General Motors (NYSE:GM) published a better-than-expected set of Q4 2022 results on Tuesday, driven by continued strong demand, particularly in North America, and signs that supply chain conditions were improving after over a year of shortfalls. Over the quarter, revenue rose 28%
Ford Motor said on February 2, 2023 that its board of directors declared a regular
quarterly dividend of $0.15 per share ($0.60 annualized).
Shareholders of record as of February 10, 2023
will receive the payment on March 1, 2023.
Previousl
In this week's video, I cover everything you need to know about news related to Tesla (NASDAQ: TSLA) during the week of Jan. 30. Today's video will focus on Tesla's sales in China, potential new factory locations, 10-Q, and the highlights of General Motors' and Ford's earnings re
Governments worldwide are incentivizing the adoption of EVs. That's a tailwind for companies like Ford (NYSE: F) and Plug Power (NASDAQ: PLUG). This video will determine which EV stock is the better buy.
Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible for tax credits.
What happened
Shares of Ford Motor (NYSE: F) gained last month as the automaker benefited from solid gains across the stock market, as inflation cooled off and expectations increased that the Federal Reserve would slow down interest rate hikes.
For investors, the automotive industry isn't for the faint of heart. Intense competition, historically brand-loyal consumers, and capital-intensive manufacturing are some of the reasons the list of failed and bankrupt automakers is extensive.
Rivian RIVN is laying off 6% of its workforce in a bid to control costs as the electric vehicle (EV) startup is reeling under a cash crunch. This is the second time that the company will be trimming its headcount in less than a year. It should be noted that Rivian had lai
The NASDAQ 100 After Hours Indicator is down -7.42 to 12,565.94. The total After hours volume is currently 79,958,303 shares traded.The following are the most active stocks for the after hours session: Agree Realty Corporation (ADC) is -1.08 at $72.99, with 10,052,446 shares tra
Major U.S. stock indexes ended lower on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal Reserve action, while investors digested a mixed bag of megacap company earnings reports.
Major U.S. stock indexes ended lower on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal Reserve action, while investors digested a mixed bag of megacap company earnings reports.
Consumer stocks were ending broadly lower in Friday trading, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) retreating 3.3%.
Formula One world champions Red Bull took their season launch to the United States on Friday with a spray of pyrotechnics in front of a rapt, standing room-only Manhattan crowd as fans braved the bitter cold outside.
Major U.S. stock indexes fell in choppy trading on Friday after surprisingly strong jobs data sparked concerns about aggressive Federal Reserve action, while investors digested a mixed bag of megacap company earnings reports.
Consumer stocks were broadly lower in Friday trading, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) retreating 2.6%.
U.S. stock indexes pared declines by afternoon on Friday as
a strong jobs report that initially raised fears of the Federal
Reserve keeping interest rates higher for longer also pointed to
the resilience in the economy in the face of aggressive policy
tightening.
Ford F reported adjusted earnings of 51 cents per share in fourth-quarter 2022, missing the Zacks Consensus Estimate of 60 cents. Lower-than-expected profits from all but International Markets Group unit led to this downslide. The bottom line improved 96.2% from the year-
Ford Motor Co's disappointing quarterly results underscored that disruptions caused by the global semiconductor shortage are still bedeviling automakers, but some are suffering more than others.