Latest News and Media
Fortune
29 Aug 2025
Dave Novosel: Two mystery customers alone were responsible for nearly 40% of Nvidia’s quarterly revenue
Still, at least one analyst downplayed the influence of Nvidia’s mystery customers. Although its buyers’ spending could change, the demand for AI progress remains high and Nvidia’s chips are the best in the industry, said Dave Novosel, senior investment analyst for telecommunications, media, and technology at Gimme Credit.
"The concentration of revenue among such a small group of customers doesread more
AOL
28 Aug 2025
Dave Novosel: Is Microsoft Stock Still a Buy in 2025?
Despite some headwinds, Microsoft’s revenue should still be positive. “Revenue growth will likely slow from the torrid pace of last year, but the company should still deliver double-digit growth,” said Dave Novosel, chartered financial analyst (CFA) and senior investment analyst at Gimme Credit, an investment research firm.
“Looking at Microsoft from a fixed income perspective, the fundamentalsread more
IFR News
26 Aug 2025
Dave Novosel: EchoStar debt rallies on spectrum sale to AT&T
"The US$23bn in cash proceeds is almost sufficient to pay off the company’s debt, which totals nearly US$27bn," Dave Novosel, a senior analyst at research firm Gimme Credit, said on Tuesday via email.
"Bondholders of Dish/DBS and Hughes debt scheduled to mature this year and next, totaling about US$6.1bn, should be particularly excited, as EchoStar does not have the cash on hand or free cash flowread more
MSN
26 Aug 2025
Carol Levenson: Costco confirms 617 stores set to be closed for 24 hours on this date
Speaking to Mirror.com, Gimme Credit's Director of Research, Carol Levenson, provided insight into the current state of the retail industry.
Levenson shared her perspective, stating: "The recent wave of store closures is related to questions of profitability and, frankly, managements know the stock market loves these announcements. The prior wave of store closings had more to do with theread more
Dallas Business Journal
25 Aug 2025
Dave Novosel: Keurig Dr Pepper to drop $18 billion on European coffee company
The new beverage business will have about $11 billion in annual revenue, noted Dave Novosel, senior bond analyst with Gimme Credit. He said the KDP will need to take on significant leverage, although "expected synergies" for $400 million will help lower the debt load once the deal is doneread more
Benzinga
15 Aug 2025
Dave Novosel: 3 Streaming Stocks To Consider As Sports Deals Take Off
“In general, we think the upward trajectory in streaming prices will meet some resistance, particularly if the economy weakens,” said Dave Novosel, senior investment analyst, telecom, media, and technology at Gimme Credit in Orland Park, Illinois. “Yet sports are popular enough that consumers may be willing to pay up, even in a softer economic environment, which bodes well for ESPN and its newread more
Dow Jones
15 Aug 2025
Carol Levenson: Deere's Earnings Appear to Be Troughing -- Market Talk
Deere's guidance points to a third year of declines in equipment demand, but earnings appear to be bottoming out at $18 a share, Morgan Stanley analysts say in a research note. EPS is on track to be stronger than anticipated for 2025, operating income margins in its agricultural and turf divisions seem to be troughing in the mid-teen percentage range, instead of high-single-digits as seen duringread more
GO Banking Rates
15 Aug 2025
Dave Novosel: How Much More Expensive 3 Apple Products Might be Due to Trump’s Tariffs
“Apple may decide to raise prices to fully cover the tariffs, but a more likely scenario is that the company chooses to accept some lower margins as well so that revenue is not so heavily affected,” Dave Novosel, senior bond analyst at Gimme Credit, said. “These price increases could span across its portfolio of products, but not necessarily at a similar rateread more
Xtreme Radio
15 Aug 2025
Kim Noland: Red Rock Bonds Look Promising as Las Vegas Casino Market Gets Stronger
Bond analysts remain bullish on Red Rock's financial health, with Kim Noland of Gimme Credit rating the company's 2031 bonds as “outperform” with a yield-to-worst of 5.75%, supported by the strength of the Las Vegas locals market and reduced administrative costs from OBBBAread more
Investors Hangout
14 Aug 2025
Jay Cushing: Corporate Bonds Show Resilience Amid Economic Challenges
BorgWarner Sets a Strong Example
Leading the charge, BorgWarner's resilience is noted by analyst Jay Cushing, who points to the company's robust financial health. With a flexible product portfolio spanning combustion engines to electric vehicles, BorgWarner is well-positioned to manage the uncertainties brought on by tariffs and potential volume fluctuationsread more
