Live Watch: Treasury Secretary Bessent testifies before House committee OTC Markets OTCPK - Delayed Quote • USD Voice Assist, Inc. (VSST) Follow Add holdings 0.0093 0.0000 (0.00%) As of May 5 at 4:00:00 PM EDT. Market Open. Related News Ford faces double whammy of tariffs, 'poor management': Analyst While topping earnings and revenue estimates for its first quarter, US automaker Ford (F) expects President Trump's tariffs to weigh down its net profits by $1.5 billion. The Trump administration's latest tariffs on foreign-made auto parts went into effect on May 3, allowing partial exemptions for American auto companies. CFRA Analyst Garrett Nelson comes on The Morning Brief to talk about Ford's suspended full-year guidance, the company's performance nearly five years into Jim Farley's tenure as CEO, and its vehicle pricing. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Palantir can still grow in 'impressive fashion' despite stock drop Palantir (PLTR) stock is tumbling despite beating first quarter expectations and raising its full-year outlook. William Blair Research industrials analyst Louie DiPalma joins Morning Brief to explain why Palantir's valuation could drop more, even as the company progresses in growth and margins. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. AMD earnings, Bessent on Capitol Hill, Milken: What to Watch Market Domination Overtime hosts Julie Hyman and Josh Lipton preview several of the top earnings and market stories to come on Tuesday, May 6, including quarterly results from semiconductor maker Advanced Micro Devices (AMD), EV makers Lucid (LCID) and Rivian (RIVN), and Marriott International (MAR); US Treasury Secretary Scott Bessent is to speak before the House Oversight Committee; and continued coverage from the Milken Institute's 2025 Global Conference. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Ford Q1 earnings top estimates, pulls guidance Ford (F) reported first quarter adjusted earnings of $0.14 per share, much better than the ($0.04) loss analysts had been expecting. Revenue was $40.7 billion compared to the $36.75 billion Bloomberg consensus estimate. The company suspended its full-year adjusted EBIT and adjusted free cash flow forecasts, citing tariff uncertainty. Market Domination Overtime Anchors Julie Hyman and Josh Lipton are joined by Senior Autos Reporter Pras Subramanian to discuss the automaker's results. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Buffett succession, Palantir earnings preview, Hims COO pick At Berkshire Hathaway's (BRK-B, BRK-A) annual shareholders meeting over the weekend, chairman and CEO Warren Buffett, 94, announced that he will step down and be succeeded by Berkshire Hathaway Energy Chair Greg Abel at the end of the year. Palantir (PLTR) is set to publish its first quarter earnings after Monday's market close. Hims & Hers Health (HIMS) announced that former Amazon (AMZN) executive Nader Kabbani will be joining the telehealth company as its new COO. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Big tariffs on auto parts are now in effect. Here's how they work. President Trump's tariffs on foreign-made auto parts began on May 3, with automakers receiving some concessions from the administration but still feeling the heat on others. DigitalOcean Growth Rate Ticks Higher Customers continue to increase their spending on the platform, with improving retention rates and average revenue per user. Large capex spending in the first half of the year is expected to drive further revenue growth acceleration in the second half of 2025. ServiceNow Discloses Artificial Intelligence Financial Target For 2026 The rise of "agentic" AI has yet to boost ServiceNow stock or most software makers as monetization ramps slowly. ServiceNow disclosed a new AI financial target Monday. Celsius Stock Fizzles After Q1 Miss, Revenue Slide Celsius Holdings, Inc. (NASDAQ:CELH) shares are trading lower on Tuesday after the company released its first-quarter results. The beverage giant reported adjusted earnings per share of 18 cents, missing the analyst consensus estimate of 19 cents. Quarterly sales of $329.28 million (down 7% year over year) missed the street view of $344.03 million. CELSIUS brand retail sales declined 3% year over year with a dollar share of 10.9%, down 140 basis points from the prior year. Celsius highlighted th Stocks Fall as Trade-War Damage Worries Sap Mood: Markets Wrap (Bloomberg) -- Wall Street’s risk-off mode prevailed in the countdown to the Federal Reserve decision, with stocks falling as disappointing corporate and economic signals fueled concern about the repercussions of President Donald Trump’s trade war.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureVail t Ford Stock Shrugs Off Pulled Guidance, 'Huge' Tariff Hit Ford stock crept higher, even after the automaker reported a 64% drop in quarterly profit and pulled its annual guidance, saying it couldn’t predict the full impact of tariffs on its business. Shares rose nearly 2% in morning trading Tuesday. Stocks to Watch Tuesday: Palantir, Ford, Mattel, DoorDash ↘️ Palantir Technologies (PLTR): The data-analysis firm lifted its annual forecast on demand for its AI products, but shares slid. The stock has quintupled over the past year. ↗️ Ford Motor (F): The carmaker suspended its annual guidance, saying it couldn’t predict the full impact of President Trump’s tariffs. AMD, Arm Offer Window Into AI Landscape Ahead of Nvidia Earnings (Bloomberg) -- Two chipmakers reporting earnings in the coming days will give investors insight into how demand for artificial intelligence infrastructure is holding up a few weeks ahead of Nvidia Corp.’s results. Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureVail to Borrow Muni Debt to Ease Ski Res Q1 2025 Ford Motor Co Earnings Call Q1 2025 Ford Motor Co Earnings Call S&P 500 Nuke Stock Holds Outlook Steady, An AI-Trend Vote Of Confidence Constellation Energy reported worse-than-expected first-quarter earnings Tuesday but kept its 2025 guidance steady. DoorDash Swings to Profit, Plans to Buy Deliveroo and SevenRooms DoorDash swung to a first-quarter profit as demand continued to grow for online restaurant and grocery-store orders, and the company also struck deals to acquire British food-delivery company Deliveroo and software concern SevenRooms. Musk's xAI joins TWG Global, Palantir for AI push in financial sector The data analytics firm and TWG, led by Guggenheim Partners founder Mark Walter and entertainment financier Thomas Tull, had in March announced a joint venture aimed at AI deployment in financial services and insurance sectors. TWG will lead the implementation efforts by working with company executives to design and deploy AI-powered solutions, the companies said. Lemonade: Solid Growth in Tough Quarter Lemonade beat analyst estimates and produced solid revenue, premium, and customer growth. The company’s earnings were impacted by the California wildfires, as expected. Lemonade continues to make progress toward its financial goals and handled the natural disaster well but is still a long way from profitability. Top 1% Stock, Hims & Hers Health, Dives On Lackluster Outlook Hims stock crumbled Tuesday after the telehealth platform issued a lackluster outlook for the current three-month period. Q1 2025 Upwork Inc Earnings Call Q1 2025 Upwork Inc Earnings Call Performance Overview Trailing total returns as of 5/6/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) Return VSST S&P 500 (^GSPC) YTD +29.53% -4.43% 1-Year -17.33% +8.50% 3-Year -73.43% +36.32%