Trump Sparks Confusion with New 25% Tariff on…
In another twist in the US-Canada trade dispute, US President Donald Trump has imposed a steep 25% tariff on Canadian steel and aluminum, whipping up a market frenzy just a week after delaying broader tariffs by a month. Analysts say the pause doesn’t get Canada off the hook, and the risk remains of economic fallout […]
Ex-CFPB Chief Sounds Alarm on Elon Musk’s DOGE
Former CFPB Leader Raises Red Flags on Elon Musk’s DOGE The Consumer Financial Protection Bureau’s HQ was shut down on Sunday. Elon Musk, head of the Department of Government Efficiency, wants to eliminate the agency. The first director of CFPB told BI that Musk’s calls to dismantle the bureau are “totally unethical.” The first director […]
Trump Fuels Uncertainty, Hints at 25% Tariff on…
In another twist in the US-Canada trade dispute, US President Donald Trump said he plans to impose a 25% tariff on Canadian steel and aluminum, just a week after broader tariffs were delayed by a month. While that delay offers a reprieve, the lingering policy uncertainty creates an unwelcome headwind for an underperforming economy. Analysts […]
India Poised to Initiate New Oil and Gas Auction Rounds
India Set to Launch New Oil and Gas Bid Rounds India plans to launch new oil and gas licensing rounds as early as this week, Oil Minister Hardeep Puri said on Monday, as the world’s third-largest crude oil importer looks to boost its domestic hydrocarbon supply. Puri also said that energy will likely be a […]
After Earnings: Should You Buy, Sell, or Hold Tesla Stock?
Tesla TSLA reported its fourth-quarter earnings on Jan. 29. Here is Morningstar’s take on Tesla’s results and the outlook for the stock. Tesla shares were up 4% in after-hours trading as management reported progress in its autonomous driving software and maintained the timeline for launching more affordable vehicles later this year. Why it matters: Tesla […]
After Earnings: Should You Buy, Sell, or Hold Microsoft Stock?
Microsoft MSFT released its fiscal second-quarter earnings report on Jan. 29. Here’s Morningstar’s take on Microsoft’s earnings and stock. We are maintaining our fair value estimate for wide-moat Microsoft at $490 per share after the firm reported good results, with guidance between our expectations and slightly light. The outlook generally offsets quarterly performance, which holds […]
Eliminating ‘Forever Chemicals’: Our Breakthrough in Destroying PFAS in Batteries
Taking the ‘forever’ out of ‘forever chemicals’: we worked out how to destroy the PFAS in batteries In many communities, the recycling process is a vital yet often misunderstood part of waste management. Facilities designed to process materials like paper, plastics, and metals face significant challenges, particularly from the increasing prevalence of lithium-ion batteries among […]
Astounding Interest Rate Forecast Ahead of Key RBA Decision: 93% Confidence
Incredible interest rates prediction ahead of major RBA decision: 93 per cent certain RBA Governor Michele Bullock will reveal what will happen with interest rates on February 18. (Source: Getty) Money markets are almost completely sure next week will see the Reserve Bank of Australia (RBA) cut interest rates. After sitting at 4.35 per cent […]
Harnessing Oil and Gas: Canada’s ‘Trump Card’ in a Trade War
Leveraging oil and gas could be Canada’s ‘trump card’ in a tariff war “The fentanyl issue is just a smokescreen for what is a long term goal of reshoring American jobs and reshoring American investment, and stirring up the shitstorm of uncertainty for investors, ”says the research chair in Canada-U.S. relations at St. Francis Xavier University. […]
Amazon Earnings: Increasing Fair Value Following Robust Q4 Performance
We are raising our fair value estimate for wide-moat Amazon AMZN to $240 per share from $200 after the company reported strong fourth-quarter results. The firm’s first-quarter outlook was slightly better than we expected, despite including more than $2 billion of incremental currency pressure on revenue. Additionally, given the early returns on the profitability front […]