Thermo Fisher Scientific Inc. benefits from Trump-era tariffs and onshoring, leading to Wells Fargo reaffirming a 'Buy' rating.

The entities involved

• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• Thermo Fisher Scientific Inc. →

  multinational company providing scientific instrumentation

  Nothing else this week.

• Wells Fargo →

  American multinational banking and financial services company

  • Wells Fargo upgraded Sweetgreen stock to overweight from equal weight on September 28, 2026.Mon 16:33
  • Capital Research Global Investors acquired and increased its stake in Wells Fargo stock on June 19, 2026.Mon 16:28

Related events

• The new event concerns the impact of Trump-era tariffs and onshoring trends on Viatris.Jun 8
• Tariffs and onshoring trends may benefit AI stocks, with energy infrastructure like Kinder Morgan noting that they transport 40% of the natural gas produced in the US.Jun 8
• Barclays raised its price target for Okta, noting that AI stocks are benefiting from the onshoring trend and Trump-era tariffs.Jun 7
• Donald Trump imposed tariffs on Boeing on July 5, 2026.Jul 5