Francesca Fontana

So, when all of this came rolling out, we saw TAMU raising prices and temporarily halting all shipments from China. And you can see how this might have affected their bottom line. So, what does this mean for the US-traded shares of PDD? Well, PDD dropped 14% on Tuesday and on the week lost 19%. One business that is managing to overcome its Chinese trade woes is NVIDIA.

So, when all of this came rolling out, we saw TAMU raising prices and temporarily halting all shipments from China. And you can see how this might have affected their bottom line. So, what does this mean for the US-traded shares of PDD? Well, PDD dropped 14% on Tuesday and on the week lost 19%. One business that is managing to overcome its Chinese trade woes is NVIDIA.

The chip giant's business is still booming, even while it's effectively shut out of China's giant AI chip market. On Wednesday, NVIDIA posted another quarter of record-breaking sales, with quarterly revenue reaching $44.06 billion, which is a 69% increase. Even with Washington's roadblocks limiting sales to China. Nvidia shares gained more than 3% on Thursday.

The chip giant's business is still booming, even while it's effectively shut out of China's giant AI chip market. On Wednesday, NVIDIA posted another quarter of record-breaking sales, with quarterly revenue reaching $44.06 billion, which is a 69% increase. Even with Washington's roadblocks limiting sales to China. Nvidia shares gained more than 3% on Thursday.

And the stock helped power indexes to modest gains despite all of the back-and-forth court rulings I told you about re-Trump and tariffs. And on the week, the stock notched a gain of 2.9%. Last but not least, e.l.f. Beauty's stock got a major glow-up after announcing a $1 billion deal to acquire Hailey Bieber's beauty brand.

And the stock helped power indexes to modest gains despite all of the back-and-forth court rulings I told you about re-Trump and tariffs. And on the week, the stock notched a gain of 2.9%. Last but not least, e.l.f. Beauty's stock got a major glow-up after announcing a $1 billion deal to acquire Hailey Bieber's beauty brand.

Hailey Bieber, the American model and wife of Justin Bieber, started RODE back in 2022, and e.l.f. said that buying RODE will help diversify its supply chain out of China. Sorry, I know, China this, China that, it's just how it is. Elfshares ended up rocketing 24% higher on Thursday and on the week notched a gain of 34%. And now you know what's news in markets this week.

Hailey Bieber, the American model and wife of Justin Bieber, started RODE back in 2022, and e.l.f. said that buying RODE will help diversify its supply chain out of China. Sorry, I know, China this, China that, it's just how it is. Elfshares ended up rocketing 24% higher on Thursday and on the week notched a gain of 34%. And now you know what's news in markets this week.

You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Michael Kosmitis. I'm Francesca Fontana. Have a great weekend and I'll see you next Saturday.

You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section. Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Michael Kosmitis. I'm Francesca Fontana. Have a great weekend and I'll see you next Saturday.

Hey, listeners, it's Saturday, May 17th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. We have a deal. In case you missed it, we got a surprise on Monday when the U.S.

Hey, listeners, it's Saturday, May 17th. I'm Francesca Fontana for The Wall Street Journal, and this is What's News in Markets, our look at the biggest stock moves of the week and the news that drove them. Let's get to it. We have a deal. In case you missed it, we got a surprise on Monday when the U.S.

and China announced a trade deal rolling back most of the tariffs between the two countries that have been weighing heavily on investors' minds and on many companies' operations. Now, the relief could be temporary. It's a 90-day agreement, so plenty of uncertainty remains.

and China announced a trade deal rolling back most of the tariffs between the two countries that have been weighing heavily on investors' minds and on many companies' operations. Now, the relief could be temporary. It's a 90-day agreement, so plenty of uncertainty remains.

But the trade optimism sparked a rally on Monday, with the three major indexes making some smaller, mixed moves the rest of the week. On Tuesday, for instance, UnitedHealth's giant drop dragged the Dow lower, and we'll get to that stock's meltdown in a bit. All in all, the three major indexes each made some gains this week.

But the trade optimism sparked a rally on Monday, with the three major indexes making some smaller, mixed moves the rest of the week. On Tuesday, for instance, UnitedHealth's giant drop dragged the Dow lower, and we'll get to that stock's meltdown in a bit. All in all, the three major indexes each made some gains this week.

The Dow added more than 3%, the S&P 500 gained more than 5%, and the Nasdaq rose more than 7%. As far as individual movers go, let's run through some of the big winners of the US-China truce. Many of the stocks that had the most to gain were, logically, the ones most exposed to China in their supply chains. So, for example, Amazon, along with other big tech stocks, got a boost from the news.

The Dow added more than 3%, the S&P 500 gained more than 5%, and the Nasdaq rose more than 7%. As far as individual movers go, let's run through some of the big winners of the US-China truce. Many of the stocks that had the most to gain were, logically, the ones most exposed to China in their supply chains. So, for example, Amazon, along with other big tech stocks, got a boost from the news.

Amazon's ubiquitous online retail platform and many of the third-party sellers on that platform sourced their products from China. Before the trade deal eased the tariffs that they're subject to, many of these merchants warned that prices could skyrocket, and some said that they would have to stop their operations entirely.

Amazon's ubiquitous online retail platform and many of the third-party sellers on that platform sourced their products from China. Before the trade deal eased the tariffs that they're subject to, many of these merchants warned that prices could skyrocket, and some said that they would have to stop their operations entirely.