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☆ From frustration to excitement: The long, winding road of Alphabet's self-driving Waymo unit
▼ + stars: | 2024-09-21 | by ( Paulina Likos | ) www.cnbc.com time to read: +12 min

A long road It's been a long and winding road for Waymo since its inception in 2009 as Google's self-driving car project. The robotaxi service now has about 700 autonomous vehicles on the road across its markets. That changed about a year ago , when Uber added Waymo vehicles to its app. In February, Waymo recalled 444 of its vehicles after two Waymo vehicles hit a towed pickup truck in Phoenix. A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.

Persons: Uber, Waymo, Tesla, it's, Jim Cramer, Jim, Morgan Stanley, Cowen, Cowen's — Bernstein, Brad Erickson, Andreessen Horowitz, Alphabet's, Ruth Porat, Erickson, Dara Khosrowshahi, Cruise, Uber's Khosrowshahi, Ethan Teicher, Tesla's, Jim Cramer's, Patrick T, Fallon Organizations: Waymo, Austin, RBC Capital Markets, CNBC, Bank of America, Aurora Innovation, General Motors, AFP, Getty Locations: West Coast, Atlanta, Austin , Texas, Phoenix, San Francisco, Los Angeles, U.S, Waymo, Austin, San Francisco , Los Angeles, Los Angeles , California

☆ Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors
▼ + stars: | 2024-08-23 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

In this article F Follow your favorite stocks CREATE FREE ACCOUNTA banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. So it might surprise investors that the automaker believes its new path to profitability for electric vehicles will first be led by smaller, more affordable vehicles. "We're quite convinced that the highest adoption rates for electric vehicles will be in the affordable segment on the lower size-end of the range," he told CNBC on Thursday. Gjaja's comments come a day after the automaker announced updates to its EV strategy that will cost up to $1.9 billion. He said the Ford, in part, developed the "skunkworks" team to prove that Ford can compete against the Chinese automakers.

Persons: Mario Tama, Marin Gjaja, Warren Buffett, Gjaja, Jim Farley, Farley, Ford, BofA's John Murphy, John Lawler, Lawler, There's, we've, Michael Wayland Organizations: Ford, Getty, DETROIT, CNBC, North America, EV, Wall Street, GM, General Motors Locations: Glendale , California, U.S, Europe, North, California, China

☆ Alphabet earnings and 3 more things we're watching in the stock market next week
▼ + stars: | 2024-07-20 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

But in general, this is the kind of development we've hoped to see ever since Starbucks' massive earnings miss April 30. We'll take the nearly 7% pop in shares Friday and hope it's only the beginning of recovery for the beaten-up stock. Fed's fave inflation measure : The personal spending and income report will be the most closely watched economic report next week. Earnings : As the second-quarter earnings season picks up pace, we'll hear from five Club holdings next week including Google parent Alphabet . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Russell, Donald Trump, — Trump, Jim Cramer, Trump, Donald Trump's, Taiwan's TSMC, Joe Biden's, Biden, Biden's, he's, Elliott, we've, We'll, it's, we'll, Sartorius, Ford, Jim Farley, We're, Honeywell management's, —, Zions, BOK, Brown, BRO, Lockheed Martin, Philip Morris, Clark, Lamb, Edwards Lifesciences, DOV, Dr Pepper, CARR, Baker Hughes, Booz Allen Hamilton, Jim Cramer's, Jim Organizations: Federal Reserve, Nasdaq, Dow, Republican National Convention, GOP, Bloomberg Businessweek, Trump, Elliott Management, Starbucks, Street Journal, Technology, General Motors, Honeywell, Dover, Products Company, Verizon, Truist, SAP, Semiconductors, Crown Holdings, Cadence Design Systems, Medpace Holdings, AGNC Investment, Logitech International S.A, KKR Real Estate Finance Trust, Berkley Corp, Spotify Technology S.A, United Parcel Service, GE Aerospace, GE, Cola Company, Lockheed, Comcast, Polaris Industries, Philip Morris International, Company, HCA Healthcare, Moody's Corporation, Enphase Energy, Texas Instruments Incorporated, Chubb Corporation, Seagate Technology plc, Maine, Packaging Corporation of America, Weatherford International plc, Canadian National Railway Company, FTAI Aviation Ltd, Mattel, Vertiv Holdings Co, Lamb Weston Holdings, NextEra Energy, Tenet Healthcare, Fisher, GE Vernova, Boston Scientific Corporation, General Dynamics, Lennox International, Software Technologies, CME Group, Fortive Corporation, Co, Roper Technologies, Teck Resources Limited, Blackstone Mortgage Trust, Economico Mexicano S.A, Dominion Freight, Otis Worldwide Corporation, OTIS, Ford Motor Company, Grill, Business Machines, IBM, Viking Therapeutics, Las Vegas Sands Corp, Newmont, Whirlpool, Globe, WM, O'Reilly Automotive, Annaly Capital Management, Honeywell International, American Airlines Group, Hasbro, Southwest Airlines Co, New York Community Bancorp, RTX Corporation, AstraZeneca, Carrier Global Corporation, Integer Holdings Corporation, Valero Energy, Texas, Juniper Networks, Boston Beer Company, Physicians Realty Trust, Allison Transmission Holdings, Corp, Columbia Banking, Digital Realty Trust, Edison International, Myers Squibb, Charter Communications, 3M Company, Booz, Centene Corporation, AON, Barnes, Colgate, Palmolive, Jim Cramer's Charitable, CNBC, U.S Locations: U.S, Taiwan, FactSet, China, Dover, Cleveland, Alexandria, ZION, W.R, Freeport, Kimberly, Cal, Teck, Las, ORLY, New, Banc, Bristol, Milwaukee , Wisconsin

