- Trump-era tariffs are reportedly benefiting certain AI stocks, with Western Digital listed on Nasdaq and Morgan Stanley raising its price target.
- UBS and Morgan Stanley are raising price targets and ratings for companies benefiting from Trump-era tariffs, onshoring trends, and Nasdaq listings.
Donald Trump cited Nasdaq performance in a CNBC interview, claiming the US economy is soaring.
6 reports, 5 independent
Updated Aug 4
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 6
- Developments
- 4
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Donald Trump cited Nasdaq performance in a CNBC interview, claiming the US economy is soaring.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Donald Trump was used as a benchmark for job market discussions during economic reports broadcast on CNBC.Sub-event
Trump claims US entered a Golden Age as stock indexes hit record highs.1 source
SEC acted on Trump's public call; Nasdaq welcomed the SEC proposal.1 source
Trump links Nasdaq performance to claims of a soaring US economy.1 source
Keep exploring
Part of
UBS and Morgan Stanley are raising price targets and ratings for companies benefiting from Trump-era tariffs, onshoring trends, and Nasdaq listings.Also in this story
- UBS analyst raised a price target on Rivian Automotive, a company listed on the Nasdaq exchange.
- Astera Labs announced its inclusion in the Nasdaq-100 large-cap index, alongside analyst firms raising price targets on the stock.
- Paychex benefits from Trump-era tariffs, prompting UBS to trim its price target.
- UBS raised a price target for Marvell Technology, citing strong demand driven by AI.
The entities involved
-
Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
-
Nasdaq
American fully electronic stock exchange
Related events
- BioPharma stock was traded on the NASDAQ stock exchange on July 30, 2026, with its performance tracked by financial blogs.
- Nasdaq operates under US federal securities laws.
- MillerKnoll reported its sales figures on the Nasdaq stock exchange.
- CNB Financial Corporation is trading on the Nasdaq stock exchange, and investment banks are providing target price updates.
- Jim Cramer mentioned AI stocks benefiting from Trump tariffs, with Planet Fitness also involved in the discussion.