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Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears
Jet-Ski Maker Crashes Most On Record As "Mind-Blowing" Tariff-Hit Sparks Worst-Case Scenario Fears
BRP's US-listed shares crashed the most on record as the US cash session began, after the jet ski and snowmobile maker withdrew its financial outlook.
The company warned that changes in the US tariff environment surrounding steel, aluminum, and copper could result in a $500 million hit before any mitigation efforts.
BRP wrote in a statement:
For BRP, the amendment mainly leads to a 25% tariff on the total value of imported snowmobiles and the majority of ORV models, replacing the...
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Authored by Rob Sabo via The Epoch Times,
The National Highway Traffic Safety Administration (NHTSA) said on April 6 that it had closed its investigation into Tesla’s Actually Smart Summon feature, a remote driving function that allows low-speed vehicle movement over short distances in parking areas using a smartphone app.
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Nvidia Unveils New AI Open Model, Sparking Rally In Quantum Stocks
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Nvidia unveiled the world's first open-source AI models to accelerate the development of quantum computing. The news sent shares of several Asian software and cybersecurity firms soaring and sparked a rally in U.S.-listed quantum stocks in premarket trading.
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