Nebraska files antitrust lawsuit against heavy-duty truck manufacturers over EV push By Reuters

(Reuters) – Nebraska Attorney General Michael Hilgers on Tuesday filed an antitrust lawsuit against some of the largest heavy-duty truck manufacturers accusing them of limiting the availability of diesel-powered semi-trucks in a shift to electric trucks. The lawsuit says the truck makers are engaged in “an industry-wide conspiracy to completely phase out medium and heavy-duty ICE vehicles” to comply with California’s regulations that aim to essentially eliminate semi-trucks with internal

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Walmart hikes annual earnings outlook, beats Q3 estimates; shares jump By Investing.com

Walmart (NYSE:) shares rose over 3% Tuesday after the retail giant hiked its annual earnings outlook and reported better-than-expected Q3 results. The third quarter adjusted earnings per share (EPS) came in at $0.58, topping consensus expectations of $0.53. Walmart’s revenue for the quarter rose to $169.6 billion, also above the $167.67 billion estimated by analysts. Comparable sales performance in the US, excluding fuel, was strong across segments. Total (EPA:) US

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Medtech less exposed to potential negative headlines from RFK Jr., says BofA By Investing.com

Investing.com — Bank of America analysts see the potential for medtech stocks to continue gaining momentum as they appear less vulnerable to potential healthcare-related controversies tied to RFK Jr. headlines. The bank notes that recent developments have bolstered the sector, with medtech rebounding from historically low valuations to trade more closely in line with its 10-year average discount to the Tools sector. In just two days, medtech’s discount to Tools narrowed

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Walmart earnings beat by $0.05, revenue topped estimates By Investing.com

Investing.com – Walmart (NYSE: ) reported fourth quarter EPS of $0.58, $0.05 better than the analyst estimate of $0.53. Revenue for the quarter came in at $169.6B versus the consensus estimate of $167.67B. Guidance Walmart sees FY 2025 EPS of $2.42-$2.47 versus the analyst consensus of $2.45. Walmart’s stock price closed at $84.08. It is up 11.07% in the last 3 months and up 62.42% in the last 12 months.

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Super Micro shares soar over 30% after naming new auditor By Investing.com

Investing.com– Shares of Super Micro Computer Inc (NASDAQ:) rose sharply in evening deals on Monday after it named BDO USA as its auditor and said it had submitted a plan to the Nasdaq seeking more time to comply with listing rules.  Super Micro shares soared more than 32% to $28.54 by 05:55 ET (10:55 GMT).  The server maker said it believed it will be able to complete its annual and

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