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Trump rips ‘loser’ Tim Walz for hurting Dems in 2024 election

Politics 3 Mins Read

President Donald Trump said former Vice President Kamala Harris’ running mate, Minnesota Gov. Tim Walz, contributed to the Democrats’ loss in the 2024 election. 

Trump’s comments came in response to statements Walz provided in a podcast with California Gov. Gavin Newsom that aired on Tuesday, in which Walz predicted he could kick the ‘a–‘ of most Trump supporters. 

‘Well, he’s a loser. Yeah. No, I think so. He lost an election,’ Trump said Friday in the Oval Office of the White House. ‘He played a part. You know, usually a vice president doesn’t play a part. They say. I think Tim played a part. I think he was so bad that he hurt her. But she hurt herself. And Joe hurt them both. They didn’t have a great group, but I would probably put him at the bottom of the group.’ 

A spokesperson for Walz did not immediately respond to a request for comment from Fox News Digital. 

 

Walz’s comments originated during a discussion with Newsom about toxic masculinity. While Newsom discussed why he has brought on conservative figures like Charlie Kirk on his podcast because he believes one shouldn’t write someone off for having different views, Walz questioned how to challenge Trump backers. 

‘How do you fight it? I think I could kick most of their a–. I do think that,’ Walz said in response. ‘But I don’t know if we’re going to fall into that place where we want to— okay, we challenge you to a WWE fight here type thing.’

Walz also told Newsom he believes ‘I scare them a little bit’ and that he’s received scrutiny from Republicans, prompting Newsom to laugh. 

‘No, I’m serious, because they know I can fix a truck, they know I’m not bulls—-ing on this,’ Walz said. 

 

Meanwhile, Walz received some criticism for his comments on the podcast. 

Caitlyn Jenner, a trans woman formerly known as Bruce Jenner and former Olympic gold-medal decathlete, joked in an X post of being more ‘masculine’ than Walz. 

Vice President JD Vance also addressed Walz’ comments in an interview with The Daily Caller’s Vince Coglianese that aired Thursday. 

‘I have to say, Vince, I was never physically intimidated by Tim Walz,’ Vance said. 

Vance also addressed speculation that Walz may attempt to run for the U.S. Senate, following his bid as Harris’ running mate in the 2024 election.

‘I’m not too worried about Tim Walz as a political talent,’ Vance said. 

This post appeared first on FOX NEWS

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Politics

Trump downplays Canada’s liberal lean from Oval Office, calls border an ‘artificial line’

Politics 3 Mins Read

President Donald Trump called the U.S.-Canada border an ‘artificial line’ while also declining to say whether Canada would lean right or left if it were to become a state. 

Trump’s Friday comments were made during a press conference in the Oval Office amid controversy over the president speaking of Canada as the ’51st state.’

Fox News’ Peter Doocy asked the president whether he would be ‘concerned’ about whether Canada ‘would be a very, very blue state.’

‘It’s just an artificial line that was drawn in the sand or in the ice,’ Trump said. ‘You add that to this country – what a beautiful landmass. The most beautiful landmass anywhere in the world. And it was just cut off for whatever reason.’

‘It would be great,’ he continued. 

Trump circumvented the question, saying, ‘I don’t care who winds up there.’

‘Frankly, [it] probably would do better with the liberal than the conservative, if you want to know the truth,’ he responded. 

Trump referenced former Canadian Prime Minister Justin Trudeau during the exchange, whom he has notably called ‘Governor Trudeau.’

Trudeau resigned as leader of the Liberal Party and the country’s prime minister in early January, following increased pressure and criticism from within his own party and threats levied by then-President-Elect Trump. 

Former Bank of Canada governor Mark Carney won the Liberal leadership earlier this month, replacing Trudeau. 

‘I think Canada is a place like a lot of other places – if you have a good candidate, the candidate’s going to win,’ Trump said. 

Canadian MP Charlie Angus recently claimed the Trump administration had committed an ‘act of war’ over Trump repeatedly referring to Canada as the U.S.’ ’51st state’ and for leveling tariffs on the nation. 

