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Kit Norton

Business Reporter at Investor's Business Daily

Business Reporter covering Tesla and Energy @IBDInvestors prev: state politics and Congress for @vtdigger

Articles

  • 1 week ago | investors.com | Kit Norton

    S&P 500 defense stock Northrop Grumman (NOC) earned "top pick" status on Wednesday while Lockheed Martin (LMT) was upgraded as analysts believe President Donald Trump's $1 trillion defense budget and two executive orders are "improving the backdrop for U.S. defense" stocks. Morgan Stanley analyst Kristine Liwag on Wednesday upgraded the defense sector view from "in-line" to "attractive." Within the industry,…

  • 1 week ago | investors.com | Kit Norton

    Tesla (TSLA) has reportedly halted shipments of Chinese parts for the Cybercab, or robotaxi, and the Tesla Semi, the EV giant's long-haul trucking vehicle. The decision to stop shipments of key components, which appears due to President Donald Trump's tariffs increasing to 145%, could delay mass production of the robotaxi and Tesla Semi. Tesla stock declined early Wednesday. Reuters, citing…

  • 1 week ago | investors.com | Kit Norton

    General Motors (GM) and Ford (F) moved higher Monday after President Donald Trump told reporters he is "looking at something to help some of the car companies" when it comes to the implementation of his 25% tariff on all foreign-made vehicle imports that went into effect on April 3. Trump's tariffs are set to expand to imported automotive parts in early…

  • 1 week ago | investors.com | Kit Norton

    United Airlines (UAL) earnings are due late Tuesday, with investors keen on industry commentary. The S&P 500 component's financials follow Delta Air Lines (DAL), which announced last week that "growth has largely stalled" amid global uncertainty around global trade and plans to reduce capacity growth to align supply with demand. Analysts predict United Airlines to see Q1 earnings of 74…

  • 1 week ago | investors.com | Kit Norton

    MP Materials (MP) stock soared more than 10% early Monday amid reports that President Donald Trump will soon announce an executive order allowing the U.S. to stockpile critical rare earth minerals and metals mined from the Pacific Ocean floor. That comes as China curbs rare earth exports. The Financial Times reported Saturday that Trump's executive order will mean the U.S.…

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Kit Norton
Kit Norton @KitNorton
14 Feb 25

RT @MGanzman: DeepSeek’s disruption rocked AI power generation stocks. Here’s how investors should assess the threat. Check out my new vide…

Kit Norton
Kit Norton @KitNorton
12 Jul 24

The potential energy demand for AI and data centers is putting a lot of "wind in the nuclear industry's sails." But as Big Tech bets on nukes, could it be "too little, too late" to manage the massive power demand this decade? https://t.co/iAXBZSTOg5

Kit Norton
Kit Norton @KitNorton
21 Jul 21

A great colleague in every sense of the word.

Xander Landen
Xander Landen @xanderlanden

After more than three years at @vtdigger, my last day was earlier this month. I'm so grateful for my time at Digger, the opportunity to cover the Vermont Statehouse/ #vtpoli and to have worked for a news organization that is so important for the state.