Chevron Corporation

Uber Technologies, Inc.

Tesla, Inc.

ASML Holding N.V.

Broadcom Inc.

Kenvue Inc.

Advanced Micro Devices, Inc.

FASTENAL CO. R

Guidewire Software, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: focus on possible duty removal and threat to Fed independence

NVIDIA Corporation

Donald Trump signed an agreement with Japan, imposing duties of 15% on most imported goods and obliging Tokyo to invest $550 billion in US projects. The US president also threatened "substantial" semiconductor tariffs on companies that do not localize production in the US. OpenAI, together with Broadcom and TSMC, is preparing to release its own AI chip to reduce dependence on Nvidia. These and other topics - in our review of key events by the morning of September 5.

Highlights for this morning: US-Japan deal, Trump presses on duties, OpenAI prepares its chip

Dr. Ing. h.c. F. Porsche AG

The luxury car maker was among the hardest hit by US duties

Porsche loses its blue chip status after a 24% drop. What to do with the stock?

Apple Inc.

Figma

<br><br>Apple plans to launch its own AI search, which will be part of a major Siri update and could appear in Safari and Spotlight, intensifying competition with Google and OpenAI. Donald Trump has asked the U.S. Supreme Court to expedite an appeal in a case over duties that have been ruled illegal. Figma shares are down 14% after its first report since its IPO, despite revenue growth. On these and other topics - in our review of key events for the morning of September 4.

Highlights for this morning: Apple to launch AI search, Figma stock plummeted, Trump expects Musk's kaboom

Alphabet Inc.

Amazon.com, Inc.

Uncertainty over duties and rising bond yields spoiled investor sentiment  

'Wake up when September is over': U.S. stocks have started fall with a dip 

Palantir Technologies Inc.

Bond investors fear that the U.S. will have to pay back funds collected from duties

US stock indexes are down. Why is Trump's possible repeal of duties a bad thing?

GoldMining Inc.

Harmony Gold Mining Company Limited

Hochschild Mining plc

In the short term, the cost of gold will depend on the Fed's key rate decision in September

Gold futures hit a record. Will prices for the precious metal grow further?

A U.S. federal appeals court on Friday, August 29, ruled that most of the global duties imposed by President Donald Trump were illegal because he exceeded his authority in imposing them, Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-08-29/trump-s-global-tariffs-found-illegal-by-us-appeals-court?srnd=homepage-europe">reports </a>. Nevertheless, the justices allowed those duties to remain in effect while the case is heard again by a lower court.

US appeals court finds Trump's global duties illegal

Washington is willing to lower auto duties only after European fees are eliminated

EU to speed up lifting duties on U.S. goods to protect auto industry - Bloomberg

EchoStar Corporation

Okta, Inc.

Morning in New York: Nvidia's quarterly report in focus

The U.S. and EU agreed on a trade deal last month 

Pharmaceuticals, chips and autos: US and EU clarify terms of trade deal

Walmart Inc.

A major U.S. retailer raised prices on a number of items last quarter due to duties in the face of criticism from Donald Trump

Tariffs