First Trust Nasdaq Transportation ETF Price & Performance (FTXR)

The U.S. may impose tariffs on Chinese electric vehicles, as discussed by Alibaba's Joseph Tsai at a recent event. The move could shield domestic automakers from competition but risks disrupting global trade. Meanwhile, European automakers face new tariffs on steel and auto imports, prompting immediate countermeasures from the EU.1

Targa Resources has surged 15.3% over the past three months, outperforming its sector peers. The energy infrastructure firm benefits from rising NGL exports and strategic positioning. Despite a recent earnings miss, analysts remain optimistic, assigning a 'Strong Buy' rating and a price target suggesting further upside.2

General Motors announced a quarterly dividend increase to 15 cents per share and a $6 billion share buyback plan. The automaker's strategy aligns with its focus on growth and maintaining financial strength. Investments in EVs and battery production underscore GM's commitment to innovation and shareholder value.3