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Best Buy : Jim said Best Buy's pullback in recent days has created a buying opportunity in the electronics retailer. Salesforce : The stock has in recent weeks clawed back some of its post-earnings plunge , even before Thursday's 6% surge. Wynn Resorts : Wynn is another stock in the portfolio that, it's become increasingly clear, trades based on its exposure to China. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Wall, Abbott, Johnson, We're, haven't, it's, Walt Disney, Estee Lauder, levered, Eli Lilly, Lilly, Morgan Stanley, Goldman Sachs, OpenAI, Jensen Huang, Nikesh Arora's, Stanley Black, Decker, TJX, We've, Wells, Charlie Scharf poaches, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Prime, Web, Broadcom, VMWare, Costco Wholesale, Costco, Coterra Energy, DuPont, Walt, Disney, Nvidia, Ford Motor, Ford, Blue, Motors, GE Healthcare, GE, Management, Honeywell, Linde, Microsoft, Palo Alto Networks, Procter & Gamble, Constellation Brands, Modelo, Corona, Fed, TJX, JPMorgan, Wynn Resorts, Wynn, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Covid, Dover, Eaton, Palo Alto, U.S, Wells Fargo, Las Vegas

☆ Ford stock can go higher by taking a page of out Detroit rival GM's playbook
▼ + stars: | 2024-04-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

General Motors is buying back a ton of stock; Ford, so far, not so much. Before the buyback disclosure late this year, Ford had been down 10%, which was less than GM's 14% decline. In 2023, Ford spent $5.33 billion on dividends and stock repurchases, with only 6.3% of that total on buybacks. In guidance alongside Q4 numbers, Ford said it expects warranty costs for full-year 2024 to be flat year over year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Ford, Jim Cramer, General Motors, Adrian Yanoshik, Jim, Morgan Stanley, Adam Jonas, Jonas, BEV, John Lawler, Redburn's Yanoshik, Jim Cramer's, Paul Hennessy, LightRocket Organizations: General Motors, Ford, GM, CNBC, General, United Auto Workers, Capital, Renaissance, Getty

☆ Jim Cramer calls out this simple strategy to help weather earnings and Fed market volatility
▼ + stars: | 2024-01-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Stay patient: Jim Cramer on Tuesday expressed concern that if investors try to act amid this market volatility, they're going to end up being wrong, which is why we're staying patient. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome Powell, Danaher, Wells Fargo, Morgan Stanley, Wynn, Estee Lauder, Ming Chi Kuo, we're, Jim, Jim Cramer's Organizations: CNBC, Federal, Nvidia, Microsoft, Apple, Ford, General Motors, Costco, Constellation Brands, Diageo, Jim Cramer's Charitable Locations: Amazon

☆ Stellantis' new Ram pickup is an EV — with a gas-powered generator in case the battery runs out
▼ + stars: | 2023-11-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

The 2025 Ram 1500 Ramcharger is expected to go on sale in late 2024 alongside a previously revealed all-electric Ram 1500 truck without a gas-powered engine or range-extending electric generator. That range compares with up to an expected 500-mile range of the all-electric Ram 1500 REV pickup. 2025 Ram 1500 Ramcharger Tungsten RamSimilar propulsion technology — referred to as extended-range electric vehicles, or EREVs — is available in overseas markets, specifically China. For the traditional Ram 1500 models, the biggest change is the company is dropping its well-known Hemi V-8. Ram's 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale in late 2024.

