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Honda Reports 19.7% Profit Decline in H1, Lowers Annual Profit Forecast Amid China Sales Slump
Honda Motor Co. (HMC) shares down on lower FY24 profit & reduced car sales forecast. Global car sales rose, but group sales fell mainly in China. read more
What Does Trump’s Victory Mean For EV Giant Tesla And The Big 3 Automakers?
A Trump presidency will end EV subsidies, which would devastate legacy automakers — GM, Ford and Stellantis — that are currently struggling. read more
Why Sunrun (RUN) Stock Is Getting Hammered
Sunrun’s stock dropped 26% following Donald Trump’s presidential victory. His plans to repeal green energy tax credits and impose tariffs on imports threaten Sunrun’s cost structure and consumer demand. read more
Dogecoin Surges 9%, Could Be Primed For A ‘While Ride,’ Veteran Analyst Says
Dogecoin (CRYPTO: DOGE) is forecasted to experience a major rally, bolstered by Elon Musk’s role in Donald Trump’s successful re-election bid. read more