Benzinga Bulls And Bears: Nike, Target, And Walmart Among Hardest-Hit Following Trump's 'Liberation Day' Tariffs (CORRECTED)

Editor's Note: This article was corrected to remove an inaccurate statement regarding Mullen Automotive.

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Wall Street reeled this week as President Donald Trump's new global tariffs and hawkish Fed signals rattled investors. The tariffs triggered broad selloffs, dragging the S&P 500 to its worst weekly loss since the pandemic's onset in 2020.

Stocks tumbled Thursday and Friday, with tech and consumer names especially hard-hit, as traders braced for higher costs and retaliatory trade risks. Concerns mounted over how renewed trade tensions could disrupt supply chains and weigh on corporate margins.

At the same time, Federal Reserve officials signaled fewer rate cuts ahead, compounding fears and sending bond yields higher, further pressuring equities across sectors.

Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls

“Why Is EV Maker Mullen Automotive Stock Surging Today?”, by Shivani Kumaresan, reports that Mullen Automotive Inc. MULN shares surged after the company announced that its U.S.-assembled electric vehicles, including those from Bollinger Motors, are not affected by new import tariffs, with 67% of Mullen’s and 71% of Bollinger’s components sourced domestically.

"Why Cloudastructure Stock Is Soaring Tuesday", by Adam Eckert, reports that Cloudastructure Inc. CLOU shares jumped over 40% after the company reported a 161% year-over-year revenue increase in its fiscal fourth quarter and a significantly narrowed net loss.

"Trump's Tariffs Could Spark Reshoring Boom For These 4 US Stocks", by Erica Kollman, explores how new U.S. tariffs and China's response could boost reshoring plays like Caterpillar Inc. CAT, Eaton Corp. ETN, General Electric Co. GE, and Emerson Electric Co. EMR.

For additional bullish calls of the past week, check out the following:

Altimeter's Brad Gerstner Builds Up Nvidia Stake After Trump Tariffs, Applauds Semiconductor Exception

Stock Of The Day: Will Johnson & Johnson Rally? The Sell-Off May Have Ended

Strong Jobs Report Offers Hope — But Will It Be Enough To Counter Tariff Turmoil?

The Bears

"Nike Stock Is Tumbling Thursday: Here's Why", by Adam Eckert, reports that Nike Inc. NKE shares fell after Citigroup downgraded the stock to Neutral, citing weak consumer demand in China and concerns about the company's long-term growth strategy.

"Lucid Stock Is Hitting The Brakes Thursday: What's Driving The Action", by Adam Eckert, reveals that Lucid Group Inc. LCID shares dropped after the EV maker announced a $1 billion stock offering backed by Saudi Arabia's Public Investment Fund, raising dilution concerns among investors.

"Retail Stocks Slammed As Trump's Tariff Plan Sends Shockwaves Through Sector", by Erica Kollman, reports that the new tariffs triggered a selloff in major retailers including Nike Inc. NKE, Walmart Inc. WMT, and Target Corp. TGT over fears of rising costs and inflation.

For more bearish takes, be sure to see these posts:

Coinbase Stock Drops Into A Death Cross: Will XRP Futures Be Its Comeback Catalyst?

Nasdaq 100 Enters Bear Market, Dow In Correction Territory, Traders Await Fed Chair Powell's Remarks

Trump Tariffs Trigger Sell-Off: On Holding, AST SpaceMobile, Lululemon, Shopify, Robinhood Tank

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Image created using artificial intelligence via Midjourney.