Exclusive: The Trump administration is planning to release more than $3 billion in aid to U.S. farmers that had been frozen as a result of the government shutdown, as the agriculture sector grapples with the fallout from President Trump’s tariffs https://t.co/SSYbckO6tq ...

🇺🇸 TRUMP: "New tariffs on China will rise to 155% effective November 1." https://t.co/fcY01Ll07r ...

JUST IN: 🇺🇸🇨🇳 President Trump says "higher tariffs on China won't be sustainable for them." ...

Core Insights - General Motors (GM) shares surged 15% following better-than-expected third-quarter sales and adjusted profit, marking the best performance in the S&P 500 [3][8] - The automotive giant reduced its forecast on tariff costs, indicating a quicker adjustment to tariffs than anticipated by analysts [3] - GM announced a $1.6 billion loss related to a reevaluation of its electric vehicle strategy due to regulatory changes [3] Company Performance - Halliburton (HAL) exceeded third-quarter revenue and adjusted earnings per share estimates, with shares rising approximately 12% [4] - Warner Bros. Discovery (WBD) shares increased by 11% after announcing a strategic review amid interest from potential buyers [5] - Philip Morris International (PM) reported third-quarter revenue and adjusted EPS above forecasts, yet shares fell 3.8% due to high investment levels [9] - Quest Diagnostics (DGX) shares declined 3.1% despite beating revenue and adjusted EPS forecasts, as the company lowered its full-year guidance for reported EPS [10] Market Trends - Major U.S. equities indexes ended the day mixed, with the S&P 500 little changed, the Dow rising 0.5%, and the Nasdaq retreating 0.2% [2] - Gold prices fell over 5%, impacting shares of Newmont (NEM), which dropped more than 9%, the largest decline among S&P 500 stocks [6][8]

Manufacturing executives say the Canadian government should take inspiration from Donald Trump’s tax cuts to help businesses remain competitive as they face cost pressures and uncertainty from US tariffs https://t.co/1Mds3uiixF ...

Guys, I want to start with General Motors because it is a big move for GM. Last I checked, they were up something like 11%. >> Ally, let's start with you.>> Stock is up stock is up well over 10% at this point in pre-market trading, Julie. And this comes despite a mixed earnings picture, but a big boost to fullear guidance along with more optimistic rhetoric around the tariff picture. So, uh earnings uh came in ahead of estimates whereas revenue slightly missed.But if we take a look at the fullear guidance, ...

So basically, tax-paying Americans will still be paying off the public servants' debt because the tariffs are passed down to the consumer?Watcher.Guru (@WatcherGuru):JUST IN: 🇺🇸 President Trump says tariffs can be used to pay US debt. ...

I took in hundreds of billions of dollars from China. I put the full tariffs on China. Biden left the tariffs because he couldn't.It was too much money. But they gave so many exceptions that they were essentially meaningless. In other words, he the tariffs.But you don't have to pay. If you look at somebody the wrong way. You don't have to pay.So they didn't pay very much. But with me, they were paying hundreds of billions of dollars. And again, I have a great relationship with President Xi.I expect to be ab ...

分组1: General Motors (GM) - General Motors raised its full-year outlook, forecasting EBIT in the range of $12 to $13 billion, adjusted automotive free cash flow of $10 to $11 billion, and diluted adjusted EPS of 9.75% to 10.5% [1][2] - GM narrowed its full-year tariff costs estimate to $3.5 to $4.5 billion, down from $4 to $5 billion, and reported a $1.1 billion hit from tariffs in the latest quarter [1][2] - The company is restructuring its EV business, having taken a charge of approximately $1.6 billion to address factory overcapacity and supplier payments, while expecting a natural demand for EVs to emerge next year [1][2][3] 分组2: Coca-Cola - Coca-Cola reported higher-than-expected earnings per share and total sales, driven largely by price increases, indicating strong demand from higher-income consumers [41][42] - The company is focusing on maintaining engagement with lower-income consumers through various packaging options and price points, while also investing in brand appeal [46][48] - Coca-Cola is rolling out a variant with real cane sugar and is optimistic about its performance in the market, alongside a strong pipeline for its Fairlife dairy products [52][58] 分组3: Market Overview - The U.S. stock market is showing a mixed picture during earnings season, with the Dow up by about 44 points, while the S&P 500 and Nasdaq Composite are slightly down [1] - Earnings season is characterized by individual stock movements rather than broad market trends, with notable performances from companies like Coca-Cola and 3M [1][2] - Analysts are observing a rotation into more defensive names in the market, indicating a potential shift in investor sentiment [60][62]

Geopolitical and Economic Insights - President Trump claims the U.S. is "leading China in the AI race" while expressing mixed sentiments about U.S.-China relations, which contributed to a decline in the NASDAQ 100 [2][8] - Trump reiterated a strong stance on tariffs, suggesting they could help "start paying down our debt" and emphasized their connection to national security [3] AI Sector Developments - OpenAI launched ChatGPT Atlas, an AI-driven web browser that integrates ChatGPT technology, positioning itself against established browsers like Google Chrome [4][8] - Wells Fargo CEO Charles Scharf expressed confidence that the AI sector is not in a bubble, indicating robust growth potential for AI companies [5] Banking Sector Outlook - Scharf provided an optimistic view of the U.S. banking system, stating there are "no cracks in credit" and that businesses are performing well [6][7] - Consumer spending is reportedly strong, with a favorable environment for consumers, despite some uncertainty about the future [7] Corporate Partnerships and Market Movements - Netflix partnered with Mattel to launch KPop Demon Hunters-themed toys, set to debut in 2026, capitalizing on franchise popularity [8][9] - Beyond Meat shares surged 81.6% following an expanded distribution agreement with Coca-Cola and Walmart, indicating growing confidence in the plant-based food market [9] Beauty Industry Insights - L'Oréal reported a 3% growth in the China beauty market in Q3, with improved consumer confidence [10] Global Energy and Trade Dynamics - The U.S. plans to purchase 1 million barrels for the Strategic Petroleum Reserve, with deliveries scheduled for late 2025 and early 2026 [11] - China is exploring a three-way currency swap with Japan and South Korea to enhance regional financial stability amid trade tensions [12]