Reported about 10 hours ago
During the first quarter earnings season, numerous companies such as Tesla, Walmart, and Delta have retracted their forecasts, citing the adverse effects of tariffs on their business outlooks. Tesla's CEO noted the challenges posed by tariffs on profit margins, while GE Vernova and Norfolk Southern acknowledged rising costs and uncertainties associated with tariffs. This trend highlights the overarching theme of uncertainty impacting corporate decision-making amid fluctuating market conditions.
Source: YAHOO