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Ford Puts a Number on Its Profit Hit From Trump's Tariffs and Halts Guidance
Microsoft, Berkshire Hathaway, Apple, Netflix, Palantir, Skechers: Biggest Movers
Ford Motor (F.US) Q1 performance exceeded expectations but withdrew the full-year profit guidance, warning that tariffs will lead to a loss of 1.5 billion dollars.
Although Ford Motor reported better-than-expected performance for the first quarter of 2025, the company announced the withdrawal of its annual profit guidance and expects that the tariff measures of President Trump will result in a reduction of about 1.5 billion USD in its adjusted EBIT for 2025.
Stocks to Watch: Ford, Palantir Technologies, Hims & Hers Health, Jeld-Wen
Overnight U.S. stocks | S&P 500 ends nine consecutive gains, Crude Oil hits a three-year low, Buffett announces retirement.
On Monday, the three major U.S. stock market Indices fell.
Research Alert: F: Q1 Ahead Of Consensus; Ford Suspends 2025 Guidance