Porsche stock slides on profit forecast; company may 'pass' tariff costs on to customers
Porsche stock is sliding after the company cut a key profit target and said it may pass down tariff costs to its customers.
OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
Is a freight market turn coming in May?
Amid uncertain demand, capacity continues to exit. The post Is a freight market turn coming in May? appeared first on FreightWaves.
Dogecoin, SHIB, PEPE are hot; Official Trump coin not so much
While the Official Trump (Trump) token lags behind trying to recover from its sharp drop, Dogecoin, SHIB, and PEPE rally as Bitcoin recovers.
Tariffs are causing a market meltdown—but some in the wealthy 1% see a chance to cash in
The ultrawealthy view the current market instability as a moment of recalibration.
A silver lining amid the Trump-induced market chaos: Lower mortgage rates
As bond yields have edged down from January highs, the 30-year mortgage rate has steadily dipped, logging six straight weeks of declines.
Lula Gets Blindsided as Brazil Inflation Jumps the Most in Years
(Bloomberg) -- Brazil’s Luiz Inacio Lula da Silva has weathered financial crises, corruption scandals and even a coup attempt. But now it’s the soaring cost of food that’s posing the biggest hazard for his presidency.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsInside the ‘Not Archite
Tech Rally Fails to Lift Apple Stock Amid Concerns About Tariffs, Delayed Siri AI Features
While other tech stocks rallied, Apple shares slid Wednesday, extending a string of recent losses amid concerns over delayed Siri features and the impact of tariffs.
Why Is Tesla (TSLA) Stock Rocketing Higher Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 8.8% in the morning session after President Trump said he would be buying a Tesla (vehicle), which could be interpreted as a show of support for CEO Elon Musk, who had played an active role in the administration's Department of Government Efficiency. Musk followed up by saying Tesla planned to double its production output in the United States within two years.
Why Concrete Pumping (BBCP) Stock Is Falling Today
Shares of concrete and waste management company Concrete Pumping (NASDAQ:BBCP) fell 17.4% in the morning session after the company reported weak fourth-quarter 2024 (fiscal Q1 2025) results: Its full-year EBITDA guidance missed significantly and its sales, adjusted EBITDA, and EPS fell short of Wall Street's estimates.