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US Steel Deal in Jeopardy; Constellation Tariff Hit; Disney China Film Block | Stock Movers
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April 10, 2025
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3:21Now PlayingOn this episode of Stock Movers:
- US Steel (X) shares are lower this morning after President Trump said he opposed a Japanese company from buying the American steelmaker, and says it's a company that should remain in America. He said US Steel is a 'very special" company and does not want it to go anywhere but America.
- Constellation Brands (STZ) shares are lower after the maker of Modelo and Corona beers issued a weaker than expected outlook for the 2026 fiscal year despite beating quarterly estimates. The impact of tariffs could weigh on the stocks.
- Disney (DIS) shares are slipping following China declaring it would reduce the number of US films allowed to enter the country. While they don't disclose revenue from China, it was clear the APAC region accounts for a considerable portion of Disney's revenue.
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US Steel Deal in Jeopardy; Constellation Tariff Hit; Disney China Film Block
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