Financial News · Live Terminal

Page 256 of 535

Trump Says US Blockade to Remain Until Deal

US President Donald Trump on Monday reiterated on Truth Social that the US blockade would remain in force until a deal is reached and that Iran was forcing vessels toward the US for oil."The Iranian leadership has forced hundreds of ships toward the United States, mostly Texas, Louisiana, and Alaska, to get their oil," Trump posted.In multiple posts on Truth Social, Trump said that the blockade would not be lifted until there is a deal, claiming that Iran was losing $500 million per day, describing the loss as "unsustainable."Regarding the military effort, Trump said, "things are going very well," and that the US was winning the war "by a lot."He posted that he was facing "no pressure" on Iran talks and said the potential agreement would be "far better" than the Joint Comprehensive Plan of Action, also known as the Iran nuclear deal, criticizing the prior deal as one of the worst arrangements for US national security.In another post on Truth Social, Trump said that Democrats are attempting to undermine the US position in negotiations with Iran, while insisting he will not rush into an unfavorable agreement."I'm not going to let them rush the United States into making a deal that is not as good as it could have been," Trump said, rejecting claims of urgency.He dismissed media reports and added that talks could conclude "relatively quickly," while maintaining he is focused on securing stronger terms than previous agreements.

Australia7d ago

Hess Midstream Shares Fall After Goldman Sachs Downgrade

Hess Midstream (HESM) shares were down 2.1% in Monday trading after Goldman Sachs downgraded the company's stock to sell from neutral and adjusted its price target to $32 from $36.Trading volume stood at more than 1.3 million shares, compared with a daily average of about 1.6 million shares.Price: $37.00, Change: $-0.87, Percent Change: -2.30%

$HESM

Australia7d ago

Ally Financial Q1 Trends Support Stronger Returns Outlook, RBC Says

Ally Financial's (ALLY) Q1 core trends were solid, with improving credit metrics and management maintaining confidence in margin expansion over the remainder of the year, which should support higher returns by the end of 2026, RBC Capital Markets said.Q1 adjusted EPS of $1.11 was impacted by a net $0.18 of adjusting items, including fair value adjustments and original issue discount. Core fundamentals were positive, and RBC anticipates margin trends and credit expectations driving improved returns.On credit, retail auto metrics are improving, and RBC expects the year-to-date trends to help Ally Financial achieve its full-year outlook. Other highlights included strong retail loan applications, expense control, an active share repurchase program, and optimism around recent capital proposals, the brokerage said Friday in a note.Guidance assumes a full-year margin of 3.60% to 3.70%, implying increases over the rest of the year, a 2% to 4% increase in average earning assets, flat to a 5% increase in other revenues, and a 1% increase in expenses, according to the note.RBC raised its 2026 EPS estimate to $5.50 from $5.40 and 2027 estimate to $6.55 from $6.50.The firm maintained an outperform rating on Ally Financial with a price target of $52.Price: $46.37, Change: $+1.01, Percent Change: +2.23%

$ALLY

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Oil & Energy7d ago

ECB President Flags Inflation Threat as 13% Global Oil Supply Hit Shakes Outlook

European Central Bank's President Christine Lagarde said Monday that a 13% global oil supply hit is fueling inflation risks and slowing growth amid ongoing geopolitical disruptions.Lagarde delivered the remarks at the annual reception of the Association of German Banks.Lagarde said the economic outlook remains highly uncertain due to the stop-start nature of the conflict, making it difficult to assess how long disruptions and their effects will last.She said there is no simple return to pre-conflict conditions, with projections already pointing to higher inflation and slower growth across baseline and downside scenarios.The euro area faces a major supply shock, with oil losses estimated at about 13 million barrels per day, she said.Despite the scale of disruption, energy prices have not yet risen enough to fully trigger worst-case scenarios, as markets expect the shock may be temporary, Lagarde said.She added that if the conflict eases quickly, the economic impact could remain contained, though risks remain tilted to the downside if disruptions persist.Lagarde warned prolonged disruption could widen supply-demand gaps and affect key industries, including semiconductors, food, chemicals, and plastics, due to shortages of critical inputs.She said extended shortages could shift the impact from higher prices to outright rationing, which would directly hit economic output and worsen growth prospects.While global supply chains remain broadly stable, localized strains are emerging, with jet fuel prices doubling and some airports already facing rationing measures.Lagarde said monetary policy faces uncertainty, with outcomes depending heavily on how long disruptions last and how energy costs feed into broader inflation.She noted inflation pass-through may be influenced by recent price shocks, raising sensitivity, but weaker demand could limit broader price and wage increases.Lagarde added that fiscal policy will play a key role, with price controls lowering inflation but weakening incentives to reduce energy use, while income support risks boosting demand.She said past measures, which totaled about 1.7% of GDP, helped cushion households but also prolonged inflation and complicated monetary policy efforts.Lagarde emphasized that future support must be targeted and temporary, warning that broad fiscal intervention risks undermining public finances and worsening inflation pressures.

Financial News · Live Terminal

Trump Says US Blockade to Remain Until Deal

Hess Midstream Shares Fall After Goldman Sachs Downgrade

Ally Financial Q1 Trends Support Stronger Returns Outlook, RBC Says

Trump Says US Blockade to Remain Until Deal

Hess Midstream Shares Fall After Goldman Sachs Downgrade

Ally Financial Q1 Trends Support Stronger Returns Outlook, RBC Says

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ECB President Flags Inflation Threat as 13% Global Oil Supply Hit Shakes Outlook