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☆ Jim Cramer sees Ford and Costco nearing buy levels. Here's the story behind each
▼ + stars: | 2024-04-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Ford and Costco are approaching good levels to pick up additional shares, according to Jim Cramer. "Costco shares have given back some recent gains but business is strong," said Jeff Marks, the Club's director of portfolio analysis. Ford fundamentals Shares of Club name Ford rose 2.8% to $13.65 each Wednesday after vehicle sales in the first quarter grew 6.8%. "These numbers do not show the profitability of Ford," Jim said Wednesday, suggesting investors should value the company at higher levels. Ford shares need to catch up to crosstown rival General Motors , he argued.

Persons: Jim Cramer, Jeff Marks, Jim, Gordon Haskett, I'm, Craig Jelinek, Rich Galanti, Ron Vachris, Gary Millerchip, Jim Cramer's, Charly Triballeau Organizations: Ford, Costco, University of Michigan, Motors, GM, Wall, CNBC, AFP, Getty Locations: Inwood , New York

☆ Ford falls, Amazon advances pharmacy pursuits and Disney board member speaks – our takes the news
▼ + stars: | 2024-03-26 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

Meanwhile, Amazon 's pharmacy efforts added another wrinkle and Disney 's newest board member weighed in on the proxy fight underway at the entertainment giant. F YTD mountain F stock performance year-to-date. The divergence in stock performance was not great to see. AMZN YTD mountain AMZN stock performance year-to-date. To help offer the swift delivery, Amazon said it is leveraging artificial intelligence "to help pharmacists fill prescriptions quickly and accurately."

Persons: John Lawler, Ford, Jim Cramer, —, Doug Herrington, we're, Jim, Morgan Stanley, James Gorman, Gorman, Trian Partner's Nelson Peltz, Jay Rasulo, We've, Peltz, Wendy's, Heinz, Jim Cramer's, Jim Farley, Bill Pugliano Organizations: Ford Motor, Ford, Bank of America Securities Auto Summit, Motors, Amazon Pharmacy, Worldwide Amazon Stores, Nvidia, CNBC, Disney, FactSet, Procter, Gamble, Unilever, Ford Motor Company, Technology, Getty Locations: —, Monday's Homestretch, New York City, Los Angeles, Seattle , Miami, Indianapolis, Phoenix, Austin , Texas, China, Marshall , Michigan, Romulus , Michigan

☆ Rising temperatures and floods leave cities with hefty bills. Startups are working to help them adapt to climate risks.
▼ + stars: | 2024-03-26 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +10 min

All of this has given rise to climate adaptation, a sector that aims to mitigate against and adapt to the risks associated with climate change. For James Brennan and Navjit Sagoo, two of the scientists behind climate risk analytics startup Climate X, it is imperative that adaption efforts go hand in hand with those working to curb rising temperatures. Indeed, Bank of America analysts predicted the climate adaptation industry would be worth $2 trillion a year by 2026. Climate X made its calculations based on the UN's Intergovernmental Panel on Climate Change's RCP8.5 scenario, which has been deemed to be a "very high" baseline for emissions. Mike Segar/ReutersAll hands on deckThe need for climate adaptation is clear but often overlooked until an extreme weather event occurs, according to Landesman and Chaudhury.

Persons: —, James Brennan, Navjit Sagoo, Abrar Chaudhury, Autarc, Bill Gates, Tucker Landesman, Helge Jørgensen, Mike Segar, Brennan, Sagoo Organizations: Service, Business, Bank of America, Climate, X, Deloitte, University of Oxford's, Business School, New York Times, New, London, Fabian Society, Tech, Breakthrough Energy Ventures, Goldman Sachs, Management, Air, International Institute for Environment, Development Locations: London, New York City, New York, California, Autarc , Massachusetts, Medellin, Colombia, Europe, PitchBook, Mamaroneck, Westchester County , New York, U.S

☆ These 5 portfolio stocks outran the market in Wall Street's strong week. Here's what fueled their gains
▼ + stars: | 2024-03-23 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

