Donald J. Trump
CoreWeave prices IPO at $40 a share, below expected range
Michael Intrator, co-founder and CEO of CoreWeave, speaks at Web Summit in Lisbon, Portugal, on Nov. 13, 2024. Carlos Rodrigues | Sportsfile | Web Summit | Getty Images CoreWeave on Thursday priced shares at $40 in the company’s IPO, raising $1.5 billion in the biggest U.S. tech offering since 2021, CNBC has confirmed. The company, […]
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Trump’s new auto tariffs will likely drive up car prices by thousands of dollars
Chevrolet Silverado trucks at a Chevrolet dealership in Vallejo, California, US, on Monday, March 3, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump’s steep new tariffs on imported cars will likely jack up prices for U.S. buyers of both foreign and locally made vehicles, according to Wall Street analysts. Trump on Wednesday said […]
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Trump withdraws nomination of Rep. Elise Stefanik for U.N. ambassador
US Representative Elise Stefanik, Republican from New York, testifies before the Senate Foreign Relations Committee on her nomination to be Ambassador to the United Nations, on Capitol Hill in Washington, DC, January 21, 2025. Saul Loeb | Afp | Getty Images President Donald Trump on Thursday withdrew his nomination of Rep. Elise Stefanik as U.S. […]
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Buying Nvidia right now is a ‘particularly attractive opportunity,’ Bank of America says
There is an end in sight to Nvidia’ s recent rough patch, and that means now could be a plum buying opportunity for shares of the artificial intelligence darling, according to Bank of America. “[W]e believe the stock is providing a particularly attractive opportunity for one of the most unique, high-quality tech franchises leading the […]
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Why GM stock is getting hit the hardest by Trump auto tariffs
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of […]
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Wall Street analysts say Elon Musk is the clear auto tariff winner: ‘Tesla wins, Detroit bleeds’
Several analysts on Wall Street see a clear winner emerging from President Donald Trump ‘s new auto tariff policy: Tesla . Trump announced on Wednesday that all cars not made in the U.S. would be slapped with a 25% tariff beginning next week. The news sent shares of major American car producers in diverging directions […]
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GM, Stellantis shares fall after Trump’s auto tariff announcement
The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the border in San Diego, California, U.S., March 4, 2025. Mike Blake | Reuters Auto stocks are digesting President Donald Trump’s announcement that he would place […]
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Trump says Tesla CEO Elon Musk didn’t advise on auto tariffs ‘because he may have a conflict’
U.S. President Donald Trump speaks to the media in the Oval Office at the White House in Washington, D.C., U.S., March 26, 2025. Evelyn Hockstein | Reuters After President Donald Trump said on Wednesday he would impose 25% tariffs on “all cars that are not made in the United States,” he said his key advisor, […]
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Tesla shares drop on plunging European sales, concerns about Trump’s tariffs
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images Tesla shares fell almost 6% on Wednesday as data from Europe showed slowing sales last month, and investors grew […]
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Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the company is seeing “value-seeking behavior across all income groups.” While Dollar Tree has always relied on lower-income shoppers and gets about 50% […]
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