A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
Avis Budget stock jumped as Bill Ackman disclosed a large stake in Hertz. Investors may view Avis as a strong, more reliable play on rental car recovery.
Avis Budget Group trades at $75.35 per share and has stayed right on track with the overall market, losing 6.1% over the last six months while the S&P 500 is down 9%. This was partly due to its softer quarterly results and might have investors contemplating their next move.
The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%.
But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.
Let’s dig into the relative performance of Heartland Express (NASDAQ:HTLD) and its peers as we unravel the now-completed Q4 ground transportation earnings season.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the transportation and logistics industry, including Union Pacific (NYSE:UNP) and its peers.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the transportation and logistics industry, including CSX (NASDAQ:CSX) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Knight-Swift Transportation (NYSE:KNX) and the rest of the ground transportation stocks fared in Q4.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the ground transportation industry, including Landstar (NASDAQ:LSTR) and its peers.
Shares of car rental services provider Avis (NASDAQ:CAR)
jumped 21.1% in the afternoon session after shares of car rental companies rose as the 25% tariffs announced by President Trump on all vehicles imported into the US suggested new vehicles might be more expensive.
Wall Street dipped slightly on Thursday, with all major indexes edging into the red as investors digested President Donald Trump‘s latest move on auto tariffs.
Looking back on transportation and logistics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Norfolk Southern (NYSE:NSC) and its peers.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the ground transportation industry, including Covenant Logistics (NYSE:CVLG) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the ground transportation stocks, including Heartland Express (NASDAQ:HTLD) and its peers.
Let’s dig into the relative performance of Schneider (NYSE:SNDR) and its peers as we unravel the now-completed Q4 ground transportation earnings season.
