Ford Motor (F) call put ratio 1.6 calls to 1 put into quarter results

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Deutsche Bank Downgrades Ford (F) to Sell 'on operational shortfalls and earnings risk'

February 3, 2023 6:08 AM EST

Deutsche Bank analyst Emmanuel Rosner downgraded Ford (NYSE: F) from Hold to Sell with a price target of $11.00 (from $13.00).

The analyst comments "We are downgrading our Ford rating to Sell, following its large 4Q22 miss and new aggressive 2023 guidance, which in our view showcase considerable... More

Rivian (RIVN) to cut jobs by 6% amidst price war

February 1, 2023 11:56 AM EST

Reuters reports in an exclusive story Wednesday that Rivian Automotive (NASDAQ: RIVN) is laying off 6% of its workforce in an effort to cut costs. The American EV maker, already grappling with falling cash reserves and a weak economy, is now bracing for what may be an industry-wide price war.

The falling EV prices were kicked off by cuts made recently by Elon Musk-led Tesla and Ford... More