Mercedes-Benz Quarterly Vehicle Sales Hit by U.S. Tariffs
Trump imposed a 25% duty on imported cars and parts entering the U.S. in early April and Mercedes said it carefully calibrated deliveries to dealerships as part of its efforts to navigate the new global tariff policies, which affected sales in the U.S. and China in particular.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
UBS Lowered its Price Target Berkshire Hathaway (BRK-B), Kept a Buy Rating
Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the 10 Best Non-Tech Stocks to Buy and Hold For 3 Years. On June 3, analyst Brian Meredith from UBS lowered its price target on Berkshire Hathaway Inc. (NYSE:BRK-B) from $606 to $591, while keeping a Buy rating on the stock. The analyst noted that the price revision reflects the conservative investment approach of Berkshire Hathaway Inc. (NYSE:BRK-B). The company's investment approach prioritizes liquidity and risk mitigation amidst volatile market conditions. However, while the analyst lowered the price target, he maintained a Buy rating due to the company's strong balance sheet and diversified investment portfolio. Brian Meredith noted that these factors are key strengths of Berkshire Hathaway Inc. (NYSE:BRK-B), which supports its long-term value. Skyscrapers with background of graphs and arrows Moreover, Qualivian Investment Partners also mentioned Berkshire Hathaway Inc. (NYSE:BRK-B) in its Q1 2025 investor letter. The fund noted the company to be among the top three contributors for the quarter. Berkshire Hathaway Inc. (NYSE:BRK-B) is a large holding company that owns and operates various businesses through its subsidiaries. While we acknowledge the potential of BRK-B as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
27 minutes ago
- Yahoo
PayPal Holdings (PYPL) Signed a Multi-Year Agreement with Big Ten and Big 12 College Sports Conferences
PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the . On June 26, PayPal Holdings, Inc. (NASDAQ:PYPL) announced signing multi-year agreements with the Big Ten and Big 12 college sports conferences. These partnerships aim to modernize how universities pay student-athletes. This follows a recent court decision allowing colleges to share revenue directly with athletes. As part of the partnership, the athletic departments can now send payments to student-athletes using PayPal. This is particularly important for student athletes as they can use these funds through PayPal to fund various activities on campus. PayPal Holdings, Inc. (NASDAQ:PYPL)'s PayPal app and Venmo are already popular with students for daily payments. This partnership will make PayPal a preferred platform for tuition fee payments as well. A consumer in a cafe paying for goods using a mobile payment app. PayPal Holdings, Inc. (NASDAQ:PYPL) provides digital financial payment platforms for consumers and merchants. While we acknowledge the potential of PYPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27 minutes ago
- Yahoo
Companies Like Pfizer Inc (PFE) are Boosting the Cannabis Light Market
Pfizer Inc. (NYSE:PFE) is one of the . On July 1, GlobalNewswire reported that the Cannabis Light Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.6% from 2025 to 2030. This is because companies like Pfizer Inc. (NYSE:PFE) have entered the industry. In 2021, Pfizer Inc. (NYSE:PFE) entered the medical cannabis sector by acquiring Arena Pharmaceuticals for $6.7 billion. The report highlighted that the industry is rapidly evolving due to increased legalization and cultivation activities around the globe. This has led to key pharmaceutical companies like Pfizer Inc. (NYSE:PFE) to forge partnerships to maximize the efficient use of cannabis using advanced lighting techniques. A medical technician wearing protective gloves and a mask mixing a biopharmaceutical solution. Pfizer Inc. (NYSE:PFE) is an international biopharmaceutical company that researches, develops, manufactures, and sells medicines and vaccines. Its products cover a wide range of health areas, including oncology, primary care, and specialty care. While we acknowledge the potential of PFE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data