Tariff tensions raise recession chances, impacting global markets; Micron stock fell post-earnings.

From Yahoo Finance: 2025-04-04 17:27:00

President Trump’s new reciprocal tariff announcement is impacting global markets, with Goldman Sachs raising recession chances to 35%. China and Europe are responding with retaliatory tariffs, potentially leading to a US recession. Micron Technology, Inc. (NASDAQ:MU) stock fell post-earnings, currently trading at $88. Micron leads the HBM market and smartphone industry, with Q2 results showing a 38% YoY revenue increase to $8.05 billion. While MU ranks 4th in potential recession stocks, AI stocks may offer higher returns. For more on AI stocks, visit the link provided. No personal disclosures.



Read more at Yahoo Finance: A Cautious Outlook Amid Tariffs