‘Well, I think Marco Rubio probably needs to be sent back to school, because when you say that someone doesn’t have a right to have a country, that’s an act of war. When you rip up, arbitrarily, trade agreements and threaten and say you’re going to break a country, that’s an act of war. And Canadians have responded in kind,’ Angus said during an interview earlier this week with the MeidasTouch Network.

Trump leveled a 25% tariff on all imports of steel and aluminum from other nations in early March, while Canada specifically is set to face a 25% tax on all imported goods beginning April 2. The tariffs have sparked boycotts of U.S. goods. 

Fox News Digital’s Emma Colton contributed to this report. 

This post appeared first on FOX NEWS

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Politics

Left loses it over possibility of Musk top secret China briefing: ‘No business’

Politics 4 Mins Read

Sen. Kirsten Gillibrand, D-N.Y., said SpaceX and Tesla CEO Elon Musk has ‘no business’ conducting affairs at the Pentagon, amid reports Musk would receive secret information from top military officials Friday about military contingency plans should a war break out with China.  

While The New York Times reported that Musk was set to receive military plans about any potential China conflict, the Pentagon and White House pushed back and said Musk’s briefing wouldn’t cover China. 

‘Elon Musk is an unelected, self-interested billionaire with no business anywhere near the Pentagon,’ Gillibrand said in an X post Friday morning with a photo of the Times story, just after Musk arrived at the Pentagon. Gillibrand is a member of the Senate Armed Services Committee. 

The possibility of Musk receiving information on China raises a possible conflict of interest, given the fact that Musk has financial interests in China stemming from Tesla, and SpaceX is working with the U.S. federal government on military space capabilities. 

However, the Trump administration swiftly pushed back on the Times’ reporting, and Trump issued a post on social media discrediting the story as ‘completely untrue.’

‘They said, incorrectly, that Elon Musk is going to the Pentagon tomorrow to be briefed on any potential ‘war with China.’ How ridiculous?’ China will not even be mentioned or discussed,’ President Donald Trump said in a Thursday night Truth Social post. 

A former Obama administration official also sounded the alarm about Musk’s visit to the Pentagon. 

Xochitl Hinojosa, who previously served as a spokesperson for former Attorney General Eric Holder and communications director for the Democratic National Committee, said that career officials must have disclosed the information about the meeting to the press because they were concerned about what would be shared with Musk. 

‘What is happening here, and everyone needs to be scared, is Pentagon officials are sounding the alarm,’ Hinojosa said in an interview with CNN Thursday night. ‘This doesn’t just happen on its own. This has happened because career officials in the Pentagon are terrified. And they believe there is a conflict of interest. That is why it is in the New York Times. Because I am sure they took it to the senior most people within the White House and within the Pentagon and they didn’t do anything about it.’

Hinojosa said that during her time at the Justice Department, career officials would sound the alarm if they became aware of any unethical behavior at the agency. 

‘That is exactly what is happening here,’ Hinojosa said. 

Hinojosa could not be reached for comment by Fox News Digital. 

The New York Times published a story Thursday evening claiming that Musk’s visit to the Pentagon would involve discussing plans in the event of a potential war with China. Specifically, the Times reported that the briefing involved a presentation with 20 to 30 slides on how the U.S. would combat China, various Chinese targets to strike and how the Pentagon would share these plans with Trump. 

The Times also reported the meeting would occur in the so-called Tank, a secure conference room that the Joint Chiefs utilize for meetings, along with other senior staff and visiting combatant commanders. 

Meanwhile, the Times report also noted that Musk may have needed to know information about plans for China as he eyes cutting the Pentagon’s budget amid his efforts leading the Department of Government Efficiency (DOGE). 

Pentagon war plans are highly confidential for operational security purposes. Should details regarding the U.S. military’s strategy to combat an enemy be shared or leaked in any way, it would jeopardize U.S. forces and undermine the success of the military campaign.

Hegseth also weighed in on the matter, and said the meeting with Musk would primarily center around innovation. 

‘But the fake news delivers again — this is NOT a meeting about ‘top secret China war plans.’ It’s an informal meeting about innovation, efficiencies & smarter production. Gonna be great!’ Hegseth said in a post on X late Thursday evening. 

