Benzinga Bulls And Bears: Alphabet, L3Harris, Target — And Latest Tariff News Roils Markets

Benzinga
2025.05.24 13:00
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U.S. markets faced volatility as President Trump threatened tariffs on Apple and EU imports, causing declines in major indices. Investor concerns grew over the fiscal outlook with the 30-year Treasury yield surpassing 5.15%. Key stocks included Alphabet, L3Harris, and Target, with Alphabet gaining attention for AI advancements, while Target's stock fell due to missed earnings and lowered outlook. Other notable movements included drops in solar energy stocks and significant losses for Wolfspeed amid bankruptcy fears.