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Trump’s DOE proposes cutting billions in grants for GM, Ford, and lots of startups
Yahoo Finance· 2025-10-07 21:11
The Department of Energy is looking to cut billions more in federal funding, and many promising startups as well as automakers Ford, General Motors, and Stellantis could be affected by the Trump administration’s decision. The proposed cuts would cancel more than $500 million of contracts awarded to more than a dozen startups, according to a TechCrunch analysis of an internal document that has not become public yet. All of the proposed cuts are grants that had been awarded under the Bipartisan Infrastruct ...
Eagle Materials Inc. (EXP) to Capitalize on Improving Construction Trends
Yahoo Finance· 2025-09-15 13:03
Group 1 - Eagle Materials Inc. is recognized as one of the best cement stocks to buy, with analysts expressing confidence in the growth outlook for the construction materials sector due to improving demand trends [1] - JPMorgan has raised its price target for Eagle Materials from $220 to $245 while maintaining a Neutral rating, indicating optimism about the company's ability to capitalize on heightened investments in infrastructure and non-residential spending [2] - For the first quarter of fiscal 2026, Eagle Materials reported record revenue of $634.6 million, a 4% year-over-year increase, driven by higher cement sales and contributions from acquired aggregate businesses [3] Group 2 - Eagle Materials manufactures and distributes a variety of building products, including Portland cement, gypsum wallboard, concrete, and aggregates, catering to residential, commercial, industrial, and infrastructure construction [4]