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The Latest Breaking News on Business

Ford Sees $1.5 Bn Tariff Hit This Year, Suspends 2025 Forecast

Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty.

International Business Times

Rite Aid filing second bankruptcy as it seeks job cuts

Company announced it exited previous bankruptcy just last year

The Independent UK

Trump Is Threatening 100% Tariffs on Foreign-Made Films. Should You Buy Netflix Stock on the Dip?

Netflix stock sinks as Trump announces plans of 100% tariff on foreign-made movies. Josh Brown explains why he remains bullish on NFLX shares.

Barchart

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Crude Prices Pressured as OPEC+ Boosts Production

June WTI crude oil (CLM25 ) Monday closed down -1.16 (-1.99%), and June RBOB gasoline (RBM25 ) closed up +0.0029 (+0.14%). Crude oil and gasoline prices on Monday settled mixed, with crude posting a 3-1/2 week low. Concern about a global crude oil supply glut weighed on oil prices Monday...

Barchart

Nat-Gas Prices Retreat on the Outlook for Weak Demand to Boost Inventories

June Nymex natural gas (NGM25 ) on Monday closed down by -0.080 (-2.20%). June nat-gas prices on Monday fell from a 3-week high and posted moderate losses. Nat-gas prices erased an early advance Monday after updated weather forecasts called for mild temperatures across most of the US, reducing demand for...

Barchart

Palantir Valuation Conundrum Vexes Software Maker Amid Raised 2025 Guidance

The valuation of Palantir stock remains a key investor issue amid Q1 revenue that topped estimates and raised 2025 outlook.

Investors Business Daily

Trump Tariff Threat Ends Netflix's 11-Day Winning Streak

Netflix stock fell Monday after President Trump threatened to impose 100% tariffs on foreign-made films.

Investors Business Daily

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What Are Wall Street Analysts' Target Price for Delta Air Lines Stock?

Despite Delta Air Lines’ underperformance relative to the broader market over the past year, Wall Street analysts maintain a bullish outlook on the stock’s prospects.

Barchart

Are Trump's "100%" Movie Tariffs Even Possible?

A sweeping declaration aimed at saving Hollywood is as confusing as it is worrying.

Inverse

When Tariff Shortages Arrive, Here's What Might Be Missing

Sex toys, blenders, baby strollers, microwaves, hair dryers, and other affordable goods that Americans take for granted could soon be in short supply.

Reason

US media stocks slide on Wall Street after Trump threatens movie tariffs

Netflix, Amazon, Warner Bros Discovery and Paramount shares fall as studios reel from announcement

The Guardian - UK

Trump’s 25% tariffs are backfiring and threatening Gen Z’s trade career aspirations—putting car manufacturing jobs in peril

Some car manufacturers are already setting layoffs into motion, and student apprenticeship programs could be in jeopardy.

Fortune

Skechers Stock Soars After This Firm Agrees To Acquire Company

3G Capital is offering $63 a share, a premium of nearly 28% from Friday's close at 49.37.

Investors Business Daily

Truist Financial Stock: Analyst Estimates & Ratings

Despite Truist Financial’s underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Barchart

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KeyCorp Stock: Analyst Estimates & Ratings

While KeyCorp has underperformed relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Huntington Bancshares Stock: Is Wall Street Bullish or Bearish?

Although Huntington Bancshares has lagged behind the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Hewlett Packard Enterprise Stock: Is Wall Street Bullish or Bearish?

While Hewlett Packard Enterprise has underperformed the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects.

Fortune

Sunoco buying Parkland for $9 billion to create largest retail fueling and convenience store giant in the Americas

Canada's Parkland is selling after losing a bitter proxy fight to billionaire Kyffin Simpson.

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Investors Business Daily

Warren Buffett Retirement Hits Berkshire Hathaway; Stock Sales Dwindled In Q1

Warren Buffett sold stock for a 10th straight quarter, but just barely.

The Independent UK

Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney

About 3,000 labor union members have gone on strike at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down

Barchart

Are Wall Street Analysts Bullish on Southwest Airlines Stock?

Southwest Airlines has outperformed the broader market over the past year, yet analysts remain cautious about its future outlook.

Barchart

Do Wall Street Analysts Like APA Corporation Stock?

Due to APA Corporation's underperformance relative to the broader market over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

Is Wall Street Bullish or Bearish on Keurig Dr Pepper Stock?

Keurig Dr Pepper has underperformed the broader market over the past year, yet analysts remain moderately bullish on the stock’s future potential.

Barchart

Are Wall Street Analysts Predicting QUALCOMM Stock Will Climb or Sink?

Although QUALCOMM has trailed the broader market over the past year, Wall Street analysts remain cautiously optimistic about its long-term potential, citing strong fundamentals and strategic positioning in the semiconductor industry.

Barchart

Is Wall Street Bullish or Bearish on General Motors Stock?

While General Motors has trailed the broader market over the past year, Wall Street analysts remain fairly upbeat about the stock’s prospects.

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