Netflix stock dips as Trump wields 100% movie tariffs
The streaming service had previously been hailed by Wall Street as a “predictable” stock amid Trump’s unpredictable tariffs.
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Skechers sells for $9 billion after warning Trump’s tariffs pose ‘existential threat’
The footwear giant pulled its full-year forecast earlier this year, citing “macroeconomic uncertainty stemming from global trade policies.”
Warren Buffett says he will step down as Berkshire Hathaway CEO
Billionaire investor Warren Buffett, 94, announced Saturday he will leave his role as Berkshire Hathaway’s CEO by the end of the year.
At Warren Buffett’s final annual meeting, he remains bullish on America
The world’s most successful investor intends to hand the reins to Greg Abel at the end of the year, but he has never been more hopeful about the future.
Apple stock slips as Tim Cook says he expects $900 million Q2 tariff hit
The company announced it upped its quarterly cash dividend to $0.26 per share and its board approved a $100 billion share buyback program.
‘Absolutely false’: Musk and Tesla Chair dismiss report saying carmaker sought to replace CEO
Concerns about Tesla’s plunging stock prompted board members to hunt for a successor to CEO Elon Musk, according to the Wall Street Journal.
The top US stock of Trump’s first 100 days: Peter Thiel’s Palantir
Up 54% since Trump took office, Palantir has emerged unscathed from the S&P 500’s worst start to a presidency in 51 years.
10 Shark Tank companies caught on the front lines of Trump’s trade war
Small businesses from Shark Tank share how tariffs are crushing margins, delaying orders, and forcing tough choices as they scramble to survive.
EU fines Apple $570 million and Meta $228 million for digital market rules violations
The European Commission’s ruling against the tech giants could stoke trade tensions between the EU and the U.S.
Tesla Earnings: Elon Musk’s firm reports worst quarterly profit since 2021
Tesla’s $19.3 billion revenue was far below analyst forecasts of $21.3 billion.