Daily U.S. Stock Market News Briefing (April 8, Tuesday)

USHK News
2025.04.08 12:42

Important News

  1. Federal Reserve's Goolsbee stated that businesses are concerned that tariffs will reignite soaring inflation.

  2. U.S. Treasury Secretary Yellen stated that President Trump will personally participate in trade negotiations.

  3. Sources: President Trump will sign an executive order on Tuesday to support the coal industry.

Stock News

  1. Broadcom (AVGO.O) announced a $10 billion stock repurchase plan.

  2. United Microelectronics (UMC.N) reported a 9.31% year-on-year revenue growth in March, reaching NT$19.86 billion.

  3. Webull has filed for an IPO in the U.S. with the China Securities Regulatory Commission, planning to issue approximately 64.22 million shares.

  4. Eli Lilly (LLY.N) has had its application for the new Class 1 drug imlunestrant tablets accepted for listing in China, aimed at treating breast cancer.

  5. Apple (AAPL.O) staff reported a surge of customers panic-buying Apple products over the weekend.

  6. General Motors (GM.N) unveiled a new all-electric Corvette concept car, reaffirming its commitment to developing the European market.

  7. Micron Technology (MU.O) informed U.S. customers that it will impose additional fees related to tariffs on certain products starting April 9.

  8. UnitedHealth (UNH.N) rose 5% in after-hours trading as the Trump administration plans to significantly increase Medicare payment rates next year