Stock Movers: Tesla, Nvidia, ASML Drop on Tariffs; United Airlines Rises on Forecast

Semiconductor Industry Hit by Tariffs

• 💡 Nvidia shares fell after the company warned that new trade rules could lead to over $5.5 billion in write-downs due to inventory commitments for a chip banned from China.
• ⚠️ The US administration's ban on selling H20 chips to China, citing concerns about their use in supercomputers, has impacted Nvidia's business.
• 📉 ASML Holdings reported first-quarter bookings below expectations and warned shareholders about tariff uncertainty, impacting their role as a supplier of chip manufacturing machines.
• 📉 A broader sell-off affected chip firms globally, including Samsung and Advanced Micro Devices, following these developments.

United Airlines Offers Dual Outlook

• ✈️ United Airlines saw its shares rise after presenting two distinct earnings scenarios for 2025.
• 📈 One scenario projects an adjusted profit of $11.50 to $13.50 per share if the current economic environment persists.
• ⚠️ The second scenario forecasts a profit of $7 per share if the US economy enters a recession, a move noted as unusual by analysts.
• 👏 This multi-scenario outlook is seen by investors as a sign of relief, suggesting the airline might perform better than competitors even in an economic downturn, contrasting with recent guidance withdrawals from American Airlines and Delta Airlines.

Tesla Halts Component Shipments

• 🚗 Tesla shares declined due to reports of suspended plans to ship components for its Cybercab and Semi electric trucks from China to the US.
• 🚧 This suspension could disrupt Tesla's plans for mass production of its electric trucks.
• 💰 Tesla was previously prepared to absorb additional costs from potential tariffs on Chinese goods, but broader tariff increases have made it uncertain if they can continue to do so.