Core Viewpoint - United States Steel has experienced a significant rally of 35% in three weeks, driven by trade protectionist sentiment and optimism surrounding a $14 billion acquisition bid from Japan's Nippon Steel, reaching levels not seen since 2010 [1][2] Group 1: Acquisition Dynamics - The stock is trading close to the proposed buyout price of $55 per share, raising questions about potential upside and whether the rally has peaked [2][5] - Trump's endorsement of the acquisition has been a major catalyst for the stock's rise, with a single statement causing a 20% jump in one session [3][4] - If the acquisition fails, other domestic steelmakers like Cleveland-Cliffs Inc. and Nucor Corp may present better offers, potentially exceeding Nippon's bid [8] Group 2: Market Sentiment and Risks - The stock is currently trading at $53.27, which is just below the proposed acquisition price, indicating limited upside potential [10] - The stock's relative strength index (RSI) is above 75, suggesting it is in overbought territory, indicating that the best-case scenario may already be priced in [10][11] - Labor unions oppose the acquisition, raising concerns about job security and U.S. industrial policy, which could impact the deal's approval [7][8]

Core Viewpoint - Amazon has made a last-minute bid to acquire TikTok, which has positively impacted its stock price amid a broader market increase [1][2]. Group 1: Amazon's Stock Performance - Amazon's shares rose by 2.6% as of 1:30 p.m. ET, reaching a peak increase of 3.2% earlier in the day [1]. - The rise in Amazon's stock coincided with gains in the S&P 500 and Nasdaq Composite, which were up 0.9% and 1.3%, respectively [1]. Group 2: TikTok Acquisition Bid - Amazon's offer to buy TikTok was submitted just days before a deadline for the app to find a non-Chinese buyer or face a ban in the U.S. [2][3]. - The bid was directed to Vice President JD Vance and Commerce Secretary Howard Lutnick, indicating a strategic move to secure the app before the April 5 deadline [2]. Group 3: Implications of the Acquisition - If successful, the acquisition of TikTok could significantly benefit Amazon's financial performance, although the specifics of the deal remain unclear [4]. - Amazon's current stock is trading at a relatively low price-to-earnings ratio, suggesting it is a solid investment choice regardless of the TikTok acquisition outcome [4].