
Kingsoft Cloud Doesn't Care About Tariffs
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Stocks gapped, but closed well above their lows. The Dow dipped -0.28%. The Nasdaq Composite and Russell 2000 tumbled more than -1.20%.
Energy and utilities gained more than +0.50%. Healthcare and consumer staples surged +0.39%. Technology and consumer discretionary fell -1.33%.
New 52-Week Lows led New Highs — 85 vs. 53.
THE WORST OF THE WORST
United Parcel Service ($UPS) is the Worst of the Worst. The logistics giant dropped -2.57% and closed at the lowest price since July 2020.
Here’s the daily chart.

And monthly chart.

THE BEST OF THE BEST
Kingsoft Cloud ($KC) is the Best of the Best. The Chinese cloud storage and computing company carried +20.45% and closed at its highest price since December 2021.
Here’s the daily chart.

And weekly chart.

RILEY’S RECS
Momentum Monday – Tariffs And Volatility
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Omnidirectional Drift Bike with Wheels Made of Circus Balls Glides in Any Direction
Robinhood Co-founder Baiju Bhatt on the Journey to $40B, Building Space Solar Power with Lasers
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Author Disclosure: The author of this newsletter does holds positions in ACHR, SERV, JOBY, GEV, ARKX. 📋