Core Viewpoint - The U.S. Supreme Court's ruling to overturn Trump's emergency tariffs could lead to refunds of approximately $175 billion in tariffs, significantly impacting businesses and consumers, although the refund process is expected to be slow [1]. Group 1: Impact on Businesses - Thousands of businesses are now considering pursuing refunds due to the Supreme Court ruling, which affects not only those that sued but also a broader range of companies [1]. - Affected companies, including luxury brands like LVMH and Moncler, saw positive stock reactions following the ruling [1]. - The corporate sector, particularly in consumer goods, automotive, manufacturing, and apparel, has been heavily impacted by tariffs that increased costs and disrupted supply chains [1]. Group 2: Refund Process and Legal Actions - The refund process is anticipated to be lengthy, with many companies potentially waiting months to years to recoup tariffs [1]. - Over 1,800 tariff-related lawsuits have been filed since April, a significant increase from fewer than two dozen in 2024, indicating a growing trend of legal challenges against tariffs [1]. - Companies may face challenges in gathering detailed import data necessary for calculating tariffs paid under various regimes [1]. Group 3: Consumer Impact - The Federal Reserve Bank of New York reported that 90% of the costs from Trump's tariffs are borne by American consumers and companies, countering the argument that foreign entities bear the burden [1]. - The effective U.S. tariff rate was reported at 11.7% as of November, significantly higher than the average of 2.7% between 2022 and 2024 [1]. Group 4: Future Tariff Landscape - Despite the ruling, tariffs are expected to continue under different legal frameworks, particularly in sectors deemed crucial for national security [1]. - The automotive sector will still face significant tariffs not related to the overturned emergency powers, such as the 25% tariffs on vehicles from Mexico and Canada [1]. - Some companies are opting to sell their rights to collect refunds to outside investors, receiving a small upfront payment while forfeiting the remainder [1].

Harley-Davidson’s credit ratings may get cut to junk status after the motorcycle maker posted weaker-than-expected results, S&P said https://t.co/jiGZMNY4aU ...

Harley-Davidson shares tumbled after the company reported an unexpected drop in motorcycle shipments, extending its struggles in the face of weak demand and punishing tariffs https://t.co/EML11lZwKs ...

Core Viewpoint - LiveWire Group, Inc. is set to release its fourth quarter and year-end financial results on February 10, 2026, before market hours, with an audio webcast scheduled for the same day [1]. Company Background - LiveWire is primarily owned by Harley-Davidson, Inc. and focuses exclusively on the electric motorcycle sector [3].

Financial Performance - Harley-Davidson reported higher third-quarter profit [1] Market Trends - Demand for motorcycles remains soft due to economic uncertainty and global tariffs [1]

Harley-Davidson posted lower sales in the latest quarter, showing the challenges faced by the motorcycle maker’s new leadership as it suffers from softer consumer demand https://t.co/X5qPSmemEw ...

Core Viewpoint - Morgan Stanley's Stephen Grambling has downgraded the stock from Hold to Sell due to low pricing power and weak secular trends [1] Summary by Category Pricing Power - The company is experiencing low pricing power, which is a significant factor in the downgrade decision [1] Market Trends - There are weak secular trends affecting the industry, contributing to the negative outlook [1]

Specialty vehicle manufacturer Polaris is getting out of the motorcycle business after reaching a deal to sell its Indian brand bike operation to Carolwood LP, a private-equity firm https://t.co/CibV0WsYa8 ...

Core Insights - American Rebel Holdings, Inc. has successfully resolved its default with Bank of America, eliminating legal risks and strengthening its balance sheet [1][2][6] - The company has consolidated its financing under a new long-term agreement with Streeterville Capital, enhancing operational flexibility and positioning for future growth [1][4][5] Financial Restructuring - The resolution of the default includes full repayment of the outstanding line of credit with Bank of America, which has closed all related litigation [6] - Foreclosure risks against Champion Safe Co. and other subsidiaries have been eliminated, protecting valuable assets [6] - The company has restructured its debt under a facility with Streeterville Capital, including a seven-year convertible exchange note with a principal balance of approximately $6.58 million maturing in June 2027 and a new $1.3 million convertible exchange note maturing in 2032 [6][10] Strategic Partnerships - American Rebel has built a strategic relationship with Streeterville Capital, completing multiple transactions since June 2025, including a $2 million investment in Damon Inc., which focuses on electric motorcycles [1][9] - The investment in Damon Inc. allows American Rebel to participate in secured creditor rights while maintaining operational flexibility [10] Operational Impact - The restructuring has lifted the burden of interest payments, allowing the company to allocate resources towards expanding its product portfolio, including safes, concealed carry gear, and American Rebel Beer [7][11] - The resolution of litigation and release of liens has strengthened the company's financial foundation, enhancing shareholder value and investor confidence [11]

Leadership Change - Harley-Davidson appoints Artie Starrs, former head of Topgolf, as the new CEO [1]