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The team leader has remained defiant in his denial of claims of misconduct made to parent company Red Bull, which two weeks ago announced it had launched an independent investigation into the claims. Mark Rushbrook, global head of Ford Performance Motorsport, said Friday at Daytona International Speedway that Ford is awaiting the outcome of the investigation into Horner. "It appears to us, and what we've been told, was that Red Bull is taking the situation very seriously. “I think it’s been very clear and the position of Red Bull has been that it’s business as normal. What Horner has been accused of doing by a Red Bull employee has not been made clear.
Persons: Christian Horner, Ford, Horner, Red, Mark Rushbrook, , ” Rushbrook, we've, Bull, they're, they've, it's, ” Horner, Red Bull, Horner's, Max Verstappen, “ We’ve, We’ve, , Christian, It’s, Verstappen, Geri Halliwell, Ginger Spice Organizations: DAYTONA, Bull, Ford Motor, Ford, Red Bull, Ford Performance Motorsport, Daytona, Red Bull Energy Locations: Fla, Austria, Jos
DETROIT (AP) — The United Auto Workers union is threatening to go on strike next week at Ford Motor Co.'s largest and most profitable factory in a dispute over local contract language. The union said Friday that nearly 9,000 workers at the Kentucky Truck Plant in Louisville will strike on Feb. 23 if the local contract dispute is not resolved. If there's a strike, it would be the second time the union has walked out at the sprawling factory in the past year. In October, UAW workers shut down the plant during national contract negotiations that ended with large raises for employees. The union says that workers have been without a local contract for five months.
Persons: Jim Farley, Farley, Ford Organizations: DETROIT, United Auto Workers, Ford Motor Co, Kentucky, Plant, UAW, Ford, Lincoln, General Motors, U.S, Rivals General Motors Locations: Louisville, New York, U.S, Mexico
DETROIT – The United Auto Workers is threatening a labor strike at Ford Motor's largest U.S. plant if local union demands aren't resolved by next week. The Detroit union on Friday said nearly 9,000 UAW autoworkers at Ford's Kentucky Truck Plant could strike at 12:01 a.m. on Feb. 23 if local contract issues remain. The plant — Ford's largest in terms of employment and revenue — produces Ford Super Duty pickups as well as the Ford Expedition and the Lincoln Navigator SUVs. Local contracts differ from the national agreements that the union ratified late last year with Ford, General Motors and Chrysler parent Stellantis . The union said "core issues in Kentucky Truck Plant's local negotiations are health and safety in the plant, including minimum in-plant nurse staffing levels and ergonomic issues, as well as Ford's continued attempts to erode the skilled trades at Kentucky Truck Plant."
Persons: Shawn Fain, aren't, Ford's Organizations: United Auto Workers, Detroit, DETROIT –, Ford Motor's, UAW, Ford, Ford Expedition, Lincoln, General Motors, Chrysler, Kentucky Locations: Kentucky
(Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Shares of most of those artificial intelligence companies soared on Thursday, reflecting investors' strong interest to ride on Nvidia's AI growth story. [PRO] Asia's AI standoutsGiven the artificial intelligence boom, Morgan Stanley picked stocks it called "underappreciated beneficiaries" in Asia-Pacific. The biggest share of AI beneficiaries in Asia and emerging markets were found in IT and communications, the bank said.
Persons: ANDREW CABALLERO, REYNOLDS, BOJ, Kazuo Ueda, Tesla, Jim Farley, It's, Morgan Stanley Organizations: Pentagon, AFP, Getty, CNBC, Nikkei, Dow Jones, Nasdaq, Bank of Japan, U.S, Ford Ford, Ford Pro Locations: Arlington , Virginia, Asia, Pacific, Germany, Japan, Riding
The 38-year-old actor-turned-race-car-driver was wandering through the Daytona International Speedway infield on Friday with no idea where to go. It was the latest round of confusion for Muniz, who had to wait until last week to announce his racing plans for 2024. Muniz, who competed in the entry-level ARCA Series last year, will try to make his Xfinity Series debut in the No. He led the ARCA Series points standings at times and finished fourth despite a number of mechanical issues late in the 20-race season. Muniz used a Hollywood head shot, complete with one hand resting on his chin, for the photo on his NASCAR credential.