AVGO YTD mountain Broadcom (AVGO) year-to-date performance Shares of Broadcom jumped 9.55% this week, occupying the top spot among portfolio stocks. Broadcom stock jumped 3% Wednesday, as investors digested its event. FL YTD mountain Foot Locker (FL) year-to-date performance Foot Locker was the week's second-best performer, advancing 8.5% over the past five sessions. SWK YTD mountain Stanley Black & Decker (SWK) year-to-date performance Stanley Black & Decker stock advanced 7.41% this week, grabbing the No. F YTD mountain Ford Motor (F) year-to-date performance Shares of Ford Motor rose 7.05% this week, rounding out the list at No.

Persons: Cowen, Jim Cramer, Locker, Jim, Decker, Stanley Black, Jensen Huang, Jim Cramer's, Hock Tan, Broadcom Lucas Jackson Organizations: Wall, Broadcom, Wall Street, Google, JPMorgan, Citigroup, Nvidia, GTC, Ford, U.S, Management, CNBC

☆ Hybrid cars now have 'very few compromises' says Ford executive — and sales are booming
▼ + stars: | 2024-03-23 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Sales growth for hybrid cars is outpacing growth for electric vehicles this year. AdvertisementIt's shaping up to be a comeback year for hybrid cars — and that's partly because they're now nearly as good as their conventional vehicles, according to a Ford executive. Frick's comments come as demand for hybrid vehicles soars, partly due to drivers' worries about charging electric cars. AdvertisementFreedom of choiceThe hybrid Maverick starts at about $25,300 — some $1,500 more than the gas version. About 60% of those buying a hybrid Maverick are first-time Ford customers, product development operations chief Jim Baumbick previously told Business Insider.

Persons: Ford, Ford's Andrew Frick, —, they're, Andrew Frick, Morgan Stanley, Jim Baumbick Organizations: Service, Ford, Wall, Buyers, Cox Automotive, Toyota Prius, BI Toyota, EV, Toyota, White House Locations: Detroit, Edmunds

Simpson was behind the play with 14.7 seconds left Thursday night when Samford's A.J. Replays from a number of angles showed no contact on the play that sent Timberlake crashing to the floor. “We're talking about last plays that are deciding games, not an incorrect travel call or something like that,” Clougherty said. “The mindset is always, when I blow the whistle, I want to be able to justify the contact,” he said. “These NCAA games, as close as they are, you better not miss a critical play, or they'll find someone else to referee the games,” Clougherty said.

Persons: Lamar Simpson, Simpson, Samford's A.J . Staton, McCray, Nicolas Timberlake, Timberlake, John Clougherty, it's, ” Clougherty, “, Clougherty, ”, —, Greg McDermott, Brad Underwood, Tommy Lloyd, we’ve, Staton, Casper, lifer, Kenny Anderson's, Will Graves, Eric Olson Organizations: LAKE CITY, Samford, NCAA, KU, AP, NBA, ”, Georgia Tech, Michigan State, AP Sports Locations: Kansas, Salt Lake City, Atlantic, — Illinois

☆ Why a small China-made EV has global auto execs and politicians on edge
▼ + stars: | 2024-03-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +12 min

The rise of BYD and other Chinese automakers led Tesla CEO Elon Musk in January to warn that Chinese automakers will "demolish" global rivals without trade barriers. Caresoft, an engineering benchmarking and consulting firm, has already torn down one China-built BYD Seagull and is preparing to do another. Michael Wayland / CNBCThe consulting firm tore apart the BYD Seagull piece by piece to benchmark the small EV against vehicles from other startups and traditional automakers. Its initial study of the BYD Seagull found it to be efficiently and simplistically designed, engineered and executed, but with unexpected quality and anticipated reliability. Growing concernsBYD's rise comes at a precarious time for global auto industry dynamics.

