY ( ▲ 0.72% ) Mirrors S&P 500, gauging broad market performance.
$QQQ ( ▲ 1.12% ) Follows Nasdaq-100, reflecting tech and growth trends.
$BTC.X ( ▲ 1.32% ) Indicates crypto sentiment and risk appetite.
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Important Disclosures:
This newsletter is intended for informational purposes only and should not be interpreted as investment, legal, or tax advice. The views and opinions expressed are those of the author alone and do not necessarily represent the views of any business, employer, or affiliated entity. Investing carries inherent risks, including the possible loss of principal. Past performance is not indicative of future results. Readers are encouraged to conduct their own research and seek advice from qualified professionals before making any investment, legal, or financial decisions. While the information provided is believed to be accurate, no guarantee is made as to its completeness or reliability. The author and publisher disclaim any liability for decisions made or actions taken based on the content of this newsletter. This publication does not constitute an offer to buy or sell any security. By subscribing to or continuing to read this newsletter, you acknowledge and agree to these terms and conditions.