Pinterest (NYSE: PINS) shares were annihilated after the company reported largely in-line results and issued cautious guidance. The stock is now trading down more than 40% on the year, as of this writing. Let's dig into Pinterest's fourth-quarter results and prospects to see if this dip is a buying opportunity. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel ...

Core Viewpoint - Crown Crafts, Inc. reported a mixed performance for the third quarter of fiscal 2026, with significant declines in net sales and gross profit, but a notable increase in net income and earnings per share, driven by nonrecurring insurance proceeds [2][5]. Financial Performance - Net sales decreased by 11.3% year over year to $20.7 million from $23.4 million [2] - Gross profit fell by 20.3% to $4.9 million from $6.1 million, with gross margin compressing to 23.5% from 26.1% [2] - Net income increased by 69.1% to $1.5 million from $0.9 million, while diluted earnings per share rose by 55.6% to $0.14 from $0.09 [2] Product Category Performance - Sales of bedding and diaper bags dropped by 29.8% to $7.8 million from $11.2 million [3] - Sales of bibs, toys, and disposable products increased by 5.8% to $12.9 million from $12.2 million, indicating a divergence in product performance [3] Operating Metrics - Operating income swung to a loss of $0.1 million from income of $1.7 million a year earlier [4] - Marketing and administrative expenses increased by 12.9% year over year to $4.9 million from $4.4 million, rising to 24% of sales from 18.8% [4] Other Income and Expenses - Other income rose sharply to $2.5 million from a $33,000 expense in the prior-year period, primarily due to insurance proceeds [5] - The net impact of these proceeds added $2.1 million to income before taxes [5] Balance Sheet Overview - Inventories stood at $31.2 million at quarter-end, up from $27.8 million at fiscal year-end [6] - Total debt was approximately $16.4 million, including $11.3 million under the revolving line of credit [6] - Net cash provided by operating activities for the nine-month period was $7.1 million, slightly above the prior year's $6.9 million [6] Management Commentary - Management noted a challenging demand backdrop and elevated tariffs affecting products sourced from China, contributing to gross margin contraction [7] - Uneven consumer spending and retailer program changes were cited as headwinds, particularly in bedding and diaper bags [7] Strategic Focus - Management emphasized ongoing pricing actions, cost controls, and operational consolidation to drive profitability in a difficult macro environment [8] - The company did not provide formal financial guidance but expressed confidence in meeting liquidity needs through operational cash flow and available credit [12] Recent Developments - Crown Crafts announced the relaunch of the "Groovy Girls" line of soft fashion dolls by Manhattan Toy, available starting May 2026, reflecting a focus on internal product development [13]

Joining us now is Chicago Fed President Austin Goulby. Austin, thank you for joining us this morning. >> Great to see you again, Steve.>> Okay, so let's talk about this inflation report that came out. 2.4% on the headline 25 on core. Austin, what is not to like.>> Well, there's some stuff to like, but there are a few things a little bit warning. Remember when the inflation number comes out, that's a backward 12 month moving average. So one month fell out from 12 months ago and that was a really bad inflatio ...

United States Customs and Border Protection (CBP) has indicated that there’s a widespread issue with customs bonds—namely, that more companies than ever aren’t paying enough to guarantee coverage of the Trump administration’s broad and hefty tariffs. A record number of importers are not shelling out enough for customs bonds (also called surety bonds), binding contracts that ensure they will pay all required duties and fees to the federal government, according to CNBC. More from Sourcing Journal CBP told ...

Key TakeawaysCanada’s annual inflation rate slowed to 2.3% in January, coming in below the 2.4% estimate and providing the Bank of Canada with more room for potential policy easing.Nasdaq 100 futures dropped 1.1% in pre-market trading, weighed down by a 1.7% decline in Alphabet (GOOGL) and a 1% slide in Nvidia (NVDA).Masimo (MASI) shares skyrocketed 35% following news that the company will be acquired by Danaher (DHR) for $180 per share.USTR Jamieson Greer confirmed steel and aluminum tariffs will remain in ...