Persons: It's, Terry Woychowski, Warren Buffett, —, BYD, Tesla, Elon Musk, Caresoft Bernstein, Nissan, Michael Wayland, Caresoft, simplistically, Woychowski, Mathew Vachaparampil, CNBC BYD, Stellantis —, Donald Trump, Zach Gibson, Jennifer Granholm, Republican Sen, Marco Rubio, Trump, –, GM Dong, Tang, Marin Gjaja, Gjaja, Ford, you've, Evelyn Cheng, Dylan Butts Organizations: Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, U.S, General Motors, Caresoft, Alliance for American Manufacturing, Overseas, Chevrolet, Nissan Leaf, Bolt, Chicago Federal Reserve, BYD, CNBC, Cox Automotive, Seagull, Tesla, Toyota Motor, Nissan Motor, Honda Motor, Hyundai, Kia, — GM, Ford, Chrysler, U.S ., Washington , D.C, Bloomberg, Republican, North American Free Trade, Republicans, Buick, SAIC, GM, GM Dong Yue Motors Co, Detroit Locations: Shanghai, LIVONIA, Mich, –, China, Europe, Latin America, Detroit, Texas, Germany, Japan, U.S, Livonia , Michigan, America, XPENG, Mexico, Thailand, Brazil, Indonesia, Hungary, Uzbekistan, ., Washington ,, United States, Marco Rubio of Florida, Yantai, Shandong Province

Ten nonprofits serving young people in Detroit will get an unusual, lasting gift as part of a campaign started by Lisa Ford and her husband, Bill Ford, the executive chairman of Ford Motor Co. Endowments are funds a nonprofit can invest and the annual financial returns from those investments can go into the nonprofit’s budget. Detroit-area nonprofits may apply in June, when Michigan Central Station will reopen, and ten selected organizations will each receive $500,000 to launch an endowment. The Children's Foundation will manage the nonprofits’ endowments and offer them guidance and technical support over two years. Lisa Ford said the idea for creating endowments for youth nonprofits evolved out of their commitment to supporting a robust and vibrant future for the city and the automotive industry.

Persons: Lisa Ford, Bill Ford, ’ ”, Andrew Stein, ”, ” Ford, Todd Ely, Ely, ” Ely, Meadow Didier, Stein Organizations: Ford Motor Co, Children’s Foundation, Michigan Central, Children’s Hospital of Michigan, Harvard, Foundation, Children’s, Endowments, Internal Revenue Service, University of Colorado, Nonprofit Finance Fund, Children's, Ford, Associated, Lilly Endowment Inc, AP Locations: Detroit, Michigan, University of Colorado Denver

WASHINGTON (AP) — Astronaut Thomas P. Stafford, who commanded a dress rehearsal flight for the 1969 moon landing and the first U.S.-Soviet space linkup, died Monday. He died in a hospital near his Space Coast Florida home, said Max Ary, director of the Stafford Air & Space Museum in Weatherford, Oklahoma. Photos You Should See View All 60 ImagesThe Apollo 10 mission in May 1969 set the stage for Apollo 11’s historic mission two months later. He volunteered for the Air Force and had hoped to fly combat in the Korean War. After the Apollo-Soyuz mission, Stafford returned to the Air Force and worked in research and commanded the Air Force Flight Test Center before retiring in 1979 as a three-star general.

Persons: Thomas P, Stafford, Max, Tom Stafford, Bill Nelson, “ Tom, Gene Cernan, John Young, Charlie Brown, ” Stafford, Alexei Leonov, Tom, Gerald Ford, Leonid Brezhnev, “, you’re, Neil Armstrong, Frank Borman, Pete Conrad, Wally Schirra, Stafford’s, Cernan, didn’t, Get, Linda Organizations: WASHINGTON, Air Force, Coast, Stafford Air & Space Museum, NASA, Apollo, Soviet Union, Disney World, Soyuz, Russian, Space, U.S . Naval Academy, Air, Gemini, Gene, Stafford's Air Force, Pentagon Locations: U.S, Stafford, Coast Florida, Weatherford , Oklahoma, Soviet, Soviet Union, Russia, Oklahoma, Florida, Cape Canaveral

☆ Jensen Huang is about to give AI believers a glimpse of the future
▼ + stars: | 2024-03-17 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewThere's a running gag that Jensen Huang is to AI fanboys what Taylor Swift is to Swifties. Nvidia's GTC event, starting on Monday, should answer that. AdvertisementMatt Bryson, an analyst at Wedbush, expects Nvidia to lift the lid on the B100, the next-generation version of its H100 GPU. Can AI models eventually reason? Of course, industry watchers will look for any sign that the Nvidia and AI mania might be about to slow down.

