Paul Jackson

GM, Ford Q1 Sales Drop as Affordability Pressure Builds

What Happened Ford opened 2026 with a weak first quarter, reporting 457,315 U.S. vehicle sales, down 8.8% from a year earlier. That followed a soft quarter from GM, which reported 626,429 U.S. deliveries, down 9.7%. Both companies said the comparison

Drone Strikes Hit Russia’s Primorsk Oil Terminal

Primorsk Takes A Direct Hit Russia’s Baltic Sea port of Primorsk, one of its largest oil export gateways, lost at least 40% of its storage facilities after Ukrainian drone attacks last month, satellite images showed. The damage matters because the terminal is built

Tesla Q1 Deliveries Miss as Incentives Fade

Tesla (TSLA) opened 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and tougher global competition continued to pressure its core electric vehicle business. The stock fell more than 4% after the update, extending

REalloys, U.S. Critical Materials Sign Rare Earth MoU

Domestic Supply Chain Push Takes Another Step Rare earths developers REalloys (ALOY.O) and U.S. Critical Materials have signed a memorandum of understanding to build a fully domestic supply chain for key materials in the U.S. The agreement fits into Washington’s broader effort to reduce

U.S. Manufacturing Picks Up as Input Costs Jump

U.S. manufacturing activity improved in March, but the details pointed to a more complicated picture for factories and inflation. The Institute for Supply Management said its manufacturing PMI edged up to 52.7 from 52.4 in February. That marked the third straight month above 50, the line

U.S. Crude Stocks Rise As Fuel Inventories Fall

Crude Builds, Fuel Stocks Tighten U.S. crude inventories rose sharply last week, while gasoline and distillate stocks fell as export demand strengthened. The Energy Information Administration said crude stockpiles climbed to their highest level since June 2023, adding pressure to oil prices.

Nvidia Invests $2B in Marvell for AI Networking Tie-Up

What Happened Nvidia (NVDA) invested $2 billion in Marvell Technology (MRVL) as the two companies launch a partnership aimed at making it easier for customers to deploy custom AI chips alongside Nvidia’s networking gear and central processors. In market reaction on Tuesday, Marvell shares rose about 7%, while Nvidia shares were up

US Job Openings Fall in February as Hiring Slows

What The February JOLTS Report Showed U.S. job openings fell more than expected in February, and hiring cooled sharply, pointing to a labor market that is losing momentum rather than re-accelerating. The update came from the Job Openings and Labor Turnover

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