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General Motors Raises 2026 Profit Outlook After Massive Tariff Refund

Key Points: General Motors reported an adjusted first-quarter earnings of $3.70 per share, completely crushing the expected $2.62. The automaker booked a massive $500 million benefit after the Supreme Court declared specific presidential tariffs illegal. Despite the ongoing pullback in electric vehicles, which cost the company $1.1 billion, core operations remained highly profitable. Executives raised the full-year 2026 profit guidance to reach between $13.5 billion...

T-Mobile Teams Up With Starlink to Launch Unbreakable Business Internet

Key Points: T-Mobile introduced SuperBroadband, a new business internet service combining 5G networks with Starlink satellite backup. The service specifically targets remote companies and rural enterprises that struggle with unreliable traditional broadband. SpaceX has already launched more than 10,000 Starlink satellites to help provide service to every single zip code in America. T-Mobile keeps pricing flexible, adjusting the final cost based on each business's location...

Strong El Nino Threatens Global Energy Markets Already Strained by War

Key Points: A severe El Niño weather pattern will trigger extreme heatwaves in Asia and cooler summers in North America this year. Asian power companies will rely heavily on cheap coal imports as regional liquefied natural gas prices hit $868 per ton. The ongoing war with Iran has already damaged Middle East infrastructure, making global energy supplies extremely tight. European countries like Italy will buy...