The Trump administration is reportedly considering measures to limit Nvidia's (NVDA) sales of AI chips to China. This move includes potential penalties that could prevent Chinese AI star DeepSeek from acquiring U.S. technology and restrict American access to its services. The House Select Committee on the Chinese Communist Party has initiated an investigation into Nvidia's chip sales across Asia, evaluating whether the company might have violated U.S. regulations by enabling DeepSeek to develop AI capabilities.
Additionally, the administration intends to end the IRS Direct File program, a free electronic tax filing system established during the Biden presidency. Companies like H&R Block (HRB) and Intuit (INTU), operating in the tax preparation industry, have criticized the program as redundant and difficult to use despite its popularity among taxpayers.
In a separate development, trading activity surged in the stocks of Unusual Machines (UMAC) and Dominari Holdings (DOMH) in anticipation of Trump family members joining their advisory boards. Unusual Machines saw its stock nearly triple, while Dominari Holdings experienced a 580% boost, raising eyebrows among regulatory experts due to the timing and magnitude of these movements.
Meanwhile, Trump Media and Technology Group (DJT) sent a memo to the U.S. Securities and Exchange Commission alleging suspicious trading activities by the U.K.-based hedge fund Qube Research & Technologies. The memo suggests this might involve illegal naked short selling of DJT shares.
In the automotive sector, Ford Motor (F) has warned dealers of potential price hikes next month if current tariffs on automotive imports remain unchanged. This comes as President Trump temporarily halted federal funds for clean school buses, affecting companies like Blue Bird (BLBD, Financial), which saw a decline in stock value amid distribution delays by the Environmental Protection Agency.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Blue Bird Corp (BLBD, Financial) is $53.00 with a high estimate of $68.00 and a low estimate of $36.00. The average target implies an upside of 57.67% from the current price of $33.62. More detailed estimate data can be found on the Blue Bird Corp (BLBD) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Blue Bird Corp's (BLBD, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Blue Bird Corp (BLBD, Financial) in one year is $32.10, suggesting a downside of 4.51% from the current price of $33.615. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Blue Bird Corp (BLBD) Summary page.