Markets sagged throughout the course of today’s trading session after starting mixed, with the Dow basking in Microsoft’s MSFT stellar previous-afternoon’s earnings report. It finished down -105 points, -0.32%, and it was the top-
Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) rising 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling almost 2%.
Production at a Ford Motor Company engine plant in Canada could halt by next Wednesday if there are no changes to a United Auto Workers strike in Kentucky, a Canadian union representative told Reuters.
Canadian labor union Unifor said on Wednesday that it is prioritizing discussions around the EV transition for the Brampton assembly plant in its labor contract talks with Chrysler parent Stellantis NV.
The WisdomTree U.S. Total Dividend Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 504,000 shares traded versus three month average volume of about 27,000. Shares of DTD were off about 0.8% on the day.
Production at a Ford Motor Company engine plant in Canada could halt by next Wednesday if there are no changes to a U.S. strike by the United Auto Workers, a Canadian union representative told Reuters.
EV stocks, including Tesla, have fallen sharply over the last couple of weeks, with some crashing to record lows. Here's what's wrong with the industry that once looked quite promising, and a look at what's next for EV stocks.
The third-quarter earnings season for the Auto-Tires-Trucks sector began on Oct 18. So far, four S&P 500 sector components — Tesla, Genuine Parts, PACCAR and General Motors — have reported quarterly numbers. While Genuine Part
Investors are always looking for stocks that are poised to beat at earnings season and Ford Motor Company F may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their rep
South Korean battery firm LG Energy Solution (LGES) on Wednesday posted a 40% rise in quarterly profit, helped by increased output from its U.S. joint venture factory with General Motors.
Wall Street ended higher on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and sparked a broad rally.
Wall Street gained ground on Tuesday as a spate of solid corporate earnings and upbeat forecasts stoked investor risk appetite and prompted a broad rally.
French tyre maker Michelin raised its forecast for full-year free cash flow before acquisitions to 2.3 billion euros ($2.4 billion) on Tuesday, from 2 billion euros.
Mobileye Global Inc. MBLY is slated to release third-quarter 2023 results on Oct 26, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at 17 cents and $530.
The United Auto Workers (UAW) union struck a General Motors assembly plant in Texas on Tuesday that builds the U.S. automaker's profitable full-size sport utility vehicles, in another significant expansion of the strike.
Automakers are in the midst of a transformational period as they rev up their transition to electric vehicle making. Among the contenders in this fierce competition is Ford Motor Company (NYSE: F). Its shares have sputtered a bit in the past five years, up by only 45% versus the
Wall Street closed mixed on Monday as the benchmark 10-year treasury yield came down after briefly breaching the 5% mark. Investors continue to closely monitor the third-quarter earnings season as well as the economic metrics to g
Ford F is set to release its third-quarter 2023 results on Oct 26, after the closing bell. The focal point of the auto giant’s earnings release will be its global wholesale volumes from the Ford Blue and Ford Pro segments.
General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as costs related to the United Auto Workers strikes jumped to $200 million a week during October.
General Motors on Tuesday withdrew its previous guidance for 2023 profits and near-term electric vehicle production as costs related to the United Auto Workers strikes jumped to $200 million a week during October.