The Read: 3% on average around catalyst events, but it experienced outsized declines of 15–26% when earnings met expectations yet revealed ongoing revenue contraction, cash burn, and weak policy support.
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Scouting Reports

Freight’s Recovery Meets the Tariff Wall
Jun 4, 2026
Supply chains just spent four years bleeding out excess capacity. Now, equipment utilization is rising and spot prices are finally firming, signaling an end to the 2022–2026 freight recession freightw
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USMCA’s 50% Rule Hits Auto Supply Chains
May 30, 2026
The automotive trade landscape is facing a structural stress test. In a push to rewrite the integration of the North American supply chain, administration negotiators are proposing a requirement that
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The 25% Auto Wall: Girding for the May 8 Tariff Implementation
May 2, 2026
The clock is ticking for European automakers as the May 8 implementation date for a 25% U.S. tariff on EU-built cars and trucks approaches. This move, central to the current administration's shift tow
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