In response to Hegseth’s post, Musk responded: ‘Exactly. Also, I’ve been to the Pentagon many times over many years. Not my first time in the building.’ 

Musk also said in a separate post he looks ‘forward to the prosecutions of those at the Pentagon who are leaking maliciously false information to NYT. 

‘They will be found,’ he said. 

The White House didn’t immediately respond to a request for comment. 

This post appeared first on FOX NEWS

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Politics

Musk was never briefed on China war plans at Pentagon meeting, Trump and Hegseth say

Politics 3 Mins Read

President Donald Trump said he’s not interested in showing ‘anybody’ plans for how the U.S. would navigate a conflict with China after a New York Times report that SpaceX and Tesla CEO Elon Musk’s meeting at the Pentagon Friday included details about contingency plans for any war with Beijing. 

Trump told reporters Friday that Musk met with Pentagon officials to discuss initiatives relating to the Department of Government Efficiency (DOGE) that Musk is spearheading. 

‘We don’t want to have a potential war with China,’ Trump said at the Oval Office Friday. ‘But I can tell you if we did, we’re very well-equipped to handle it. But I don’t want to show that to anybody. But, certainly, you wouldn’t show it to a businessman who is helping us so much. He’s a great patriot. He’s taken a big price for helping us cut costs, and he’s doing a great job.’

Musk and China could be a conflict of interest, given Tesla’s business dealings with China and SpaceX’s relationship with the Pentagon on military space capabilities. And an adversary like China learning details about the U.S. military’s war plans could put national security at risk and undermine U.S. forces. 

But Secretary of Defense Pete Hegseth said Musk’s meeting at the Pentagon centered around DOGE, innovation and other ways to advance efficiency, not China. 

‘There was no war plans. There was no Chinese war plans,’ Hegseth said at the White House Friday. ‘There was no secret plans. That’s not what we were doing at the Pentagon.’ 

Hegseth also announced plans Thursday to cancel more than $580 million in Department of Defense contracts, following recommendations from DOGE. 

The New York Times reported Thursday evening that Musk’s Pentagon briefing would involve a presentation with 20–30 slides on how the U.S. would combat China, various Chinese targets to strike and how the Pentagon would share these plans with Trump. 

The Times also reported the meeting would take place in the so-called Tank, a secure conference room reserved for the joint chiefs, senior staff and visiting combatant commanders. 

The Times report said details on China could have been shared with Musk amid his efforts leading DOGE and possible cuts to the Department of Defense. 

The White House referred Fox News Digital to Trump’s remarks when asked for comment about the nature of Musk’s briefing. 

Trump and Hegseth pushed back on the report Thursday, with Trump describing the report as ‘completely untrue.’ Hegseth also said in a post on X the meeting with Musk would primarily touch on innovation. 

In response to Hegseth’s post, Musk responded, ‘Exactly. Also, I’ve been to the Pentagon many times over many years. Not my first time in the building.’ 

Musk also said in a separate post he looks ‘forward to the prosecutions of those at the Pentagon who are leaking maliciously false information to NYT.’  

‘They will be found,’ he said. 

This post appeared first on FOX NEWS

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Business

Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

Business 3 Mins Read

Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications.

The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and 22% below the January all-time high.

As part of the event, CEO Jensen Huang took questions from analysts on topics ranging from demand for its advanced Blackwell chips to the impact of Trump administration tariffs. Here’s a breakdown of how Huang responded — and what analysts homed in on — during some of the most important questions:

Huang said he “underrepresented” demand in a slide that showed 3.6 million in estimated Blackwell shipments to the top four cloud service providers this year. While Huang acknowledged speculation regarding shrinking demand, he said the amount of computation needed for AI has “exploded” and that the four biggest cloud service clients remain “fully invested.”

Morgan Stanley analyst Joseph Moore noted that Huang’s commentary on Blackwell demand in data centers was the first-ever such disclosure.

“It was clear that the reason the company made the decision to give that data was to refocus the narrative on the strength of the demand profile, as they continue to field questions related to Open AI related spending shifting from 1 of the 4 to another of the 4, or the pressure of ASICs, which come from these 4 customers,” Moore wrote to clients, referring to application-specific integrated circuits.

