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Electronics Supply Chain Tariffs
Plus, TRON jumps amid big milestone.
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Today is Monday, April 14, 2025.
The Early Bird Index today is 63.11
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Electronics Supply Chain Tariffs
After a wild week, keep an eye on technology stocks today — especially companies that produce consumer electronics.
Background: On Friday, the White House said that electronics such as smartphones and computers were exempt from the latest round of reciprocal tariffs (this is good for tech stocks).
Yes, But: On Sunday, President Trump pushed back on those reports, denying the exemption for certain electronics. He added that his administration was looking at potential tariffs for the “whole electronics supply chain” in the future (this is bad).
Big Picture: These mixed signals could be a challenge for certain stocks and investors.
Early Bird’s Nest Egg Gains: Some tech stocks could benefit from the new tariffs on electronics, depending on their business models and supply chain strategies.
Companies that produce electronics or components domestically, such as semiconductor firms with U.S.-based facilities, could gain a competitive edge.
Non-hardware tech companies are expected to thrive in a tariff-heavy environment.
Final Thoughts: The tech-heavy Nasdaq is down 13.26% this year.
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Notables
Notable Earnings Today: Goldman Sachs (NYSE: GS), Applied Digital (Nasdaq: APLD), M&T Bank (NYSE: MTB), FB Financial (NYSE: FBK), Pinnacle Financial (Nasdaq: PNFP), BioStem Technologies (OTCMKTS: BSEM), Health in Tech (Nasdaq: HIT), Kestra Medical Technologies (Nasdaq: KMTS), Ontrak Health (Nasdaq: OTRK), Skillsoft (NYSE: SKIL).
Notable IPOs Today: N/A.
Notable Equity Crowdfunding Campaigns Ending Today: Lancasters (Wefunder), Qnetic (Wefunder), Alfie’s (Honeycomb), BeAssured (Netcapital), Lonerider Spirits (StartEngine), Boxabl (StartEngine).
Notable Economic Events Today: NY Fed 1-Year Consumer Inflation Expectations (11:00 a.m. ET).
TRON Jumps Amid Big Milestone
As most cryptocurrency prices fell on Sunday, TRON’s $TRX.X ( ▲ 0.39% ) price managed to jump around 4%.
Background: On Friday, TRON reached a critical milestone with 300 million accounts signed up for its blockchain.
Powering the Story: On Sunday, TRON’s founder Justin Sun predicted that TRON will hit all-time highs in the second quarter.
Price: Despite a troubled crypto market, TRON is up about 15% in the last 30 days. In the last 12 months, it is up 133%.
Final Thoughts: While it’s great that TRON has been able to keep growing its price during this difficult time, keep in mind that most so-called altcoins are volatile.
Oil Prices Still Dropping
The price of oil dipped on Sunday and is trading near a four-year low.
Details: The U.S.-China trade war has caused the price of oil to drop, which is a problem for most oil companies.
Final Thoughts: The United States Oil Fund, which tracks the price of oil, is down 12% this year.
Trends to Watch
Crypto Project Collapse: Mantra token price collapses by over 90% in 24 hours (Cointelegraph)
From Bad to Worse: Billionaire Ray Dalio: ‘I’m worried about something worse than a recession’ (CNBC)
Suspension: China Halts Critical Exports as Trade War Intensifies (New York Times)
Dollar Trouble: A flight from the dollar could wreck America’s budget (The Economist)
iReady: Tim Cook’s ‘Long Arc of Time’ Prepared Apple for the Trade War (Wall Street Journal)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.