|Day's range||7.20 - 7.20|
Yahoo Finance Live takes a look at several stocks trending after Tuesday's closing bell.
Stellantis (STLA) invests in Lyten to help the latter develop applications for Lithium-Sulphur EV batteries, lightweighting composites and onboard sensing solutions.
Ford (F) and Tesla (TSLA) join forces, allowing the former access to 12,000 Tesla Superchargers. Meanwhile, AutoZone's (AZO) fiscal Q3 earnings top estimates, while sales miss mark.
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 30th. Please refresh for updates.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Ford, Coinbase, Constellation Brands, Equitrans Midstream , and Boston Beer. Ford (NYSE:F) shares climbed nearly 3% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $13.00, as InvestingPro reported in real time.
Cummins' (CMI) spinoff Atmus makes a strong market debut, with an 11% surge in its IPO. Discover how Atmus is poised to capitalize on global demand for its filtration products.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) finished at their best levels of the year, although the Dow Jones Industrial Average (DJINDICES: ^DJI) remains well off its 2023 highs as tech stocks once again took center stage. Tesla (NASDAQ: TSLA) made a big deal with automaker rival Ford Motor Company (NYSE: F), and while the advantages for Ford customers are obvious, it's not entirely clear whether the gains that Tesla will reap from the arrangement will outweigh the potential loss of goodwill from its notoriously loyal customers. Ford and Tesla announced that Ford's electric vehicle customers will get access to the Tesla Supercharger network beginning in early 2024.
The CEOs of Tesla (NASDAQ: TSLA) and Ford (NYSE: F) announced a new arrangement between the two companies last night, and both stocks are popping today because of it. Tesla shares closed higher by 4.7% and Ford by 6.3% on the day. Starting next year, Ford electric vehicle (EV) owners will be able to utilize Tesla's extensive network of Superchargers in the U.S. and Canada.
Yahoo Finance Live's Akiko Fujita and Seana Smith break down the deal that will allow Ford EV owners to use Tesla's superchargers sometime next year.
Entering into a groundbreaking deal, Tesla agrees to grant Ford access to over 12,000 Tesla V3 superchargers in 2024. Take a look into how it will help the EV market to grow and which ETFs to consider.
(Bloomberg) -- Ford Motor Co. struck a deal with rival Tesla Inc. to give its electric-vehicle customers access to the Tesla Supercharger network, a move toward a single industry standard to simplify recharging.Most Read from BloombergBiden, McCarthy Forge Debt-Limit Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engin
Ford (F) partners with Tesla to provide customers access to 12,000 Tesla Superchargers across the United States and Canada, starting early 2024.
Following the announcement Ford owners will have access to Tesla superchargers next year, the Yahoo Finance Live team discusses the partnership between the auto giants.
Investing.com -- Tesla Inc (NASDAQ:TSLA) shares rose by 6% on news of an agreement with Ford Motor Company (NYSE:NYSE:F). The deal allows Ford electric vehicle (EV) owners to access Tesla's extensive Supercharger network starting next year.
(Reuters) -Ford Motor Co shares jumped by more than 7% on Friday after the No. 2 U.S. automaker announced a deal allowing its electric-vehicle owners to access rival Tesla Inc's charging stations in North America. Tesla's Superchargers could become the standard for EV charging in the United States, Ford CEO Jim Farley told CNBC, but added: "With adapters and software, we really don't have to make a choice right now what the standard is, but I think it's going to play out in the free market." Ford shares were up 7.6% at $12.25 in afternoon trade, while Tesla shares rose 7.5% to $197.95.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investing.com -- Stocks are surging on Friday as investor optimism rose about lawmakers reaching an agreement on the debt ceiling in the next few days. Here are the market movers for May 26.
One simple way to benefit from the stock market is to buy an index fund. But many of us dare to dream of bigger...
DEARBORN, Mich., May 26, 2023--Ford President and Chief Executive Officer Jim Farley will discuss the Ford+ plan for growth and value creation leveraging software and deep customer understanding in a new era of connected, electric vehicles at the Alliance Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023, at 9:00 a.m. ET.
DEARBORN, Mich., May 25, 2023--Ford Motor Company said today it reached an agreement with Tesla Motors that will provide Ford electric vehicle customers access to more than 12,000 Tesla Superchargers across the U.S. and Canada, doubling the number of fast-chargers available to Ford EV customers starting Spring 2024.
New Constructs CEO David Trainer joins Yahoo Finance Live to discuss the EV market at large and details growing competition between Tesla and Ford.
Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing on cost at a smaller scale. "I think we see the Chinese as the main competitor, not GM or Toyota," Farley said at the Morgan Stanley Sustainable Finance Summit. "The Chinese are going to be the powerhouse."
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