TARIFFS LATEST US, China to slash tariffs for 90 days Thailand - Delayed Quote • THB Origin Property Public Company Limited (ORI-R.BK) Follow Add holdings 1.8800 -0.0600 (-3.09%) At close: May 9 at 4:38:18 PM GMT+7 Related News How 'negative' sentiment is driving defensive tech bets Tech stocks have clawed back some recent losses, but uncertainty around tariffs is keeping investors cautious. Baird managing director Ted Mortonson joins Market Domination to break down the shift in sentiment, highlighting why some still see big names like Microsoft (MSFT) and Amazon (AMZN) as relatively safe bets. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Amazon offers peek at new human jobs in an AI bot world The tech industry seems to have two thoughts when it comes to where human workers fit into the AI-powered world they are creating: Either they think that all the jobs, except perhaps their own, will be done by bots. (VC Marc Andreessen seems to think that his work as an investor could never be automated). Or they think that bots will do the icky, boring work, acting as human companions in jobs while humans do brand-new jobs that the bot revolution creates. The latter is the one most supported by Walmart, Deere, Alibaba, Cisco: Earnings to Watch This Week Asking for a Trend Josh Lipton looks ahead to this week as he previews several of the biggest earnings reports that Wall Street will have its eyes on, including Walmart (WMT), Alibaba (BABA), Cisco Systems (CSCO), Deere & Co. (DE), and CoreWeave (CRWV). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Latest News In Electric Vehicles - China's HEV Battery Market Growth Sparks New Opportunities The Chinese hybrid electric vehicle (HEV) battery market is poised for significant growth as the adoption of electric vehicles increases and lithium-ion battery prices drop. Lithium-ion technology dominates the market due to its high energy density and reliability, driving competition among key players like LG Energy, Toshiba, and BYD. While alternative technologies such as battery electric vehicles present challenges, advancements in battery technology, including faster charging times and... China's March shipments of foreign-branded cellphones drop almost 50% Chinese shipments of foreign-branded cellphones, including Apple Inc's iPhones, dropped by 49.6% year on year in March, according to data released on Monday by a government-affiliated research company. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that March shipments of foreign-branded phones in China decreased to 1.887 million units from 3.747 million a year earlier. Apple considers raising iPhone prices, WSJ reports Apple is considering raising the prices of its fall iPhone lineup, a step it is seeking to couple with new features and design changes, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shares of the company rose 7% in premarket trading. The company is determined to avoid any scenario in which it appears to attribute price increases to U.S. tariffs on goods from China, where most Apple devices are assembled, according to the report. Apple Considers Raising iPhone Prices, Without Blaming Tariffs The company wants to avoid appearing to attribute price increases to U.S. tariffs on goods from China, where most Apple devices are assembled. Pharma Shares Fall Pre-Bell Following Plan by Trump to Reduce US Prescription Drug Prices Pfizer (PFE), AstraZeneca (AZN), Johnson & Johnson (JNJ), and other drug company shares fell in Mond Italy’s Moltiply sues Google for $3.34bn The Italian company alleges that Google favoured its own service to the detriment of Moltiply's subsidiary, 7Pixel, from 2010 to 2017. MRK Q1 Earnings Call: Pipeline Expansion, Tariff Pressures, and Portfolio Diversification Global pharmaceutical company Merck (NYSE:MRK) reported Q1 CY2025 results exceeding the market’s revenue expectations, but sales fell by 1.6% year on year to $15.53 billion. The company expects the full year’s revenue to be around $64.85 billion, close to analysts’ estimates. Its non-GAAP profit of $2.22 per share was 4% above analysts’ consensus estimates. Trump Vows US Drug Price Cuts of Up to 80% in Industry Blow (Bloomberg) -- President Donald Trump said he plans to order a cut in US prescription drug costs by mandating that Americans pay no more than people in countries that have the lowest price. Shares of pharmaceutical companies fell worldwide. Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsIs Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic?What’s Behind the Rise in Serious Injur Trending tickers: Tesla, Alibaba, Eli Lilly, Novo Nordisk and Glencore The latest investor updates on stocks that are trending on Monday. 3 Things Alphabet's Management Just Said That Should Make Tesla and Nvidia Investors Happy Alphabet is also exploring the option of allowing personal ownership of robotaxis. Spending on data centers continues to be robust. Here's a look at three discussion points from the earnings call that are great news for Tesla (NASDAQ: TSLA) and Nvidia (NASDAQ: NVDA) investors. 1 Growth Stock Down 20% to Buy Right Now This leading online retailer isn’t immune from tariffs, but it is in a favorable position to handle the uncertainty. Multiple growth tailwinds will drive top-line gains for this already massive corporation. These Stocks Are Moving the Most Today: Amazon, Nvidia, Tesla, Alibaba, Eli Lilly, Pfizer, and More Amazon.com, Nvidia, Tesla, and the rest of the Magnificent Seven stocks jump as the U.S. and China reach an agreement to temporarily slash most tariffs on each other’s goods, while Eli Lilly and Pfizer fall after President Donald Trump plans to sign an executive order that would reduce the cost of drugs in the U.S. Lilly-Purdue partnership to invest $250m in pharma innovation The partnership is anticipated to yield economic benefits for Indiana, enhancing innovation locally. Hong Kong Stocks Surge Back to Pre-'Liberation Day' Levels Shares in Hong Kong jumped after the U.S. and China agreed to slash tariffs and continue trade negotiations. The benchmark Hang Seng Index rose 3%, while the Hang Seng Tech Index surged 5.2%. Ecommerce heavyweight Alibaba advanced more than 6%. Apple's brutal year keeps getting worse A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here. Wondering if Pfizer's 7.6% Dividend Yield Is Sustainable? Here's What You Need to Know. Pfizer can cover its dividends with free cash flow, but doesn't have a huge cushion. The company faces some risks from pipeline setbacks, patent expirations, and U.S. government policies. Its dividend appears to be sustainable despite the uncertainties. Is Meta Platforms a Better "Magnificent Seven" Stock to Buy Right Now Than Apple? Meta's stock performance, growth, and valuation are better than Apple's. Apple also faces more uncertainty over the next few years than Meta does. Both stocks could be winners for long-term investors, but Meta appears to be the better pick right now. Performance Overview Trailing total returns as of 5/9/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD (^990100-USD-STRD) Return ORI-R.BK MSCI WORLD (^990100-USD-STRD) YTD -81.99% -0.49% 1-Year -81.95% +8.99% 3-Year -80.13% --