Express News | Elon Musk: "The American auto industry is very difficult", only Ford and Tesla have not gone bankrupt yet.
Cost reduction, Stranitis will close and sell large-scale testing facilities.
Stellantis CEO Carlos Tavares, an auto manufacturer, plans to close and sell its large automotive test track in Arizona by the end of this year. This decision is the latest cost-cutting measure taken under the leadership of the company's CEO, Tavares. Due to poor financial performance, layoffs, and overall business decisions, Tavares is facing increasing pressure from Wall Street, dealers, and the United Auto Workers union. The Arizona test track is located between Yucca in Phoenix, Arizona, and Las Vegas.
Stellantis to Sell Arizona Testing Grounds in Further Cost-cutting Measure
Is It Time To Consider Buying Ford Motor Company (NYSE:F)?
The market is skeptical about Elon Musk's 'Robotaxi pie' painted by Musk, and the high valuation of Tesla (TSLA.US) is on the verge of collapse.
Tesla CEO Musk's 'Robotaxi Blueprint' has not been endorsed by investors. Since launching this self-driving taxi last week, Tesla's stock price has fallen by 7.5%.
Wells Fargo Maintains Ford Motor(F.US) With Sell Rating, Maintains Target Price $9
Ford Motor (F) Receives a Sell From Wells Fargo
Barclays downgrades ford motor target price to $14.
Grundon October 18th | Barclays: lowered ford motor's target price from $16 to $14, maintaining a "shareholding" rating. (Grundon)
"Trump Trade" is restarting, what are the differences?
The new change of the "Trump trade" is that US technology stocks are more resilient, energy stocks are weaker, US bond yields are falling instead of rising, and gold is performing stronger. Ping An Securities believes that the current situation is still in a stalemate, and it is uncertain how far the "Trump trade" can go.
Express News | Ford Foundation's Zhang Meiling: ESG is ultimately for the whole mankind.
Trump Sees Harris's Fox Interview as 'Tough but Very Fair'
New Ford Pro Tool Runs the Numbers to Show Where Electric Makes Cents
Trump, big comeback! Is the 'Trump trade' making a comeback?
"Trump trade" is gaining momentum. The long-dormant "Trump trade" seems to be making a comeback. Among them, the stock price of the Trump Media and Technology Group has been soaring, with the stock price skyrocketing over 15.5% on October 16th Eastern Time, a cumulative increase of over 166% compared to the September low. At the same time, the "Trump trade" is boosting the prices of bitcoin and the US dollar. On the news front, there has been a major turnaround in Trump's election prospects. As of October 16th local time, a latest nationwide poll released by Fox News shows Trump leading Harris by 50% to 48%, which is different from September.
No matter who takes over the White House, financial trading activities will pick up.
Whether it's Donald Trump or Kamala Harris taking office in the White House, the market generally expects financial trading activities to heat up, bringing good news to Citigroup, Goldman Sachs, JPMorgan, and other major banks.
Express News | According to the average of the betting market provided by the website RealClearPolitics that summarizes gambling odds, as of the evening of October 16th local time, Trump's chances of winning have reached 57.7%, the highest level since July 22, far ahead
Billionaire investor Druckenmiller: The market is very confident that Trump will win.
Legendary investor Stan Druckenmiller stated that the market is digesting Trump's election victory, and the Federal Reserve's significant interest rate cut in September was a mistake. He also mentioned that selling all his nvidia shares was a major error.
Ford Motor Options Spot-On: On October 16th, 117.9K Contracts Were Traded, With 3.08 Million Open Interest
On October 16th ET, $Ford Motor(F.US)$ had active options trading, with a total trading volume of 117.9K options for the day, of which put options accounted for 27.33% of the total transactions, and
Ford (NYSE:F) Gains With New Battery Patent
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
Positive Earnings Growth Hasn't Been Enough to Get Ford Motor (NYSE:F) Shareholders a Favorable Return Over the Last Three Years