Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
Shein Scales Back Vietnam Operations as US Trade Rules Shift 
Berkshire Hathaway Cash Falls as Abel Boosts Stock Buybacks 
Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
ADNOC Gas Targets Up to $4B Profit in 2026 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss 
Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Natura Q2 Profit Plunges 92% as Financial Expenses Weigh on Earnings 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
Japanese automaker stocks tumbled Thursday following U.S. President Donald Trump's proposal of 25% tariffs on imported automobiles, semiconductors, and pharmaceuticals. The announcement sparked concerns over rising production costs and supply chain disruptions, particularly for Japanese automakers heavily reliant on the U.S. market.
The Nikkei 225 index was down 1.6% as of 02:43 GMT, with the automotive sector suffering the most. Shares of Toyota (NYSE: TM, TYO: 7203) fell 2.4% to 2,690 yen, while Nissan (OTC: NSANY, TYO: 7201) led losses with a 4.3% drop. Subaru (OTC: FUJHY, TYO: 7270) declined 4.7%, and Honda (NYSE: HMC, TYO: 7267) slipped 2.5%. Mazda (OTC: MZDAY, TYO: 7261) also fell 2.3%.
Potential tariffs could severely impact Japanese automakers, forcing higher production costs and potential shifts in manufacturing locations. The broader economic impact may extend beyond Japan, affecting global markets and trade relations. Investors remain cautious as they assess the long-term implications of these proposed trade barriers.
