HaiKhuu Weekly Recap & Analysis
April 28 - May 2, 2025
MAJOR EVENTS OF LAST WEEK
Highlights:
Spotify said today it paid over $100 million to podcasts in Q1
The S&P 500 had its biggest loss in the first 100 days of a new presidential term since Nixon’s in 1973
Nvidia CEO Jesen Huang said the next generation of supercomputers will be manufactured in the United States
Nvidia is working on a new chip made for the Chinese market after U.S. export ban
Major Indices’ Weekly Movement:
S&P 500: +2.79%
Nasdaq: +3.38%
Dow Jones: +2.80%
Monday, April 28
Stock Related News:
Spotify said today it paid over $100 million to podcasts in Q1
White House Press Secretary Leavitt:
Trade talks with the UK are moving in a very positive way
Delta Air Lines is flying a new Airbus plane it bought through Japan to get around new US import tariffs
Amazon just launched its first batch of its Kuiper internet satellites into space
Economic News:
No Economic News
Major Indices:
S&P 500: +0.04%
Nasdaq: -0.03%
Dow Jones: +0.31%
Tuesday, April 29
Stock Related News:
Amazon is reportedly showing the cost of Trump tariffs on each product
Amazon said there was never any plan under consideration to show the cost of tariffs on the main website
UPS will cut 20,000 positions in 2025
Hims & Hers and Novo Nordisk just announced a new long term partnership
China waves tariffs on US ethane imports
Commerce Secretary Howard Lutnick:
A 10% tariff is virtually not going to change prices
Has a trade deal pending approval
President Trump is not focused
The S&P 500 had its biggest loss in the first 100 days of a new presidential term since Nixon’s in 1973
Taiwan Semiconductor has begun construction on a third chip plant in the United States in Arizona
Economic News:
Retail Inventories:
(Previous $147.8B, Actual $162.0)
Wholesale Inventories:
(Previous 0.5%, Actual 0.5%)
Consumer Confidence:
(Previous 93.9, Actual 86.0)
Job Openings:
Previous 7.5M, Actual 7.2M)
Major Indices:
S&P 500: +0.63%
Nasdaq: +0.66%
Dow Jones: +0.73%
Wednesday, April 30
Stock Related News:
President Trump:
This is Biden’s stock market, not Trump’s
This has nothing to do with tariffs
Not taking credit or discredit for stock market
Stock market shows how bad a situation we inherited, next quarter also shows Biden
Canada’s Prime Minister Mark Carney called yesterday to make a deal
I understand interest rates much better than Jerome Powell
Amazon announced it will spend $4 billion by the end of 2026 on expanding deliveries to small towns in rural America
The European Union will reportedly present trade proposals to the United States next week
Nvidia CEO Jesen Huang said the next generation of supercomputers will be manufactured in the United States
McDonald’s US sales dropped the most since height of pandemic in 2020
Economic News:
ADP Employment:
(Previous 147k, Actual 62k)
GDP:
(Previous 2.4%, Actual -0.3%)
Consumer Spending:
(Previous 0.4%, Actual 0.7%)
Core PCE Index:
(Previous 0.4%, Previous 0.0%)
Major Indices:
S&P 500: +0.04%
Nasdaq: -0.01%
Dow Jones: +0.28%
Thursday, May 1
Stock Related News:
President Trump:
Any country that buys oil from Iran will not be allowed to do business with the United States
Apple approved a new $100 billion share buyback program
Delta announced a new $1 billion share buyback program
Amazon Earnings:
EPS of $1.59 beating expectations of $1.36
Revenue $155.7B beating expectations of $1.55B
Apple Earnings:
EPS of $1.65 beating expectations of $1.63
Revenue of 95.4B expectations of $94.5B
Economic News:
Initial Jobless Claims:
(Previous 223k, Actual 241k)
ISM Manufacturing:
(Previous 49.0%, Actual 48.7%)
Construction Spending:
(Previous 0.6%, Actual -0.5%)
Major Indices:
S&P 500: +0.71%
Nasdaq: +1.31%
Dow Jones: +0.27%
Friday, May 2
Stock Related News:
Nvidia is working on a new chip made for the Chinese market after U.S. export ban
Canada’s new Prime Minister Mark Carney and President Trump are set to meet in the white house on Tuesday
Economic News:
Nonfarm Payrolls:
(Previous 185k, Actual 177k)
Unemployment Rate:
(Previous 4.2%, Actual 4.2%)
Hourly Wages:
(Previous 0.3%, Previous 0.2%)
Factory Orders:
(Previous 0.5%, Actual 4.3%)
Major Indices:
S&P 500: +1.48%
Nasdaq: +1.48%
Dow Jones: +1.38%
