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Ford Tariff Scare; DoorDash's Acquisition; Palantir Sinks | Stock Movers
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May 6, 2025
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May 6, 2025
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3:54Now PlayingOn this episode of Stock Movers:
- Palantir Technologies (PLTR) is sinking this morning after its financial results failed to meet investors' expectations. The company bumped its 2025 revenue forecast to about $3.9 billion, representing growth of 36% from last year. Still, Palantir's revenue for the quarter jumped 39% to $884 million, exceeding analysts' average estimate of $863 million.
- Ford Motor Co. (F) shares are on the decline after it suspended its full-year financial guidance due to President Donald Trump's auto tariffs, which will reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year. Ford cited seven factors in withdrawing its earlier forecast, including potential "industrywide supply chain disruption" tied to Trump's duties and the risk that levies may increase in the future.
- DoorDash (DASH) shares are lower as it agreed to acquire its rival in the UK, Deliveroo, for $3.9 billion in cash. It expands the delivery service's scope across Europe, Asia and the Middle East.
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Ford Tariff Scare; DoorDash's Acquisition; Palantir Sinks
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