Persons: — Frankie Muniz, Malcolm, Muniz, Ford, Joey Gase Racing, ” Muniz, wasn’t, , , he’s, He’s, Jeff Gordon, ” Gordon, Jayson Williams, Cody Banks Organizations: DAYTONA, Daytona, Associated Press, Ford, ARCA, NASCAR, NASCAR Hall of Fame Locations: Fla, Scottsdale , Arizona
Winning candidate Gen Kitchen said the result was a "stunning victory for the Labour Party and must send a message from Northamptonshire to Downing Street." LONDON — U.K. Prime Minister Rishi Sunak's ruling Conservative Party suffered another double by-election defeat on Thursday, as the opposition Labour Party's momentum shows no sign of slowing. The double defeat of Thursday was the latest in a string of unfavorable by-election results for the ruling party in what were previously considered safe seats. "I was very pleased last night to see that we were clearly getting Tory switchers, in other words people who hadn't voted for the Labour Party before, coming out last night and voting for the Labour Party in a by-election." The Labour Party maintains a lead of more than 20 points over the Conservatives in all national polling, with a general election due no later than January 2025.
Persons: Kitchen, Peter Bone, , Rishi Sunak's, Helen Harrison, Gen Kitchen, Chris Skidmore, Damien Egan, Keir Starmer, Tory switchers, hadn't, Boris Johnson, Robert Ford Organizations: Labour, Labour Party, Downing, Conservative, Conservatives, LONDON, Conservative Party, Kettering Leisure Village, Tamworth, Liberal Democrats, BBC, University of Manchester, CNBC Locations: Northamptonshire, Wellingborough , Northamptonshire, KETTERING, England, Wellingborough, Kettering, Kettering , England, Kingswood , South Gloucestershire, North, Kingswood, Mid Bedfordshire, West Midlands, Selby, Ainsty, Somerton, Frome
CNBC Daily Open: Weak U.S consumer spending spells caution
  + stars: | 2024-02-16 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +1 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Shares of most of those artificial intelligence companies soared on Thursday, reflecting investors' strong interest to ride on Nvidia's AI growth story. [PRO] Asia's AI standoutsGiven the artificial intelligence boom, Morgan Stanley picked stocks it called "underappreciated beneficiaries" in Asia-Pacific. The biggest share of AI beneficiaries in Asia and emerging markets were found in IT and communications, the bank said.
Persons: Tesla, Jim Farley, It's, Putin, Vladimir Putin, Joe Biden, Donald Trump, , Biden, Morgan Stanley Organizations: CNBC, Dow Jones, Nasdaq, Ford Ford, Ford Pro, Biden Locations: Riding, America, Asia
Beyoncé approves of cowboycore
  + stars: | 2024-02-16 | by ( Leah Dolan | ) edition.cnn.com   time to read: +4 min
Completing her look were a pair of aviator-style shades, an embellished head scarf and a stone-colored cowboy hat. In fact, Beyoncé hasn’t been without a cowboy hat in nearly two weeks. On TikTok #cowboycore has 11.4 million views and counting, where users video themselves styling a wide-brimmed rancher cap or, as in one video, pairing vintage leather chaps with a belted trench coat. Cowboy boots, for one, were plucked from their country context and thrust onto the urban streets of metropolitan cities years ago. The embroidered leather boots have been a mainstay of the style set ever since, transcending over the years from a subversive statement piece to something more timeless.
Persons: , Houston , Texas —, Gaurav, Beyoncé hasn’t, Louis Vuitton, Stetson, There’s, Sunday Beyoncé, James Devaney, Bella Hadid, Tito, Hadid, klaxon, Kim Kardashian, Louis Vuitton’s, Tom Ford, Suzanne Plunkett, They’ve, Marilyn Monroe, Princess Diana, Britney Spears, Kate Moss, Celine, Raf Simons Organizations: CNN, Bushwick, New York, Sunday, Super Bowl, London Fashion, Reuters Locations: New, Houston , Texas, Texas, Weatherford , Texas, Paris
A traditional automaker just turned a profit on EVs
  + stars: | 2024-02-15 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
New York CNN —Electric vehicles are finally turning a profit for Stellantis, CEO Carlos Tavares said Thursday, and, in contrast to some rivals, it will not cut back on producing EVs. The announcement marks an important milestone for electric vehicles and for traditional automakers, which have struggled to make money on EVs even as demand has grown. Ford, the only company to break out results separately for electric and traditional vehicles, reported that it lost $4.7 billion in EVs last year, or more than $40,000 per vehicle. But he said that EVs, while profitable, are still not as profitable as traditional gas-powered vehicles. That includes profit sharing for about 38,000 United Auto Workers union members at an average of $13,860, down from $14,760 a year earlier.
