The US Build “Is The Biggest Build In The World”
From Yahoo Finance: 2025-04-10 14:00:00
Jim Cramer discussed stocks benefiting from tariff selloff and sectors seeing money flow. Mexican stocks thrived, US stocks sank due to tariff exposure. Small-cap stocks in bear market due to shrinking multiples. Cramer called tariffs ‘reciprocal,’ impacting corporate earnings and reducing valuation multiples. Homebuilder stocks may see gains as mortgage rates drop. Money may flow to homebuilding stocks as rates decrease. Cramer noted few stocks may work post-selloff. Hedge funds interested in stocks for potential market outperformance. Taiwan Semiconductor Manufacturing Company Limited (TSM) is largest contract chip manufacturer. TSM’s stock fell due to tariff concerns, optimism around US manufacturing plans with NVIDIA. TSM ranks 5th on Cramer’s list, but AI stocks may offer higher returns in shorter time frame. Check out our report on the cheapest AI stock for potential massive gains. 1. The stock market saw a sharp drop today, with the Dow Jones Industrial Average falling over 500 points. Investors are concerned about rising inflation and interest rates, leading to a sell-off in tech and growth stocks.
2. The FDA has approved a new drug for the treatment of Alzheimer’s disease. Aduhelm, developed by Biogen, is the first drug to be approved for Alzheimer’s in nearly 20 years. However, the approval has been met with controversy over its efficacy.
3. A wildfire in California has forced thousands to evacuate their homes. The fire, which started in the Sierra Nevada mountains, has rapidly spread due to high winds and dry conditions. Firefighters are working to contain the blaze and protect nearby communities.
4. The Supreme Court has ruled in favor of a Catholic foster care agency in a case involving LGBTQ rights. The agency had refused to work with same-sex couples, citing religious beliefs. The ruling has sparked debate over the balance between religious freedom and anti-discrimination laws.