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Ford Motor (F) has an average rating of overweight and mean price target of $15.88, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $14.82, Change: $-0.47, Percent Change: -3.04%
Consumer stocks were mixed late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.3%.In corporate news, Wingstop (WING) reported stronger-than-expected fiscal Q2 earnings and reiterated its global unit growth outlook. Its shares gained 3.5%.Netflix (NFLX) is paying $200 million for the broadcast rights to the 2027 Women's World Cup, Bloomberg reported. Netflix shares rose 1.3%.Ford (F) shares climbed 3.1% after the carmaker lifted its full-year core profit outlook, while it also reported an unexpected year-over-year increase in its Q2 earnings and recorded revenue above market estimates.Procter & Gamble's (PG) fiscal Q4 revenue fell short of market estimates, while the consumer goods giant said higher costs could weigh on its fiscal 2027 earnings. Its shares fell 2.7%.VF (VFC) shares fell past 17% after the apparel and footwear company reported a wider-than-expected fiscal Q1 loss despite topping Wall Street's revenue estimates.
Consumer stocks were higher Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.2%.In corporate news, Ford (F) shares gained 3.7% after the carmaker lifted its full-year core profit outlook, while it also reported an unexpected year-over-year increase in its Q2 earnings and recorded revenue above market estimates.Procter & Gamble's (PG) fiscal Q4 revenue fell short of market estimates, while the consumer goods giant said higher costs could weigh on its fiscal 2027 earnings. Shares fell 2.5%.VF (VFC) shares fell past 18% after the apparel and footwear company reported a wider-than-expected fiscal Q1 loss despite topping Wall Street's revenue estimates.
Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.7% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) easing 0.1%.In corporate news, Ford (F) shares rose 3.3% after the carmaker lifted its full-year core profit outlook, while it also reported an unexpected year-over-year increase in its Q2 earnings and recorded revenue above market estimates.
Ford Motor's (F) Q2 results show that losses in its electric vehicle business are likely to improve, showing potential to "dramatically" boost earnings before interest and taxes by 2029, RBC Capital Markets said in a Tuesday note.The auto maker raised its 2026 outlook for earnings before interest and taxes for the Model E segment by $250 million, implying that underlying profitability of the segment is improving by $1.8 billion, or 40%, RBC analysts said. They noted that the electric vehicle segment, which the company sees moving to profitability in 2029, and battery energy storage systems business are critical to Ford's investment thesis.Software and services are also seen as playing a key role in lifting profit margins to the target of 8% by 2029, with the company stating it now has more than 14 million connected vehicles and total paid subscriptions growing 50% year over year to 1.6 million, according to the note.If Ford is able to execute on its multi-year plan, it would become a "unique turnaround story" in the automobile sector, RBC said.RBC maintained the company's stock rating at sector-perform and raised the price target to $15 from $13.Price: $15.72, Change: $+0.75, Percent Change: +5.05%
Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) retreating 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) was flat.Unilever (UL) shares were down more than 2% pre-bell following a nearly 9% rise at the previous close. Reuters reported that the company agreed to protect the employment terms and conditions of workers in its European and UK food business for two years after its planned 2027 merger with McCormick (MKC). McCormick stock was fractionally higher.Ford Motor (F) shares rose more than 6% after the automaker lifted its full-year core profit outlook, while the company reported an unexpected year-over-year increase in its Q2 earnings and recorded revenue above market estimates.Lithia & Driveway (LAD) stock was 4% higher after the company reported higher Q2 adjusted earnings and revenue.
