• Mar 05, 2025

Adidas CEO says further tariffs would lift inflation and dent volumes

Further U.S. tariffs on imports would cause prices to rise and consumers to buy fewer products, Adidas chief executive officer Bjorn Gulden said on Wednesday as the business navigates higher levies implemented by President Donald Trump's administration on China, Canada, and Mexico. Adidas has not estimated the potential impact of U.S. tariffs on Vietnam, its top manufacturing country, which President Donald Trump has threatened with higher levies, Gulden said.

  • Mar 05, 2025

Traders See Wild S&P 500 Swings After Trump Address to Congress

(Bloomberg) -- US stocks have been on a wild ride this week, and options traders expect more of that to come as traders assess the latest tariff developments and brace for Friday’s monthly jobs report.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Lon

  • Mar 04, 2025

Chinese Stocks Break NPC Jinx With Bold Growth Goal, Tech Rally

(Bloomberg) -- Chinese stocks climbed on Wednesday, with technology names driving the gain after Beijing vowed more support for the sector and set an ambitious economic growth target as the nation’s most important annual political gathering got underway.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’Remembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Yea

  • Mar 04, 2025

3 Reasons to Avoid MTRX and 1 Stock to Buy Instead

Matrix Service’s 25.9% return over the past six months has outpaced the S&P 500 by 20.3%, and its stock price has climbed to $11.86 per share. This run-up might have investors contemplating their next move.