Page 1476 of 9001
President Trump is readying an announcement on auto tariffs as soon as today, Josh Wingrove and Joe Deaux of Bloomberg report, citing people familiar with the matter. Trump told reporters earlier this week that he would detail the auto levies in the coming days, Bloomberg notes. The level and scope of the auto tariffs are not clear, it adds. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla (...
Continue Reading
Tesla Chief Executive Elon Musk says the electric-car maker won't be “unscathed” by President Trump’s 25% auto tariffs. Tesla’s stock climbed more than 4% in morning trading Thursday, while shares in GM, Ford and Jeep-maker Stellantis fell as investors digested the news of the new import duties on foreign-made cars that go into effect next week. “To be clear, this will affect the price of parts in Tesla cars that come from other countries,” Musk wrote on his social-media platform X. “The cost impact is not trivial.”...
Continue ReadingMeta, X, and Snap are celebrating a new Utah law that will require Apple and Google to take responsibility for verifying users' ages on their app stores and obtain parental consent for minors. The tech giants have been battling to determine which party should be responsible for age verification on the app stores. Companies like Meta believe the app stores themselves should verify users' ages because these entities host and distribute the apps. The app stores, however, argue that companies making...
Continue ReadingU.S. equities traded lower at midday after briefly recovering from earlier losses caused by new tariffs on imported vehicles and parts...
Continue Reading
The move restructures Apple's retail leadership under Trigub, reporting to senior executive Deirdre O'Brien...
Continue ReadingFrom Trump Critic to Nominee. A Former Google Exec Highlights Tech’s Transformation...
Continue ReadingBoth European and American automakers are seeing their shares take a hit from President Trump's decision to put a 25% levy on vehicles and some auto parts imported into the US. There are a couple of auto stocks moving higher though. Both Tesla and Rivian are trading higher given how much of their production is in the United States. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute...
Continue ReadingThe AI start-up has set a price range of $47 to $55 for the IPO, giving CoreWeave a market value of some $30 billion. But the final price won’t be set until Thursday night...
Continue ReadingThe IT infrastructure specialist trades at 61 times GAAP earnings, and its free cash flows have been negative across the past four quarters. Kyndryl's separation from former parent company IBM (NYSE: IBM) left the company with lots of low-margin client contracts, resulting in poor profit margin. By then, the sliding top-line revenue should stabilize at mid-single-digit annual growth, setting Kyndryl up to be a shareholder-friendly cash machine with generous buybacks and perhaps a decent dividend, too...
Continue ReadingDiscover why Amkor Technology's stock has plunged 60% and explore analysis on its recovery prospects amidst challenges in the OSAT industry. Read why AMKR is a Hold...
Continue Reading