Markets News, March 3, 2025: Stocks Tumble as Trump Says Tariffs Set to Take Effect; Nvidia Plunges as Volatile Run Continues - Investopedia

Hey kids! Did you know that the stock market, where companies buy and sell shares, had some big ups and downs recently? Some companies did really well, while others didn't. It's like a rollercoaster! This news is about some of those companies and what happened to their stock prices.

• Super Micro Computer (SMCI) stock went down 13% because of competition in the AI server market. AI stands for Artificial Intelligence – it's like smart computers!
• Nvidia (NVDA), a big tech company, also saw its stock drop 8.7% due to worries about AI spending.
• Erie Indemnity (ERIE) stock went up 5.1% after reporting good earnings. Earnings are like the money a company makes.
• Weyerhaeuser (WY), a timber company, jumped 4.3% because of a government order to support American wood production.
• Chipotle (CMG) stock rose slightly after a positive report from analysts, who are experts who predict how well companies will do.
• Taiwan Semiconductor Manufacturing Company (TSMC) plans a huge $100 billion investment in US chip factories.
• Target (TGT) is expected to report earnings soon, with analysts having mixed opinions.
• Tesla (TSLA) remains a top pick for some analysts despite recent stock price drops.