Investors Hangout
14 Aug 2025
Dave Novosel: Corporate Bonds Show Resilience Amid Economic Challenges
Innovations Fueling Growth
Innovation remains at the forefront of corporations' success stories. Apple Inc., with analyst Dave Novosel noting a remarkable 10% revenue increase in fiscal Q3, exemplifies how technological advancements and strategic market positioning can drive significant growth. This growth trajectory, particularly within their product ranges, signifies a robust rebound in consumerread more
Investors Hangout
14 Aug 2025
Saurav Sen: Corporate Bonds Show Resilience Amid Economic Challenges
Adani Ports & SEZ's Strategic Outlook
In the context of global trade, Adani Ports & SEZ Ltd, represented by Saurav Sen, views the trade disputes with less concern. The company's operations remain largely focused on Europe and Asia, allowing it to absorb potential disruptions without significant impact on its credit metricsread more
Investors Hangout
14 Aug 2025
Mark Flanagan: Corporate Bonds Show Resilience Amid Economic Challenges
JPMorgan Chase: A Beacon of Financial Strength
Another key player, JPMorgan Chase, has demonstrated impressive progress, as described by Mark Flanagan. The bank's positive momentum heading into the latter half of the year showcases the importance of diversification, along with strong capital reserves, which serve as critical safeguards against adverse market shiftsread more
Casino.org
13 Aug 2025
Kim Noland: Red Rock Bonds Enticing on Las Vegas Casino Strength, Says Research Firm
In a new report, Gimme Credit’s Kim Noland notes vibrancy in the Las Vegas locals market — Red Rock’s point of emphasis — expansion plans, and a management accord with a California tribal casinos as being among the positive attributes supporting the outlook for the operator’s bonds.
Red Rock has a pipeline of new projects in the area along with considerable land assets. The projects are largelyread more
IFR News
12 Aug 2025
Jay Cushing: DuPont spinoff offers new name for high-yield bond investors
Qnity hit the junk bond and leverage loan markets on Tuesday with a US$4.1bn debt package that will fund the electronics unit’s spinoff from its investment-grade parent DuPont.
Ba2/BB+/BB+ rated Qnity found a welcoming audience for its first high-yield bond offering among investors hungry for fresh names given the lack of new money options in a market dominated by refinancings.
“Thatread more
Washington Examiner
8 Aug 2025
Saurav Sen: US-led tariff battle may bring emerging economies closer together
Others are perhaps more sanguine. For example, the latest BRICS summit failed to make significant progress on a BRICS currency or credible financial alternatives, according to Saurav Sen, a senior analyst of emerging markets at New York-based Gimme Credit.
“The July 2025 BRICS summit in Rio confirmed what’s been clear for a while,” Sen said. “The dream of a new financial order is running out ofread more
Bloomberg
7 Aug 2025
Alexandre Dray: Chilean Assets Set to Benefit on Return of Right: Gimme Credit
Chilean assets as poised to benefit as the probability of a more investor-friendly government increases, Gimme Credit analysts wrote in a report Thursday.
• Expect continued positive performance for Chilean assets, with equities and bonds poised to benefit
• Maintain “outperform” rating on Cencosud’s 5.95% 2031 notes on positive economic outlook in Chile
• Reaffirm “outperform” rating onread more
PaymentsDive
7 Aug 2025
Stu Novick: Shift4 faces CFO, board departures
The resignation of a board member happening in conjunction with a CFO's decision to step down is unusual, but Stu Novick, analyst for the investment service Gimme Credit, says there doesn't appear to be part of a broader company problem.
"I don't think these things are ever perceived to be great for companies that are doing well, but I also don't think there is anything bad going on there," heread more
The Wall Street Journal
6 Aug 2025
Evan Mann: Hertz Expected to Narrow 2Q Loss -- Earnings Preview
“Hertz investors also will want to see if the company's efforts to maintain a tighter and better-utilized fleet is improving profitability, and if it’s putting any constraints on revenue growth, as Gimme Credit analyst Evan Mann warned could happen in a research note from Juneread more
IFR News
4 Aug 2025
Dave Novosel: Lumen to take out expensive debt with US$2bn junk bond sale
“The offering is favorable in that it will lower its annual interest costs because of the significantly lower rate on the bonds,” Dave Novosel, a senior bond analyst at research firm Gimme Credit, said on Monday. “In addition, the deal extends the company’s maturity schedule, adding to its liquidity position.”
