Tesla falls on Trump’s plans to roll back EV production targets, Apple gets a downgrade, and 3M and Charles Schwab score earnings beats.
General Motors Company (NYSE:GM) finds itself at a critical juncture as it navigates the evolving automotive landscape, balancing its strong traditional vehicle business with the imperative to transition towards electric vehicles (EVs).
"This milestone marks a major step forward in restoring a fully integrated rare earth magnet supply chain in the United States," CEO says.
At least three coaches were uninterested in working with Baalke. The post Trent Baalke Out as Jaguars GM After Scaring Off Head Coach Candidates appeared first on Front Office Sports.
President Trump rescinded goals set by the Biden administration for the production of EVs. Here's what we know about its local impact.
Wall Street indexes rose on Tuesday, with the S&P 500 and Dow hitting their highest levels in over a month. Investors were relieved by President Trump's less aggressive initial approach to tariffs. The Dow increased by 1.
Stocks also saw support as the 10-year T-note yield slid to a 2-1/2 week low. Falling inflation expectations boosted T-note prices Tuesday after crude prices tumbled more than -2% to a 1-week low when President Trump said Monday that he plans to declare a national energy emergency and vowed to increase US crude production.
For 2025, 3M is expecting adjusted EPS of $7.60 to $7.90, while FactSet is expecting $7.78. The company expects sales to grow 0.5% to 1.5%, while FactSet's current consensus is for a decline of 2.3%.
The order bans the automaker from selling consumers' information to data brokers for five years. © 2024 TechCrunch. All rights reserved. For personal use only.
Wall Street's main indexes were on track to open higher on Tuesday, as investors assessed newly elected President Donald Trump's executive orders on issues including energy and immigration, while awaiting his first move on trade policy.
Wall Street's main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump's executive orders after taking office and awaited his first move on trade policy.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.