• Mar 27, 2025

Why Bausch + Lomb (BLCO) Stock Is Nosediving

Shares of eyecare company Bausch + Lomb (NYSE:BLCO) fell 10.6% in the afternoon session after the company announced the voluntary recall of intraocular lenses on its enVista platform. The recall was due to the reports of toxic anterior segment syndrome (TASS, a potential complication in any cataract surgery). The recall may raise short-term concerns regarding product safety and regulatory scrutiny. Though the company emphasized that the reported cases of TASS involved only an extremely small fra

  • Mar 27, 2025

Avis Budget Group (CAR) Stock Trades Up, Here Is Why

Shares of car rental services provider Avis (NASDAQ:CAR) jumped 21.1% in the afternoon session after shares of car rental companies rose as the 25% tariffs announced by President Trump on all vehicles imported into the US suggested new vehicles might be more expensive.

  • Mar 27, 2025

Why 3D Systems (DDD) Stock Is Falling Today

Shares of 3D printing company 3D Systems (NYSE:DDD) fell 19.9% in the afternoon session after the company reported weak fourth-quarter 2024 results, which missed across the key metrics we track, including sales, operating income, and earnings. The major highlight for the quarter was the steep 21% drop in Healthcare revenue, largely tied to a change in accounting in its Regenerative Medicine program, which masked positive momentum in other areas.

  • Mar 27, 2025

Petco (WOOF) Stock Trades Up, Here Is Why

Shares of pet-focused retailer Petco (NASDAQ:WOOF) jumped 35.1% in the morning session after the company reported impressive fourth quarter 2024 results. Sales were in line with expectations, while EBITDA came in significantly ahead.

  • Mar 27, 2025

Why Sensata Technologies (ST) Stock Is Down Today

Shares of sensor manufacturer Sensata Technology (NYSE:ST) fell 7.2% in the afternoon session after semiconductor stocks with significant exposure to the auto sector fell after US President Donald Trump announced a 25% tariff on all vehicles imported into the United States. The move raised concerns about a potential slowdown in global auto production, which would likely dampen demand for semiconductors used in automotive manufacturing.

  • Mar 27, 2025

Car Makers Trail US High-Grade Market With Levies Set to Hit

(Bloomberg) -- Automakers’ bonds weakened in US debt markets on Thursday after President Donald Trump slapped 25% tariffs on car imports and warned of a broader trade war ahead.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 Federal FundsRisk premiums, or the

  • Mar 27, 2025

Tesla’s $14 Billion Rally Eclipses a Rout in Other Auto Stocks

(Bloomberg) -- As shares of Elon Musk’s Tesla Inc. rally on Thursday, the jump in the size of the company dwarfed the decline in the value of its US rivals as the stocks responded to President Donald Trump’s latest tariff announcements. 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 Deve

  • Mar 27, 2025

Trump's auto tariffs complicate Fed's deliberations on rates

(Reuters) -President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but doing little to settle the debate about how policies of his two-month-old administration will affect the U.S. economy. With more tariff announcements looming next week, Federal Reserve policymakers remain in a holding pattern on interest rates. With surveys showing signs of economic trepidation and a drop in confidence, central bankers are watching to see if this spills into "hard" data like the still-low unemployment rate.