News

Shares of Winnebago Industries surged Thursday after the maker of recreational vehicles posted quarterly results that topped analysts' estimates.

(Bloomberg) -- An election promise by Canada’s Conservative Party that would allow individuals to avoid income taxes on some investments in domestic companies is being lauded in Toronto’s financial district.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?How SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesAffordable Housing Developers Stalled by Blocked Fede

Shares of U.S. and international automakers tumbled on Thursday after President Trump declared a 25% tariff on imported vehicles and, eventually, auto parts.

"Tesla would be less exposed to tariffs as their production and assembly is all in the US."

Advanced Micro Devices shares lost ground Thursday as Jefferies analysts downgraded the stock, saying they expect the performance gap between AMD's latest products and Nvidia's to widen.

Ferrari may not be immune to Trump tariffs.

Jefferies missed quarterly earnings and revenue estimates as it faced "challenging" capital market conditions.