Persons: Ramcharger, Tim Kuniskis, Kuniskis, Stellantis, Stephanie Brinley, It's, Michael Wayland Organizations: DETROIT, U.S . Environmental Protection Agency, P Global Mobility, General Motors, Chrysler, Jeep, Fiat, U.S, Dodge, CNBC, GM, Ford Motor, Chrysler Pacifica minivan, Cherokee Locations: China, Pontiac, Mich

☆ UAW expected to announce tentative agreement with Stellantis to end labor strike
▼ + stars: | 2023-10-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

The tentative agreement, which would still need to be approved by union leaders and ratified by members, is patterned off a 4½-year agreement reached between the union and Ford Motor on Wednesday, sources previously told CNBC. The UAW plans to hold a meeting early Saturday afternoon with local Stellantis union leaders following the sides agreeing in principle to the terms of a deal. The tentative agreement is expected to end six weeks of targeted labor strikes by the union after the sides failed to reach new deals for 146,000 UAW members before a Sept. 14 deadline. The union called back more than 16,000 striking Ford workers after reaching a tentative deal with the automaker. It's not immediately clear how much the labor deals will increase labor costs for the companies, which had argued that giving in to all of the union's demands would affect their competitiveness and even long-term viability.

Persons: Stellantis, Shawn Fain, Ford, It's Organizations: United Auto Workers, DETROIT, UAW, Ford Motor, CNBC, General Motors, GM, Bloomberg News, Ford, Deutsche Bank Locations: Sterling Heights, Mich, Illinois

☆ General Motors shares drop after second-quarter earnings. Here's what the pros are saying
▼ + stars: | 2023-07-25 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on General Motors . The pros, including Jim Cramer , discussed the automaker after it reported second-quarter earnings Tuesday before market opened that were up sharply year over year. General Motors CEO Mary Barra joined CNBC Tuesday to break down the company's results and detail plans to implement $3 billion in cost-cutting measures throughout next year. Although revenue beat analyst estimates and GM increased its 2023 forecast for the second time this year, its shares ended the day down 3.5%.

Persons: Jim Cramer, Mary Barra Organizations: General Motors, CNBC, GM

☆ Microsoft stock pops after it announces $30 per month A.I. subscription for Microsoft 365
▼ + stars: | 2023-07-18 | by ( Hayden Field | ) www.cnbc.com time to read: +1 min

Microsoft shares rose as much as 5.8% Tuesday after the company announced a new artificial intelligence subscription service for Microsoft 365. The company will charge users an additional $30 per month for the use of generative AI with tools such as Teams, Excel and Word. Adding on the subscription to Copilot, a generative AI assistant that works across Microsoft 365 programs, could increase monthly prices for enterprise customers as much as 83%. The updates come as the race to offer consumer-driven generative AI tools heats up among tech giants such as Microsoft, Google, IBM and more. The company also announced a significant update to Bing Chat, its AI chatbot, on Tuesday: visual search.

Persons: It's, Bing Organizations: Microsoft, Google, IBM, Goodyear, General Motors

The S & P 500 surged more than 15% to start the year, marking its biggest first-half gain since 2019 — when it jumped more than 17%. As of Wednesday, the S & P 500 is trading at a forward price-to-earnings ratio of 19.3 — near the highest since April 2022. CNBC Pro screened the S & P 500 for stocks with the lowest forward PE ratio relative to their sector average. United Airlines also made the list with the lowest relative valuation among industrials. The automaker trades at a relative forward multiple of 0.21 — the lowest among consumer discretionary names.

Persons: Morgan Stanley, Adam Jonas, Michael Bloom Organizations: CNBC Pro, United Airlines, General Motors, GM

☆ Analyst says this automaker could be next in line for a Tesla supercharger deal
▼ + stars: | 2023-06-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

TSLA GM,F 1M line General Motors also struck a similar deal with Tesla earlier this month. "By opening the charging infrastructure, that alleviates the main concern in the U.S., which is range anxiety. The de facto plug standard Narayan also said that such collaborations with Tesla could set a new standard in the automobile industry. Analysts have also suggested that any costs incurred by the carmakers for transitioning to Tesla's North American Charging Standard (NACS) plug standard will likely be immaterial, given the stakes. Since Nov. 2021, Tesla has opened its supercharger network in Europe, Australia, and China to non-Tesla vehicles.

