Posts with tag: travel
Rivian opens orders for commercial vans beyond Amazon, a potentially lucrative move for the EV maker. The vans come in two sizes, starting at $79,900. The commercial delivery van business is expected to nearly double over the next decade, with the electrified sector projected to reach $50 billion. Rivian joins Ford and Mercedes in seeing the e-commerce logistics market as significant for van offerings.
Published on: February 10, 2025, 05:00 PM UTC
**Meta Description:** Despite the looming threat of tariffs, the stock market continues to trade near record highs. Experts believe this is due to the market betting that tariffs will be short-lived or less impactful than feared. However, analysts warn that tariffs could significantly impact earnings, potentially leading to a downward revision in stock prices. Nevertheless, the long-term outlook for the stock market remains favorable, as earnings are expected to continue growing due to strong consumer demand and business investment. The key is to monitor economic data closely and be prepared for any potential risks or uncertainties.
Published on: February 10, 2025, 04:03 PM UTC
Nvidia's stock is down 1% this year, lagging the major US indexes. Analysts cite concerns about DeepSeek, Amazon's AI chip partnership, and custom chip delays as reasons for the weakness. Despite these concerns, analysts remain bullish on Nvidia, citing its strong software ecosystem and leadership in AI.
Published on: February 10, 2025, 04:02 PM UTC
US stocks rose Monday, led by steelmakers, as investors bet on a rebound from recent losses after President Trump announced tariffs on steel and aluminum imports. The Dow Jones Industrial Average gained 0.3%, the S&P 500 rose 0.7%, and the Nasdaq Composite added 1.2%.
Published on: February 10, 2025, 04:02 PM UTC
Trade tensions between the US and other countries are rising as President Trump announces new tariffs on steel and aluminum, and threatens reciprocal tariffs on other goods. The uncertainty is causing concern for importers, CEOs, and foreign leaders, as the full impact of these measures is still unclear.
Published on: February 10, 2025, 03:01 PM UTC
US stocks climbed on Monday as steel and aluminum companies jumped on the trade news. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all rose.
Published on: February 10, 2025, 03:01 PM UTC
Mortgage repayments are set to double for millions of homeowners as fixed-rate deals end. Find out how rising interest rates will affect you and what you can do to prepare.
Published on: February 10, 2025, 02:04 PM UTC
Big Tech executives react to the rise of Chinese AI startup DeepSeek and its potential impact on the industry. From defensive to excited, reactions vary, but all agree AI costs will eventually come down.
Published on: February 10, 2025, 02:03 PM UTC
Donald Trump's trade moves this week could include tariffs on steel and aluminum, reciprocal tariffs to balance trade deficits, and ongoing trade disputes with China, Canada, and Mexico.
Published on: February 10, 2025, 02:01 PM UTC
JPMorgan Chase under fire for diversity policies as activist Robby Starbuck targets company's DEI initiatives. Amid wider criticism of corporate DEI efforts, JPMorgan CEO Jamie Dimon defends the company's policies.
Published on: February 10, 2025, 01:03 PM UTC