The benchmark diesel price used for most fuel surcharges dropped for the first time in five weeks. The post Benchmark diesel price heads lower as futures markets drop even more appeared first on FreightWaves.
Intel is rising on a report that two leading AI names are running manufacturing tests using its chipmaking technology.
The stock exchange has several hundred banks using its full suite of digital tools and 2,600 clients using its anti-financial-crime software, Friedman said.
(Bloomberg) -- Emerging-market assets kicked off March little changed as traders monitored a looming deadline for US tariffs on key trading partners, while Ukraine bonds fell on the fading prospects of a near-term peace deal.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global
Wall Street's main stock indexes tumbled Monday to end sharply lower after President Donald Trump announced the start of 25% tariffs on Canada and Mexico. Trump said on Monday that there was no chance for Mexico or Canada to prevent 25% tariffs from taking effect on Tuesday. "They're going to have to have a tariff.
Shares of exercise equipment company Peloton (NASDAQ:PTON) fell 5.8% in the afternoon session as the major indices tumbled after the Trump administration confirmed that the planned 25% tariffs on imports from Canada and Mexico, two of the largest trading partners of the United States, would proceed as planned. The news added to the market's growing unease, which had been building since the start of 2025. For Wall Street analysts, investors, and businesses, the announcement underscored the urgent
Morgan Stanley's Adam Jonas said Tesla is a top pick for the auto sector.
March trading is kicking off with investors bracing for tariffs, the monthly jobs report, and key retail earnings.
The Dow Jones Industrial Average tumbled 650 points, or 1.5%. The S&P 500 sank 1.8%, and the Nasdaq lost 2.6%.
Software development tools maker GitLab (NASDAQ:GTLB) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 29.1% year on year to $211.4 million. The company expects next quarter’s revenue to be around $212.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.33 per share was 44.6% above analysts’ consensus estimates.