Ford plans to sell over 100,000 units of its new Fathom electric truck in its first production year, priced around $30,000. The Fathom features Apple Maps integration and Ford's hands-free BlueCruise system, with more passenger space than the Toyota RAV4. Meanwhile, Nvidia acquired AI platform Hugging Face for $12.9 billion, reinforcing its AI leadership. New York City will ban generative AI use in public elementary and middle schools for one year starting 2026. Société Générale suggests buying dips in stocks amid expected Fed rate hikes if the yield curve stays uninverted.
Toyota is experiencing a surge in demand, with only a 35-day supply of inventory, the lowest among all car brands in the US. Popular models like the RAV4 Hybrid are currently unavailable due to high sales. This contrasts sharply with competitors like...
General Motors (GM) beat earnings estimates and announced a $20 billion buyback, yet its stock dropped due to rising cost concerns. Ford offers a much higher dividend yield of nearly 5%, making it attractive for income-focused investors, while GM's y...
General Motors reported better-than-expected Q3 earnings and announced a $20 billion share buyback, but its stock fell 6% as the company narrowed its full-year profit guidance without raising midpoints. GM's adjusted EPS was $3.70, beating estimates,...
