Electricity demand should prove resilient even if President Donald Trump’s trade war triggers a recession, according to Morgan Stanley. “We believe power demand trends are more durable than in prior cycles, in part due to the inelasticity of data center demand,” analysts led by Andrew Percoco told clients in a Monday note. “Industrial demand could decline in the near term, but reshoring of manufacturing is a long-term tailwind.” Wall Street’s bullish outlook for power demand has been a key pillar of the investment case for many energy stocks over the past 12 months. Morgan Stanley, for example, sees electricity consumption…
Author: usaeverydaylife
‘Fast Money’ traders talk market volatility renewed following comments from Fed Chair Powell. Source link
The logo on a new Ford vehicle for sale at a Ford dealership in Thousand Oaks, California, US, on Friday, April 11, 2025. Jill Connelly | Bloomberg | Getty ImagesFord Motor may raise prices on its new vehicles if President Donald Trump’s auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters.The Dearborn, Michigan, automaker offered deep discounts across its lineup starting earlier this month through June 2. The program will continue, but pricing on new models produced in May and beyond may change, the memo said.Automotive News first reported news of the memo.”Customers will have a lot of choices, and we have plenty…
Despite the dollar’s slide to a multiyear low, Piper Sandler says it is still confident on the currency. The dollar index , which measures the greenback against a basket of major currencies, fell last week to its lowest point since April 2022 amid heightened uncertainty from President Donald Trump’s tariffs. Since the start of the month, the yen and the euro have each strengthened more than 4% relative to the dollar. .DXY 5D mountain Dollar index over the last 5 days Although the dollar is typically viewed as a safe-haven asset — meaning it usually appreciates amid heightened volatility —…
Investors have flocked to consumer staples stocks in search of safety as volatility shakes the market, but Bank of America said there are other defensive sectors worth consideration. President Donald Trump’s raft of “reciprocal” tariffs announced on April 2 have weighed on stocks, with the S & P 500 down about 7% since then. The shake-up of U.S. trade policy has also fueled concern over a looming recession . Investors have fled to consumer staples stocks in search of stability, a typical move during periods of macroeconomic uncertainty. Consider that Coca-Cola and Costco have advanced 15% and 5.6% in 2025,…
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023.Adam Jeffery | CNBCBill Ackman’s Pershing Square took a sizable stake in Hertz, the rental-car company that exited from bankruptcy four years ago, sparking a big rally. Shares of Hertz surged 56% on Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024. Pershing has significantly increased the position — to 19.8% — through shares and swaps, becoming Hertz’ second largest shareholder, a person familiar with the matter told CNBC’s Scott Wapner.Stock Chart IconStock…
Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, Feb. 10, 2025. Gonzalo Fuentes | ReutersScale AI is working with Qatar to develop artificial intelligence tools for education, civil service, contact centers, tourism, health care and transportation in the Middle Eastern nation, according to a list viewed by CNBC.The five-year deal will include creating an AI personalized learning platform and AI teacher assistant for some schools within the country. But the details could change.Scale AI, which provides training data…
The VanEck Gold Miners ETF (GDX) is having another strong session today, continuing its impressive year-to-date move. It’s now up a whopping 52% in 2025. On the long-term monthly chart, GDX has continued to extend from this major bullish inverse head-and-shoulders pattern, which it first broke out from in March. As the chart shows, if GDX continues to hold above the breakout zone near the 44 level, the measured move target near 64 will remain in play. And if that were to happen, this would place GDX within striking distance of its all-time highs from early 2011. As is clear on…
“Fast Money” trader Tim Seymour wants to help investors avoid common money traps that could leave them exposed to losses, particularly in a volatile market.So, he’s out with a shortlist of four tips to deliver some peace of mind when things are going south.Tip No. 1: Don’t have more money in the market than you can stomach.Whether it is margin calls or anxiety about losing money you can’t afford to lose, bad decisions are often made during desperation.Tip No. 2: Don’t hope that you get back to breakeven.If you’re only holding a long position because you don’t want to lose…
FILE PHOTO: The American flag flutters at a Nissan automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | ReutersNissan Motor’s new Americas leader said the automaker is aiming to “max out” production at its largest American production plant amid President Donald Trump’s 25% auto tariffs.Christian Meunier, who started as chairman of Nissan Americas in January, said the tariffs are accelerating already needed plans for the automaker to increase domestic production to assist in a turnaround of its embattled U.S. operations.”We have big facilities, big capacities and today we don’t have max capacity. We still have more room to…
