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- StockMKTNewz Daily Recap 5/23
StockMKTNewz Daily Recap 5/23
50% TARIFF ON THE EU?
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Daily Stock Market Recap: 5/23
Hey everyone, it’s @StockMKTNewz - Evan! I’ve posted stock market news every day for almost half a decade. I write this daily recap to make sure you don't miss anything important!
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The Daily Recap
50% TARIFF ON THE EU
🇺🇸 President Trump just said he's recommending a "straight 50% Tariff on the European Union" 🇪🇺, starting on June 1st
— Evan (@StockMKTNewz)
11:46 AM • May 23, 2025
🇺🇸 President Trump just said:
- NOT LOOKING FOR A DEAL WITH THE EUROPEAN UNION 🇪🇺, COMPANIES WILL MOVE THEIR PLANTS HERE
— Evan (@StockMKTNewz)
6:21 PM • May 23, 2025
ORACLE $ORCL TO BUY $40 BILLION OF NVIDIA $NVDA CHIPS FOR AN OPENAI US DATA CENTER - Financial Times
— Evan (@StockMKTNewz)
6:05 PM • May 23, 2025
Jim Cramer just said he thinks it’s too early to call a bottom
— Evan (@StockMKTNewz)
4:09 PM • May 23, 2025
US 🇺🇸 TREASURY SECRETARY BESSENT JUST SAID:
- WE WILL BE NEGOTIATING AGAIN IN PERSON WITH CHINA 🇨🇳
— Evan (@StockMKTNewz)
3:51 PM • May 23, 2025
US 🇺🇸 TREASURY SECRETARY BESSENT JUST SAID:
- OTHER COUNTRIES' CURRENCIES RISING, NOT DOLLAR FALLING
— Evan (@StockMKTNewz)
3:51 PM • May 23, 2025
Visa $V and Mastercard $MA fees are under fresh scrutiny from European Union 🇪🇺 antitrust enforcers - Bloomberg
— Evan (@StockMKTNewz)
1:47 PM • May 23, 2025
US 🇺🇸 TREASURY SECRETARY BESSENT JUST SAID:
- TRUMP BELIEVES EU 🇪🇺 PROPOSALS HAVE NOT BEEN OF GOOD QUALITY, MOVE IN RESPONSE TO EU'S PACE ON TARIFFS
- 90-DAY PAUSE ON APRIL 2 WAS BASED ON GOOD-FAITH TALKS
— Evan (@StockMKTNewz)
1:21 PM • May 23, 2025
Wedbush analyst Dan Ives this morning raised his price target on Tesla $TSLA to $500 up from $350 while maintaining his Outperform rating
— Evan (@StockMKTNewz)
1:13 PM • May 23, 2025
The VIX Index is moving higher this morning back up around 25
— Evan (@StockMKTNewz)
12:56 PM • May 23, 2025
🇺🇸 President Trump just put out this statement about Tim Cook and Apple $AAPL
— Evan (@StockMKTNewz)
11:23 AM • May 23, 2025
The 🇺🇸 FTC has ended its attempt to block Microsoft’s $MSFT $68.7 billion acquisition of Activision Blizzard, withdrawing its complaint after losing an appeal to stop the deal - SA
— Evan (@StockMKTNewz)
10:44 AM • May 23, 2025
🇺🇸 PRESIDENT TRUMP GREENLIGHTS NIPPON MERGER WITH US STEEL $X - CNBC
— Evan (@StockMKTNewz)
7:41 PM • May 23, 2025
All these stocks hit new 52 WEEK LOWS at some point today
CrowdStrike $CRWD
Snowflake $SNOW
Anheuser Busch $BUD
GE Vernova $GEV
Intuit $INTU
Philip Morris $PM
D-Wave $QBTS
Rubrik $RBRK
Sea Limited $SE
Sun Life $SLF
$TD
US Steel $X
ZScaler $ZS— Evan (@StockMKTNewz)
7:18 PM • May 23, 2025
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Disclaimer:
Nothing in this newsletter is financial advice or a recommendation to buy or sell any securities. I’m just reporting the news. Always do your own research and talk to a licensed professional before making financial decisions. Some links may be affiliate links, which means I may earn a small commission if you choose to sign up or make a purchase. It never affects what I choose to include. Some content may be sponsored. I only work with brands I think are a good fit for my audience. Giveaway entries do not guarantee a win. Winners are selected randomly and will be contacted directly by the StockMKTNewz team.