Persons: Carlos Tavares, , Tesla, Traveras, Stellantis Organizations: New, New York CNN —, Fiat Chrysler, PSA Group, Ford, GM, General Motors, Jeep, Chrysler, Dodge, United Auto Workers, UAW Locations: New York, Detroit, EVs, Europe, Paris
DAYTONA BEACH, Fla. (AP) — Don’t expect Denny Hamlin to stay in line during the closing laps of the Daytona 500. “In the end, you have to be selfish to win these races and certainly we realize that through results more than anything else,” Hamlin said. He’s repeatedly made it clear he wouldn’t trade any of his Daytona 500 victories for series championships. “I think Denny is really good at, like, being dramatic and building our sport up well, bringing some drama to it. I think that’s good.”The ultimate drama might be seeing Hamlin jockeying teammates and his own drivers over the final laps.
Persons: — Don’t, Denny Hamlin, He’s, , , Hamlin, ” Hamlin, Ricky Stenhouse, Stenhouse, Michael Jordan, Richard Petty, Cale Yarborough, Hall, Hall of Famers Bobby Allison, Dale Jarrett, Jeff Gordon, Richard, Cale, it’s, Martin Truex Jr, Ty Gibbs, Christopher Bell, Bubba Wallace, Tyler Reddick, Kyle Larson, Denny, Hamlin jockeying Organizations: DAYTONA, NASCAR, Chevrolet, Ford, Toyota, NBA, 23IX Racing, Hall of Famers, Daytona, JGR, Netflix, Hendrick Motorsports Locations: Fla, Los Angeles, 23IX
Ford CEO Says Company Will Rethink Where It Builds Vehicles After Last Year's Autoworkers StrikeFord's top executive says that last fall’s contentious United Auto Workers’ strike changed the company's relationship with the union to the point where it will “think carefully” about where it builds future vehicles
Organizations: Ford, United Auto Workers
SPLINTERS: Another Kind of Love Story, by Leslie JamisonWe live in a golden age of autobiographical women’s writing. In its place has arisen a group of brilliant women, inclusive of trans women, with their own ideas for the form, among them Maggie Nelson, Eula Biss, Valeria Luiselli, Margo Jefferson, Alison Bechdel, Rachel Cusk, Carina Chocano — and Leslie Jamison. Jamison, now 40, is the author of a new memoir called “Splinters.” It tells the story of her divorce and first years as a single mother. “One piece of me said, It’s unbearable,” Jamison writes about being apart from her baby. When I said, Please don’t speak to me like that, he leaned closer to say, I can speak to you however I [expletive] want.” In another drop-off scene he spits at her.
Persons: Leslie Jamison, Roth, Styron, Maggie Nelson, Eula Biss, Valeria Luiselli, Margo Jefferson, Alison Bechdel, Rachel Cusk, Carina Chocano —, Jamison, Virginia Woolf, ” Jamison, , Organizations: Ford
Ford CEO Jim Farley discussed a range of topics Thursday from hybrid and electric vehicles to how the automaker is dealing with international competitors. Ford Pro "If you're looking for the future of the automotive industry stop looking at FDS [full self-driving] and Tesla , look at Ford Pro," Farley said. The transformation of Pro, Farley said, has been a notable success for the company. "We always had a super successful Pro business … but there was no focus on it." Despite the success of Pro, Ford continues to lose money in its Model e business, which hosts its fleet of electric vehicles.