The main US stock measures were mostly trending higher in Wednesday's premarket activity as traders await a major policy decision by the Federal Reserve and the latest quarterly results of two of the largest technology companies.The S&P 500 rose 0.2% and the Dow Jones Industrial Average edged up 0.1% before the opening bell, while the Nasdaq declined 0.1%. The S&P 500 and the Dow finished Tuesday trading in the green, with the latter recording its third consecutive day of gains, while the Nasdaq closed lower for the fifth straight session.The Fed's monetary policy committee will announce its latest decision on interest rates at 2 pm ET. The probability of the central bank leaving its benchmark lending rate unchanged stood at about 66% on Wednesday, with the remaining odds in favor of a quarter-percentage-point increase, according to the CME FedWatch tool.Fed Chair Kevin Warsh is expected to hold a press conference at 2:30 pm."The doves are optimistic that inflation could cool further into year-end as the impact of tariffs rolls off and energy prices stabilize," Stifel said in a report Tuesday. "The recent rise in tensions overseas, however, coupled with (artificial intelligence)-sector price pressures suggest further upside inflationary risks remain, shifting the pendulum back into the hawk's camp."Treasury yields were up in premarket action, with the two-year rate increasing 2.9 basis points to 4.31% and the 10-year rate adding 1.6 basis points to 4.62%.Iran's Islamic Revolutionary Guard Corps launched multiple ballistic missiles in "an attempted surprise attack" on US forces based in the Middle East, the US Central Command said in a Tuesday post on the X platform. "All Iranian missiles were successfully intercepted," according to CENTCOM.In a separate statement, CENTCOM said it launched joint strikes with the Saudi Arabian armed forces against "Iran-aligned terrorists" in Iraq on Tuesday.West Texas Intermediate crude oil inclined 3.7% to $82.03 a barrel before the open, while Brent advanced 3.7% to $87.16.Microsoft (MSFT) and Meta Platforms (META) are scheduled to release their latest financial results after the markets close, along with Arm Holdings (ARM), Qualcomm (QCOM) and Starbucks (SBUX).Procter & Gamble (PG), Amphenol (APH), General Dynamics (GD), Johnson Controls (JCI), Boston Scientific (BSX), Humana (HUM) and GE HealthCare Technologies (GEHC) post their earnings before the bell, among others.Shares of Visa (V) decreased 0.8% pre-bell after the payments company reported its fiscal third-quarter results. Ford Motor (F) gained 4.3% as the automaker lifted its full-year core profit outlook. Lucid Group (LCID) was down 0.8% following a 21% jump at the close of Tuesday as Saudi Prince Alwaleed Bin Talal Al Saud disclosed a 5% stake in the company.Wednesday's economic calendar also has the weekly mortgage applications bulletin at 7 am, followed by the EIA domestic petroleum inventories report at 10:30 am.Gold slipped 0.2% to $4,032 per troy ounce, while bitcoin rose 1.4% to $64,588.
Ford Motor Company (F) has an average rating of hold and mean price target of $15.66, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Ford Motor (F) shares rose early Wednesday after the automaker lifted its full-year core profit outlook, while the company reported an unexpected year-over-year increase in its second-quarter earnings and recorded revenue above market estimates.Adjusted earnings before interest and taxes are now anticipated to come in between $10 billion and $11 billion for 2026, up from the company's previous projections of $8.5 billion to $10.5 billion, it said late Tuesday. During a conference call with analysts, Chief Financial Officer Sherry House said the revised guidance is driven by "strong pricing and mix," according to a FactSet transcript.The auto manufacturer forecasts US industry pricing to be up about 0.5% this year. The stock gained 4.7% in the most recent premarket activity.Ford's adjusted earnings came in at $0.42 a share for the June quarter, up from $0.37 the year before, defying the consensus on FactSet for a decline to $0.36. Revenue decreased 4% to nearly $48.3 billion, but topped the Street's view for $47.24 billion."Our second-quarter results demonstrate our resiliency and intentional actions to drive profitability," House said. "Revenue was impacted due to expected volume reductions stemming from lower Novelis aluminum supply and the sunsetting of certain vehicles as we refresh our portfolio."Revenue ticked up 1% in the company's Ford Blue division, but fell 5% in the Ford Pro segment. Sales tanked 56% in the electric vehicle business. Overall wholesale production slipped 12% to 1.04 million units.Ford incurred a $3.6 billion non-cash charge in the second quarter related to the disposition of the company's BlueOval SK battery joint venture, as well as $500 million of charges associated with the automaker's previously announced plans in December to scale back some of its EV operations.Earlier this month, Ford said its second-quarter new US vehicle sales declined 10% year over year to 549,200 vehicles.Last week, rival General Motors (GM) raised its full-year earnings outlook after logging a surprise annual gain in its second-quarter revenue. Electric vehicle giant Tesla (TSLA) reported an unexpected decline in its second-quarter earnings.Ford expects adjusted free cash flow of $6 billion to $7 billion for the ongoing year, compared with the prior guidance of $5 billion to $6 billion."Our guidance does not include potential impacts of a significant escalation in the Middle East or a material downturn in the US economy, which could have a substantial impact on industry demand," House said on the call.The Trump administration recently declined to extend the US-Mexico-Canada Agreement in its current form. The trade pact remains in force, but will now undergo annual reviews as Washington seeks changes to North American trade rules.Earlier this month, RBC Capital Markets said in a note that the US decision not to extend the USMCA could weigh on automakers like Ford and General Motors. However, the brokerage said a bilateral trade agreement between the US and Mexico could still be reached by late 2026 or early 2027.
