StockNews.AI
GWAV
StockNews.AI
166 days

Greenwave Technology Solutions, Inc. Chief Executive Officer Danny Meeks to be Interviewed on Fox Business Network's Varney & Co. Today

1. Danny Meeks to discuss scrap metal demand on Fox Business today. 2. Trump’s tariffs on steel and aluminum set for March 2025. 3. Greenwave expected to benefit from rising scrap metal prices. 4. Company's operations in key states position it for growth. 5. Focus on domestic sourcing aligns with market trends.

6m saved
Insight
Article

FAQ

Why Bullish?

The anticipated surge in demand due to tariffs can significantly boost GWAV's profits, similar to how other metal suppliers benefitted during previous tariff impositions, such as the 2018 steel tariffs, which led to price increases and improved margins for U.S. suppliers.

How important is it?

The article highlights GWAV's potential to capitalize on upcoming tariffs, establishing a narrative of growth which could attract investor interest.

Why Long Term?

The long-term outlook for GWAV is bolstered by consistent demand for recycled materials as domestic sourcing becomes critical, particularly through 2025 and beyond.

Related Companies

, /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), today announced that its Chairman and Chief Executive Officer, Danny Meeks, is expected to be interviewed on Fox Business Network's Varney & Co. at 11:30am EST today.The interview is expected to focus on surging prices and demand for U.S. scrap metal resulting from President Trump's recently announced 25% steel and aluminum tariffs set to take effect on March 12, 2025. $GWAV Positioned to Win Big on Metal Tariffs As one of the Mid-Atlantic's dominant suppliers of mill-ready shred and other recycled metals, Greenwave anticipates surging demand and expanding profit margins throughout fiscal year 2025. With the U.S. steel and metals industry shifting toward domestic sourcing, Greenwave's strategic position in Virginia, North Carolina, and Ohio places it at the epicenter of these game-changing industry dynamics.About Greenwave Technology Solutions, Inc.Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) operates 13 metal recycling facilities supplying leading steel mills and industrial partners with 100% domestically-sourced metals. Headquartered in Chesapeake, VA, Greenwave plays a critical role in infrastructure projects and U.S. national security, with operations across Virginia, North Carolina, and Ohio. For more information, visit www.GWAV.com.For detailed financials and updates, visit www.GWAV.com.Forward-looking StatementsThis press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its revenue growth, opening of additional locations, margin expansion and cashflow projections. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.SOURCE Greenwave Technology Solutions WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News