Group 1: Tariff Impact on Metal Stocks - President Trump's announcement to increase tariffs on imported steel and aluminum from 25% to 50% has significantly influenced U.S. metal stocks, strengthening domestic producers by reducing foreign competition and increasing prices [1][2] - Cleveland-Cliffs (NYSE: CLF) stock surged about 33% in pre-market trading following the tariff announcement, while Nucor Corp (NYSE: NUE) shares rose around 13% [2] - United States Steel stock (NYSE:X) increased by 22% over the past week and is up nearly 65% year-to-date [2] Group 2: Cleveland-Cliffs Performance - Cleveland-Cliffs stock has decreased by 66% over the last year and approximately 76% over the past three years, with a 15% revenue decline in the last twelve months [3][4] - The company's price-to-sales (PS) multiple has dropped from 1.1x in 2020 to 0.48x in 2023, currently at 0.2x, indicating potential for upside compared to previous years [4] - For Q1 2025, Cleveland-Cliffs reported revenues of $4.6 billion, up from $4.3 billion in Q4 2024, but incurred a net loss of $483 million, attributed to underutilized assets and low steel prices [5] Group 3: Strategic Responses and Future Outlook - Cleveland-Cliffs plans to temporarily close several facilities and pause capital spending on a transformer facility, expecting to save over $300 million annually [5] - The long-term impact of the tariff increase on metal stocks will depend on the sustainability of the tariffs, global market responses, and domestic production capabilities [6] - Diversification across sectors and stocks is emphasized as vital to mitigate concentration risk, with the Trefis High Quality (HQ) portfolio outperforming major indices with returns exceeding 91% since inception [7]

Group 1 - The U.S. President announced an increase in import tariffs on steel from 25% to 50% to protect the domestic steel industry from foreign competition [1] - Following the tariff announcement, U.S. steel companies saw significant stock price increases, with Cleveland-Cliffs Inc. rising over 26% in after-hours trading [1] - The new tariff level supports a previously promised cooperation agreement between U.S. Steel and Japan's Nippon Steel, addressing concerns from the United Steelworkers union about potential job losses [1] Group 2 - Approximately 17% of steel used in the U.S. is imported, primarily from Canada, Brazil, and Mexico, which may lead to increased costs for construction companies and new housing projects [2] - The President also mandated that U.S. automakers, including Tesla, must produce entire vehicles and all parts domestically, rather than overseas, to address concerns about foreign production [2]

Group 1 - Cleveland-Cliffs is under investigation by Kirby McInerney LLP for potential violations of federal securities laws and unlawful business practices [1] - On May 7, 2025, Cleveland-Cliffs reported a larger than expected adjusted loss and an 11% year-over-year revenue decline to $4.63 billion [2] - The company plans to fully or partially idle six steel plants due to negative effects from underperforming non-core assets and lower index prices [2] Group 2 - Cleveland-Cliffs' CEO stated the company is repositioning its portfolio away from non-core markets and focusing on the automotive industry [2] - Following the financial results announcement, Cleveland-Cliffs' share price dropped from $8.49 to $7.15, a decline of $1.34 per share [2]

Group 1: Kohl's Corporation (NYSE: KSS) - Kohl's CEO was terminated for violating company policy related to undisclosed conflicts of interest in vendor transactions [2] - The CEO directed the company to conduct business with a vendor he had a personal relationship with, resulting in favorable terms for the vendor [2] - Following the CEO's termination, Kohl's stock experienced a significant drop on unusually heavy trading volume [2] Group 2: Cleveland-Cliffs Inc. (NYSE: CLF) - Cleveland-Cliffs reported a larger than expected adjusted loss and an 11% year-over-year revenue decline to $4.63 billion for Q1 2025 [3] - The company announced plans to fully or partially idle six steel plants due to underperforming non-core assets and lower index prices [3] - Cleveland-Cliffs' share price fell from $8.49 to $7.15 following the financial results announcement, a decline of $1.34 per share [3]

LOS ANGELES, May 20, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cleveland-Cliffs Inc. ("Cleveland-Cliffs" or "the Company") (NYSE: CLF) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cleveland-Cliffs reportd its financial results for Q1 2025 on May 7, 20 ...

