White House to Extend Tariff Relief for US Automakers: What You Need to Know
The White House will extend tariff relief for US carmakers by five years, helping Ford, GM, and others reduce costs from Trump's import duties on auto parts and vehicles.
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American Express Crushes Earnings with Revamped Platinum Card Success
American Express exceeds Q3 expectations with $421B in transactions as new $895 Platinum card doubles account acquisitions, proving premium credit card demand remains strong.
Deutsche Bank Upgrades Intuitive Machines: Space Stock Set to Soar
Deutsche Bank analyst upgrades Intuitive Machines to Buy with $18 price target, citing "strong catalysts" and discount to space peers. Major contracts could drive gains.
Barclays Dramatically Cuts Rating on AST SpaceMobile Despite Strong Potential
Barclays downgrades AST SpaceMobile from Overweight to Underweight, maintaining $60 price target. Stock valuation concerns overshadow promising direct-to-cellular technology prospects.
Loan Fraud and 'Cockroach' Concerns Slam Regional Bank Stocks as Credit Cracks Emerge
Shares of Zions Bancorp and Western Alliance tumbled after disclosing loan fraud tied to distressed commercial mortgages. This adds to wider concerns about asset quality, following bankruptcies like Tricolor and First Brands, and raises questions about regional lenders' risk exposure.
Oracle Shares Surge After Revealing Strong AI Infrastructure Profit Margins
Oracle shares spike 4% after revealing 30-40% margins on AI infrastructure deals with OpenAI, Meta, and xAI. Company expects cloud revenue to hit $166B by 2030.