Persons: —, Jensen Huang, Taylor Swift, Sam Altman, Mark Zuckerberg, hasn't, Bojan Tunguz, Huang, Matt Bryson, Blackwell, It'll, Zuckerberg, he'll, JOSH EDELSON, Brad Lightcap, Arthur Mensch, Christian Szegedy, Elon Musk's, Aidan Gomez, Stanford's Fei, Fei Li, Wedbush's Bryson Organizations: Service, Nvidia, GPU Technology Conference, Business, Apple, Tech, Meta, Microsoft, Google, AMD Locations: San, Woodstock

DETROIT (AP) — The National Transportation Safety Board is investigating a fatal crash in San Antonio, Texas, involving a Ford electric vehicle that may have been using a partially automated driving system. In a statement, Ford said it is researching the crash and the facts are not yet clear. The company expressed sympathy to those involved and said it reported the crash to the National Highway Traffic Safety Administration. Both NHTSA and the NTSB have investigated multiple previous crashes involving partially automated driving systems, most involving Tesla's Autopilot. In past investigations, the NTSB has examined how the partially automated system functioned.

Persons: Ford Organizations: DETROIT, Transportation Safety, Ford, Highway, NTSB, Honda, U.S, National, Traffic Safety Administration, NHTSA Locations: San Antonio , Texas, Texas, U.S, Canada, San Antonio

☆ These 7 portfolio stocks boosted their dividends this year, with more likely on the way
▼ + stars: | 2024-03-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

The hikes also sweeten the potential total return for their stocks at a time when some Wall Street strategists are shining a light on that performance metric. That performance metric captures not just stock price moves but also gains from reinvested dividends. The difference between stock price performance and total return can be substantial, underscoring the benefits of reinvesting dividends. Consider that over the past 10 years, Linde's stock price has climbed 260%, according to FactSet. Eaton's stock price has climbed 321% over the past decade while its total return is 462%.

Persons: Savita Subramanian, Jim Cramer's, Eli Lilly, Linde, Stanley Black, Decker, Jim Cramer, Jim, Spencer Platt Organizations: Disney, TJX Companies, . Eaton Corp, Linde, DuPont de Nemours, Coterra, Procter, Gamble, Bank of America, Meta, Alto Networks, Bausch Health, Abbott Laboratories, Broadcom, Costco Wholesale, Ford Motor, Nvidia, Apple, Costco, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Cincinnati, New York City

☆ Hybrids are more popular than ever as shoppers cool on EVs
▼ + stars: | 2024-03-13 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

Fewer new-car shoppers are considering EVs for their next vehicle, according to JD Power, with shoppers citing a lack of access to charging infrastructure as a main reason for ruling out EVs. Brands that have leaned into hybrids saw better sales results in February. "Hybrids are just rockin,'" Toyota Motor North America's sales chief David Christ told Automotive News after it released its sales results last week. The Toyota RAV4 SUV is one of the more popular hybrids on dealer lots. Among American brands, Ford notched a 31.5% increase in hybrid sales, as these vehicles lured more new customers to the Blue Oval.

Persons: —, Power, David Christ, Ford, Jim Baumbick Organizations: Service, Tesla, Business, Brands, Toyota, Automotive, Blue, Ford

☆ Meet an 'airline nepo baby' — he's flown for free since birth, gets upgraded to business class, and books last-minute trips to Tokyo and Sydney
▼ + stars: | 2024-03-13 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

Crawford has booked cheap last-minute vacations to Sydney and Paris, thanks to his status as an "airline nepo baby." Perks extend to business-class upgradesPaying almost nothing to fly isn't the only benefit Crawford gets as an airline nepo baby. Given how long his father has worked for United, Crawford said he's also a high priority when free upgrades to business class are available. AdvertisementOn some occasions, Crawford has received free upgrades to United Airlines Polaris business class cabin. As a recent college grad, he said he couldn't afford to fly business class otherwise.