Core Viewpoint - Cleveland-Cliffs Inc. is facing scrutiny for potential violations of federal securities laws following a disappointing financial report and operational changes [1][2]. Financial Performance - Cleveland-Cliffs reported an adjusted loss that was larger than expected for Q1 2025, with a year-over-year revenue decline of 11%, totaling $4.63 billion [2]. - The company's share price fell from $8.49 to $7.15 following the announcement of its financial results [2]. Operational Changes - The company plans to fully or partially idle six steel plants due to negative impacts from underperforming non-core assets and lower index prices experienced in late 2024 and early 2025 [2]. - Cleveland-Cliffs is repositioning its portfolio to focus more on the automotive industry, moving away from non-core markets such as rail, high-carbon sheet, and specialty plate products [2].

Core Viewpoint - Cleveland-Cliffs Inc. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results and operational changes [1][3]. Financial Performance - Cleveland-Cliffs reported a larger than expected adjusted loss for Q1 2025, with a year-over-year revenue decline of 11% to $4.63 billion [3]. - The company plans to fully or partially idle six steel plants due to underperforming non-core assets and the impact of lower index prices from late 2024 and early 2025 [3]. Stock Market Reaction - Following the announcement of its financial results, Cleveland-Cliffs' stock price fell by $1.34 per share, or 15.78%, closing at $7.15 per share on May 8, 2025 [4]. Strategic Shift - The CEO indicated a strategic repositioning of the company's portfolio away from non-core markets, such as rail and high-carbon sheet products, towards the automotive industry [3].

Core Viewpoint - Cleveland-Cliffs Inc. is under investigation for potential violations of federal securities laws and unlawful business practices following disappointing financial results and operational changes [1][3]. Financial Performance - Cleveland-Cliffs reported a larger than expected adjusted loss for Q1 2025, with a year-over-year revenue decline of 11% to $4.63 billion [3]. - The company's share price fell from $8.49 on May 7, 2025, to $7.15 on May 8, 2025, a decline of $1.34 per share [3]. Operational Changes - The company plans to fully or partially idle six steel plants due to negative impacts from underperforming non-core assets and lower index prices from late 2024 and early 2025 [3]. - Cleveland-Cliffs is repositioning its portfolio away from non-core markets, including rail, high-carbon sheet, and specialty plate products, and is focusing on the automotive industry [3].

NEW YORK, May 12, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Cleveland-Cliffs Inc. ("Cleveland-Cliffs" or the "Company") (NYSE: CLF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Cleveland-Cliffs and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action]On May ...

Core Viewpoint - The stock market, particularly the S&P 500, is generally efficient in pricing future economic expectations, but certain stocks may disconnect from broader market trends, presenting investment opportunities [1][2] Group 1: Cleveland-Cliffs Inc. (NYSE: CLF) - Cleveland-Cliffs stock is currently priced at $7.37, representing a 39% drop from its 52-week high, indicating that worst-case scenarios for the U.S. industrial sector may already be priced in [3][4] - Analysts project a 12-month price forecast of $15.49 for Cleveland-Cliffs, suggesting a potential upside of 110.29% from current levels, with a consensus indicating a moderate buy rating [3][5] - The stock's risk-to-reward ratio is favorable for bullish investors, with a consensus price target of $15.5 per share, indicating a significant rebound potential [5] Group 2: Wayfair Inc. (NYSE: W) - Wayfair's current stock price is $39.59, with a 12-month price forecast of $46.46, indicating a 17.36% upside potential [6][7] - The stock trades at 43% of its 52-week high, attracting capital as investors anticipate a rebound in the home furnishing market as real estate stabilizes [7][8] - Analysts from Mizuho have set a price target of $50 per share for Wayfair, suggesting a potential upside of 53% from current levels [10] Group 3: Reddit Inc. (NYSE: RDDT) - Reddit's stock is currently priced at $111.30, with a 12-month price forecast of $140.35, indicating a 26.10% upside potential [11] - The stock has fallen to 47% of its 52-week high, and recent quarterly earnings results suggest that the current price does not reflect the company's financial performance [11][12] - Institutional investors, such as the Vanguard Group, have increased their holdings in Reddit, showcasing confidence in its future, with Citigroup analysts maintaining a buy rating and a valuation of $158, indicating a 46% upside [13]