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X @Bloomberg
Bloomberg· 2025-09-10 17:56
Mexico is looking to raise tariffs on cars made in Asia to as much as 50%, according to Economy Minister Marcelo Ebrard https://t.co/ICGF2dztR4 ...
Jeffrey Earnhardt and the No. 24 ForeverLawn Toyota GR Supra Return at Bristol
Globenewswire· 2025-09-10 15:31
LOUISVILLE, OH, Sept. 10, 2025 (GLOBE NEWSWIRE) -- September 10, 2025—ForeverLawn, Inc.® is excited to return to the track for the Food City 300 at the Bristol Motor Speedway. This will be Jeffrey Earnhardt’s final race of the season with the Sam Hunt Racing (SHR) team in the ForeverLawn Toyota, which will be streamed live on Friday, September 12 at 7:30 p.m. ET on CW. “I love Bristol — it’s one of my favorite tracks to run,” says Earnhardt. “SHR brought a great car last year and we qualified P6. We’re look ...
Synopsys downgraded, Oracle upgraded: Wall Street's top analyst calls
Yahoo Finance· 2025-09-10 13:51
Upgrades - BofA upgraded Rocket Companies (RKT) to Buy from Neutral with a price target of $24, up from $21, citing updated Federal Reserve rate cut forecast [2] - Morgan Stanley upgraded nCino (NCNO) to Overweight from Equal Weight with a price target of $36, up from $35, believing the cut in estimates provides an opportunity [2] - Susquehanna upgraded Saia (SAIA) to Positive from Neutral with a price target of $360, up from $340, expecting Q2 earnings to "snap-back" after a challenged fiscal Q1 report [3] - TD Cowen upgraded Nike (NKE) to Buy from Hold with a price target of $85, up from $62, citing improved margins, new management execution, and positive trends [3] - Citi upgraded Oracle (ORCL) to Buy from Neutral with a price target of $410, up from $240, after a "historic Q1 bookings quarter" with over $330 billion in bookings [4] - BofA also upgraded Oracle to Buy from Neutral with a price target of $368, up from $295, following exceptional RPO and backlog growth in Q1 [4] Downgrades - BofA double downgraded Synopsys (SNPS) to Underperform from Buy with a price target of $525, down from $625, due to uncertainty with top customer Intel and higher integration costs [5] - Morgan Stanley downgraded Trade Desk (TTD) to Equal Weight from Overweight with a price target of $50, down from $80, acknowledging a misjudgment on growth durability [5] - BofA downgraded BorgWarner (BWA) to Neutral from Buy with a price target of $46, up from $41, as shares approach historical valuation median range [5] - BofA downgraded Lear (LEA) to Neutral from Buy with a price target of $123, down from $135, citing challenges in the automotive industry affecting growth [5] - Evercore ISI downgraded HP Inc. (HPQ) to In Line from Outperform with an unchanged price target of $29, needing clearer paths to EPS and free cash flow estimates for further upside [5]
2025 Hyundai Elantra Hybrid Has an Eco Twist
CNET· 2025-09-10 12:01
[Music] affordable small sedans. There's not much left to choose from these days if you're looking to buy new. And the Hyundai Elantre remains one of the best in its class and one of the best values.We've got the Elantre Hybrid here today, adding a bit of electrified efficiency to that formula. So, let's take a closer look. Love it or that you've got to admit that Hyundai's designers have been pushing the style envelope with every one of their vehicles over the last decade.Even cars like the Elantre here, w ...
Jobs, AI, & Elon Musk's Trillion-Dollar Payday
Yahoo Finance· 2025-09-08 20:27
Economic Overview - The latest jobs report indicated that 22,000 jobs were added in the US in August, with the unemployment rate slightly increasing to 4.3% [2][3] - The labor force has decreased by 400,000 since April, contributing to the relatively low unemployment rate despite stagnant job growth [5][6] - The job market is described as "frozen," with businesses hesitant to hire or lay off employees due to uncertainty, particularly related to tariffs [1][4] Federal Reserve and Interest Rates - There is a strong expectation of a rate cut by the Federal Reserve, with discussions around a potential double 50 basis point cut in September [6][9] - The market's reaction to the jobs report suggests that investors are not optimistic about the current economic conditions, despite the potential for lower interest rates [6][9] - The Fed's reluctance to lower rates too quickly is highlighted, as they aim to avoid overreacting to short-term data [9][11] Artificial Intelligence Sector - AI is seen as a significant driver of market performance, with companies like OpenAI and Anthropic making headlines for their substantial valuations and revenue growth [17][19] - Anthropic reported a run rate of $5 billion in annualized revenue, reflecting a fivefold increase since the beginning of the year [19] - Concerns about the sustainability of high valuations in the AI sector are raised, particularly regarding competition and the potential for commoditization [21][23] Company-Specific Insights - Alphabet is positioned strongly in the AI market, benefiting from its core advertising business, which supports its AI initiatives [22][23] - Lululemon faces challenges with product relevance and competition, leading to concerns about its future growth potential [27][28] - Nike is attempting to regain its brand appeal and relevance in a competitive market, with recent partnerships indicating a strategic shift [32][33] Market Trends and Consumer Behavior - The discussion around consumer preferences indicates a shift, with brands like On Holding gaining traction while legacy brands like Lululemon and Nike struggle [34][35] - The impact of direct-to-consumer models is emphasized, as new brands can quickly rise in popularity without extensive marketing budgets [36][37] - The retail landscape is evolving, with companies like Target facing challenges but also opportunities for restructuring and differentiation [52][53] IPO and Valuation Concerns - CoreWeave's stock has seen significant volatility, reflecting broader market trends and investor sentiment towards tech IPOs [40][42] - Figma's recent IPO performance illustrates the challenges of maintaining high valuations post-IPO, with its stock price dropping significantly from initial highs [44][46] - The competitive landscape for Figma is complicated by its positioning between established players like Adobe and emerging free alternatives [46][47] Elon Musk and Tesla - Elon Musk's potential trillion-dollar pay package is framed as a strategic move to keep him motivated, with performance milestones tied to Tesla's growth [49][50] - The ambitious targets set for Musk's compensation package reflect confidence in Tesla's future market cap and operational success [49][50]
X @The Wall Street Journal
How the immigration raid at Hyundai’s Georgia factory complex—an investment hailed by President Trump earlier this year—unfolded https://t.co/zl4UB9x1ct ...
X @Bloomberg
Bloomberg· 2025-09-07 13:32
The new Stellantis CEO called for urgent European Union action to rescue the region’s car industry as challenges mount for the Fiat maker and its peers in the face of competition from Chinese rivals. https://t.co/Q18RrJPwAP ...
X @BBC News (World)
BBC News (World)· 2025-09-06 15:34
South Korea mounts swift response to deal with raid on US Hyundai plant https://t.co/uY3E1x82Eo ...
X @Tesla Owners Silicon Valley
BREAKING: Tesla Model Y deliveries have officially begun in India.https://t.co/8vetbxDnM0 ...
X @Bloomberg
Bloomberg· 2025-09-05 09:20
BMW unveiled the first of a new range of EVs meant to help the German carmaker push back against Chinese rivals and take back the lead in automotive engineering https://t.co/QVazt9QvRs ...