Persons: Jim Farley, Farley, Ford, Li Auto, Warren Buffett's Berkshire, BYD, Jim Cramer's, Jim Cramer, Jim Organizations: Wolfe Research, Club, Ford, Ford Pro, Warren Buffett's Berkshire Hathaway, CNBC Locations: U.S, Europe, EVs, China, Warren Buffett's, Berkshire, breakeven
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. DETROIT – Ford Motor CEO Jim Farley on Thursday urged Wall Street to forget about Tesla and its FSD driver-assistance systems as the future of the auto industry, arguing investors should instead focus on the Detroit automaker's "Pro" fleet business. Look at Ford Pro. Ford expects the Pro unit's pre-tax earnings to increase to between $8 billion and $9 billion this year, the automaker said earlier this month. Tesla does not break out revenue or earnings from its premium driver-assistance software, marketed as its Full Self Driving Beta, FSD or FSD Beta.
Persons: Jim Farley, Farley, It's Organizations: Ford Motor Co, Ford, Amperex Technology, DETROIT, Ford Motor, Detroit, Deere, Co, Ford Pro, Research, Pro Locations: Marshall , Michigan, Romulus , Michigan
(L-R) United Auto Workers (U.A.W.) members Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Global auto giant Stellantis on Thursday reported a 10% year-on-year fall in profit in the second half of 2023, as six-week strikes at the so-called "Detroit Three" automakers hampered production in the group's North American profit epicenter. Adjusted operating income (AOI) came in at 10.2 billion euros ($10.96 billion) for the July to December period, down from 11.3 billion euros for the same period in 2022. Stellantis reported in late October that labor strikes by the United Auto Workers union, which ran for six weeks from Sept. 15 and also targeted General Motors and Ford Motor , cost the company $3.2 billion in revenue through October.
Persons: Kaleb Delfine, Bryan Broecker, Michael Gatto, James Triplett, Stellantis Organizations: United Auto Workers, Jeep, Global, Reuters, Stellantis, United Auto Workers union, Motors, Ford Motor Locations: Toledo , Ohio, American, Europe, North America
In Europe and Asia, many cars offer adaptive driving beam headlights that can do this. But that still means driving much – or most – of the time using only low beam headlights that don’t reach very far. That means it will probably be years before ADB headlights are widely available in the US. But, while driving, the lights work just like standard high beam, low beam headlights. It will be years before they can offer new, redesigned ADB headlights that meet the standards, auto industry sources say.
Persons: , , Michael Larsen, Larsen, Matt Brumbelow Organizations: CNN, ADB, Traffic Safety Administration, NHTSA, Ford, Volkswagen, Insurance Institute for Highway, Society of Automotive Engineers, ” Audi, , General Motors, Society of Automotive, EU, Audi, Mercedes, Insurance Institute for Highway Safety Locations: Europe, Asia, China, Canada, United States, America, American
Linda arrived in New York City “in precisely the clothes I described.” At the airport, she glanced around, searching the throngs of people. Linda PorterThe dark-haired, mustachioed man “was George,” Linda soon realized. An introduction to New York CityLinda arrived in New York City excited to embark on a new chapter. Courtesy G. Porter and Dr. L. M. PorterLike Linda, George Porter was also a New York City transplant. Newly married, Linda – who took George’s name, becoming Linda Porter – returned to the US, once again landing in JFK airport.
Persons: John F, Linda Ford, Linda wasn’t, ” Linda, Linda, she’d, – she’d, , , George, John Rooney, George Porter, , who’d, they’d, Linda Dean, I’d, Linda Porter, Jean, Claude, Frenchman, ” Jean, “ George, New York City Linda, Porter, ” “, ” George, Linda –, he’d, “ Linda, George “, he'd, It’s, Penny, Patty, – “, Linda’s, George’s, Here's George, Porter “, we’d, Linda Porter –, Linda weren’t, , Max Burnell, CNN George, I’m, “ Jean Organizations: CNN, Kennedy International Airport, City University of New, CNN Travel, Kennedy International, JFK, Air, Air France, New, Riverside Park, Yorker, Atlantic Locations: JFK, City University of New York, United States, England, Paris, York City, “ New York, New York City, Air France, Southern, New York, Manhattan, Arkansas, George, Europe, , Linda’s, midtown, NYC, Staten, of, Central Park, West Coast, “ But New York, Sevenoaks, Kent, Riverside, New Jersey, Switzerland
DAYTONA BEACH, Fla. (AP) — Ford swept the front row in qualifying for the Daytona 500 with former race winners Joey Logano and Michael McDowell shocking powerhouse Hendrick Motorsports. Superspeedway qualifying is 100 percent the car,” said Logano, who won the first Daytona 500 pole for Team Penske. Logano turned a lap of 181.947 mph as the 2015 Daytona 500 winner earned his first pole since Atlanta last year. Larson was third in a Chevrolet after Hendrick drivers had won three straight Daytona 500 poles heading into Wednesday night. Dillon won the Daytona 500 in 2018.
