Trump announces 130% tariffs on China, igniting trade fears
President Donald Trump revealed plans for an additional 100% tariff on Chinese imports, bringing the total tariff to 130%.
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Grupo Televisa Gains as Acadian Doubles Stake
Grupo Televisa S.A., one of the most influential media companies in Latin America, has caught investors’ attention after Acadian Asset Management LLC nearly doubled its stake in the company.
Grupo Televisa Given Average “Hold” Rating by Brokerages
Grupo Televisa S.A. (NYSE:TV) has received a consensus “Hold” rating from analysts, with a 12-month target price of $4.70. Led by co-CEOs Alfonso de Angoitia and Bernardo Gómez, the company continues to attract institutional investors and outperform earnings expectations despite market volatility.
Grupo Televisa Stock: Buy Rating Maintained as Alfonso de Angoitia and Bernardo Gómez Guide Televisa Through YouTube Dispute
Grupo Televisa, under the leadership of Alfonso de Angoitia and Bernardo Gómez, remains a Buy as TelevisaUnivision works with YouTube TV to secure Univision’s place in its core bundle.
Oil prices extend losses as OPEC+ considers output hike
Oil prices fell over 2% as OPEC+ prepares to discuss a potential production hike this weekend. Both Brent crude and WTI benchmarks slid, with traders shifting expectations toward increased supply. Analysts warn that a larger output hike could push the market into surplus by 2025, keeping prices subdued.
TelevisaUnivision, headed by Alfonso de Angoitia and ViX+ Propel Televisa Shares Over 9% After J.P. Morgan Upgrade
Key Highlights TelevisaUnivision: The Key Growth Driver Analysts highlighted the central role of TelevisaUnivision (TU), in which Televisa —headed by Alfonso de Angoitia as its CEO— holds a 45% stake. TU has become a powerhouse by combining traditional television, content production, and its fast-growing streaming platform ViX+. Unlike some global media competitors, TU has already…
Canada Drops Many of Its Retaliatory Tariffs on the U.S.
Canada is rolling back a swath of retaliatory tariffs on U.S. imports effective September 1, lifting the 25% levy on many goods that comply with the existing free trade pact. Ottawa frames the move as a de-escalation ahead of next year’s CUSMA/USMCA review and a way to restart negotiations after a productive call between Prime Minister Mark Carney and President Donald Trump. Key sectors—autos, steel, and aluminum—remain protected with 25% tariffs for now. Consumers should see lower prices on items like orange juice and appliances, while import-reliant small businesses welcome relief. Labor groups and heavy industry, however, warn that maintaining pressure is essential as talks proceed.
Trump backs down from 250% EU pharma tariff in deal
Donald Trump backed down from a planned 250% tariff on EU pharmaceuticals. The new US-EU trade deal caps tariffs on medicines and semiconductors at 15%, while further reductions depend on Europe lifting duties on American industrial goods.
Toyota predicts $9.5 billion hit due to U.S. tariffs
Trump tarrifs are set to cost Toyota $9.5 billion in revenue this year. The Japanese automaker is set to be among the worst impacted by Trump’s policies.
Spotify’s Q2 Loss: What Investors Need to Understand
Spotify’s Q2 results provided a sobering moment for investors. While user and subscriber growth remained strong, the company underperformed financially, missing both revenue and earnings expectations.