To The Moon

President Donald Trump told reporters in the Oval Office on Friday afternoon that tariffs on car imports to the U.S. would start "maybe around April 2." He added that he decided not to start them on April 1 because, "I'm a little suspicious," referring to April Fools' Day.Trump didn't specify which car imports would be affected. Mexico, Japan, Canada, and South Korea import the most cars to the United States. Millions of cars sold in the U.S. each year are assembled in Mexico and Canada alone.Ford CEO Jim Farley said earlier this month that tariffs "would have a huge impact on our industry with billions of dollars of industry profits wiped out.". On Monday, Trump signed an executive order imposing 25% tariffs on imports of steel and aluminum, causing shares of car makers General Motors, Ford, and Tesla to fall. Because auto makers use some imported metals to make their cars, the tariffs could lead to higher car prices for consumers. Those tariffs will take effect on March 12.Shares of

Palantir already soared more than 300% last year for the best performance in the S&P 500.The company’s earnings are climbing thanks to the technology it’s built over time -- as well as its presence today in the high-growth area of artificial intelligence .

BofA Securities analyst Wamsi Mohan maintained a Buy rating on Apple Inc with a price target of $265.The rerating reflects a strong iPhone upgrade cycle in fiscals 2025, 2026 driven by the need for the latest hardware to enable Gen AI features, higher growth in Services revenue, and higher margins from more internally developed silicon.Over the weekend, the U.S. imposed a 10% tariff on China imports.Also Read: Booz Allen Q3 Earnings: Revenue And EPS Beat, Dividend Hike, Raises FY25 Outlook as Backlog Hits $39.4 Billion. Mohan analyzed the earnings impact if tariffs do impact Apple and Apple maintains existing pricing in the U.S. rather than raises prices. Either way, Mohan noted a limited impact on earnings. President Trump and the Republican administration may be more inclined to resolve Google and Apple’s cases against the DOJ favorably and push European counterparts for less regulation related to DMA.Apple can manufacture most iPhone models in India. As the new tariff kicks on impo

Even though CEO Elon Musk is in Trump’s inner circle, Tesla CFO Vaibhav Taneja said Wednesday that the EV maker could be affected by tariffs imposed by Trump.Just because Elon Musk is Donald Trump’s self-designated “first buddy” doesn’t mean his EV company won’t be hurt by the President's policies, according to Tesla’s CFO.Chief financial officer Vaibhav Taneja said on the company’s fourth quarter earnings call Wednesday that Trump’s tariff policies could be especially damaging.“Over the years, we've tried to localize our supply chain in every market, but we are still very reliant on parts from across the world for all our businesses. Therefore, the imposition of tariffs, which is very likely, will have an impact on our business and profitability,” he said.“I see a path. I'm not saying it's an easy path but I see a path of Tesla being the most valuable company in the world by far,” he said on Wednesday’s earnings call.