Aluminum prices soar due to Iran war, pressuring Ford, Molson Coors, and AB InBev. Wall Street sees softer supply growth ahead.
Stellantis warns raw material costs could cut revenue by โฌ1B. Meanwhile, a16z says the term 'stablecoin' has outgrown its original meaning.
Ford warns commodity costs, including steel and aluminum, will rise $2B this year, double prior estimate. Impact on automakers and steel demand.