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GM slashes profit outlook, sees tariffs costing up to $5 billion
GM has revised its profit forecast downward, attributing potential losses of up to $5 billion to tariffs, even as recent quarterly earnings surpassed market expectations for both p...
Read Full Article →Retail’s continued buy-the-dip mentality contrasts sharply to stated pessimism
Despite ongoing market volatility, retail investors continue to embrace a buy-the-dip strategy, indicating a persistent optimism that contrasts with broader economic pessimism obse...
Read Full Article →Trump offers some auto-tariff relief, but not for carmakers’ two biggest concerns
Despite proposing tariff relief measures, the plan fails to address major concerns for automakers, leaving them in a challenging position regarding regulatory and financial uncerta...
Read Full Article →Tesla’s board reportedly initiated CEO search for Elon Musk’s successor
Tesla's board is reportedly seeking a successor to CEO Elon Musk amid declining stock performance, raising concerns about the company's leadership stability and its potential impac...
Read Full Article →Robinhood sees record deposits as jittery investors try to stay ahead of choppy markets
Robinhood experienced significant financial growth, with unprecedented net deposits, increased premium service subscriptions, rising options trading volume, and strong performance...
Read Full Article →Qualcomm delivers on earnings despite tariff fears
Qualcomm reported strong earnings, indicating resilience amid concerns over tariffs, while outlining its commitment to a diversification strategy to enhance financial stability and...
Read Full Article →Meta’s blowout earnings show why investors shouldn’t sweat a boost to AI spending
Meta's increased capital expenditure forecast reflects its strong revenue growth, indicating that the company can sustainably support its investments in artificial intelligence wit...
Read Full Article →No, Donald Trump: This is your stock market, not Joe Biden’s
The current stock market performance is attributed to various economic factors, and stakeholders emphasize that it is essential for Donald Trump to acknowledge his role in its dyna...
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