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Tariffs Weigh on Tesla; Nvidia's CoreWeave Disappointment; Gold Propels Newmont | Stock Movers
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March 31, 2025
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4:33Now PlayingOn this episode of Stock Movers:
- Tesla (TSLA) shares are down amid President Trump's incoming auto tariffs and as it expects to released its first-quarter deliveries on Wednesday. The electric car company snapped its nine-week losing streak last week, though it is down 35% on the year entering the trading day.
- Nvidia (NVDA) dropped pre-market following a disappointing IPO from the company it's backing, CoreWeave. The pure play AI start-up began trading Friday and shares fell below its offering price of $40. Nvidia's down 18% on the year coming into Monday.
- Newmont Corp. (NEM) shares are rising as gold prices rise and investors make defensive plays amid policy uncertainty about US tariffs.
- Moderna (MRNA) shares declined in premarket trading following the fiery resignation of Dr. Peter Marks, who led the FDA's Center for Biologics Evaluation and Research. Marks' quick approval for medicines for rare diseases has helped biotech companies, and the sector has sold off on the news.
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Tariffs Weigh on Tesla; Nvidia's CoreWeave Disappointment; Gold Propels Newmont
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