Major U.S. equities indexes slipped as investors deciphered the implications of the latest shifts in trade policy.
Goldman Sachs analyst Bonnie Herzog analyzed the pet food offerings to understand the category more. The following are the comments published on Thursday regarding the same.
GD secures a $1.07 billion contract to provide long lead time material associated with Virginia Class Block VI submarines.
Thursday morning proved especially bloody for car companies across the world's time zones as President Donald Trump made another order upending global trade relations.
General Motors stock fell roughly 9% Thursday after President Donald Trump announced new tariffs on auto imports. The divergence from shares of other automakers stems from the amount of vehicles that GM imports, and its exposure to Mexico in particular.
President Donald Trump said he would place 25% tariffs on "all cars that are not made in the United States." The tariffs apply to imported passenger vehicles and light trucks, as well as key automobile parts including engines and transmissions, the White House said in a fact sheet.
President Donald Trump's tariff announcement was arguably worse than Wall Street's worst-case scenario—and General Motors stock is paying the price.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.2% on Thursday.
President Donald Trump has signed an executive order imposing 25% tariffs on all foreign-made cars, light trucks, and specific auto parts, set to take effect on April 2. The White House estimates the new duties could generate $100 billion annually.
Auto stocks have remained under pressure after Donald Trump announced new tariffs on the industry. All cars entering the US from friendly and foe countries will receive a 25% tariff, a move that will hurt most companies.
GM, EVgo and Pilot achieve a key milestone by deploying 130 fast-charging stations across more than 25 states.
New York Attorney General Letitia James urged customers of 23andMe on Tuesday to delete their accounts and protect their data after the DNA-testing company filed for bankruptcy over the weekend.