News

Amid uncertain demand, capacity continues to exit. The post Is a freight market turn coming in May? appeared first on FreightWaves.

While the Official Trump (Trump) token lags behind trying to recover from its sharp drop, Dogecoin, SHIB, and PEPE rally as Bitcoin recovers.

The ultrawealthy view the current market instability as a moment of recalibration.

As bond yields have edged down from January highs, the 30-year mortgage rate has steadily dipped, logging six straight weeks of declines.

(Bloomberg) -- Brazil’s Luiz Inacio Lula da Silva has weathered financial crises, corruption scandals and even a coup attempt. But now it’s the soaring cost of food that’s posing the biggest hazard for his presidency.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsInside the ‘Not Archite

While other tech stocks rallied, Apple shares slid Wednesday, extending a string of recent losses amid concerns over delayed Siri features and the impact of tariffs.

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 8.8% in the morning session after President Trump said he would be buying a Tesla (vehicle), which could be interpreted as a show of support for CEO Elon Musk, who had played an active role in the administration's Department of Government Efficiency. Musk followed up by saying Tesla planned to double its production output in the United States within two years.

Shares of concrete and waste management company Concrete Pumping (NASDAQ:BBCP) fell 17.4% in the morning session after the company reported weak fourth-quarter 2024 (fiscal Q1 2025) results: Its full-year EBITDA guidance missed significantly and its sales, adjusted EBITDA, and EPS fell short of Wall Street's estimates.

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 7% in the pre-market session after the company revealed new commercial customers, including Walgreens Boots Alliance and Heineken. This signals that Palantir's commercial business is gaining traction beyond its traditional government contracts. Signing up major names like Walgreens Boots Alliance and Heineken highlights a shift that could help diversify its revenue streams.

Shares of experiential tourism company Pursuit Attractions and Hospitality (NYSE:PRSU) jumped 6.5% in the pre-market session after the company reported strong fourth-quarter 2024 results, which blew past analysts' sales, earnings, and EBITDA expectations. In addition, its full-year EBITDA guidance outperformed Wall Street's estimates by a wide margin.