General Mills, Ford, First Republic rise premarket; Coinbase, Chewy fall
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StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Ford (F) aims to build 500K EV trucks per year at new Tennessee plant
March 24, 2023 8:03 AM EDTFord said Friday that the American automaker plans to build up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee. Part of the companys plan to have global EV production capacity of 2 million vehicles a year in place by the end of 2026.
BlueOval City will assemble several versions of Fords next-generation F-series electric pickup, which the company calls Project T. The plant will also have a battery plant capable of... More
Ford (F) announces next-gen EV pickup coming in 2025
March 24, 2023 7:48 AM EDTFord Motor (NYSE: F) announced Friday that the American automaker is gearing up for the next step in its EV truck business with Project T3.
The company said its preparing to build its next-gen electric truck, code-named Project T3, at its upcoming BlueOval City EV vehicle and battery... More
UBS survey shows slowing pace of EV sector
March 24, 2023 7:38 AM EDTUBS conducted the seventh wave of its annual UBS Evidence Lab EV consumer survey with results showing 46% of consumers are likely to consider buying a fully electric car (BEV), a 3%-pts decrease y/y, marking the first sequential decline since the surveys inception in 2016. Analyst Patrick Hummel believes that the decline was driven by European markets on affordability concerns.
Hummel wrote in a note, While we... More