(Updates with latest market prices and developments.)US benchmark equity indexes were mostly higher intraday as traders tracked fresh earnings reports, while the Federal Reserve kicked off its two-day monetary policy meeting.The Dow Jones Industrial Average was up 1.2% at 52,850.8 after midday Tuesday, while the S&P 500 rose 0.4% to 7,438.8. The Nasdaq Composite was little changed at 24,937.7. Most sectors were in the green, led by health care, while energy saw the sharpest drop.Sherwin-Williams (SHW) jumped 8.7%, the best performer on the Dow and the S&P 500, after the paint and coating manufacturer reported stronger-than-expected second-quarter results and raised its full-year outlook.Boeing (BA) and Coca-Cola (KO) were also among the biggest gainers on the Dow.The planemaker's second-quarter loss exceeded Wall Street's estimates, while its free cash flow turned positive. The beverage giant raised its full-year earnings growth outlook as it reported stronger-than-expected second-quarter results.Chip stocks were among notable laggards intraday, with Sandisk (SNDK) down 14%, the second-worst performer on the S&P 500. Micron Technology (MU) shed 8.8%, Advanced Micro Devices (AMD) declined 7.2% and Intel (INTC) was off by 4.9%.The Federal Open Market Committee's meeting began Tuesday, with a decision due Wednesday. The probability of the central bank leaving its benchmark lending rate unchanged was at about 70%, with the remaining odds in favor of a quarter-percentage-point increase, according to the CME FedWatch tool.With markets expecting no change to the Fed's monetary policy settings, the focus will be on the path forward for interest rates.Last month's bout of disinflation "only further complicates expectations for future inflation and the outlook for rates," Stifel said in a report Tuesday."The doves are optimistic that inflation could cool further into year-end as the impact of tariffs rolls off and energy prices stabilize," the brokerage said. "The recent rise in tensions overseas, however, coupled with (artificial intelligence)-sector price pressures suggest further upside inflationary risks remain, shifting the pendulum back into the hawk's camp."West Texas Intermediate crude oil declined 4.8% to $78.64 a barrel intraday, while Brent dropped 5.4% to $83.60."The oil market continues to sell off heavily, with the US and Iran continuing to hold off on further strikes," ING said.President Donald Trump said Monday that there was "a good chance" of a deal with Iran as talks continued, Reuters reported.Treasury yields were lower intraday, with the two-year rate down 5.2 basis points at 4.27% and the 10-year rate falling 3.9 basis points to 4.6%.In economic news, US consumer confidence unexpectedly fell in July, with "little improvement" in business conditions expected over the next six months, a survey by the Conference Board showed.Visa (V), NXP Semiconductors (NXPI) and automaker Ford (F), among others, are expected to release their earnings after market close.Gold fell 1% to $4,036.10 per troy ounce, while silver lost 2% to $57.55 per ounce.
