$DTB

A Michigan ballot proposal to ban corporate political contributions from DTE and Consumers Energy, and others with large government contracts, survived a legal challenge and will proceed to a Nov. 3 vote. The measure aims to curb corporate influence in politics. Business groups opposed the proposal, but the Michigan Supreme Court declined to overturn its certification. If passed, the measure would require a three-fourths legislative vote for future amendments.

Morgan Stanley downgraded Daimler Truck (DTGGe) to 'equal-weight,' citing a 50% rally and valuation near historical highs. The firm raised its price target to €50 and 2027 EPS estimate to €5.54. Analysts noted truck cycles typically peak around this stage, reducing risk-reward. Other truck manufacturers' ratings and targets were also adjusted.

DTE Energy's Vice Chairman & Group President, Trevor F. Lauer, sold 5,000 shares of common stock on September 1, 2026, totaling $678,560. The average sale price was $135.712 per share. Post-transaction, Lauer directly owns 73,122 shares and indirectly holds 4,192 shares.

DTE Energy (DTB) Vice Chairman Trevor F. Lauer sold 5,000 shares at an average price of $135.71, retaining 73,122 shares directly and additional indirect holdings. The sales occurred on September 1, 2026, with no Rule 10b5-1 trading plan reported.

Lauer Trevor F (Vice Chairman & Group Pres.) sold 5,000 shares of DTE ENERGY CO (DTB) at $135.71 ($0.68M total) on 2026-09-01.

European stocks rose slightly on Thursday, recovering from recent losses as bond yields eased and Fed commentary provided relief. The STOXX 600 gained 0.12%, while Germany's DAX increased 0.2%. Higher borrowing costs have pressured equity valuations, particularly in tech and growth sectors. Deutsche Telekom rose 1.4% after reports of an activist investor stake.

DTE Energy reported 80,388 storm-related outages, affecting 3.5% of its 2.3 million customers. The company has invested over $900 million in grid reliability in 2026. Shares closed at $136.05, with a 2026 P/E ratio of 17.8x. Analysts have an average price target of $155.44, with 60% buy ratings.

European stocks rose 0.2% on Thursday, ending a three-session losing streak, as bond selloff eased. Soitec surged 10% after raising its 2027 revenue growth outlook to 50% YoY. Investors await U.S. economic data for Fed policy clues. Oil prices remained high, impacting markets. Deutsche Telekom and Sofina also saw gains.

Deutsche Telekom appointed new CTO Jan Hofmeyr, CFO Dhananjay Mirchandani, and chief product & digital officer Mladen Mitic. 4iG partnered with SpaceX for Starlink services in Europe. WIOCC secured $300m investment for African infrastructure. KDDI and Samsung achieved 3.6Gbit/s speeds in 7GHz band tests.

Peter Thiel's hedge fund, Thiel Macro, reported no U.S. long stock holdings for two consecutive quarters ending December 2025 and March 2026. It then filed a portfolio of eight stocks worth $418.7 million as of June 30, 2026, with 72% invested in energy and power companies. The largest positions include Amazon, Vista Energy, and Vistra.