WSJ Reporter

Automaker Stellantis suspended its full-year guidance today, citing U.S. tariffs and the difficulty in predicting their potential impact on market volumes and the competitive landscape. It's the latest of a number of companies to do so, including General Motors, JetBlue, Snap, and Volvo. For more, I'm joined by WSJ reporter Chip Cutter.

Automaker Stellantis suspended its full-year guidance today, citing U.S. tariffs and the difficulty in predicting their potential impact on market volumes and the competitive landscape. It's the latest of a number of companies to do so, including General Motors, JetBlue, Snap, and Volvo. For more, I'm joined by WSJ reporter Chip Cutter.

Chip, I just rattled off a few companies that have pulled their guidance. What do they have in common?

Chip, I just rattled off a few companies that have pulled their guidance. What do they have in common?

What does the lack of forward guidance mean for these companies and for their investors?

What does the lack of forward guidance mean for these companies and for their investors?

For the companies that are still offering guidance, how are they doing it amid all this uncertainty?

For the companies that are still offering guidance, how are they doing it amid all this uncertainty?

That was WSJ reporter Chip Cutter. Thank you, Chip.

That was WSJ reporter Chip Cutter. Thank you, Chip.

Microsoft logged double-digit revenue growth in its fiscal third quarter. All three of the company's main business units topped internal projections, led by a 21% revenue increase in its cloud business. Overall profit rose to about $26 billion, up from roughly $22 billion a year earlier.

Microsoft logged double-digit revenue growth in its fiscal third quarter. All three of the company's main business units topped internal projections, led by a 21% revenue increase in its cloud business. Overall profit rose to about $26 billion, up from roughly $22 billion a year earlier.

And Facebook parent Meta Platforms posted revenue growth in the first quarter and indicated growth would remain steady in the current quarter, squashing concerns that President Trump's tariffs would harm its global digital ads business. The social media giant said its sales grew by 16 percent to more than $42 billion, ahead of analyst expectations.

And Facebook parent Meta Platforms posted revenue growth in the first quarter and indicated growth would remain steady in the current quarter, squashing concerns that President Trump's tariffs would harm its global digital ads business. The social media giant said its sales grew by 16 percent to more than $42 billion, ahead of analyst expectations.

Its net income for the January to March period was $16.6 billion. In other news, Google CEO Sundar Pichai has urged a judge to reject the extraordinary measures proposed by the Justice Department to curtail the company's dominance in online search. The government has proposed to force a sale of Google's Chrome browser and require that Google share user data like search histories with rivals.

Its net income for the January to March period was $16.6 billion. In other news, Google CEO Sundar Pichai has urged a judge to reject the extraordinary measures proposed by the Justice Department to curtail the company's dominance in online search. The government has proposed to force a sale of Google's Chrome browser and require that Google share user data like search histories with rivals.

The testimony came during a trial before U.S. District Judge Amit Mehta in Washington, who ruled last year that Google had an illegal monopoly over online search. The judge is now hearing arguments and testimony over what remedy he should impose to restore competition and has said that he plans to rule by August.

The testimony came during a trial before U.S. District Judge Amit Mehta in Washington, who ruled last year that Google had an illegal monopoly over online search. The judge is now hearing arguments and testimony over what remedy he should impose to restore competition and has said that he plans to rule by August.

A federal judge in Vermont has ordered the government to release Columbia University student Mohsen Madawi while his case proceeds, saying the Trump administration was threatening to deport legal residents for stating their political views. Madawi, a green card holder, organized pro-Palestinian demonstrations at Columbia.

A federal judge in Vermont has ordered the government to release Columbia University student Mohsen Madawi while his case proceeds, saying the Trump administration was threatening to deport legal residents for stating their political views. Madawi, a green card holder, organized pro-Palestinian demonstrations at Columbia.