Is Trump's tariff negotiation strategy backfiring?
There is a clear pattern to U.S. President Donald Trump's tariff negotiations. Andrew Chang explains key steps to Trump's playbook and to what extent they work. Then, the bizarre way Trump's team calculated reciprocal tariffs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBC
an hour ago
- CBC
At Issue - June 07, 2025
At Issue is Canada's most-watched political panel, hosted by CBC Chief Political Correspondent Rosemary Barton and featuring leading political journalists; Chantal Hebert, Andrew Coyne, Althia Raj and Elamin Abdelmahmoud.
CBC
2 hours ago
- CBC
U.S. immigration authorities extend raid activity in Los Angeles area amid protests
U.S. immigration authorities extended activity in the Los Angeles area on Saturday in the wake of protests at a federal detention facility and a police response that included tear gas, flash-bangs and the arrest of a union leader. Border Patrol personnel in riot gear and gas masks stood guard outside an industrial park in the city of Paramount, Calif., deploying tear gas as bystanders and protesters gathered on medians and across the street, some jeering at authorities while recording the events on smartphones. "ICE out of Paramount. We see you for what you are," a woman announced through a megaphone, referring to U.S. Immigration and Customs Enforcement. "You are not welcome here." One hand-held sign said, "No Human Being Is Illegal." The boulevard was closed to traffic as U.S. Border Patrol circulated through the area. ICE representatives did not respond immediately to email inquiries about weekend enforcement activities." Arrests by immigration authorities in Los Angeles come as U.S. President Donald Trump and his administration push to fulfil promises to carry out mass deportations across the country. On Friday, ICE officers arrested more than 40 people as they executed search warrants at multiple locations, including outside a clothing warehouse, where a tense scene unfolded as a crowd tried to block agents from driving away. Los Angeles Mayor Karen Bass said the activity was meant to "sow terror" in the nation's second-largest city. In a statement on Saturday, ICE acting director Todd Lyons chided Bass for the city's response to protests. "Mayor Bass took the side of chaos and lawlessness over law enforcement," Lyons said in a statement. "Make no mistake, ICE will continue to enforce our nation's immigration laws and arrest criminal illegal aliens." Protesters gathered Friday evening outside a federal detention centre in Los Angeles, where lawyers said those arrested had been taken, chanting "set them free, let them stay!" Other protesters held signs that said "ICE out of LA!" and led chants and shouted from megaphones. Some scrawled graffiti on the building facade. Federal agents executed search warrants at three locations, including a warehouse in the fashion district of Los Angeles, after a judge found there was probable cause the employer was using fictitious documents for some of its workers, according to representatives for Homeland Security Investigations and the U.S. Attorney's Office.
Globe and Mail
2 hours ago
- Globe and Mail
Prediction: 1 Artificial Intelligence (AI) Stock to Buy Before It Soars 100% in the Next Year (Hint: Not Palantir)
Palantir Technologies (NASDAQ: PLTR) has been an incredible investment throughout the artificial intelligence (AI) boom. The stock has advanced 1,900% since January 2023. But CoreWeave (NASDAQ: CRWV) could be the next big winner as the AI boom continues to unfold. The company held its initial public offering two months ago, and the share price has already tripled, but I think CoreWeave stock can double again in the next year. Here's why. CoreWeave is a leader in artificial intelligence infrastructure services CoreWeave provides cloud infrastructure and software services. Its platform (called a GPU cloud) is purpose-built for demanding workloads like artificial intelligence (AI). Research company SemiAnalysis recently ranked CoreWeave as the best GPU cloud on the market, awarding it higher scores than competitors like Amazon, Microsoft, and Alphabet 's Google. CoreWeave has distinguished itself from those hyperscalers in two ways. First, it is frequently the first cloud to deploy the latest Nvidia technologies due to its close relationship with the chipmaker. Second, CoreWeave is very good at running GPU clusters, such that it frequently achieves record-breaking results at the MLPerf benchmarks: objective tests that measure the performance of AI systems. CoreWeave reported tremendous first-quarter financial results. Revenue increased 420% to $981 million, and adjusted operating income (which excludes stock-based compensation and interest payments on debt) increased 550% to $162 million. As a caveat, the company reported a non-GAAP (generally accepted accounting principles) net loss of $150 million because interest payments on debt cut into profits. However, significant debt is unavoidable when building AI infrastructure, and CoreWeave has a responsible borrowing strategy involving what management calls "naturally deleveraging self-amortizing debt facilities." That means the company only takes on debt when a customer contract creates a need for additional AI infrastructure, and only if that contract more than covers the cost of the debt. CoreWeave disclosed an impressive customer list when it filed its Form S-1 with the SEC prior to its initial public offering, including IBM, Meta Platforms, Microsoft, and Nvidia. Since then, CoreWeave has won new contracts with OpenAI and an unnamed hyperscaler, such that the company now has a revenue backlog of nearly $26 billion. Why CoreWeave stock could return 100% in the next year CoreWeave currently trades at 26 times sales. That is objectively expensive, but it seems reasonable for a company with triple-digit revenue growth and a gross margin of 73%. For instance, fellow cloud services company Cloudflare reported 27% revenue growth with a 77% gross margin in the most recent quarter, and that stock trades at 35 times sales. Here's why I think CoreWeave stock can double during the next year: Wall Street estimates trailing-12-month sales will grow 200% over the next four quarters. If that happens, shares can double while the price-to-sales ratio drops to a more reasonable 17. That seems plausible, provided demand for AI infrastructure remains robust. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor 's total average return is789% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon, Nvidia, and Palantir Technologies. The Motley Fool has positions in and recommends Alphabet, Amazon, Cloudflare, International Business Machines, Meta Platforms, Microsoft, Nvidia, and Palantir Technologies. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
