Representing 5.97% of Bill Gates’s stock portfolio, Caterpillar Inc. (NYSE:CAT) is one of his top top 15 stock picks. DA Davidson Raises PT on Caterpillar (CAT) to $560, Maintains “Neutral” Rating On November 3, 2025, DA Davidson increased its price target on Caterpillar Inc. (NYSE:CAT) from $408 to $569, while keeping a “Neutral” rating, The Fly reported. The investment firm’s raised target reflects the company’s strong Q3 results. The firm’s optimism stems from management’s upbeat tone, which is drive ...

Core Insights - Temu is offering $1,000 to middlemen to recruit US retailers to sell on its platform as a response to the end of the "de minimus" exemption, which previously allowed goods valued under $800 to be shipped to the US without duties [1][2][3] Group 1: Business Strategy - Temu is aggressively expanding its network of US sellers to mitigate the impact of tariffs and shipping costs on its products, which include clothing, jewelry, and home goods [2][4] - The company aims to provide an additional sales channel for local merchants, thereby supporting their growth while offering consumers more choices [4] Group 2: Financial Performance - PDD Holdings, the parent company of Temu, has seen its shares rise approximately 40% year-to-date, with revenue growing by 7% to $14.5 billion in the most recent quarter, marking the slowest growth in years due to tariff impacts [4] Group 3: Market Context - The termination of the "de minimus" rule has significantly affected the growth of Temu and its competitor Shein, which previously benefited from this exemption [10][11] - Exports from Shein and Temu surged to $66 billion in 2023, a substantial increase from $5.3 billion in 2018, highlighting the impact of tariff changes on their business models [11]

ROUGEMONT, Quebec, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde” or the “Corporation”) today announced its financial results for the third quarter of 2025. Financial Highlights: Third quarters endedSept. 27, 2025Sept. 28, 2024∆(in millions of dollars, unless otherwise indicated)$$$Sales<td style="border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1 ...

The president said it's a triumph for the American patient. Is it. So like most of these are most favored nations deals that Trump is doing with drug companies.You know, we don't know the full the full details of this yet. The basic parameters, you know, are similar to other deals that Trump has done so far with companies like Pfizer or AstraZeneca. This is kind of the obesity drug deal that Trump is doing.They're talking about prices they offered starting for some Medicare patients with certain conditions, ...

Core Argument - The Supreme Court's skepticism regarding the president's legal authority to impose tariffs under emergency economic powers raises concerns about the future of these tariffs and their impact on the economy [1][2][4]. Tariffs and Economic Policy - The administration believes it has made a compelling case for the president's authority to declare emergencies related to foreign policy and impose tariffs as a response to trade deficits and national security issues [2][4]. - Tariffs are viewed as a key tool for addressing economic emergencies, with the International Economic Emergency Powers Act (IEEPA) granting the president the authority to regulate imports, potentially including embargoes [6][7]. - The current tariff policy is integral to the administration's economic agenda, aimed at re-industrializing the U.S. economy and reducing trade deficits [8][13]. Economic Impact of Tariff Reversal - A ruling against the administration could lead to significant economic pain, including increased uncertainty and a drag on economic growth, as highlighted by Federal Reserve officials [9][10]. - The administration has collected nearly $200 billion in tariff revenue as of September 30, which underscores the financial implications of these tariffs [10]. - Financial markets have reacted positively to the current tariff policies, and any reversal could damage market confidence and economic stability [12][13]. Contingency Plans - The administration is prepared with contingency plans to enact tariffs through other legal avenues if the Supreme Court rules against them [15][16]. - Various sections of trade law, such as Section 232, could be utilized to impose additional tariffs if necessary [15]. Government Shutdown and Economic Consequences - The ongoing government shutdown, now the longest on record, poses risks to economic stability, with estimates suggesting a loss of up to $15 billion per week, potentially impacting GDP growth [20][21]. - The shutdown has already affected military payments and essential benefits, leading to broader economic implications if it continues [17][21]. - The administration emphasizes the need for bipartisan cooperation to resolve the shutdown and prevent further economic damage [22].