"Although the company added nearly US$500m in new [fiber] contracts, bringing theread more
Casino.org
4 Aug 2025
Kim Noland: Boyd Bonds in Strong Shape Following FanDuel Stake Sale
Last week, Boyd Gaming (NYSE: BYD) completed the sale of its 5% interest in FanDuel to Flutter Entertainment (NYSE: FLUT), hauling in proceeds of $1.758 billion along the way. That influx of cash will be used to reduce debt, which could boost the appeal of the regional casino operator’s remaining corporate bonds.
Boyd Gaming bonds look appealing on the company’s debt-reduction efforts andread more
Reuters
31 Jul 2025
Stu Novick: SiriusXM's quarterly profit tumbles, flags ad market weakness
"The management is still working on capital spending plans and going through the new tax act - there could be a revision to the guide after next quarter," said Stuart Novick, analyst at Gimme Creditread more
GO Banking Rates
31 Jul 2025
Evan Mann: Junk Bonds Might Be Ideal for New Investors
Unsurprisingly, with higher than usual returns often come greater risks. High-yield bonds carry a much higher level of credit risk than investment grade bonds, according to Evan Mann, senior high yield analyst at Gimme Credit.
“If a bond is held until its maturity date, there is no risk to the principal,” Mann said. However, if rates move up or down, the market price of a bond will also move upread more
FreightWaves
30 Jul 2025
Jay Cushing: While shippers cite merger concerns, rival railroad looks instead to ‘collaborations’
Senior Bond Analyst Jay Cushing of researcher Gimme Credit said that the deal would produce combined revenue of $36.5 billion, operating earnings (EBITDA) of close to $18 billion, an operating ratio of 61%, and free cash flow of $2.6 billionread more
Dow Jones Newswire/Bloomberg Terminal
30 Jul 2025
Dave Novosel: Kraft Heinz
(Dow Jones) -- 1355 ET - Kraft Heinz 2% decline in 2Q organic sales may not look impressive at first glance, but it's the food maker's best performance since 1Q of last year, Gimme Credit analyst Dave Novosel says in a research note. It's also much better than the 4.7% decline seen in 1Q of this year, he says. Volume and mix drove a 2.7% decrease, "which was the best performance in several yearsread more
Dow Jones Newswire/Bloomberg Terminal
30 Jul 2025
Dave Novosel: Mondelez's Margin Woes Undermine Strong Sales Gains -- Market Talk
(Dow Jones) -- 1415 ET - Mondelez International just posted its best organic sales performance since 4Q 2023, but margin pressure from inflation is leaving investors with a bitter aftertaste, Gimme Credit analyst Dave Novosel says in a research note. Operating margins dropped substantially because of higher input cost inflation, mainly from cocoa, the analyst says. Unfavorable mix shifts hurtread more
MarketWatch
29 Jul 2025
Jay Cushing: Union Pacific to buy Norfolk Southern in a much-anticipated $85 billion deal
In a report released Tuesday, Gimme Credit Senior Bond Analyst Jay Cushing described the deal as “relatively bondholder friendly.”
“We are keenly aware of the service challenges and network disruptions that occurred during the last round of significant rail consolidation in the 1990s,” he said. “Integration will be high on our list of prospective risks to the Union Pacific credit story but weread more
Barron's
28 Jul 2025
Dave Novosel: Figma’s Hot IPO Is This Week. Adobe Is Still Alive and Kickin’.
Others are onboard with Luria about Adobe. One, for example, is Dave Novosel, a senior analyst for U.S. investment grade bonds at fixed income research Gimme Credit. About Adobe, Novosel wrote this month: “We expect robust revenue growth to continue, aided by the strong demand for content.” And he noted that the company’s profit margins are “enormous.”
