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NYSE:HRI 23 February 2026

Herc Holdings stock slides as tariff turmoil dents appetite for industrials

Herc Holdings stock slides as tariff turmoil dents appetite for industrials

Herc Holdings Inc shares dropped 2.3% to $150.00 in early New York trading Monday after President Donald Trump announced a new 15% tariff following a Supreme Court ruling. United Rentals and WillScot Mobile Mini also declined. Herc last week reported Q4 rental revenue up 24% to $1.039 billion and net debt of $8.1 billion. The company forecast 2026 rental revenue of $4.275–$4.4 billion.
23 February 2026
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Stock Market Today

  • Tesla Q1 2026 Deliveries Highlight Shift to Robotics, Musk Dismisses SpaceX $2 Trillion Valuation
    April 6, 2026, 12:31 AM EDT. Tesla reported Q1 2026 vehicle deliveries of 358,023, showing modest 6% growth from last year but a drop from Q4 2025. CEO Elon Musk emphasized that Tesla's traditional auto business is less central, with about 80% of the company's future value tied to Optimus, its humanoid robot project. Production of Model S and X ended, freeing Fremont factory space for Optimus manufacturing aimed at one million robots yearly. Tesla is shifting focus from volume growth to higher-margin sectors like autonomy, energy storage, and robotics. Musk also publicly criticized a $2 trillion valuation proposed for SpaceX, calling it 'BS.' This strategic pivot reflects Tesla's long-term plan beyond EV deliveries.
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