statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Bitcoin

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Invesco QQQ Trust Series 1

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Shares of Ford Motor Co fell over 13% during Thursday’s pre-market session after the company’s second quarter earnings came in lower than Street expectations. Earnings per share came in at $0.47 compared to a Street expectation of $0.68. Net income dropped nearly 5% year-over-year (YoY) to $1.83 billion.However, revenue came in at $47.81 billion, higher than a Street estimate of $44.88 billion.&nbsp; Despite the disappointing earnings, retail sentiment trended in the extremely bullish territory (81/100), possibly based on expectations of a comeback.<figure class="image"><img style="aspect-ratio:1568/436;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_07_25_at_8_43_56_AM_f93076aa61.png" alt="Retail sentiment trends in extremely bullish zone for Ford Motor Co" width="1568" height="436"><figcaption>Retail sentiment trends in extremely bullish zone for Ford Motor Co</figcaption></figure>Ford pointed out that profitability was affected by an increase in warranty reserves but efforts to lift the quality of new products are starting to pay off.The auto-maker said expectations for the full-year 2024 adjusted earnings before interest and tax (EBIT) remained unchanged at $10 billion to $12 billion. Investors, however, were expecting the company to raise its guidance.Ford President and CEO Jim Farley said that the company’s restructuring plan Ford+ is on track. The company, meanwhile, declared a third-quarter regular dividend of $0.15 per share, payable September 3 to shareholders of record at the close of business on August 7.From a segmental basis, the company’s traditional business Ford Blue reported an EBIT of $1.17 billion while its commercial business Ford Pro reported an EBIT of $2.56 billion. The firm stated that demand by commercial customers for Super Duty trucks and Transit commercial vans is outstripping production capacity.The Ford Model e reported an EBIT loss of $1.14 billion amid ongoing industry-wide pricing pressure on first-generation electric vehicles and lower wholesales. These factors more than offset about $400 million in year-over-year cost reductions in the segment, the company said. An anticipated full-year loss of $5 billion to $5.50 billion for Ford Model e is unchanged, with continued pricing pressure and investments in next-generation electric vehicles, it added.The stock is currently trading at a price-to-earnings of 14.09. Stocktwits users, meanwhile, are talking about the cheap valuation of the stock. One user named “JDR1983” believes the stock deserves a much higher multiple than its current valuation.<figure class="image"><a href="https://stocktwits.com/JDR1983/message/580634528"><img style="aspect-ratio:1546/454;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_07_25_at_8_45_03_AM_d79594ae9f.png" alt="Stocktwits user JDR1983's post on Ford" width="1546" height="454"></a><figcaption>Stocktwits user JDR1983's post on Ford</figcaption></figure> Photo Courtesy: Nadine Shabana from Unsplash

Retail Shrugs-Off Ford’s Huge Earnings Miss: But Wall Street Hammers The Stock

Earnings per share came in at $0.47 compared to a Street expectation of $0.68. Net income dropped nearly 5% year-over-year (YoY) to $1.83 billion. 

Equity

Earnings per share came in at $0.47 compared to a Street expectation of $0.68. Net income dropped nearly 5% year-over-year (YoY) to $1.83 billion. However, revenue came in at $47.81 billion, higher than a Street estimate of $44.88 billion.


Retail sentiment flipped into the extremely bullish territory (80/100) for Ford Motor Co after the company announced it will invest approximately $3 billion to expand its F-series Super Duty production and said it will assemble the pick-ups at its Oakville Assembly Complex in Ontario, Canada, starting in 2026. The $3 billion investment is inclusive of a $2.30 billion investment to install assembly and integrated stamping operations at the Oakville Assembly Complex.<figure class="image"><img style="aspect-ratio:788/217;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2024_07_18_at_12_16_06_PM_7ad2fab066.png" alt="Retail sentiment in extremely bullish territory for Ford Motor" width="788" height="217"><figcaption>Retail sentiment trends in extremely bullish territory for Ford Motor</figcaption></figure>Ford said the move to add production of up to 100,000 units of its best-selling Super Duty to Oakville expands Super Duty production across three plants in North America. This includes Kentucky Truck Plant and Ohio Assembly Plant, which are operating at full capacity.The facility was earlier reserved for Ford’s electric vehicle (EV) production. Last year, Ford had announced it will invest about $1.30 billion in the Oakville Assembly plant for a transition of the facility to a new electric hub. The latest development comes in the wake of a slowing electric vehicle market and intensifying competition in the space, and shows Ford is trying to squeeze more profits from its internal combustion engine (ICE) vehicle lineup while it can.Goldman Sachs recently stated that sales momentum for EVs is slowing globally, and hybrids (HEVs) and plug-in hybrids (PHEVs) are proving more competitive than first thought.“We’re seeing rising concerns around EV capital costs due to lower prices being realized for used EVs. In the UK, for example, EV used car prices have fallen sharply in recent months. Two, uncertainty around a number of elections this year has decreased visibility on potential changes to government policies affecting the EV industry,” the firm said while adding that rapid charging station infrastructure issues have emerged as a tangible problem.Shares of Ford were trading nearly 2% higher on Thursday. The stock has returned over 21% since the beginning of the year.Recently, Barclays analyst reportedly maintained a ‘Buy’ rating on the stock with a price target of $17. The stock is currently trading at $14.77, indicating an upside potential of 15%. &nbsp;

Retail Investors Cheer Ford’s Decision To Expand F-Series Production At Canadian Plant Previously Reserved For EV Production

The sentiment meter flipped into the extremely bullish territory following Ford’s announcement to expand F-series production at its Canadian plant. The latest development comes in the wake of a slowing electric vehicle market and intensifying competition.

Invesco Exchange-Traded Fund Trust II - Invesco S&P Ultra Dividend Revenue ETF

Volume	67,548.00
52-Wk High	$45.86
52-Wk Low	$34.64

RDIV Invesco Exchange-Traded Fund Trust II - Invesco S&P Ultra Dividend Revenue ETF

About

Feed

News

Sentiment

Fundamentals