Persons: Tesla, Tom Narayan, Ford, they're, Narayan, it's, Alex Vrabel, Mercedes Organizations: Chrysler, Peugeot, Maserati, RBC, Ford, General Motors, Detroit, GM, Motors, Tesla, CNBC, Toyota, Honda Civic, of, Global, BMW, Volkswagen Locations: U.S, United States, Europe, Australia, China

☆ Post-Covid, post-bankruptcy Hertz is all-in on electric, with big implications for the EV, auto and rideshare market
▼ + stars: | 2023-05-14 | by ( Tim Mullaney | ) www.cnbc.com time to read: +5 min

In this article HTZ Follow your favorite stocks CREATE FREE ACCOUNTTesla Model 3 electric vehicles at a Hertz neighborhood location. These deals began to roll out last year, after Hertz's first Teslas hit the road in 2021 and experiments with rental EVs extended back over the past decade. "At the end of [March], we had about 50,000 electric vehicles in our fleet, comprising approximately 10% of total cars," Scherr said. Hertz has also told analysts that the growing EV rideshare market can be a buffer against traditional quarterly peak to trough experienced in the leisure business. The benefits of using an EV begin with a $1 per ride credit to the driver for using an EV, Uber spokeswoman Alix Anfang said.

☆ Morgan Stanley upgrades this U.S. auto giant, says stock is oversold
▼ + stars: | 2023-05-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Morgan Stanley thinks investors may be overlooking shares of U.S. automaker General Motors . Morgan Stanley's bull case is even higher, with a new $60 per share target representing nearly 82% upside. "GM may be overearning, but the stock is oversold," Morgan Stanley analyst Adam Jonas said. General Motors shares are down nearly 2% year to date. GM YTD mountain Morgan Stanley thinks a bull case for General Motors could see the U.S. automaker's stock climb as high as $60 per share.

☆ Why GM is killing the Chevy Bolt — America's cheapest EV — amid record sales
▼ + stars: | 2023-04-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

In this article GM Follow your favorite stocks CREATE FREE ACCOUNTA Chevrolet Bolt EUV on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBCDETROIT — After years of lackluster performance and a fire-provoked recall, the all-electric Chevrolet Bolt EV was finally gaining traction for General Motors . The Bolt EV would start at $26,595, followed by the Bolt EUV at $28,195. A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on Sept. 13, 2021, according to the local fire department. Cherokee County Fire DepartmentStill, GM touted the Bolt EV as proof of the concept for its electric-powered future.

JPMorgan refreshed its list of top stock picks heading into April, including a bank stock that's had a rocky start to the year. To kick off the month of April, JPMorgan added two new names to its focus list: VICI Properties and Regions Financial. The other new name on the list, Regions Financial , has declined 15% in 2023. GM shares are up 6.2% in 2023. JPMorgan removed two names from its list: Intellia Therapeutics and Jones Lang LaSalle .

☆ Cramer's lightning round: I want to own Sherwin-Williams
▼ + stars: | 2023-02-01 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Loading chart...Loading chart...Upstart Holdings Inc : "Right now, this is a coiled spring, even though it's not doing well. I've got to tell you, that stock is going higher." Loading chart...Charles River Laboratories International Inc : "This stock is undervalued. Loading chart...SoFi Technologies Inc : "It was a good quarter, and it's going higher." Disclaimer: Cramer's Charitable Trust owns shares of Wells Fargo.

☆ You May Be Able to Buy a Self-Driving Car After All
▼ + stars: | 2023-01-06 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

A year ago, investors were wildly optimistic about the potential of automotive technologies such as automated driving. They now risk swinging to the opposite extreme. Anyone looking for an idea of the cars that might be on sale in five years’ time likely found the news from this year’s CES in Las Vegas more muted than usual. Stellantis showed off new concept electric vehicles on Thursday, including a highly anticipated Ram pickup truck, but in reality it is playing catch-up with peers such as Ford and General Motors . Sony unveiled a brand for its new automotive joint venture with Honda , Afeela, but didn’t give many details of the much-hyped EV they expect to start selling in North America in 2026.

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