On this episode of Stock Movers:
-Tesla (TSLA) shares drop. Tesla's first-quarter vehicle deliveries were far below estimates, confirming "unprecedented brand damage" due to car-buyer backlash against Elon Musk. Tesla's sales plummeted 62% last quarter in Germany, and its stock has slumped since hitting a record high on December 17.
-Nvidia (NVDA) shares slump after Thursday’s slump wiped $1.4 trillion in market capitalisation from the Nasdaq 100 Stock Index. Companies like Apple, Nvidia, and Broadcom are particularly affected, as they source hardware components and assembly labor from southeast Asia and will have to either hike prices or absorb costs and watch profits dwindle.
-Wayfair (W US) shares slide after Citi downgraded the online furniture retailer to neutral from buy. The broker said President Donald Trump’s tariff announcement “created significant exposure” to the supplier base of Wayfair, and sees eBay as better positioned.

On this episode of Stock Movers: -Tesla (TSLA) shares drop. Tesla's first-quarter vehicle deliveries were far below estimates, confirming "unprecedented brand damage" due to car-buyer backlash against Elon Musk. Tesla's sales plummeted 62% last quarter in Germany, and its stock has slumped since hitting a record high on December 17. -Nvidia (NVDA) shares slump after Thursday&rsquo;s slump wiped $1.4 trillion in market capitalisation from the Nasdaq 100 Stock Index. Companies like Apple, Nvidia, and Broadcom are particularly affected, as they source hardware components and assembly labor from southeast Asia and will have to either hike prices or absorb costs and watch profits dwindle. -Wayfair (W US) shares slide after Citi downgraded the online furniture retailer to neutral from buy. The broker said President Donald Trump&rsquo;s tariff announcement &ldquo;created significant exposure&rdquo; to the supplier base of Wayfair, and sees eBay as better positioned.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Tesla Shares Drop, Nvidia Slumps, Wayfair Falls on Tariff Concerns

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