Wednesday, May 6, 2026

Trump’s 25% Tariff Could Wipe Out Affordable Imports Like the Chevy Trax

A potential 25% tariff on imported vehicles could severely impact affordable compact models, particularly those from Korean automakers.

NVIDIA Dips 1.25%, But Intel’s 7% Rally Helps Semiconductor Index Close Higher

Despite a 1% drop in Nvidia, Intel surged over 7%, leading to a slight rise in the semiconductor index, closing at 5090.79 points.

Tesla Stock Soars 3% After Bank of America Raises Target Price to $400

Tesla shares rose over 3% after Bank of America raised its target price, citing strong growth prospects in electric vehicles and robotics.

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