Piper Sandler analyst Harsh Kumar said the slide was “only scratching the surface” on demand. Beyond the four largest customers, he said others are also likely “all in line looking to get their hands on as much compute as their budgets allow.”

Another takeaway for Moore was the growth in physical AI, which refers to the use of the technology to power machines’ actions in the real world as opposed to within software.

At previous GTCs, Moore said physical AI “felt a little bit like speculative fiction.” But this year, “we are now hearing developers wrestling with tangible problems in the physical realm.”

Truist analyst William Stein, meanwhile, described physical AI as something that’s “starting to materialize.” The next wave for physical AI centers around robotics, he said, and presents a potential $50 trillion market for Nvidia.

Stein highliughted Jensen’s demonstration of Isaac GR00T N1, a customizable foundation model for humanoid robots.

Several analysts highlighted Huang’s explanation of what tariffs mean for Nvidia’s business.

“Management noted they have been preparing for such scenarios and are beginning to manufacture more onshore,” D.A. Davidson analyst Gil Luria said. “It was mentioned that Nvidia is already utilizing [Taiwan Semiconductor’s’] Arizona fab where it is manufacturing production silicon.”

Bernstein analyst Stacy Rasgon said Huang’s answer made it seem like Nvidia’s push to relocate some manufacturing to the U.S. would limit the effect of higher tariffs.

Rasgon also noted that Huang brushed off concerns of a recession hurting customer spending. Huang argued that companies would first cut spending in the areas of their business that aren’t growing, Rasgon said.

This post appeared first on NBC NEWS

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Business

Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks

Business 4 Mins Read

Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.

At Nvidia’s “Quantum Day” event, part of the company’s annual GTC Conference, Huang admitted that his comments came out wrong.

“This is the first event in history where a company CEO invites all of the guests to explain why he was wrong,” Huang said.

In January, Huang sent quantum computing stocks reeling when he said 15 years was “on the early side” in considering how long it would be before the technology would be useful. He said at the time that 20 years was a timeframe that “a whole bunch of us would believe.”

In his opening comments on Thursday, Huang drew comparisons between pre-revenue quantum companies and Nvidia’s early days. He said it took over 20 years for Nvidia to build out its software and hardware business.

He also expressed surprise that his comments were able to move markets, and joked he didn’t know that certain quantum computing companies were publicly traded.

“How could a quantum computer company be public?” Huang said.

The event included panels with representatives from 12 quantum companies and startups. It represents a truce of sorts between Nvidia, which makes more traditional computers, and the quantum computing industry. Several quantum execs fired back at Nvidia after Huang’s earlier comments.

A third panel included representatives from Microsoft and Amazon Web Services, which are also investing in quantum technology and are among Nvidia’s most important customers.

Nvidia has another reason to embrace quantum. As quantum computers are being built, much of the research on them is done through simulators on powerful computers, like those that Nvidia sells.

It’s also possible that a quantum computer would require a traditional computer to operate it. Nvidia is working to provide the technology and software to integrate graphics processing units (GPUs) and quantum chips.

“Of course, quantum computing has the potential and all of our hopes that it will deliver extraordinary impact,” Huang said on Thursday. “But the technology is insanely complicated.”

Nvidia said this week that it will build a research center in Boston to allow quantum companies to collaborate with researchers at Harvard and the Massachusetts Institute of Technology. The center will include several racks of the company’s Blackwell AI servers.

Quantum computing has been a dream of physicists and mathematicians since the 1980s, when California Institute of Technology professor Richard Feynman first proposed the idea behind a quantum computer.

While classical computers use bits that are either 0 or 1, the bits inside a quantum computer — qubits — end up being on or off based on probability. Experts predict that the technology will be able to solve problems with massive amounts of possible solutions, such as deciphering codes, routing deliveries or simulating chemistry or weather.

No quantum computer has yet beat a computer at solving a real, useful problem. But Google claimed late last year that it discovered a way to do error correction.

One question at the panel centered around whether quantum computing might one day threaten companies like Nvidia that make computers based on transistors.

