LA Private

April 2025

Tesla’s Q1 Deliveries Plunge Sharply

Tesla’s first-quarter deliveries for this year have fallen dramatically, signaling the company’s worst performance since 2022. The Elon Musk-led electric vehicle manufacturer delivered 336,681 vehicles in the first three months of the year, a figure considerably lower than the 390,000 units analysts had anticipated. This also represents a decline compared to the 387,000 deliveries made […]

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Magnificent Seven sheds $840bn as Trump tariffs trigger tech rout

The Magnificent Seven — the largest US technology companies by market capitalisation — lost more than US$800bn in value on Thursday as investors reacted sharply to President Donald Trump’s sweeping new tariff regime. It marked one of the worst trading sessions for megacap tech stocks since 2022. Together, Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and

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Trump torches global trade order, peddles in economic delusion: deVere CEO

President Trump has detonated the foundation of modern global commerce by announcing sweeping tariffs on nearly all imports—a move Nigel Green, CEO of global financial advisory giant deVere Group, says “peddles in economic delusion” and risks triggering a dangerous global slowdown.     “This is how you sabotage the world’s economic engine while claiming to supercharge

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Liberation Day: Backpedal on tariffs from Trump “almost inevitable”

So-called “Liberation Day” has arrived, with President Trump promising to shake the foundations of global trade by imposing sweeping new tariffs on nearly all major US trading partners.     But the CEO of global financial advisory and asset management giant, deVere Group, predicts that within 6 to 12 months, Trump will be forced to backtrack

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Trump’s Auto Tariffs Trigger Market Uncertainty

President Trump’s imposition of a 25% tariff on US auto imports has officially taken effect, sending ripples of uncertainty through global markets. The move, part of Trump’s broader “reciprocal” trade policy, is projected to increase costs for both manufacturers and consumers, while also disrupting established supply chains. The S&P/ASX 200 closed down 0.9 per cent,

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Trump’s Tariffs: Winners and Losers Emerge

President Donald Trump’s sweeping “reciprocal” tariff announcement — with levies as high as 49% — has sent markets reeling and triggered broad disruptions across sectors, economies, and industries. The new tariffs, aimed at recalibrating US trade relations, have affected everything from home mortgages and semiconductors to beef exports and the luxury goods market. Some sectors

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Russell 2000 enters bear market as tariff fallout hits small caps hardest

The Russell 2000 index has officially entered bear market territory, falling more than 20% from its all-time high in late November 2024. The benchmark for small-cap US stocks has dropped 6.47%, dragged lower by recession fears, rising costs, and fallout from President Donald Trump’s sweeping new tariff regime.   It is the first major US

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