Persons: — Ford, Joey Logano, Michael McDowell, , Logano, , ” Hendrick, Kyle Larson, McDowell, Larson, Hendrick drivers, Austin Cindric, Chase Elliott, William Byron, Richard Childress, Austin Dillon, Kyle Busch, Ross Chastain, Harrison Burton, Dillon, Anthony Alfredo, Beard, David Ragan, Jimmie Johnson, Alfredo, ” Ragan, “ It's, I've, Ragan, Erik Jones —, Johnson, , “ I’ve Organizations: DAYTONA, Hendrick Motorsports, Team Penske, Ford, Atlanta, Row, Hendrick, Penske, Trackhouse Racing, Wood Brothers, Beard Motorsports, RFK Racing, Motor, Chevrolet, Toyota Locations: Fla, Logano, Camaros, Chevrolets
Sara Ruane, a reptile and amphibian curator at the Field Museum, rates snake attacks in movies based on their realism. She separates fact from fiction regarding whether you can suck venom out of a snake bite in "Babylon" (2022), starring Margot Robbie and Brad Pitt, and "True Grit" (2010), starring Jeff Bridges, Hailee Steinfeld, and Matt Damon. She breaks down the differences between venomous and nonvenomous snakes in "Snakes on a Plane" (2006), starring Samuel L. Jackson, Kenan Thompson, and Julianna Margulies. She looks at the way different characters seek to treat snake bites in Quentin Tarantino's "Kill Bill: Vol. She talks about how antivenom works in "Bullet Train" (2022), starring Brad Pitt, Aaron Taylor-Johnson, and Bad Bunny.
Persons: Sara Ruane, Margot Robbie, Brad Pitt, Jeff Bridges, Hailee Steinfeld, Matt Damon, Jon Voight, Jennifer Lopez, Harry Potter, Daniel Radcliffe, Emma Watson, Alan Rickman, Harrison Ford, Samuel L, Jackson, Kenan Thompson, Julianna Margulies, Quentin Tarantino's, Uma Thurman, Michael Madsen, Daryl Hannah, Matthew McConaughey, Aaron Taylor, Johnson Organizations: Field Museum, Raiders, Reptiles Department
Phillippe Laffont's Coatue made a flurry of changes to his portfolio in the fourth quarter, including shifts within the technology sector in the midst of the fourth quarter's big rally. Nvidia and Meta are only two of many notable cutbacks made by Laffont in the fourth quarter. Beyond Nvidia and Meta, Advanced Micro Devices , Amazon , Microsoft , Netflix and Tesla are the next biggest holdings in the fund. As of the fourth quarter, technology accounts for more than 59% of Coatue, according to InsiderScore. The Nasdaq finished 2023 up more than 43%, helped by a gain of more than 13% in the fourth quarter alone.
Persons: Phillippe Laffont's Coatue, Julian Robertson, Daniel Sundheim's, Laffont, Eli Lilly Organizations: Tiger Management, Nvidia, Meta, Taiwan Semiconductor, MIT, Intuit, Apple, Devices, Microsoft, Netflix, Tesla, Technology, Nasdaq, Ford, Moderna, Paramount Global Locations: Taiwan, Salesforce
The logo of car manufacturer Ford is pictured in Inwood, New York, on February 5, 2024. LONDON — Ford was warned on Wednesday that more than 3,000 white-collar workers across the U.K. could launch industrial action after union members rejected a pay offer from the U.S. automotive giant. The union warned Ford that if it did not attend negotiations via Acas, the U.K.'s independent conciliation service, it would begin the process of balloting its members on potential strike action. Ford said it has been in pay negotiations with employee representatives since the end of last year, as its previous two-year deal ends. "Whilst trade union members have voted internally at a members vote to reject the company's offer, Ford remains willing to continue dialogue through our established bargaining frameworks on the fair and balanced offer made," the company said.
