Nasdaq F Ford

Ford Motor Co on Friday amended its bylaws to adopt gender-neutral language in an effort to build more inclusive workplace.

The Vanguard Total World Stock ETF is seeing unusually high volume in afternoon trading Friday, with over 4.4 million shares traded versus three month average volume of about 1.7 million. Shares of VT were up about 1.2% on the day.

Consumer stocks were advancing ahead of Friday's market open as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.46% while the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently up 0.66%.

[Updated 07/07/2020] Ford’s Stock Update

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The NASDAQ 100 Pre-Market Indicator is down -225.46 to 14,585.08. The total Pre-Market volume is currently 36,986,310 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.38 at $9.03, with 6,351,766 shares t

Swiss competition watchdog WEKO has fined Ford's Swiss leasing company 7.7 million Swiss francs ($8.32 million) in a step concluding a multi-year probe into multiple car leasing firms' coordination activities, it said on Thursday.

South Korea's Samsung SDI Co may build a battery cell plant in the United States to support the auto industry's shift to electrification, a company source with close knowledge of the matter told Reuters on Thursday.

The NASDAQ 100 After Hours Indicator is up 4.19 to 14,814.73. The total After hours volume is currently 64,848,234 shares traded.The following are the most active stocks for the after hours session: Apple Inc. (AAPL) is +0.1 at $144.67, with 3,969,513 shares traded. As reported

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As electric vehicles (EV) chomp up more market share in the auto industry, two companies lead the charge. Tesla, Inc. (TSLA) and Nio (NIO) are both exclusively EV producers, so they can focus solely on their technology and business models. Both are vertically integrated, which minimizes dependency on global supply chains. Finally, sales at both companies have swelled well over 100% year-over-year. (See Tesla stock chart and Nio stock chart on TipRanks)  

Reporting on the companies' successes and future outlooks is Vijay Rakesh of Mizuho Securities, who explained that year-over-year, Tesla and Nio have increased their sales 121% and 112%, respectively. He expects Nio’s sales momentum to continue through the year’s end, and said that globally, “Tesla’s lead remains unchallenged.”  

Rakesh maintained Buy rating for both of the stocks, and declared a price target of $820 for Tesla, and $65 for Nio. For Tesla, this would reflect a possible 24.32% 12-month upside, and for Nio, a possible 29.25% upside, from Tuesday's closing prices.  

The five-star analyst spoke of a bright second half of 2021 for the two auto manufacturers. He stated that Nio could exceed the expected amount of battery swap stations by the year’s end, and that Tesla is planning to begin production at its two new Gigafactories in Austin and Berlin.  

Aside from Nio’s domestic competition from Li Auto (LI) and XPeng (XPEV), large traditional auto manufacturers are fumbling to get their responses out into the market. Rakesh wrote that Ford (F), Mercedes (DDAIF), and Volkswagen (VWAGY) are said to be finding it difficult to manage both conventional and electric engines in their product lines.  

There is, of course, a slight downside. Rakesh elaborated that Tesla could be facing a possible slowdown of sales in China, and its concentrated product line leaves it largely dependent on two particular models. Additionally, it is within the realm of possibility that both companies may be subject to production delays caused by the semiconductor chip shortages currently affecting global supply chains. 

However, the analyst remained staunchly bullish. He added that Nio will eventually begin its penetration into international markets, which could amount for 25-30% of its overall sales. He enthusiastically wrote that Nio “remains on track to be the first major Chinese EV OEM to realize commercial success overseas.” 

On TipRanks, TSLA and NIO have analyst rating consensi of Hold and Strong Buy, respectively. The average Tesla price target is $653.95, reflecting a possible 12-month downside of –0.85%. The average Nio price target is $63.63, reflecting a possible 12-month upside of 26.53%.  

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 

Retail investors have become a force in the stock market. Now more than ever, even Wall Street's finest look closely at what ordinary investors are doing on the Robinhood app and at other retail-oriented brokerage companies.

The U.S. Commerce Department on Tuesday released a confidential Trump administration report that was the basis for the former president's threats in 2019 to impose tariffs on imported automobiles on grounds of national security.

The NASDAQ 100 After Hours Indicator is down -5.82 to 14,780.54. The total After hours volume is currently 90,760,324 shares traded.The following are the most active stocks for the after hours session: Intel Corporation (INTC) is +0.07 at $56.16, with 5,760,335 shares traded. IN

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in AbbVie Inc (Symbol: ABBV), where a total of 23,592 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 42.6% o

Volkswagen is to sell a stake in its electric vehicle charging unit Electrify America, two people familiar with the matter said, as the carmaker looks for outside funds to build infrastructure for battery-powered cars.

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Volkswagen is to sell a stake in its electric vehicle charging unit Electrify America, two people familiar with the matter said, as the carmaker looks for outside funds to build infrastructure for battery-powered cars.

In this episode of Industry Focus: Energy, Motley Fool auto specialist John Rosevear joins the show to break down the whirlwind of bad news that's hit Lordstown Motors (NASDAQ: RIDE) over the past month. And he shares his thoughts on a variety of other auto-related news, includin