Core Insights - E.l.f. Beauty Inc's stock has experienced a significant decline, dropping 29% on Wednesday and an additional 36% on Thursday, impacting related consumer and retail ETFs [1][2][3] - The company's recent earnings report revealed an 84% drop in net income due to increased costs from tariffs, leading to a decline in gross margin and necessitating a price hike across its products [4][5] - Valuations for E.l.f. remain high at around 70 times forward earnings, raising concerns among analysts about the sustainability of its growth amidst margin pressures [6][7] ETF Impact - The iShares U.S. Consumer Goods ETF (IYK), which includes major companies like Procter & Gamble and Estee Lauder, has seen a slight decline as E.l.f.'s tariff issues raise concerns about margins across the sector [2][5] - The VanEck Retail ETF (RTH) and SPDR S&P Retail ETF (XRT) are also affected, with RTH down 1.2% and XRT down 3% as inflation and tariffs threaten consumer spending [3][5] - The situation highlights the vulnerability of ETFs with exposure to consumer goods and retail sectors, as many brands rely on global supply chains that could be impacted by ongoing tariff issues [5][6] Market Sentiment - Analysts from TD Cowen, UBS, and Piper Sandler have revised price targets and ratings for E.l.f., indicating a slowdown in core business growth despite the success of its Hailey Bieber-backed brand [6][7] - The episode serves as a cautionary tale for ETF managers, emphasizing that high-growth narratives can quickly turn into liabilities for portfolios [7]

Now that both the European Union and Latin America have felt the rough edge of Donald Trump’s hand in the form of tariffs and other threats, they are making greater efforts to draw closer https://t.co/RLfHIlWyuC ...

Cleveland Fed president Beth Hammack doubled down Thursday on her concerns about inflation, saying that it’s not obvious the central bank should cut rates further. “I remain concerned about high inflation and believe policy should be leaning against it,” Hammack said at the Economic Club of New York. “After last week’s meeting, I see monetary policy as barely restrictive, if at all, and it’s not obvious to me that monetary policy should do more at this time. But the future is inherently uncertain, and I’m ...

I'm now joined by Lorraine Hutchinson, the senior retail analyst over at BFA Securities. Lorraine, this holiday shopping season could be one that is impacted more severely by tariffs. Just how important is this SCOTA's decision on the retail universe that you cover. >> The decision is really, really important.Uh it may be a little too late for the holiday season though. Uh most retailers right now have already received the product that they'll sell for holiday. So they have paid tariffs on those and they ha ...

Group 1: Market Overview - The US stock market is experiencing a decline, with the Dow down nearly 300 points, approximately 0.61% [2] - The tech-heavy NASDAQ is leading the sell-off, with significant drops in large-cap tech stocks [3][5] - Qualcomm shares fell by 1.8% following earnings, while AMD saw a larger decline of about 5% [4] Group 2: Earnings Season Insights - Many tech companies are beating earnings estimates but still seeing stock price declines, indicating high investor expectations [6][12] - Qualcomm's recent earnings report did not provide additional details on a new data center chip, contributing to the stock's negative reaction [9] - Super Micro reported a 15.8% quarter-over-quarter growth in the semiconductor industry, but its stock fell due to design issues [21] Group 3: Warner Brothers Discovery - Warner Brothers Discovery reported a third-quarter loss of $148 million on $9 billion in revenue, with a 6% decline in revenue [33][38] - The company is planning to split into two entities by mid-2026, while also exploring strategic alternatives, including potential sales [35][36] - The studio and streaming businesses are seen as high-growth areas, generating nearly $4 billion in EBITDA, while the TV networks face challenges [41][49] Group 4: AI and Semiconductor Sector - The AI trade remains strong, with companies like Qualcomm, AMD, and Nvidia positioned to benefit from AI infrastructure investments [14][31] - Investors are encouraged to consider buying dips in semiconductor stocks, as earnings beats can lead to lower valuations if stock prices do not react positively [16][17] - The focus is shifting towards AI-powered infrastructure, including energy and networking opportunities [30][31] Group 5: M&A Activity - SoftBank is reportedly considering acquiring Marll Technology to combine it with ARM, indicating potential consolidation in the semiconductor space [24][25] - Marll is viewed as undervalued compared to peers, making it an attractive target for acquisition [25] Group 6: Supreme Court and Tariffs - The Supreme Court is hearing arguments regarding the legality of President Trump's tariffs, which have generated nearly $200 billion in revenue [74][120] - A ruling against the administration could lead to economic uncertainty and impact growth and hiring [120]