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Trans Mountain to See Increased Shipping Interest if U.S. Tariffs Imposed

Trans Mountain pipeline expects increased demand if US imposes tariffs on Canadian oil imports. The pipeline currently operates at 80% capacity, with 20% available for spot shipping. Trans Mountain anticipates more interest in shipping on its system due to tariffs, but it's too early to predict volumes. Deliveries to Asia are also expected to increase, and the company is exploring ways to improve throughput efficiency and capacity of the expanded system.

Atkore Stock Plummets 20% on Weak Q4 Results

Shares of electrical safety company Atkore (ATKR) fell 19.3% following weak fourth quarter results. Its full-year EBITDA guidance missed significantly, and its revenue fell short of estimates. Despite beating EPS expectations, the overall quarter was weaker. Access our full analysis for free.

Markets Tumble on Trump Tariffs

Investors were surprised by President Trump's tariffs on Canada, Mexico, and China, leading to an early market sell-off. The tech-heavy Nasdaq Composite (^IXIC) fell about 1%, the S&P 500 (^GSPC) lost 0.8%, and the Dow Jones Industrial Average (^DJI) dropped 0.4%. Investors are now reassessing the potential risks of tariffs, with some analysts predicting a near-term downside of 5% for the S&P 500 if the tariffs are sustained.

New Accounting Rule Gives Tesla $600M Bitcoin Profit, But MicroStrategy Faces Tax Bill

FASB rule change helps Tesla book $600m bitcoin profit, but MicroStrategy faces tax risk due to unrealized gains.

Apple Crushes Earnings, But iPhone, China Sales Miss; Stock Gains 4%

Apple Q1 earnings top estimates, but iPhone revenue falls short; Greater China sales disappoint

US Stocks Resist as Investors Process Tech Earnings, Watch for Apple Results

U.S. stocks gained momentum on Thursday afternoon as investors digested megacap tech earnings and awaited Apple (AAPL) results for more clues on prospects for Big Tech. The S&P 500 (^GSPC) rose 0.25%, while the Dow Jones Industrial Average (^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite (^IXIC) was up nearly 0.3%.

Chevron's Q4 Profit Falls Short of Wall Street's Expectations

Chevron reports lower-than-expected fourth-quarter earnings but beats revenue estimates.

Bitcoin Extends Gain on Powell’s Crypto Regulation Comments

Bitcoin rises after Fed meeting, with Chair Powell's crypto comments seen as supportive

Asian Stocks Rise as Wall Street Bounces Back After Tech Rebound

Asian stocks avanece on thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded.

US AI Dominance in Jeopardy as China's DeepSeek Raises Concerns

The Nasdaq and S&P 500 sank Monday as Chinese startup DeepSeek's AI assistant challenges US dominance and profitability in AI, wiping out a record $589 billion in Nvidia's market value.