Shares of industrial supplier Fastenal (NASDAQ:FAST) jumped 7% in the afternoon session after the company reported strong first quarter 2025 results which blew past analysts' sales volume expectations. Sales, EBITDA, and EPS were also in line with expectations, which showed the company was executing as expected. Sales growth continued to improve despite broader business activity remaining soft, helped by a bigger base of customers spending more each month. Overall, we think this was a decent quarter.
The trade war shows no signs of slowing down as China responded on Friday morning with a retaliatory tariff now standing at 125% on U.S. imports. Here's a look at which companies are most exposed to China and could face impacts from the ongoing trade war:
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for all countries. This reminded markets that the global trade environment remained volatile, limiting the potential for sustained gains.
Kid’s apparel and accessories retailer The Children’s Place (NASDAQ:PLCE)
will be announcing earnings results tomorrow after the bell. Here’s what to look for.
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD)
jumped 14% in the afternoon session after markets rallied sharply on news that President Trump announced a 90-day tariff pause. Reciprocal tariffs were also dropped to 10% for most countries, sparking renewed optimism amid ongoing trade talks. The major stock indices rose as investors, growing impatient of seemingly irrational tariff actions, welcomed the pause as a sign of a more measured path forward.
Shares of computer processor maker Intel (NASDAQ:INTC)
jumped 7.2% in the afternoon session after markets rallied sharply on news that President Trump announced a 90-day tariff pause. Reciprocal tariffs were also dropped to 10% for most countries, sparking renewed optimism amid ongoing trade talks. The major stock indices rose as investors, growing impatient of seemingly irrational tariff actions, welcomed the pause as a sign of a more measured path forward.
Shares of cannabis company Tilray Brands (NASDAQ:TLRY)
fell 19.7% in the afternoon session after the company reported weak fiscal third-quarter 2025 results that missed analysts' sales and EBITDA estimates, signaling ongoing challenges in growing its top line.
Consumer Staples stocks like McCormick (NYSE: MKC) and General Mills (NYSE: GIS) have historically outperformed the S&P 500 during recessions. BofA Securities analysts say earnings per share, not sales growth, drive stock performance. Limited tariff exposure could also boost sector appeal.
Spruce Point Capital Management has announced a short position against Monster Beverage Corp (NASDAQ:MNST) as the short seller sees 25% to 40% downside risk.
Electronics distributor Richardson Electronics (NASDAQ:RELL) will be reporting earnings tomorrow after market hours. Here’s what investors should know.
Seeing as beverages are one of the most essential consumer items, Coca-Cola stock is historically known to be a pleasant hedge against market volatility when economic uncertainty arises.