Novosel thinks Adobe’s solid fundamentalsread more
Europe Says
25 Jul 2025
Terri Cancelarich: Eden Prairie-based UnitedHealth cooperating with DOJ investigation
Terri Cancelarich, an analyst with Gimme Credit, said she thought it was “likely” the company would end up paying a financial penalty that could total billions. Investors would like a speedy resolution, but that may not be possibleread more
Dow Jones Newswire/Bloomberg Terminal
24 Jul 2025
Carol Levenson: Lockheed Martin Showing Signs of Inadequate Oversight for Program Risk – Market Talk
Lockheed Martin appears to have inadequate control and oversight of its big-budget programs, which it had previously assured investors were substantially derisked, Gimme Credit's Carol Levenson says in a note. Those signals are even more disturbing than size of its 2Q write-downs on those programs, Levenson saysread more
Minnesota Star Tribune
24 Jul 2025
Terri Cancelarich: In a reversal, UnitedHealth says it’s cooperating with DOJ investigation into Medicare practices
Terri Cancelarich, an analyst with Gimme Credit, said she thought it was “likely” the company would end up paying a financial penalty that could total billions. Investors would like a speedy resolution, but that may not be possibleread more
MarketingDive
22 Jul 2025
Dave Novosel: Coca-Cola leaned on marketing to navigate choppy economic waters in Q2
“They’re going to need to make investments in different areas of the company to drive future sales, but they also like to get productivity enhancements to offset some of those investments so… they can grow the top line and improve margins,” said Dave Novosel, senior bond analyst Gimme Credit. “The fact that they’ve been able to do both is encouraging… The advertising productivity is a big part ofread more
The Wall Street Journal
22 Jul 2025
Saurav Sen: Tech, Media & Telecom Roundup: Market Talk
TSMC is pushing forward with major U.S. expansion to mitigate the impact of trade tensions, Gimme Credit analyst Saurav Sen says in a research note. TSMC’s tech leadership in the foundry sector is “insurmountable,” and the main threat to its business is geopolitical tensions, Sen says. The chip giant plans to invest $165 billion in the U.S., including six advanced fabs, two packaging facilitiesread more
IFR News
21 Jul 2025
Stu Novick: CoreWeave returns with new junk bond sale
CoreWeave is back in the US junk bond market for the second time this year, riding on the coattails of the AI company’s plans to buy data center infrastructure provider Core Scientific in an all-stock transaction valued at US$9bn.
The Nvidia-backed borrower is approaching investors with a US$1.5bn B1/B/BB- rated 5.5-year non-call 2.5 bond, which lead-left JP Morgan is talking in the low 9% arearead more
CNBC
21 Jul 2025
Stu Novick: Block’s stock pops on addition to S&P 500
Gimme Credit’s Stu Novick noted that while gross profit growth missed estimates last quarter, the company still delivered strong adjusted earnings and improving cash flowread more
Barron's
21 Jul 2025
Dave Novosel: Netflix Stock Is Still a Hit on Wall Street After Earnings
Netflix stock is rebounding from a post-earnings drop as Wall Street analysts weigh in, positively, on what is next for the streaming platform.
While Netflix reported better-than-expected second-quarter earnings and offered upbeat forecasts for the current quarter on Thursday evening, the stock sold off on Friday because weakness in the U.S. dollar had boosted the results. Shares dropped 5.1% onread more
MarketWatch
18 Jul 2025
TL Tsang: Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron’s stock
Chevron Corp. investors breathed a little easier on Friday after an international arbitration court ruled in favor of the integrated energy giant’s merger with Hess Corp. after nearly two years of waiting.
The other integrated energy giant, Exxon Mobil Corp. over Hess’s assets in Guyana, resulting in a stock overhang for Chevron.
The conclusion of the saga removed that overhang and paved the wayread more
Charlotte Business Journal
17 Jul 2025
Terri Cancelarich: Analyst casts doubt on investment firm's bid for Brighthouse
An analyst is raising red flags about an asset manager’s ability to follow through on its rumored acquisition of Charlotte-based Brighthouse Financialread more
Bloomberg
17 Jul 2025
Jay Cushing: United Air Sees Upside to Target After June Optimism Jolt
The airport accounts for about 20% of United’s system capacity and domestic revenue, according to Jay Cushing, a Gimme Credit analyst. United is still operating fewer daily flights at Newark than before the pandemicread more
Bloomberg
16 Jul 2025
Jay Cushing: United Narrows Profit Range as Outlook Becomes More Stable
The airport accounts for about 20% of United’s system capacity and domestic revenue, according to Jay Cushing, a Gimme Credit analyst. United is still operating fewer daily flights at Newark than before the pandemicread more
IFR News
15 Jul 2025
Evan Mann: Macy's returns to bond market after long absence
Macy’s dived back into the US junk bond market on Monday after a three-year absence as the country’s largest department store chain made a push to take out and refinance its short-term debt maturities.
Like other retailers, the company has had to grapple with a plethora of challenges, including consumers’ shift to online shopping, a pandemic and, most recently, the threat of tariffs.