US equity futures were mostly tracking in the red on Tuesday amid a selloff in chip stocks over concerns about artificial intelligence financing, while traders await the latest batch of corporate earnings.The S&P 500 declined 0.2% and the Nasdaq fell 0.9% in premarket activity, while the Dow Jones Industrial Average edged up 0.1%. The indexes finished the previous trading session mixed.Shares of Nvidia (NVDA) were down 0.9% pre-bell after closing Monday with a nearly 5% decrease. The tech bellwether is reportedly in talks to provide a roughly $250 billion backstop for OpenAI as part of a data-center project, raising concerns about "circular financing," in which suppliers are also major investors in their customers.Sandisk (SNDK) slipped 7.2% while Intel (INTC) was off 4.1%. Marvell Technology (MRVL) shed 4.9% and Qualcomm (QCOM) declined 2.9%. Advanced Micro Devices (AMD) dropped about 4%.West Texas Intermediate crude oil declined 2.2% to $80.86 a barrel before the opening bell, while Brent slid 2.3% to $86.32.US President Donald Trump told Axios on Monday that the US is in "very deep talks" with Iran, though he said military action could resume if diplomacy fails. His remarks came as the US apparently halted strikes against Iran."While this is the first tangible signal of de-escalation, the reasons behind it are less clear," ING Bank said in a report on Monday. "There's little explanation from the US. Also, it hasn't yet led to any meaningful pickup in vessel flows through the Strait of Hormuz."Tehran's foreign ministry continued to hold discussions with Saudi Arabia and Oman on Tuesday over the future of the Strait of Hormuz, CNBC reported.Coca-Cola (KO), Boeing (BA), S&P Global (SPGI), United Parcel Service (UPS), Royal Caribbean Cruises (RCL), Sherwin-Williams (SHW) and PayPal (PYPL) are some of the major companies scheduled to report their latest financial results Tuesday. Visa (V), NXP Semiconductors (NXPI) and automaker Ford (F) are expected to release their earnings after the markets close.The Federal Reserve's monetary policy committee is set to kick off its meeting on interest rates today, with a decision due Wednesday. The probability of the central bank leaving its benchmark lending rate unchanged currently stands at 64%, with the remaining odds in favor of a quarter-percentage-point increase, according to the CME FedWatch tool.UBS Securities said Monday it expects three dissents as a base case, but won't be surprised to see two more pushing for a rate hike.Treasury yields were down in premarket action, with the two- and 10-year rates retreating 1.9 basis points each to 4.3% and 4.62%, respectively.Tuesday's economic calendar also has the international trade in goods data, as well as the retail and wholesale inventories reports, all for June, at 8:30 am ET. The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for May, post at 9 am.The consumer confidence report for July is out at 10 am, along with the Richmond Fed manufacturing index for the same month.Gold moved down 1.4% to $4,021 per troy ounce, while bitcoin dropped 2.2% to $63,463.
Consumer stocks were higher late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.3%.In corporate news, Ford (F) has joined the competition to build the US Army's newest tactical truck, marking its pursuit of its largest military contract since the Cold War, The Wall Street Journal reported Monday. Ford shares added 1.6%.JetBlue Airways (JBLU) said Monday it is introducing new fare options as part of a simplified flight shopping process to prepare for the launch of BlueFirst, its new domestic first-class product. Its shares rose 2.9%.Coca-Cola FEMSA (KOF) shares jumped past 5% after the company reported better than expected Q2 earnings and revenue.Brown-Forman (BF.A, BF.B) said Sunday it has received an unsolicited takeover offer from Sazerac, and concluded that the proposal is "not actionable." Brown-Forman Class A shares rose 4.3%, and its Class B shares climbed 4.8%.
Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.1%.In corporate news, Ford (F) has joined the competition to build the US Army's newest tactical truck, marking its pursuit of its largest military contract since the Cold War, The Wall Street Journal reported Monday. Ford shares added 0.8%.Coca-Cola FEMSA (KOF) shares jumped nearly 5% after the company reported better than expected Q2 earnings and revenue.Brown-Forman (BF.A, BF.B) said Sunday it has received an unsolicited takeover offer from Sazerac, and concluded that the proposal is "not actionable." Brown-Forman Class A shares rose 3.5%, and its Class B shares climbed up 3.6%.
