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The new US administration under Donald Trump is expected to slow the growth of onshore wind power capacities significantly from the second half of 2027, according to analyst Alberto Gandolfi. Meanwhile, Nordex SE, a wind turbine manufacturer, has seen mixed stock performance, with shares recently dropping 5.3% despite a record number of orders last year. Analysts maintain a "Buy" rating for Nordex, with target prices ranging from €18 to €20.10, amid ongoing market volatility and leadership changes within the company.
Ken Griffin, CEO of Citadel Advisors, warned that President-elect Trump's proposed tariffs could lead to crony capitalism, benefiting domestic companies in the short term but harming competitiveness and productivity in the long run. He expressed concern that increased tariffs would invite special interest lobbying and protect inefficient businesses, ultimately raising consumer prices. Griffin also stated that Citadel Securities is not planning to go public soon, focusing instead on growth and the advantages of remaining private during this rapid expansion phase.
Citadel Advisors LLC
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
nordex faces challenges amid us wind power policy shifts and market volatility
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21:36 30.01.2025
ken griffin warns of crony capitalism from trump's proposed tariffs
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20:32 21.11.2024
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