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U.S. Commerce Secretary Gina Raimondo is planning to meet with chip giants and top automakers in a summit to address the global semiconductor shortage.An invitation viewed by Bloomberg says the event will start on May 20 and aims to create "an open dialogue around semiconductors and supply ch...
Ford Motor Company (NYSE: F) said that its upcoming electric pickup truck will take a name from its past -- "F-150 Lightning" -- and that it will be fully revealed at a live-streamed event on May 19. Ford's much-anticipated electric F-150 is expected to go head-to-head with elec...
This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of General Motors (NYSE: GM) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The transformation from petrol and diesel vehicles to electric vehicles is an important part of the global push towards cleaner energy. Electric vehicle stocks have outperformed traditional automakers in the last year. It...
Ford has been underperforming other major car manufacturers by a wide margin on different metrics. The company is undergoing a Strategic Redesign to make it more competitive again. Even though Ford is trading below its current intrinsic value, I believe it is not a good investment...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dogecoin (CCC: DOGE-USD ) was an unlikely candidate for “Millionaire Maker 2021.” But it defied the odds, shot up significantly, grew an even larger (and more rabid) fanbase and made some investors rich ...
The global semiconductor shortage is weighing heavily on auto industry earnings in 2021. For example, Ford Motor Company posted strong first-quarter earnings last week but warned that it would earn minimal profits for the rest of 2021 due to the shortage. However, General Moto...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Vaccine chatter Stocks of COVID-19 vaccine developers are trending lower after U.S. Trade Representative Katherine Tai announced support for a waiver of in...
General Motors Company (GM) Q1 2021 Earnings Conference Call May 5, 2021 9:00 AM ET Company Participants Rocky Gupta - Vice President of Investor Relations and Treasurer Mary Barra - Chairman and Chief Executive Officer Paul Jacobson - Executive Vice President and Chief Financial Officer Conf...
U.S. stocks rebounded on Wednesday as strong earnings results and economic optimism pushed the Dow Jones Industrial Average to a record high. The Dow Jones Industrials gained 97.31 points to end the session at 34,230.34. The S&P 500 eked higher 2.93 points to 4,167.59. T...
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U.S. chipmaker Nvidia Corp. (NASDAQ:NVDA) has joined as a new investor in a $1.05 billion funding round for Wayve Technolo...
In a significant development for the electric vehicle (EV) industry, Chinese-made EVs are poised to challenge the U.S. auto market but face a major...
Auto major General Motors Co (NYSE:GM) backed Chinese self-driving company Beijing Momenta Technology Co. has reportedly filed ...