News

Portuguese oil company Galp Energia's gasoline exports to the United States could be curtailed if U.S. President Donald Trump imposes tariffs on European goods, but the company is confident it can find alternative destinations. Executive Board member Ronald Doesburg, who is in charge of industrial assets, told Reuters on Tuesday that if U.S. demand for gasoline drops as a result of higher prices stemming from the proposed 25% tariffs, Galp will be able to deal with it.

Shares of online used car dealer Carvana (NYSE: CVNA) jumped 6.3% in the pre-market session after Morgan Stanley analysts upgraded the stock's rating from Neutral to Buy. The analysts noted that the stock's recent pullback represented a "unique opportunity to build a position."

Shares of Wynn Resorts advanced Thursday as billionaire and top stakeholder Tilman Fertitta purchased more shares.

Cathie Wood is bullish on a low cost Tesla model, as well as the company's coming robotaxi project due to launch this year.

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation. The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9, the fourth straight monthly decline and its lowest reading since January of 2021. The reading was short of analysts expectations for a reading of 94.5, according to a survey by FactSet.

KB Home shares slumped Tuesday, a day after the homebuilder posted worse-than-expected results and cut its guidance as hesitancy by potential buyers reduced demand.

Shares of Oklo fell Tuesday morning after the nuclear energy startup reported its latest financial results, giving back some of the stock's Monday gains.