But overread more
Forbes
14 Jul 2025
Terri Cancelarich: Eyes On Elevance Health, Not UnitedHealth, As First To Report Earnings
Analysts at Gimme Credit noted in a report in late April that Elevance’s Medicare Advantage book of business is “considerably smaller than UnitedHealth’s with 2.3 million members, according for 5% of its member mix, of which 15% is group Medicare Advantage.”
“We are constructive on Elevance for its diverse member mix, balance between commercial and government businesses, franchise value and brandread more
Barron's
9 Jul 2025
Dave Novosel: Meta Wants to Reboot the Metaverse. Why AI Glasses Could Hold the Key.
Pouring billions more dollars into smart glasses might be expected to make Meta shareholders nervous, considering the costs racked up by its Reality Labs division that oversees the hardware. Reality Labs could book a loss of up to $20 billion this year according to analysts at credit-research firm Gimme Credit, up from $17.7 billion in 2024read more
TechFinitive
9 Jul 2025
Dave Novosel: AI networking superpower: Industry reaction to the HPE and Juniper Networks deal
Gimme Credit Senior Bond Analyst Dave Novosel told TechFinitive that the “acquisition of Juniper will increase the product scope of Hewlett Packard Enterprise and broaden its geographic diversification”. And make it more profitable. “Operating margins should improve nicely since Juniper has healthier margins and cost synergies from the deal are meaningful. This will be important because HPE hasread more
PaymentsDive
7 Jul 2025
Stu Novick: Shift4 strategy segues with Global Blue
The purchase will be the firm’s largest. The company already operates in Europe, Asia and South America at about 400,000 retail and hospitality locations, but the acquisition will extend its reach. The deal is “a little bit different for (Shift4), but makes sense as they continue to push into international markets,” Gimme Credit Senior Bond Analyst Stu Novick said by email in Februaryread more
Progressive Grocer
7 Jul 2025
Carol Levenson: How Kroger, Albertsons Are Moving Forward Following Failed Merger
“The interim CEO, Ron Sargent, has not been timid about moving forward strategically,” noted Carol Levenson, director of research at independent bond research firm Gimme Credit. “He has consolidated the companyʼs e-commerce operations, announced the closing over the next 18 months of 60 unprofitable stores and has begun a comprehensive review of the e-commerce business and noncore assetsread more
Reuters
1 Jul 2025
Jay Cushing: Packaging Corp to buy Greif's containerboard business for $1.8 billion
Packaging Corp of America (PKG.N), opens new tab said on Tuesday it would buy the containerboard business of peer Greif (GEF.N), opens new tab for $1.8 billion, aimed at increasing its capacity for the material used to ship consumer goods and industrial products.
Shares of Greif rose 6%, while Packaging Corp gained 8%.
Proceeds from the deal will be used for debt repayment and align with Greif'sread more
BurzovniSvet.cz
30 Jun 2025
TL Tsang: Buy Kinder Morgan Stock. Natural Gas and AI Are a Powerful Combination
While some investors are concerned about the worsening trade relationship with China , analysts say the impact on Kinder Morgan will be minimal. Gimme Credit's TL Tsang says strong demand from other parts of the world and long-term contracts with reliable customers will help. (including artificial intelligence companies)ensure revenue stability. Only 5% of the company's EBITDA in 2025 will beread more
Reuters Shanghai
29 Jun 2025
Jay Cushing: Trouble at Newark Airport Impacts United Airlines; Q2 Earnings Under Scrutiny
Newark Liberty International Airport, located in New Jersey, is one of the three major international airports serving the New York metropolitan area and United Airlines’ largest hub on the U.S. East Coast. However, a series of recent issues at Newark Airport have led to widespread flight delays, raising concerns on Wall Street that United Airlines may be negatively affected, with its upcomingread more
MarketWatch
26 Jun 2025
Jay Cushing: Wall Street is getting worried about United Airlines. Yes, it’s mostly about Newark airport.
“The negative impact from Newark will linger a bit over the summer months with United cutting prices to win back customers and the [Federal Aviation Administration] limiting the number of flights through year-end,” analysts at Gimme Credit said in a note Thursday.
Just as one challenge was fading, another was emerging: As the “stresses at Newark are slowly beginning to ease,” United is now facingread more
The Wall Street Journal
25 Jun 2025
Jay Cushing: Auto & Transport Roundup: Market Talk
FedEx’s planned spinoff its freight business could result in a weaker credit profile for the company, according to Gimme Credit’s Jay Cushing. The freight separation is still on track to happen in June 2026, FedEx said during its earnings call. FedEx says it doesn’t plan to increase its leverage in connection with the planned spinoff, but Cushing believes the loss of the business will make FedExread more
Barron's
25 Jun 2025
TL Tsang: Natural Gas Is Having a Moment. Buy Kinder Morgan Stock on Surging Demand.
