Wells Fargo moved its rating to underweight for the two automakers, citing rising costs for electric vehicles.
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Wells Fargo double downgrades Ford and GM, says 2022 could be ‘peak profits’ for legacy automakers
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Paramount earnings, revenue beat expectations as streaming business offers a boost
An aerial view of the Paramount logo on the water tower at Paramount Studios on Feb. 23, 2026, in Los Angeles. Justin Sullivan | Getty Images Paramount Skydance topped Wall Street’s revenue and earnings estimates for the first quarter on Monday, as the media company got a boost from its streaming and film businesses. The […]
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How Chinese carmaker Geely put roots in the U.S.
Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights, a consultancy that focuses on electric vehicles and autonomous markets. Despite the United States […]
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Anthropic teams with Goldman, Blackstone and others on $1.5 billion AI venture targeting PE-owned firms
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Anthropic said Monday it is partnering with private equity giants Goldman Sachs and Blackstone to launch a $1.5 billion firm aimed at […]
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