February 10, 2025

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

New Tariffs

Please click here for a chart of Nucor stock (NUE).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of NUE is being used to illustrate the point.
• NUE is the biggest steel maker in the U.S.
• The chart shows when the stock started falling on weakening steel demand.
• The chart shows when earnings were reported.  NUE guided earnings below consensus.
• The chart shows the stock has been rising in anticipation of Trump imposing tariffs.