US stocks tumbled as Wall Street braced for President Trump's announcement of new tariffs that stand to remake the global ...
US President Donald Trump is all set to announce reciprocal tariffs on 2 April, which will immediately come into effect.
The stock tumbled 35.8% in the first quarter, the worst quarterly performance since it plunged 53.6% in the fourth quarter of 2022. It has now shed 46.7% since it closed at a record $479.86 on Dec. 17 ...