Al Root

2 weeks ago | barrons.com | Al Root |Anita Hamilton

President Donald Trump has good, but not great, news for car makers, and car buyers. More tariff certainty is positive, but headwinds remain. The president is modifying his policy on auto tariffs as part of his plan to bring domestic manufacturing back, senior Commerce Department officials said on Tuesday. Trump is expected to formally unveil the modifications in an executive order he plans to sign later this afternoon.

2 weeks ago | barrons.com | Al Root |George Glover

United Parcel Service earnings were a relief for investors. Still, they would like more clarity amid ongoing tariff uncertainty. One thing that is certain—big layoffs are coming.

2 weeks ago | barrons.com | Adam Clark |Al Root

SpaceX has some new competition. Amazon.com finally has the first of its Project Kuiper satellites in space . Now, it just needs to spend several years and billions of dollars launching thousands more as it seeks to catch up with Elon Musk’s Starlink service. Monday, United Launch Alliance, the 50/50 space launch joint venture between Boeing and Lockheed Martin, successfully launched Amazon.com’s first operational satellites.

2 weeks ago | barrons.com | Al Root |George Glover

United Parcel Service earnings were a relief for investors. Still, they would like more clarity amid ongoing tariff uncertainty. The uncertainty is starting to impact financial reporting—and employment at the company. Tuesday morning, UPS reported adjusted first-quarter earnings per share of $1.49 on sales of $21.5 billion. Wall Street was looking for earnings per share of $1.38 on revenue of $21 billion, according to a FactSet poll.

3 weeks ago | barrons.com | Al Root |Karishma Vanjani

RTX stock fell in premarket trading Tuesday after the aerospace and defense company’s sales outlook missed Wall Street forecasts. First-quarter earnings were better than expected. RTX reported first-quarter adjusted earnings per share of $1.47 from sales of $20.3 billion. Wall Street was looking for profit of $1.35 a share and sales of $19.8 billion. RTX reported earnings of $1.34 a share from sales of $19.3 billion in the first quarter of 2024. Shares fell 4.5% to $120.50.