Trump Tariff Delay Rally, Musk-Mania, Salesforce's AI-Focused Deal 5/27/25
Carl Quintanilla, Jim Cramer and David Faber kicked off the holiday-shortened trading week with stocks in rally mode, after President Trump delayed his threat of 50-percent tariffs on the EU until July. Lots of news surrounding Elon Musk -- from data showing Tesla EV sales in Europe tumbled 49-percent in April, to Musk's X post stating he will be "super focused" on the companies he controls. Also in focus: Salesforce ramps up its bet on AI by acquiring Informatica in an $8 billion deal, Trump effect on Apple, Nvidia leads this week's earnings calendar. Squawk on the Street Disclaimer
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