Skip to Main Content Skip to Search This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Treasury Trading Desks Brace for Tariff Legal Battle and U.S. Debt Plans By Karishma Vanjani Nov 04, 2025, 4:00 pm EST Share Resize Reprints Consensus has been for the Treasury to keep it ...

So why won't this war. >> But Nora, that was Joe Biden's war, not my war. I inherited that stupid war.>> As the bloodiest land war in Europe since World War II continues, >> but I brought I mean just a little list of of of look at this wars. >> President Trump wanted to make sure we saw the list of eight international conflicts he says he's been able to end since returning to office. And you have branded yourself the peace president.Well, I think I did pretty good. I I solved those are eight of the nine war ...

This trade war though was hurting Americans. I mean, our soybean farmers, China had stopped buying the soybeans. China was withholding these rare earth materials that you need for everything from smartphones to build submarines.>> Sure. >> What was the crucial thing. I mean, how tough of a negotiator.>> It was a temporary hurt. It was a hurt because uh I was taking in a lot of money from China. We were doing very well against China.And all of a sudden, they said, you know, we have to fight back. And so they ...

Supreme Court Could Overturn Trump’s Tariffs: Target, Samsung, Walmart Would Be Among Biggest Winnershttps://t.co/bQzaQPDk2M https://t.co/snHruYd1E8 ...

Investors will be keeping a close watch Wednesday as the Supreme Court hears oral arguments in a case that could determine whether most of President Donald Trump's wide-ranging tariffs will stand or not. ...

Group 1 - Intuitive Surgical's stock is currently priced at $538.82, showing a gain of $5.39 or 0.99%, with a notable 30% increase in the last period [1] - The company is forming a handle pattern with a buy point at $552.50 after a long consolidation phase [1] - Intuitive Surgical has experienced accelerated earnings and revenue growth over the last two quarters, achieving a Composite Rating of 97 out of 99 [1] Group 2 - The stock market rose due to doubts about Trump tariffs, with key stocks like Robinhood and AppLovin leading the earnings movers [2] - Despite the overall market fading, Intuitive Surgical's Composite Rating has improved to 96, indicating strong performance [4] - The company is closely watched as it prepares for the release of the Da Vinci 5 system, which is expected to impact its market position significantly [4]

Core Insights - The rising cost of groceries and other products is significantly impacting consumers, with tariffs contributing to increased prices [2][3] - Consumers are absorbing approximately 55% of the costs associated with tariffs, indicating a substantial financial burden [3] Company Strategy - Costco's Kirkland Signature brand is a key asset that helps the company maintain competitive pricing despite rising costs from tariffs [4][6] - The Kirkland brand has established a reputation for quality, allowing Costco to consolidate its private-label products under one name, which differentiates it from competitors [5][6] - Costco's inventory management strategy, which limits the number of SKUs to about 4,000, enables the company to adapt quickly to market changes and negotiate better prices with suppliers [7][8] Financial Performance - During the Q4 2025 earnings call, Costco's CEO highlighted the increasing sales penetration of the Kirkland Signature brand, which is contributing to value for members [6] - The company's CFO noted that Costco has the flexibility to adjust its product offerings based on perceived value, further supporting its pricing strategy [7]

Core Insights - Capri Holdings reported an unexpected quarterly loss and warned of potential margin impacts due to tariffs amid rising economic uncertainty affecting consumer sentiment and retail operations [1][2] - The company anticipates an unmitigated tariff impact of approximately $85 million in fiscal 2026 [1] Financial Performance - Capri's quarterly gross margin decreased to 61% from 62.3%, primarily due to a 130-basis-point negative impact from tariffs [3] - The company posted a quarterly adjusted loss of 3 cents per share, contrasting with Wall Street estimates of a profit of 13 cents per share [3] - Quarterly revenue reached $856 million, surpassing estimates of $825.7 million [5] Brand Performance - Revenue for the Michael Kors brand declined by 1.8% on a reported basis, an improvement from a 5.9% decline in the previous quarter [4] - Capri's turnaround efforts included the sale of its struggling Versace label to Prada earlier this year [4] Market Outlook - CEO John Idol projected a gross margin decline of 200 to 250 basis points for Q3, attributing this to higher inventory costs due to full tariffs [2] - Analyst Rachel Wolff noted that while Capri's earnings indicate some recovery in the luxury industry, demand remains uncertain due to economic turbulence affecting consumer sentiment [4]

Core Viewpoint - A group of investors has filed a lawsuit against Dow Inc. for failing to adequately disclose the impact of tariffs on its business, marking the first investor class action related to the tariffs imposed during President Trump's administration [1][10]. Group 1: Legal Implications - The lawsuit against Dow Inc. is indicative of a broader trend where investors may feel misled by companies' optimistic messaging regarding their financial health amid tariff impacts [2][10]. - There is a growing risk of litigation for companies as the effects of tariffs become evident in financial results, potentially leading to more lawsuits similar to the Dow case [5][10]. - Legal experts suggest that plaintiffs' lawyers are likely to exploit stock price declines to claim that companies mismanaged or miscommunicated their financial outlooks [3][6]. Group 2: Insurance Market Response - The uncertainty surrounding tariffs has led to increased demand for Directors and Officers (D&O) liability insurance, as companies seek protection against potential lawsuits [7][8]. - Insurers are observing heightened interest in D&O coverage, reflecting the current climate of uncertainty and the associated litigation risks [6][7]. - While D&O coverage for companies is less commonly purchased, there may be a shift in interest due to the emerging risks from tariff-related allegations [8]. Group 3: Investor Sentiment and Company Performance - Investors are increasingly concerned about the transparency of companies' communications regarding their financial performance, especially in light of disappointing results attributed to tariffs [9]. - In Dow's case, investors reacted negatively to the company's second-quarter results, which included a dividend cut and blamed tariffs, despite prior assurances of resilience [9]. - The expectation is that more tariff-related securities class action lawsuits will emerge as companies navigate the complexities of tariff impacts on their operations [12].

Core Insights - The Nintendo Switch 2 has sold over 10 million units in its first four months, significantly surpassing its predecessor's sales pace [2][3] - Nintendo has raised its sales forecast for the Switch 2 to 19 million units by March 2026, up from an earlier estimate of 15 million [2] - The Switch 2 is selling at a price of $450, which is a 50% increase compared to the original Switch's launch price [6] Sales Performance - The Switch 2 achieved sales of 10.36 million units since its launch on June 5, 2023, compared to 4.7 million units for the original Switch in the same timeframe [2] - The Switch 2 is recognized as the fastest-selling gaming console of all time, with over 3.5 million units sold within the first four days of its release [3] Market Dynamics - Analysts suggest that the higher price of the Switch 2 may have been influenced by tariffs imposed by the Trump administration, which affected manufacturing costs [6] - Despite the price increase, consumer confidence remains strong, indicating brand loyalty and demand for the Switch 2 [4] Game Sales - Over 20 million games for the Switch 2 have been sold in the first four months, with notable titles like "Mario Kart World" and "Donkey Kong Bananza" contributing to these figures [5] - Approximately 8 million of the game units sold were bundled with the Switch 2 consoles [5] Competitive Landscape - The original Nintendo Switch is nearing the sales figures of the Nintendo DS, with 154.01 million units sold, just shy of the DS's 154.02 million [7] - The Switch has the potential to surpass Sony's PlayStation 2, which holds the record for the best-selling console at 160 million units [7]