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Trump rips SCOTUS tariffs ruling: 'Deeply disappointing' and 'ashamed' of certain members of court
Youtube· 2026-02-20 19:35
Wow, that's a lot of people. That's a new record. We set a record every time. Well, thank you very much for being here. The Supreme Court's ruling on tariffs is deeply disappointing and I'm ashamed of certain members of the court, absolutely ashamed for not having the courage to do what's right for our country. I'd like to thank and congratulate justices Thomas, Alito, and Kavanaaugh for their strength and wisdom and love of our country, which is right now very proud of those justices. When you read the dis ...
US Economic Resilience Weights on Rate Cut Bets, Private Credit Risks | Real Yield 2/20/2026
Youtube· 2026-02-20 19:16
Economic Impact of Supreme Court Ruling - The Supreme Court's decision to strike down President Trump's global tariffs is expected to lead to a decrease in consumer prices, potentially boosting consumer spending and business investment [7][8][9] - The ruling may complicate ongoing trade negotiations, as many agreements were made with the tariffs in mind, leading to uncertainty in future tariff structures [9][10][11] Market Reactions - Following the Supreme Court ruling, the U.S. 10-year yield increased, reflecting market concerns about the implications for U.S. debt levels and budget deficits [5][12] - Analysts noted that the market had largely anticipated the ruling, with a 75% probability assigned to the outcome prior to the announcement, leading to a measured market reaction [18] Federal Reserve Policy Outlook - The current economic indicators suggest that the Federal Reserve may not need to lower interest rates immediately, as inflation remains a concern and the economy shows signs of stability [2][4][20] - There is speculation that the Fed may adopt a more data-dependent approach moving forward, with potential for rate hikes later in the year if inflation pressures increase [21][22][23] Private Credit Market Concerns - Blue Owl's decision to restrict withdrawals from one of its private credit funds has raised concerns about the overall health of the private credit market, although some analysts believe the situation is not indicative of systemic issues [39][40] - The private credit sector has seen growth stall, and there are expectations of rising default rates in 2024 and 2025, prompting a reassessment of investment strategies [62][64] Municipal Market Implications - The restart of the $16 billion Gateway Tunnel project may have implications for municipal budgets, particularly in states that have been targeted by federal funding cuts [77][79] - Financial advisors are concerned about how federal funding policies could impact state and local government bonds, especially in high-tax states like California and New York [80][81][84]
Tesla still has to pay $243 million over fatal Autopilot crash, judge rules
Yahoo Finance· 2026-02-20 19:10
A federal judge has ruled that Tesla is still required to pay $243 million over a 2019 crash involving a Tesla equipped with Autopilot, despite the company’s efforts to overturn the verdict. Most Read from Fast Company In August 2025, a jury found Tesla liable for the death of Naibel Benavides Leon, a 22-year-old woman who was killed when George McGee, who was driving a Tesla Model S, drove through an intersection while he bent to look for his dropped phone. The crash occurred in Key Largo, Florida, in ...
Rivian Shares Surged on Delivery Forecast. Is It Too Late to Buy the Stock?
Yahoo Finance· 2026-02-20 19:04
Rivian Automotive (NASDAQ: RIVN) shares skyrocketed last week after the company projected robust vehicle deliveries for 2026 when it reported its fourth-quarter results on Feb. 12. However, even after the huge jump in share price, the stock is still trading down about 15% year to date, as of this writing. Let's dig into the electric vehicle (EV) maker's results and prospects to see whether or not it's too late to buy the stock. Where to invest $1,000 right now? Our analyst team just revealed what they bel ...
X @Bloomberg
Bloomberg· 2026-02-20 18:58
Lucid is slashing its workforce following a difficult 2025 for the electric vehicle maker, which struggled to boost production in a volatile auto market https://t.co/GwFVQtaPFg ...
Lucid Group Is Trading Near Its Lows. Is It Finally Time to Buy?
Yahoo Finance· 2026-02-20 18:20
Core Viewpoint - Lucid Group has experienced a significant decline in stock value, losing 98% since its trading debut in 2021, but it has strong financial backing and plans to manufacture vehicles in Saudi Arabia this year [1] Group 1: Financial Performance - Lucid's fourth-quarter earnings for 2025 showed a 104% increase in vehicle production year-over-year, totaling 18,378 units, with deliveries reaching 15,841, a 55% improvement over 2024 [2] - The company has incurred steep cash losses, burning $3.4 billion over the past four quarters against total revenue of just over $1 billion [4][6] - The share count has increased by 90% since the stock began trading, indicating ongoing dilution of existing shareholders [6] Group 2: Product Strategy - The upcoming mid-size SUV, priced around $50,000, is expected to drive sales momentum, similar to Tesla's strategy with the Model 3 [3] - Lucid primarily targets high earners with its premium models, which may limit its market reach as federal EV tax credits have expired [2] Group 3: Industry Challenges - The automotive industry is highly competitive, and Lucid faces challenges in scaling production profitably due to high manufacturing costs [5] - The company’s financial struggles highlight the difficulties in the electric vehicle market, where even established players like Tesla have had to pivot their strategies [5]
X @Tesla Owners Silicon Valley
Cybercabs without steering wheels https://t.co/uSw8Haj3cxJoe Tegtmeyer 🚀 🤠🛸😎 (@JoeTegtmeyer):Cybercab production versions (note stickers on tires, apparently no steering wheel & seat belts across both front seats at the Giga Texas crash testing facility today.Note the image of the Cybercab team and my circled area on the top left … the wheels seen here appear to be https://t.co/nEDxv1CvYH ...
Tesla loses bid to toss $243 million verdict in fatal Autopilot crash suit
CNBC· 2026-02-20 17:46
A federal judge in Miami denied Tesla's bid to toss out a $243 million verdict in a lawsuit that requires the automaker to compensate the family of a 2019 fatal Autopilot crash victim as well as a survivor.The collision, which occurred in Key Largo, Florida, killed 22-year-old Naibel Benavides and severely injured her boyfriend, Dillon Angulo. Tesla owner George McGee was driving his Model S sedan while using the company's Enhanced Autopilot, a partially automated driving system. During the trial, McGee sai ...
Tesla loses bid to overturn $243M Autopilot verdict
TechCrunch· 2026-02-20 17:37
Core Viewpoint - A judge has upheld a $243 million jury verdict against Tesla, holding the company partially responsible for a fatal crash involving its Autopilot system [1][2]. Group 1: Legal Proceedings - The judge, Hon. Judge Beth Bloom, denied Tesla's request to overturn the jury verdict, stating that the arguments presented were similar to those previously considered and rejected during the trial [2]. - The jury had awarded the $243 million verdict in August, attributing two-thirds of the blame to the driver and one-third to Tesla, with punitive damages assessed only against Tesla [2]. Group 2: Tesla's Defense - Tesla's legal team argued that the driver was primarily at fault for the crash, which they claimed should absolve the company of responsibility [3].
Signal vs. Noise: Markets, Misconceptions, and the Case for Optimization in 2026
Etftrends· 2026-02-20 17:11
Signal vs. Noise: Markets, Misconceptions, and the Case for Optimization in 2026The central theme of 2025 was the disconnect between market sentiment and economic reality. The year began with widespread apprehension regarding aggressive tariffs and forecasts of a recession. Yet, it concluded with global equities at all-time highs and the U.S. economy maintaining consistent growth as the anticipated economic contraction failed to materialize.The fourth quarter reflected this broad dynamic. Markets focused on ...