As Elon Musk continues to take an outsized and controversial role in the US government, reports of harassment of Tesla owners and vandalism of showrooms and vehicles are on rise. That may, in part, be contributing to plunging resale values and interest in used Teslas in the United States.
The Covent Garden estate is now worth £2.7 billion ($3.5 billion), with stores of most notable brands located in the retail hub.
Accenture stock sank 8% Thursday after the professional services firm reported lower profit than analysts expected for its fiscal 2025 second quarter and its chief executive said government spending cuts are hurting sales.
Heavy equipment distributor Titan Machinery (NASDAQ:TITN) announced better-than-expected revenue in Q4 CY2024, but sales fell by 10.8% year on year to $759.9 million. Its non-GAAP loss of $1.98 per share was significantly below analysts’ consensus estimates.
(Bloomberg) -- A small group of pioneers is hoping that factor investing, which has grown into a multi trillion-dollar market in equities, can become the next big thing in the world of corporate bonds — particularly with Donald Trump’s agenda sending shock waves across assets.Most Read from BloombergAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleNYC Plans
U.S. President Donald Trump's tariff threat could motivate more Canadian lumber producers to shift to the U.S. southern border while accelerating efforts to find new markets, industry experts said. The levies are the latest in a nearly four-decade dispute between the neighbors over softwood lumber, used in construction, furniture and paper production. Levies on Canadian lumber could hit 40% if current duties of 14.54%, and Trump's proposed 25% tariffs are added.
Footwear retailer Shoe Carnival (NASDAQ:SCVL) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 6.1% year on year to $262.9 million. The company’s full-year revenue guidance of $1.19 billion at the midpoint came in 5.2% below analysts’ estimates. Its GAAP profit of $0.53 per share was 15.2% above analysts’ consensus estimates.
Tesla has at least one Wall Street supporter left.
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