5 Things To Know: August 7, 2025
Five things to know ahead of today's opening bell. Toyota says it expects a nearly $10 billion profit hit due to President Trump's tariffs on cars imported to the US. That's the highest forecast yet by any company.Toyota's finance chief said the total includes fallout that suppliers are facing. Profits at Elf Beauty fell 30% in the company's fiscal first quarter. Duties on Chinese imports beginning to affect the cosmetic industry's bottom line.Softbake reporting a $4.8% billion rise in the value of its visi ...