Economy & Business World

These 4 tech billionaires who attended or donated to Trump’s inauguration lost $194 billion in his first 100 days  Business InsiderHow Big Tech’s Faustian bargain with Trump backfired  Fast CompanyHere’s How Much American Billionaires Have Lost In Trump’s First 100 Days  Forbes100 Days In, Trump’s Silicon Valley Romance Isn’t What It Seemed  Tech Policy PressWhat 95 Days Sucking Up to Trump Got the Tech Lords Elon Musk, Jeff Bezos, Mark Zuckerberg  The Daily Beast

HSBC sounds Trump tariff alarm, taking shine off Q1 profit beat and buyback  ReutersHSBC announces share buyback of up to $3 billion as first-quarter results top expectations  CNBCHSBC’s Elhedery backs US dollar despite worsening economic outlook due to tariffs  Financial TimesHSBC Soothes Investors With Another Buyback in Rocky Market  Bloomberg.comHSBC Reports Lower Quarterly Profit, Announces $3 Billion Share Buyback  WSJ

The 4 a.m. Wake-Up Is Not Just for Superman CEOs Anymore  WSJ

Trump’s second-term economy is defined by one word: uncertainty. These charts show how.  Business InsiderWhy Trump’s Economic Disruption Will Be Hard to Reverse  The New York TimesOpinion | I’m a Conservative Economist. Here Are 6 Reasons Trump’s Plans Won’t Work.  PoliticoTrump’s attempt to upend the global order has already been defeated  The TelegraphBreakingviews: Trump’s low pain threshold limits economic damage  Reuters

Prediction: Palantir Technologies Won’t Live Up to the Hype on May 5  The Motley FoolPalantir is soaring while its tech peers are sinking. Here’s why  CNBCIs Palantir Technologies the Ultimate Stock to Avoid Tariff Fears?  Yahoo FinancePalantir Q1 Earnings Preview: Nothing Stops The AI Train  Seeking AlphaAnalysts reset Palantir stock forecast amid rally  TheStreet

GM reportedly recalls 877K trucks, SUVs with possible engine defect  WKRCGM Recalls 721K Trucks and Full-Size SUVs Due to Defective 6.2L V-8s  Car and DriverGM recalls nearly 600,000 Chevrolet, Cadillac, GMC vehicles: See impacted models  USA TodayGM recalling nearly 600,000 U.S. vehicles over engine issue  CNBCGM Issues Stop Sale, Recall for 877,000 Trucks, SUVs  Kelley Blue Book

Trump auto tariffs “deal” reached, Commerce Secretary Howard Lutnick says  AxiosHoward Lutnick says ‘deal’ has been reached on auto tariffs  CNNStock Market Today: Dow Futures Edge Up; Earnings in Focus — Live Updates  WSJWhite House Looks to Take Steps to Ease Pain From Car Tariffs  The New York TimesTrump Administration Signals Carmakers May Get Some Tariff Relief  Forbes

Trump on a precipice as markets write dollar’s eulogy  Asia TimesDollar collapse: The crisis is no longer just theoretical  The HillDollar on track for biggest two-month fall in more than two decades  ReutersDollar Doubts Dominate Gathering of Global Economic Leaders  The New York TimesWhat Would Be Worse Than a Recession?  The Atlantic

CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs  CNBCEmpty shelves, trucking layoffs lead to a summer recession in Apollo’s shocking trade fight timeline  CNBCYour Home Without China  The New York TimesEmpty ports, empty shelves? Trump tariff battle set to hit home soon  Chicago TribuneTariffs on Chinese-made machinery drive up costs for U.S. manufacturers  The Washington Post

Deutsche Bank reports highest profit in 14 years  Financial TimesDeutsche Bank posts 39% jump in first-quarter profit, above expectations  CNBCDeutsche Bank posts 39% rise in first-quarter profit, but tariffs weigh  ReutersDeutsche Bank’s Debt Trading Hits Record on Market Volatility  Bloomberg.comDeutsche Bank posts 39% rise in first-quarter profit  Yahoo Finance