In today’s pre-mkt summary for Subscribers: Tariff uncertainty continued as Trump exempted smartphones and semiconductors from China tariffs, then suggested they would be held to a special sector tariff forthcoming this week; earnings season moves into full swing this week as CEOs/CFOs are likely to withdraw or limit FY’3025 guidance due to tariff uncertainty and likely cutbacks in consumer and business spending; $Tesla(TSLA.US) stock likely to weaken into next week’s earnings print, given continuing uncertainty about Tesla’s brand equity and the more affordable vehicle due out at end of June.
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