Core Insights - Tariffs continue to pose a significant cost challenge for General Motors (GM), but the company has managed the impact better than anticipated [1] Financial Performance - In 2025, GM incurred $3.1 billion in gross tariff costs, which was lower than the initial forecast of $3.5-$4.5 billion. By the third quarter, the company had incurred $2.4 billion, with an additional $700 million in the fourth quarter [2] - GM offset over 40% of its gross tariff costs through pricing actions, footprint adjustments, and internal cost reductions, which helped maintain margins despite trade pressures [3] Future Outlook - For 2026, GM expects gross tariff costs to be in the range of $3-$4 billion, slightly higher than in 2025 due to an additional quarter of exposure. The first-quarter impact is anticipated to be between $750 million and $1 billion [4] - The company plans to sustain its mitigation efforts through pricing discipline, manufacturing adjustments, and efficiency measures, while also increasing U.S. vehicle production and investing in supply-chain resiliency [5] Competitive Context - Ford faced a net tariff headwind of approximately $2 billion in 2025, with expectations of a $1 billion decline in tariff costs for 2026 as credits take effect [6] - Stellantis estimated its 2025 net tariff impact at around €1.5 billion, significantly affected by 25% tariffs on imports from Canada and Mexico [7] Stock Performance - GM shares have increased by 44% over the past six months, outperforming the industry [8] - GM trades at a forward price-to-earnings ratio of 6.47, which is below the industry average, and carries a Value Score of A [11]

Core Insights - President Trump's tariffs have led to layoffs in some supply chain sectors, while other industries are thriving during his second term [1] Defense and Aerospace - Defense contractors and military suppliers are benefiting from increased federal budgets and spending on national defense, resulting in significant backlogs and revenue growth [2] - The U.S. aerospace and defense industry generated nearly $1 trillion in economic activity, highlighting its importance [3] Energy and Fossil Fuels - The U.S. is the largest exporter of crude oil and natural gas, with recent production increases due to deregulation and domestic fuel production, creating jobs and capital investment [4] Healthcare and Social Assistance - The healthcare sector continues to grow, driven by demographic trends and increased longevity, making it one of the largest job-producing sectors [5] Blue Collar Jobs - There is a rising interest in vocational careers such as plumbing and HVAC due to the instability of digital services caused by inflation and policy changes [6] - Industries that combine trade skills with modern technology, like AI, are seeing higher profit margins compared to traditional tech roles [7]

Core Insights - The article discusses the impact of the president's trade policies on various stakeholders, highlighting both positive and negative effects on businesses and consumers [1] Group 1: Trade Policy Effects - Businesses express concerns over increased tariffs leading to higher costs of imported goods, which may affect pricing strategies and profit margins [1] - Consumers report experiencing higher prices for everyday products due to the trade policies, indicating a direct impact on household budgets [1] - Some industries, particularly manufacturing, are seeing a mixed impact, with certain sectors benefiting from reduced competition while others struggle with increased costs [1]

The immediate impact of President Trump's tariff announcements on the stock market last April was hard to miss. The S&P 500 (SNPINDEX: ^GSPC) experienced one of its worst two-day declines in history following the announcement. The Nasdaq Composite (NASDAQINDEX: ^IXIC) fared even worse. The only thing that prevented the indexes from falling into bear-market territory was the President's reversal of many of the tariffs announced just days prior. Many of the planned tariffs went into effect after a few modi ...

Domestic Burden - The average U.S. tariff rate increased from 2.6% to 13% in 2025, with foreign prices not significantly decreasing to offset this increase [2] - 94% of the tariff incidence was borne by the U.S. in the first eight months of 2025, indicating that American importers paid the tax on top of the original cost of goods [2][5] Supply Chain Shifts - U.S. companies reorganized their supply chains to avoid high tariffs, particularly targeting China, whose share of U.S. imports fell below 10% in 2025 from 25% in 2017 [3] - Mexico and Vietnam gained significant market share as U.S. importers shifted away from high-tariff Chinese goods [3] Exporters Hold Firm - By November 2025, pass-through rates for tariffs dropped to 86%, with a 10% tariff resulting in only a 1.4% decline in foreign export prices [4] - The anticipated relief from foreign price cuts did not materialize, with U.S. firms and consumers continuing to bear the majority of the economic burden from high tariffs [5]