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General Motors stock fell roughly 9% Thursday after President Donald Trump announced new tariffs on auto imports. The divergence from shares of other automakers stems from the amount of vehicles that GM imports, and its exposure to Mexico in particular.
Dan Ives, senior equity research analyst at Wedbush Securities, says auto tariffs unveiled by President Donald Trump would be a "gut punch" to Detroit as he examines the potential impact on General Motors, Ford, and Stellantis, as well as Tesla.
Stock futures were mostly higher Thursday even as President Donald Trump slapped 25% tariffs on all cars made outside of the United States, leading to worries over what the trade war will mean to the U.S. and global economies.
Tesla TSLA-5.58% stock was falling in early trading on Thursday—which looks set to be a bad day for the autos sector.
President Donald Trump said he would place 25% tariffs on all cars made outside of the U.S., a much wider net than auto makers had expected. The levies will go into effect on April 2.
WASHINGTON, March 26, 2025 (GLOBE NEWSWIRE) -- More than two-thirds of general counsel have expressed interest in using generative artificial intelligence within the legal department, according to part two of The General Counsel Report 2025 from FTI Consulting, Inc. (NYSE: FCN) and global legal technology company Relativity. Alongside growing interest in AI within legal, approximately 65% of legal departments plan to invest in new technology in the year ahead, and 30% of that group have generative AI on their list for upcoming implementations.
PORTLAND, Ore. , March 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m.
SOUTHPORT, Conn.--(BUSINESS WIRE)--Main Street Sports Group, owner of FanDuel Sports Network, today announced that Jo Sauer will join its senior leadership team, serving as General Counsel, effective April 7. As General Counsel, Ms. Sauer will partner with business leaders across the organization to help shape and execute FanDuel Sports Network's legal, business, and operational strategies. She will oversee the network's legal team, providing corporate governance and counsel on all legal matter.
ATLANTA, March 25, 2025 (GLOBE NEWSWIRE) -- Alzamend Neuro, Inc. (Nasdaq: ALZN) (“Alzamend”), a clinical-stage biopharmaceutical company focused on developing novel products for the treatment of Alzheimer's disease (“Alzheimer's”), bipolar disorder (“BD”), major depressive disorder (“MDD”) and post-traumatic stress disorder (“PTSD”), today announced its plans to initiate a highly anticipated phase II clinical study of AL001 for treatment of patients with Alzheimer's in the fourth quarter of 2025. This study follows the successful completion of a head coil by Tesla Dynamic Coils BV, a key component of the clinical trial.
The shareholders of Husqvarna AB (publ) are hereby invited to participate in the 2025 Annual General Meeting ("AGM"), which will be held on Tuesday, April 29, 2025, at the Jönköping Concert & Congress Hall at Elmia, Hammarskjöld Hall, Elmiavägen 15 in Jönköping, Sweden from 16:00 - 18:00 (CET). STOCKHOLM , March 25, 2025 /PRNewswire/ -- Jönköping Concert & Congress entrance opens for entry at 15:00 and the AGM starts at 16:00.