Ford Motor Co
Musk-Trump alliance: Why the onetime enemies are teaming up to win the White House
Tesla and SpaceX CEO Elon Musk listens to President Donald Trump during a meeting with business leaders in the State Dining Room of the White House in Washington, Feb. 3, 2017. Evan Vucci | AP NASHVILLE, Tenn. — Former President Donald Trump’s highly anticipated keynote address at the biggest bitcoin gathering of the year late […]
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Ford turns ‘dirty’ business into a profit driver. GM and Stellantis are taking notice
2023 Ford Super Duty F-350 Limited Ford DETROIT — A once “dirty” word, and business, in the automotive industry has become a multibillion-dollar battleground for U.S. automakers, led by Ford Motor. The Dearborn, Michigan-based automaker has turned its fleet business, which includes sales to commercial, government and rental customers, into an earnings powerhouse. And Ford’s […]
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Ford reveals 2025 Maverick pickup with new technologies, hybrid options
DETROIT — Ford Motor has redesigned its small Maverick pickup truck, adding more technology, new performance and hybrid options to the vehicle. Updates to the 2025 Ford Maverick include refreshed exterior and interior styling, including a 13.2-inch center touchscreen; an all-wheel-drive hybrid option; and connectivity features such as a 5G modem and wireless Apple CarPlay […]
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CNBC Daily Open: Asian shares slide, U.S. stocks flat ahead of Big Tech earnings; McDonald’s earnings miss
Traders work on the floor of the New York Stock Exchange during afternoon trading on Jan. 22, 2024. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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CNBC Daily Open: U.S. stocks little changed ahead of Big Tech earnings, McDonald’s misses estimates
Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 30, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Investors are punishing stocks that miss earnings more than normal this season
Companies with disappointing quarterly results are getting punished more than usual this earnings season. Second-quarter earnings misses have resulted in an average 3.8% decline for a stock from two days before the quarterly release through the two days after the report comes out, according to FactSet. That’s compared to the five-year average price decrease of […]
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Ford, GM, Stellantis face a daunting second half of 2024
New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot on October 03, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images DETROIT – The last time shares of Ford Motor dropped by more than 18% in a day, as they did last week, the U.S. automotive industry was on […]
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Stocks making the biggest moves before the bell: McDonald’s, Tesla, Stellantis and more
Check out the companies making headlines in premarket trading. McDonald’s — Shares were down slightly in the premarket after the fast food giant reported second-quarter results that missed analyst expectations . McDonald’s also said its same-store sales — a key metric for restaurants — declined broadly. Revvity — Shares gained 6% after the life sciences […]
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Hyundai Motor posts record Q2 profit on strong U.S. sales, to boost hybrid lineups
The Hyundai display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC Hyundai Motor reported record quarterly profit and revenue on Thursday on strong sales of high-margin cars and said it would expand hybrid lineups to brace for possible changes in U.S. electric vehicle policies following the election. Its forecast-beating performance helped […]
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Stocks making the biggest moves midday: Ford, Viking Therapeutics, ServiceNow and more
Check out the companies making headlines in midday trading: Ford Motor — The automaker’s stock fell more than 17% after reporting second-quarter earnings that missed Wall Street’s expectations. Ford posted adjusted earnings per share of 47 cents compared to the consensus forecast of 68 cents, according to LSEG. However, automotive revenue of $44.81 billion came […]
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