Credit Suisse analyst Dan Levy categorized last week's lack of movement in GM shares as Wall Street "looking past" near-term accomplishments and focusing on long-term strategies for electric and autonomous vehicles.multiyear $11 billion restructuring plan
"While the product opportunity is bright with F-150 and Bronco, and there could be upside to '21 as these products bear fruit, there is nevertheless significant work ahead on global redesign," Levy wrote.Ford reported an adjusted pretax loss of $1.9 billion after warning investors in April that it expected to lose more than $5 billion. Its automotive revenue of $16.6 billion exceeded the $15.95 billion analysts expected.
cnbc It seems Americans trend towards usedcars or driving their older cars during tough times. See the interesting data in the Reuters article below about how the industry is bifurcated during different cycles. GVICorp $AUTO cars economy
DearMichigan this is what your Big Gretch did to the state. How many lives saved was worth the 1M out of a job? How many of those will now go to alcohol, drugs, and eventually suicide. Just 2% means 20,000 dead. 6,500 died of COVID. Big Gretch is a murderer for politics.
They've all got electric cars in the pipeline, so they should just declare themselves tech stocks and watch their share fly.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vital Farms’ Blockbuster IPO Proves Wall Street Has An Appetite For Sustainable Farming“I was always looking for the exit. Instead of looking to get rich, I realized I could build a company where I was focused on employees, customers, shareholders, and the environment,” Vital Farms founder Matt O’Hayer says. chloesorvino Love their products! chloesorvino Suck my cable your highness:
Source: Forbes - 🏆 394. / 53 Read more »
The hidden way Wall Street funds police misconductWith the topic of police reform front and center, the little-known role of the municipal bond markets has largely flown under the radar. CNBC's Leslie Picker reports. You PEOPLE are SICK. BackTheBlue !!! Andrew & CNBC always trying to make DEM look better than they are; CANCELCNBC DEFUNDCNBC
Source: CNBC - 🏆 12. / 72 Read more »
What to watch today: Dow to rise as Wall Street monitors D.C. coronavirus relief talksStock futures were higher as Congress negotiates the next relief package and Eli Lilly announces late-stage trial for Covid-19 drug. Biden so close to picking VP he can smell her. I don’t give a hoot about Wall Street. It’s just a bunch of greedy pariahs tryna make money offa the horrible plight and failed leadership currently in America. What Wall Street is doing is not paying my rent or putting food on my table. Wall Street is just rich folk folly. I’m sick of the stock market worship and the perceived power everyone thinks it has. It is not a real indicator of anything that is truly going on in America. As soon as people figure that out, the better. It is one tool In many. That’s it.
Source: CNBC - 🏆 12. / 72 Read more »
The day-trading boom is a 'welcome phenomenon,' and has actually helped to reduce market volatility, a veteran Wall Street trader says | Markets InsiderA veteran Wall Street investor says the rise in day trading is a 'welcome phenomenon' and has helped decrease market volatility, Bloomberg repor...
Source: BusinessInsider - 🏆 729. / 51 Read more »
‘The Moms Are Here’: ‘Wall of Moms’ Groups Mobilize NationwideThe movement that started with a few dozen moms in Portland now has offshoots in cities across the country.
Source: Women 2.0 - 🏆 149. / 63 Read more »
Wall Street's top analysts say stocks like Qualcomm and Spotify have compelling upside potentialYour weekend brief: Wall Street's top analysts say stocks like Qualcomm and Spotify have compelling upside potential Vote for me ne because you hate trump, not because i am better $QCOM Wall Street’s top analysts are literally never right
Source: CNBC - 🏆 12. / 72 Read more »