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NASDAQ:IETC 18 November 2025

Trump’s Tariff Tsunami: 100% Drug Tax and New Import Levies Rock Global Trade

Why iShares U.S. Tech Independence Focused ETF (IETC) Is in the Spotlight as a “Tariff‑Resistant” Play in the Trump Economy – November 18, 2025

U.S. stocks fell for a fourth day November 18 as Trump’s expanded tariffs drove up import costs and rattled markets. The iShares U.S. Tech Independence Focused ETF (IETC) drew investor attention as a possible hedge, focusing on tech firms with domestic operations. Manufacturing has contracted for eight straight months, with most tariff costs falling on U.S. companies and consumers, according to Goldman Sachs.
18 November 2025

Stock Market Today

  • Oracle Shares Fall on $20 Billion Fundraising; Navan, Anterix, Driven Brands Beat Estimates
    June 12, 2026, 7:12 AM EDT. Oracle Corp (ORCL) shares dropped 8.5% after announcing a $20 billion equity and debt raise to fund AI development, alongside reporting annual negative free cash flow. Meanwhile, Navan Inc (NAVN) surged 8.4% after beating first-quarter fiscal 2027 adjusted earnings estimates with $0.08 per share compared to a loss of $0.01. Anterix Inc (ATEX) shares jumped 25.7% after posting a narrower adjusted loss than expected for Q4 fiscal 2026. Driven Brands Holdings Inc (DRVN) rose 2.1% following better-than-expected adjusted earnings per share of $0.30. These moves highlight shifting investor focus amid the ongoing AI expansion beyond major infrastructure players.

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OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

12 June 2026
SpaceX’s $75 billion IPO sets a $1.77 trillion valuation benchmark as it prepares to begin Nasdaq trading Friday, more than doubling Saudi Aramco’s 2019 record and making SpaceX one of the most valuable U.S.-listed companies, with the first sessions expected to influence how investors and bankers approach upcoming OpenAI and Anthropic IPOs.
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