Persons: Ford Organizations: LONDON, Ford, Workers Locations: Inwood , New York, Acas, Liverpool, Essex
Berry, who drives for Stewart-Haas Racing and will make his Daytona 500 debut on Sunday, wished he had Swift sign a yearbook. “I would have already sold it by now,” he quipped Wednesday at Daytona 500 media day. For the Daytona 500, Hard Rock is taking bets on everything from winning driver and winning race team to top Ford, Chevrolet and Ford drivers. That’s the fastest I’ve ever accelerated because of the all-wheel drive and the torque.”YELEY BEHIND THE WHEELJ.J. Yeley was a late addition to the Daytona 500. DE FERRAN TRIBUTEAustin Cindric, the 2022 Daytona 500 winner, has dedicated this race to late open-wheel star Gil de Ferran.
Persons: — Taylor Swift, Josh Berry’s, Swift, Berry, Stewart, Haas, , , Dang, ’ ” Berry, ” Berry, David Ragan, Ragan, ” Ragan, They’re, I’ve, Yeley, Greg Biffle, ” Biffle, FERRAN, Austin Cindric, Gil de Ferran, De Ferran, Cindric’s, Tim, Austin, ” “ Gil, ” Cindric Organizations: DAYTONA, Henderson, Daytona, ESPN Bet, NASCAR, Ford, Chevrolet, Martinsville Speedway, Toyota, EV, NY Racing, Team Penske, Penske, California Speedway Locations: Fla, Tennessee, Florida, BetMGM, Martinsville, Indianapolis
New York CNN —Delta Air Lines is paying out $1.4 billion in profit sharing, more than double what it paid employees a year ago. The payout is up 146% from the profit sharing payment of a year earlier, and well above the $108 million for 2021. This is the second largest profit sharing payout by Delta, trailing only the record $1.6 billion it paid for 2019. But there are union contracts that include profit sharing payments, including the pilots at Delta, who get the same profit sharing formula as the nonunion employees, as well as some unionized employees at other airlines. The average profit sharing payment came to about $14,000 for Delta employees.
Organizations: New, New York CNN — Delta Air Lines, Delta, Association of, Management, Unions, United Auto Workers, General Motors, UAW, Ford Locations: New York
The electric vehicle industry is seeing cutthroat competition between investor favorite Tesla and several Chinese automakers like BYD . "While Tesla grabs all the headlines, we don't necessarily think that it's going to be the electric vehicle manufacturers that do the best. Morningstar gives stocks a rating of between one and five stars, with a top rating indicating that the shares are undervalued. We think lithium prices are probably bottoming out here," he told CNBC Pro on Feb. 2. Shares of the U.S. lithium company have had a bumpy ride over the past days.
Persons: Tesla, David Sekera, Volkswagen —, Sekera, it's, Albemarle Organizations: Morningstar, Ford Motor, Volkswagen, CNBC Pro, International Energy Agency, Reuters Locations: BorgWarner, Albemarle, U.S
Morgan Stanley initiates Ford as a top pick Morgan Stanley said it's standing by its top pick status on Ford. Morgan Stanley initiates Dynatrace as equal weight Morgan Stanley initiated the software stock with an equal weight and said patience is needed. Morgan Stanley reiterates Disney as overweight Morgan Stanley said Disney's participation in a sports streaming bundle is 'low-risk." Morgan Stanley adds Huntington Bancshares to the financials finest list Morgan Stanley added the regional bank to its financials finest list. Morgan Stanley reiterates Rivian as overweight Morgan Stanley said it's standing by its overweight rating on the stock, but that the company will need "substantial funding" to complete its Georgia plant.
Persons: Goldman Sachs, Goldman, ANET, hyperscaler, Morgan Stanley, Ford, it's, Dynatrace, Redburn, Evercore, Susquehanna, Piper Sandler, Trimble, Piper, Riley, Bernstein, Disney, Huntington Bancshares, Huntington, Banks, Stephens, Cantor Fitzgerald, Stratasys, Cantor, Rivian Organizations: Arista Networks, Ford, downgrades, Airlines, UBS, Nvidia, NextEra Energy Partners, Taiwan Semiconductor, Apple, Apple Services, DIS, FOX, Deutsche Bank, Walmart, Citi, GSK, " Bank of America, of America Locations: NVDA's, North America, NAPA, Georgia
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