The company has noted that even though China hasn’t imported U.S. LNG since February, demand has continued to set new records, as Gimme Credit senior analyst TL Tsang highlights: “We expect Kinder Morgan to be insulated from tariffs, and [it] could even benefit from increased demand for U.S. natural gas from governments using LNG imports as a bargaining chipread more
MarketWatch
24 Jun 2025
Gimme Credit Cited: This Independence Day - Gimme Credit Marks 30+ Years of Independent Corporate Bond Research with Proven Track Record Against Market Consensus
"Our only allegiance is to our clients and the truth in the numbers," said Arthur Rosenzweig, CEO at Gimme Credit. "We were founded on the belief that independence is not just a business model--it's a mission. And for over three decades, that mission has never waveredread more
Casino.org
24 Jun 2025
Kim Noland: Wynn Corporate Bonds Supported by Buoyant UAE Casino Outlook
In a new report, Kim Noland, director of high-yield research at Gimme Credit, sounded a constructive tone on some Wynn debt with further out maturities, citing potential long-term benefits from Wynn Al Marjan Island. That integrated resort, which will be the first regulated gaming venue in the Middle East, is scheduled to open in early 2027.
The affluent and fast-growing demographic of the UAEread more
Cleveland Business Journal
24 Jun 2025
Evan Mann: Cleveland-Cliffs shares have fallen by half in 12 months. Here's why.
The re-shoring of auto manufacturing as a result of the tariffs could yield up to $500 million of operating income per year, starting in the second half and fully impacting 2026, according to a report by Evan Mann of Gimme Credit, a corporate bond research firm in New York Cityread more
IFR News
17 Jun 2025
Terri Cancelarich: UnitedHealth swoops in with US$3bn bond
UnitedHealth Group is raising US$3bn in the US high-grade market as the biggest US health insurer navigates scrutiny from regulators looking into the company's billing practices under its Medicare healthcare plans.
Tuesday's bond offering from the Minnesota-based company is part of its customary yearly fundraising, with UnitedHealth typically issuing in the spring and summer months. Last year, itread more
Digital Dealer
9 Jun 2025
Jay Cushing: Car Shipments to U.S. Drop Over 70%: Tariff Tracker
“A doubling of tariffs from 25% to 50% could raise the cost of a car from $1,500 to $3,000 per vehicle,” said Jay Cushing, senior bond analyst with Gimme Creditread more
Benzinga
6 Jun 2025
Dave Novosel: Dell Rated 'Underperform' As Growth Set to Subside In 'The Second Half:' HP Deemed More Compelling By Analyst
Even though the company has an artificial intelligence server backlog of $14 billion after the first quarter, Dave Novosel, senior investment analyst at Gimme Credit, highlighted that “lumpiness” of AI-enabled server sales was a “major issue.”
According to management, a significant improvement is expected in servers and networking in the second quarter, given the aforementioned non-linear natureread more
CBS News, Moneywatch
4 Jun 2025
Jay Cushing: Trump's 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.
According to Jay Cushing, senior bond analyst with Gimme Credit, steel accounts for 60% of the weight of the average vehicle.
Cushing, however, projects an even steeper price hike. "A doubling of tariffs from 25% to 50% could raise the cost of a car from $1,500 to $3,000 per vehicle," he told CBS MoneyWatch in an email.
A 25% tariff on imported cars remains in place, although the Trumpread more
Bloomberg
3 Jun 2025
Alexandre Dray: Brazilian Airline Azul Criticized Bankruptcy But Failed to Avoid It
“The lingering challenges in the Brazilian aviation sector could temper investor enthusiasm, raise more concerns, and make investors even more cautious about this industry,” said Alex Dray, director of emerging markets research at Gimme Creditread more
Russia News Now
3 Jun 2025
Jay Cushing: Look At What Is Happening With The Consumer
With the help of Google Gemini, I found this article from Automotive Dive in a piece back in February talking about the 25% tariff on steel and its impact on the auto sector and price of a car. These stats came from Jay Cushing, a senior bond analyst with Gimme Credit, “A typical car contains about 1,000 pounds of steel with an estimated cost of between $6,000 and $7,000 per vehicle, Cushing saidread more