“A long time ago, somebody asked me, ‘So what’s accelerated computing good for?’” Huang said at the panel. Accelerated computing is a phrase he uses to refer to the kind of GPU computers that Nvidia makes.

“I said, a long time ago, because I was wrong, this is going to replace computers,” he said. “This is going to be the way computing is done, and and everything, everything is going to be better. And it turned out I was wrong.”

This post appeared first on NBC NEWS

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Stock

4 Scenarios for Nasdaq 100: Bullish Surge or Bearish Collapse?

Stock 1 Min Read

Can the Nasdaq 100 rally to all-time highs or break down below key support? In this video, Dave uses probabilistic analysis to explore 4 possible scenarios for the QQQ over the next 6 weeks — from a super bullish surge to a bearish breakdown below the August 2024 low. Discover the key levels, potential market outcomes, and new trading perspectives to stay ahead of the market. Which scenario do you think is most likely?

This video originally premiered on March 17, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.

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Stock

Riding the Wave: What the Stock Market Rebound Means for Your Investments

Stock 3 Mins Read

Last week, tariff talks, recession fears, and waning consumer sentiment sent stocks lower. This week, the narrative may have shifted, as investors prepare for a macro-filled week and NVIDIA’s annual GTC developers’ conference.

Retail sales data for February came in slightly lower than expectations but better than January’s number. This, along with Treasury Secretary Scott Bessant’s comments about the necessity of the economy undergoing a detox period, may have eased investor worries. All broader equity indexes closed higher on Monday, marking two solid up days in a row.

Next up, we have home prices and new home sales, an important measure of consumer health. The SPDR S&P Homebuilders ETF (XHB) went through a steep downturn as did the SPDR S&P Retail ETF (XRT). Consumer spending is a major contributor to GDP growth which is why these two charts should be on every inverter’s radar. While both ETFs saw an upside swing on Monday, it’s not enough to change the trend (see chart below).

FIGURE 1. SPDR S&P HOMEBUILDERS ETF AND SPDR S&P RETAIL ETF. Both saw a significant slide in value. The upside swing in the last price bar needs to see a lot more momentum and follow through and a confirmed trend reversal. Chart source: StockCharts.com. For educational purposes.

Both ETFs (XHB in the top panel and XRT in the bottom panel) are trading below their 50-day simple moving average (SMA). Monday’s upside move is significant enough to alert investors that perhaps momentum is starting to change. It could be the start of a reversal, a short-term rally that resumes its downtrend, or the beginning of a sideways move. Regardless, it’s worth monitoring the sectors and specific industry groups to get an idea of the general investor sentiment. The StockCharts MarketCarpets can go a long way in giving a big-picture view of the overall market (see below).

FIGURE 2. IT’S MOSTLY A SEA OF GREEN EXCEPT FOR THE HEAVY-WEIGHT LARGE-CAP STOCKS. There was money flowing into the market, especially in the Real Estate, Energy, and Consumer Staples sectors. Image source: StockCharts.com. For educational purposes.

Money flowed into the Real Estate, Energy, and Consumer Staples sectors, but all 11 S&P sectors closed in the green. The weakest performer was Consumer Discretionary—you can thank the slide in Tesla, Inc. (TSLA) and Amazon.com, Inc. (AMZN) for that.

All Ears on Fed

Perhaps the most important macro-event this week will be the FOMC meeting. Although an interest rate cut isn’t expected, there’s still uncertainty surrounding tariffs. When Federal Reserve Chairman Jerome Powell takes the podium on Wednesday, investors will be listening for clues about economic growth and inflation expectations.

Bond prices are showing signs of rising. The iShares 20+ Year Treasury Bond ETF (TLT), which has been trending higher this year, closed modestly higher. Gold and major cryptocurrencies such as Bitcoin and Ether also closed higher.

