Ford Motor Company (4F.TI)
| Previous close | 9.44 |
| Open | 9.89 |
| Bid | 9.56 x N/A |
| Ask | 9.59 x N/A |
| Day's range | 9.89 - 9.89 |
| 52-week range | 8.94 - 13.56 |
| Volume | |
| Avg. volume | 22 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.63 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Why the auto industry is under pressure
The auto industry is facing sales challenges, with companies like Stellantis (STLA) cutting their full-year guidance. CarGurus Director of Industry Insights and Analytics Kevin Roberts shares his outlook on the industry's current state. Roberts highlights contrasting trends in the global auto market. In China, there's a shift towards lower-priced vehicles from local manufacturers, impacting global automakers. Meanwhile, the US market is grappling with oversupply for many automakers, raising concerns about sales demand. These opposing situations in the world's two largest auto markets are creating uncertainty in the industry. Affordability remains a major issue, especially in the US. While the recent Fed rate cut is expected to bring some relief, Roberts cautions against expecting immediate changes. He explains, "While a 50 basis point cut from the Fed is welcome, I don't think it's going to have a large impact on vehicle prices immediately. We likely need to see more sustained cuts from the Fed in coming months and years to really reduce vehicle prices that could offset the significant price increases we've been seeing for new and used vehicles." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith
- Yahoo Finance Video
These companies have the most exposure to China: Strategy Risks
Many US companies do business in China. But their exposure to the country's economy can vary widely from company to company and even from year to year. Strategy Risks founder and CEO Isaac Stone Fish has compiled a list of companies that have the most exposure to China right now. Here's how Stone Fish describes how his firm compiled its list: "The way that we measured this doesn't just look at business fundamentals, revenue, but also looks at supply chain exposure, looks at their exposure to alleged forced labor or more direct forced labor in Xinjiang or Tibet. And then I think the most important category that's new is partnerships and politics. When you work in China, your relationship with the Communist Party of China is paramount. And we felt that investors, regulators, and the corporates themselves need to have a much better understanding of what companies' relationship with the Communist Party is." So which company tops Strategy Risks' list? Ford Motor (F). By topping the list, Stone Fish says it doesn't mean the company is the most successful in China or even has the largest market share there rather "it's the cumulation of these various exposure points," adding that "Ford is relatively closely tied to China's economic success or failure, but it also means that Ford is vulnerable to folks in the US government or consumers or other parts of its supply chain that might wonder why it's focusing so much on China and what that means for its business in the United States or elsewhere in the world." Watch the video above for more details on Strategy Risks' list, including those companies that have the least exposure to China. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
- Yahoo Finance
Dodge-parent Stellantis tumbles on warning, dragging auto stocks lower
Stellantis stock tumbled 13% early Monday after the company issued a stark warning about its North American operations, dragging other auto stocks lower in sympathy.
