Stocks Rally on the ‘TACO Trade’ After Trump’s Latest Tariff Delay

Stocks are taking a hit today as investors nervously await Nvidia’s earnings report—a key indicator of AI and tech sector health. Meanwhile, oil prices are climbing after Venezuela banned Chevron from exporting its crude, adding fresh jitters about global supply.

Editor’s Note: This isn’t just another market wobble. Nvidia’s performance could signal whether the AI boom still has legs, and Chevron’s ban tightens oil supplies when inflation fears are already lingering. If you’re watching your 401(k) or filling up your gas tank, these moves could hit closer to home soon.

Brazilian power giant Eletrobras is tapping investment bank BTG Pactual for advice on potentially selling its stake in Eletronuclear, the state-run nuclear energy company. This move signals Eletrobras’s continued shift toward privatization and streamlining its portfolio under the current government’s pro-market policies.

Editor’s Note: Eletrobras, one of Latin America’s largest utilities, has been gradually shedding state-controlled assets—this could be another step in that direction. If the sale goes through, it might reshape Brazil’s nuclear energy sector and draw investor interest, but it also raises questions about who takes the reins on critical infrastructure. For everyday Brazilians, it’s a wait-and-see moment: will this mean more efficiency or just less public oversight?

Chevron shareholders voted down proposals that would have pushed the company to adopt stricter human rights policies and ramp up renewable energy investments. The oil giant’s leadership opposed the measures, arguing they already have adequate policies in place. The vote signals continued resistance from big oil investors to major shifts in corporate strategy, despite growing pressure from activists and some institutional investors.

Editor’s Note: This isn’t just about Chevron—it’s a snapshot of the broader tug-of-war between fossil fuel companies and calls for faster climate action. While environmental and human rights advocates see these proposals as critical, many shareholders still prioritize short-term profits over long-term sustainability. The outcome suggests that, for now, Big Oil’s business-as-usual approach still has Wall Street’s backing.

Airbus is sounding the alarm—again—about ongoing delays in delivering new planes, and this time, they’re pointing the finger at persistent supply-chain snarls. The aerospace giant isn’t alone in this struggle, but the ripple effects could mean airlines waiting even longer for jets they’ve been counting on.

Editor’s Note: If you’ve been frustrated by flight cancellations or sky-high ticket prices, this is part of the reason why. Airlines banking on new Airbus planes to expand or replace older fleets might have to keep squeezing more life out of aging jets—or cut routes. For travelers, it’s another sign that the post-pandemic travel boom isn’t smoothing out as quickly as hoped.

GM CEO Mary Barra recently chatted with Wall Street Journal Editor in Chief Emma Tucker about the company’s electric vehicle plans at the WSJ’s Future of Everything event. The discussion likely covered GM’s ambitions, challenges, and how it’s positioning itself in the fast-evolving EV market.

Editor’s Note: With the auto industry racing toward electrification, Barra’s insights give us a peek into how one of the world’s biggest carmakers is navigating the shift. Whether you’re an investor, a car enthusiast, or just curious about the future of transportation, GM’s strategy—and its stumbles—could shape what’s available (and affordable) on the road in the next decade.