Rivian slashes annual deliveries forecast as US tariffs seen hitting demand “About the impact of tariffs, it’s a couple of thousand dollars of cost that we’re going to see on a per vehicle basis,” CEO RJ Scaringe told Reuters.The company said it now expects to hand over between 40,000 and 46,000 units this year, down from its earlier projection of between 46,000 and 51,000 vehicles.W … Read More >>
Super Micro cuts annual revenue forecast; shares fall Shares of the company fell 5.4% in extended trading.The company now expects 2025 revenue to be in the range of $21.8 billion to $22.6 billion, down from its previous forecast of $23.5 billion to $25.0 billion.The company reported its preliminary results last week. (Reporting by Priyanka.G in Bengaluru; Editin … Read More >>
DOGE Cuts Just Gutted Your Retirement [sponsor] As head of DOGE , Elon Musk is gutting Social Security from the inside out… calling it “the biggest Ponzi scheme of all time.” And now, thousands of employees have been fired. Field offices are shutting down. And the checks? Delayed. Reduced. At risk. That’s why I’ve created a private income strategy that Washington can’t touch. It’s backed by a Trump-approved $500 billion initiative—and I believe it could pay you up to $4,290/month, starting in just days. It’s called “AI Royalties,” and I explain everything in this urgent video. Click here to watch before the payout window closes.
Lucid sticks to annual production forecast even as tariff woes hit automakers Demand for pure battery cars in the U.S. has been slowing as consumers, hit with high interest rates and recession worries, gravitate toward cheaper hybrids.Lucid lowered the prices of its vehicles and offered incentives, including cheaper financing, to entice customers to its Air sedans that start at about $ … Read More >>
Mosaic beats first-quarter profit estimates The results come as the agrichemical industry braces for potential fallout from U.S. President Donald Trump’s sweeping tariffs on most imports, which are expected to lower demand and curb farmers’ spending.Mosaic’s fertilizer business in South America reported net sales of $934 million in the first quarter, u … Read More >>
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