FMP
Jan 21, 2025 6:28 AM - Parth Sanghvi
Image credit: Jason Briscoe
President Donald Trump has announced the possibility of imposing 25% tariffs on imports from Canada and Mexico starting February 1. The news has sent ripples through global markets, with Asian automakers and battery companies experiencing significant declines. This proposed tariff hike could have far-reaching implications across multiple industries, including automotive, consumer goods, and electronics.
The proposed tariffs threaten to reshape trade dynamics between the U.S., Canada, and Mexico, which are closely intertwined due to the USMCA (United States-Mexico-Canada Agreement). Key concerns include:
For a deeper understanding of the financial and operational impacts, Financial Modeling Prep (FMP) offers valuable APIs:
While President Trump's tariff plans are not finalized, the potential impact is already reverberating through markets and industries. Companies will need to navigate these uncertainties carefully, balancing operational adjustments with maintaining market competitiveness.
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...