Ford Motor (F) has joined the competition to build the US Army's newest tactical truck, marking its pursuit of its largest military contract since the Cold War, The Wall Street Journal reported Monday.Ford secured a Defense Department contract to develop three truck prototypes based on its F-Series Super Duty pickups, according to the report.Ford did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $14.44, Change: $+0.07, Percent Change: +0.45%
Ford Motor (F) has an average rating of hold and mean price target of $15.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Consumer stocks were mixed late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 0.9%.In corporate news, Conagra Brands (CAG) laid out a plan to streamline operations, including reviewing its non-core assets, as the packaged food company seeks to restore margins and invest more aggressively in supply chains. Chief Executive John Brase, who joined the company on June 1, announced the restructuring initiative Wednesday, alongside fiscal Q4 results. Conagra Brands shares were down 1.4%.The US Federal Communications Commission is expected to repeal a nationwide TV audience cap in what would be a win for Nexstar Media's (NXST) acquisition of rival Tegna, Bloomberg reported. A Nexstar-Tegna combination would reach roughly 80% of US households, significantly above the historic threshold of 39%, the report said. Nexstar shares jumped 4.2%.Ford (F) Executive Chairman Bill Ford said Tuesday that the US automotive industry has to prepare for competition from China's carmakers when they eventually enter the market. "It's astonishing how quickly the Chinese auto companies have just taken Europe by storm. Because they're being subsidized by the Chinese government, and you know the Chinese government decided that their domestic economy was in tough straits, so they were going to export the heck out of things, and they have," Ford said at an event sponsored by Axios. Ford shares were up 1.7%.Toyota Motor (TM) could lose its title as the world's largest automaker by sales to BYD without the Chinese competitor entering the US market, The Financial Times reported, citing BYD executive Stella Li and Founder Wang Chuanfu. The electric-vehicle manufacturer plans to surpass Toyota within five years through organic expansion and rapid advances in charging technology, the news outlet reported. Toyota shares increased 0.3%.
Consumer stocks were higher Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.4%.In corporate news, the US Federal Communications Commission is expected to repeal a nationwide TV audience cap in what would be a win for Nexstar Media's (NXST) acquisition of rival Tegna, Bloomberg reported. A Nexstar-Tegna combination would reach roughly 80% of US households, significantly above the historic threshold of 39%, the report said. Nexstar shares jumped 4.2%.Ford (F) Executive Chairman Bill Ford said Tuesday that the US automotive industry has to prepare for competition from China's carmakers when they eventually enter the market. "It's astonishing how quickly the Chinese auto companies have just taken Europe by storm. Because they're being subsidized by the Chinese government, and you know the Chinese government decided that their domestic economy was in tough straits, so they were going to export the heck out of things, and they have," Ford said at an event sponsored by Axios. Ford shares were up 2.2%.Toyota Motor (TM) could lose its title as the world's largest automaker by sales to BYD without the Chinese competitor entering the US market, The Financial Times reported, citing BYD executive Stella Li and Founder Wang Chuanfu. The electric-vehicle manufacturer plans to surpass Toyota within five years through organic expansion and rapid advances in charging technology, the news outlet reported. Toyota shares were fractionally higher.
Ford Motor Company (F) has an average rating of hold and mean price target of $14.91, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $13.89, Change: $+0.04, Percent Change: +0.29%
Consumer stocks were mixed late Thursday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.1%.In corporate news, Tesla's (TSLA) shares dropped 8% even after the company's Q2 deliveries beat market expectations, while Truist Securities said the electric vehicle maker failed to provide any updates on key topics.Rivian Automotive (RIVN) raised delivery projections for this year after the EV manufacturer's Q2 numbers exceeded expectations. Ford (F) reported a 10% drop in new US vehicle sales from a year earlier. Rivian shares jumped 8.3%, and Ford fell 2.6%.Franklin Covey's (FC) shares tumbled 14% after the company cut its full-year fiscal 2026 revenue guidance, undermining its fiscal Q3 results.Ferrari's (RACE) Q2 should deliver further sequential acceleration, along with an expected 2026 guidance upgrade, indicating a stronger-than-expected second-half performance ahead of a "balanced year" guidance, UBS Securities said in a note. UBS kept a buy rating on Ferrari and raised the price target to $497 from $483. Ferrari shares rose 2.3%.
Consumer stocks were mixed Thursday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.1%.In corporate news, Rivian Automotive (RIVN) raised delivery projections for this year after the EV manufacturer's Q2 numbers exceeded expectations. Ford (F) reported a 10% drop in new US vehicle sales from a year earlier. Rivian shares jumped 7.5%, while Ford fell 2.7%.Tesla (TSLA) delivered 480,126 vehicles in Q2, up 25% from a year earlier. Model 3/Y deliveries rose to 467,762 vehicles from 373,728. Tesla shares still slumped 8.1%.American Eagle Outfitters (AEO) named Papa John's International (PZZA) Chief Financial Officer Ravi Thanawala as its finance chief, succeeding Mike Mathias, who will shift to a strategic advisory role. American Eagle shares fell 5.1%, and Papa John's shed 0.8%.
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