The Bottom Line

While it’s encouraging to see the stock market show upside momentum after sliding lower for almost a month, take things one day at a time. If you have some cash sitting on the sidelines, be patient and wait for confirming signals of a trend reversal.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Stock

Stock Market Shifts Gears: Indexes Plunge After Climb

Stock 3 Mins Read

Tuesday’s stock market action marked a reversal in investor sentiment, with the broader indexes closing lower. The S&P 500 ($SPX), Nasdaq Composite ($COMPQ), and Dow Jones Industrial Average ($INDU) are still below their 200-day simple moving average (SMA). Investor anxiety is elevated ahead of the Fed’s culmination of its two-day policy meeting. The risk-off sentiment is back, with gold and silver prices rallying. But it may not all be due to the risk-off mode, as lower US Treasury yields and the lower US dollar may have also played a role in the precious metal rally. The SPDR Gold Shares (GLD) hit a new all-time high and silver prices are on the rise.

Technology and consumer discretionary were Tuesday’s worst-performing sectors, while Energy and Health Care took the lead but rose modestly. Overall, it was a pretty red day for U.S. equities (see the StockCharts MarketCarpet below).

FIGURE 1. A SEA OF RED. Tuesday’s StockCharts MarketCarpet was a sea of red with specks of green in the Energy and Health Care, Real Estate, Materials, and Industrials sectors.Image source: StockCharts.com. For educational purposes.

The Mag 7 Unwind

The mega-cap, Mag 7 stocks stand out strongly in Tuesday’s MarketCarpet. The daily chart of the Roundhill Big Tech ETF (MAGS) below shows how these stocks are in a steep fall. The ETF fell below its 50-day SMA and struggled to retain its position above it. The fall from the 50-day to the 200-day SMA was like an elevator ride down. MAGS managed to find a little resistance at its 200-day SMA, but that was short-lived. 

FIGURE 2. ROUNDHILL BIG TECH ETF (MAGS) SLIDES BELOW 200-DAY MOVING AVERAGE. After sliding below its 50-day SMA, MAGS fell hard and continued sliding as it broke below the 200-day SMA.Chart source: StockCharts.com. For educational purposes.

The rise in volume after MAGS fell below its 200-day SMA suggests there’s a lot more selling than buying. The relative strength index (RSI) is hovering above 30, which implies it isn’t oversold yet. So there’s a chance MAGS could fall lower, although it could reverse before dipping into oversold territory.

International Markets

Meanwhile, the iShares China Large-Cap ETF (FXI), iShares MSCI Germany (EWG), iShares MSCI Italy ETF (EWI), and other European stock ETFs are rising. The daily chart of the iShares MSCI EAFE ETF (EFA), which has its top 10 holdings in European companies, is hitting all-time highs (see below).

FIGURE 3. DAILY CHART OF ISHARES MSCI EAFE ETF. European stocks have been rising since early 2025. The 50-day SMA has crossed above the 200-day and price is well above the 50-day SMA.Chart source: StockCharts.com. For educational purposes.

With elevated tariff uncertainty, a slowdown in the U.S. economy, and declining U.S. consumer confidence, it shouldn’t be surprising to see investors diversifying their holdings across different asset groups. This reiterates the importance of having a diversified portfolio spread across different sectors, precious metals, international stocks, and bonds. 

The Closing Bell

Tuesday’s reversal after a two-day winning streak suggests investor uncertainty remains prominent. The Federal Reserve policy meeting ends on Wednesday. Chairman Powell’s press conference is the main event to listen to on Wednesday, but really, any headline could rock the markets in either direction. The best you can do is stay diversified.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Stock

New SPX Correction Signal! How Long Will It Last?

Stock 1 Min Read

In this exclusive StockCharts video, Joe breaks down a new SPX correction signal using the monthly Directional Lines (DI), showing why this pullback could take time to play out. He explains how DI lines influence the ADX slope and how this impacts shorter-term patterns. Joe also reveals a strong area in the commodity market defying the correction and highlights top stocks within that sector. Plus, he analyzes QQQ and IWM, covering their recent weakness and key resistance levels, before analyzing viewer symbol requests for the week, including ADMA, CSCO, and more.

This video was originally published on March 19, 2025. Click this link to watch on Joe’s dedicated page.

Archived videos from Joe are available at this link. Send symbol requests to stocktalk@stockcharts.com; you can also submit a request in the comments section below the video on YouTube. Symbol Requests can be sent in throughout the week prior to the next show.

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