{"id":342999,"date":"2025-02-27T16:50:00","date_gmt":"2025-02-27T21:50:00","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342999"},"modified":"2025-02-27T18:59:38","modified_gmt":"2025-02-27T23:59:38","slug":"nvidia-tariffs-pressure-markets","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/nvidia-tariffs-pressure-markets\/","title":{"rendered":"Nvidia, tariffs pressure markets"},"content":{"rendered":"\n

Despite reporting a top and bottom line beat and upbeat forecast, Nvidia<\/a> sold off by 8.48% with losses accelerating into the close. The momentum dragged down Super Micro Computer<\/a>, which slid 15.97% and sank the Nasdaq by 2.78% or 530 points. The S&P fell 1.59% and the Dow declined 0.45%. Other key names: Warner Bros. Discovery<\/a> 4.76%, Palantir<\/a> -5.08% and Tesla<\/a> -3.04%. Bitcoin gave back US$570 to US$83,900, while the U.S. 10 year yield inched up to 4.269%.<\/p>\n\n\n\n

After reversing himself again, Trump stated that he would slap tariffs on Canada and Mexico on March 4, after all. The news cast a cloud over Bay Street and pushed the TSX down by 200 points or 0.79%. Nearly every sector declined, while energy was flat. Materials, tech and real estate saw the deepest sell-offs. B2Gold<\/a> closed the session -6.1%, First Majestic Silver<\/a> -5.16% and IAMGOLD<\/a> -5.75%. Bank earnings continued with Royal reporting a profit decline from an impairment charge, and RY<\/a> shares sank 2.86%. However, Veren<\/a> reported a beat and soared 9.39%. Speaking of which, WTI crude rose US$1.50 to US$70.15 while gold declined US$41 to US$2,879.<\/p>\n\n\n\n

💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -8.48%<\/p>\n\n\n\n

💾 Super Micro Computer\u00a0(SMCI-Q)<\/a> -15.97%<\/p>\n\n\n\n

📺 Warner Bros. Discovery\u00a0(WBD-Q)<\/a> +4.76%<\/p>\n\n\n\n

💾 Palantir Technologies\u00a0(PLTR-Q)<\/a> -5.08%<\/p>\n\n\n\n

🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> -3.04%<\/p>\n\n\n\n

🥇 B2Gold Corp.\u00a0(BTO-T)<\/a> -6.1%<\/p>\n\n\n\n

🥈 First Majestic Silver\u00a0(AG-N)<\/a> -5.16%<\/p>\n\n\n\n

🥇 Iamgold Corp\u00a0(IMG-T)<\/a> -5.75%<\/p>\n\n\n\n

🏛 Royal Bank\u00a0(RY-T)<\/a> -2.86%<\/p>\n\n\n\n

🛢 Veren\u00a0(VRN-T)<\/a> +9.39%<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite reporting a top and bottom line beat and upbeat forecast, Nvidia sold off by 8.48% with losses accelerating into the close. The momentum dragged down Super Micro Computer, which slid 15.97% and sank the Nasdaq by 2.78% or 530 […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-342999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=342999"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342999\/revisions"}],"predecessor-version":[{"id":343004,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342999\/revisions\/343004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=342999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}