Tag Archives: pullback

Exclusive | Rivian to Lay Off More Than 600 Workers Amid EV Pullback  The Wall Street Journal Rivian Cuts About 600 Jobs in Latest Setback for EV Manufacturer  Bloomberg.com Rivian plans its second layoff in two months, cutting more than 600 workers  Sherwood News Rivian to cut 4% of workforce – WSJ By Investing.com  Investing.com UK Rivian to lay off more than 600 workers …

Gold Extends Pullback from Record High for a Third Day  Bloomberg.com Gold’s frenzied rally ends with largest sell-off in over a decade  CNN Gold steadies, bitcoin plunges as debasement trade rally comes to a halt  Yahoo Finance Gold’s price is plunging. Here’s why (and what investors should do next).  CBS News Goldman’s hedging strategy for a market drawdown: Buy puts in these fundamentally weak …

GM to Take $1.6 Billion Charge on Electric Vehicle Pullback  Bloomberg.com Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion  The New York Times GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit  Ars Technica GM to take a $1.6 billion hit as tax incentives for EVs are cut and emission rules ease  ABC News – Breaking …

A Chevrolet Silverado EV and a Chevrolet Brightdrop, which is assembled in Canada, are seen on display at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2025.  Carlos Osorio | Reuters DETROIT — General Motors’ third-quarter results next week will include a $1.6 billion impact from its all-electric vehicle plans not playing out as planned.  The Detroit automaker …

Major analyst drops 5-word take on market pullback  TheStreet Tom Lee Sees ‘Powerful Tailwinds’ Despite Goverment Shutdown, Calls Current Scenario ‘The Most Hated V-Shaped Rally’  Yahoo Finance Tom Lee: Market pullback may be overdue to an extent  MSN Ethereum Bull Tom Lee Speaks for the First Time After the Big Drop  Bitcoin Sistemi Fundstrat’s Tom Lee Issues Alert To Traders, Warns Market Sell-Off May …

Gold’s status as a portfolio diversifier has come into sharper focus this week as the precious metal broke through the landmark $4,000 level. The commodity — long established as a safe-haven asset in times of turmoil — has rallied this year as investors navigate the dollar’s depreciation, geopolitical fissures and lower interest rate expectations, with central banks and retail buyers …

Bitcoin Price, Ethereum, XRP Fall. 2 Reasons for the Crypto Pullback.  Barron’s Crypto Retreats From Record Territory as Traders Take Profits  Bloomberg.com $420 Million Wiped Out In 20 Minutes — What The Inflation Shock Reveals About Bitcoin, Ethereum  Yahoo Finance Bitcoin Drops Below $115K Amid Wave of Profit-Taking  CoinDesk Bitcoin slides to $115,500 as macro data continues to dampen market sentiment  The Block Source link

Why Wall Street’s biggest bear is expecting a 14% stock-market pullback before the end of 2025  MarketWatchView Full Coverage on Google News Source link

LOUISVILLE, Ky. (AP) — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will outcompete rival models. The automaker’s top executive unveiled the new EV strategy at Ford’s Louisville Assembly Plant which, after producing gas-powered vehicles for 70 years, will be …

RFK Jr.’s vaccine pullback stokes fears of lost medical breakthroughs  Axios Fox News cheered RFK Jr. for years. Then came his MRNA vaccine announcement.  MSNBC News Former Trump surgeon general says “people are going to die” after RFK Jr. halts some mRNA vaccine research  CBS News Trump Just Shrugs as Kennedy Undermines His Vaccine Legacy  The New York Times Public health experts dismayed by …