Analysis-Brazil auto market offers warning for US tariff policy
When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars. As the U.S. auto industry confronts major tariff
Bank Stocks Jump as Bank of America, Citi Results Are Latest to Beat Estimates
Shares of major U.S. banks are surging Tuesday, after Bank of America and Citigroup became the latest lenders to report better-than-expected quarterly earnings on the back of a stock trading boom.
Analysts Stay Bullish on Netflix Stock Ahead of Earnings
Analysts at Oppenheimer and Bank of America reiterate bullish outlooks on the streaming stock ahead of earnings expected later this week.
Palantir Stock Extends Gains After NATO Deal
Shares of Palantir Technologies rose for a second consecutive session Tuesday following news that NATO acquired the analytics software provider's AI-enabled military system.
Allegro MicroSystems (ALGM) Stock Trades Down, Here Is Why
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 13.4% in the pre-market session after ON Semiconductor withdrew its proposal to acquire the company. ON Semiconductor added that there w
Why Is Hewlett Packard Enterprise (HPE) Stock Soaring Today
Shares of enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) jumped 7.3% in the morning session after activist investor Elliott management announced a stake estimated at $1.5 billion
Why Is Netflix (NFLX) Stock Soaring Today
Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 5.9% in the afternoon session after the Wall Street Journal reported that the company (NFLX) set a lofty goal to reach a $1 trillion marke
Ericsson Stock Surges as North American Sales Jump Amid Tariff Worries
U.S.-traded shares of Ericsson jumped Tuesday after the Swedish telecommunications firm reported first-quarter profit that topped analysts’ expectations.