Persons: —, Joshua Crawford, Crawford, Joshua Crawford Crawford, doesn't, he's, you've Organizations: Service, United Airlines, Business, Google, United, Polaris, United Airlines Polaris Locations: LA, Tokyo, Coachella, California, Los Angeles, Springs, New Jersey, Sydney, Paris, New York, Denver, United, Japan, Australia, Europe

☆ EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers
▼ + stars: | 2024-03-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off. U.S. EV sales were a record 1.2 million units last year, representing 7.6% of the overall national market, Cox Automotive estimates. "Moving on to less tech-savvy buyers will slow the EV market share growth over the next few years." Automakers wanted to emulate Tesla's success, with some promising to exclusively offer EVs in the not-too-distant future. "Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.

Persons: hasn't, Andrew Merry, Aston Martin, Tesla, Elon Musk, Marin Gjaja, Ford, Pablo Di Si, Sam Fiorani, Romeo, Bentley, Mary Barra, there's, Cadillac, John Roth, We've, Gjaja, Jim Farley, Rebecca Cook, Oliver Blume, Akio Toyoda, Morgan Stanley, Adam Jonas, It's, Biden, Cox, Michelle Krebs, EVs, Trisha Jung Organizations: DETROIT, EV, Ford Motor, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, CNBC, GM, Hyundai Motor, Kia, Toyota Motor, VW, U.S, Cox Automotive, AutoForecast Solutions, Volvo, Buick, Cadillac, Honda, Ford Motor Co, Ford, Amperex Technology, Toyota, Cox, Tesla, Nissan, Nissan U.S, Environmental Protection Agency, Alliance for Automotive Innovation, American Automotive, Detroit automakers Locations: EVs, Europe, U.S, North America, Warren , Michigan, Detroit, Marshall , Michigan, Romulus , Michigan

☆ Nvidia boss Jensen Huang credits his work ethic to his time at Denny's washing dishes
▼ + stars: | 2024-03-11 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Jensen Huang is the cofounder and CEO of $2 trillion computer chip giant, Nvidia. He credits part of his success to the strong work ethic he honed while working at Denny's. AdvertisementJensen Huang is the cofounder and CEO of Nvidia, the $2 trillion chip manufacturer powering the AI revolution. In a recent interview with Stanford's Graduate School of Business, Huang reflected on his early career working minimum wage jobs to explain how he has developed the work ethic to succeed as a CEO. This story is available exclusively to Business Insider subscribers.

Persons: Jensen Huang, —, Huang Organizations: Nvidia, Service, Stanford's Graduate School of Business, Business Locations: Denny's

☆ Nvidia boss Jensen Huang believes CEOs should have the most direct reports
▼ + stars: | 2024-03-09 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

Huang, who oversees 50 direct reports, said that "by definition," CEOs should have the most direct reports of anyone at a company. And taking on more direct reports could help CEOs level the playing field, too. And while Huang manages more people than other big-name CEOs (Amazon CEO Andy Jassy has 16 direct reports), Nvidia has close to 30,000 employees, according to a company report from 2023. While Huang might be an outlier (and overachiever) as a manager, the number of direct reports CEOs are taking on is on the rise. CEOs' direct reports doubled from five in the mid-1980s to close to 10 in the mid-2000s, according to the Harvard Business Review.

Persons: —, Jensen Huang, doesn't, . Huang, Huang, chipmaker, Andy Jassy, Hal Gregersen Organizations: Service, Stanford's Graduate School of Business, Business, Nvidia, Harvard Business, MIT Leadership Center Locations: .

☆ Ford's secret weapon in the fight against Tesla: hybrids
▼ + stars: | 2024-03-08 | by ( Nora Naughton | ) www.businessinsider.com time to read: +1 min

Ford's hybrids are bringing new customers to the brand amid the EV sales slowdown. Ford's middle-of-the-road approach to hybrids and EVs is paying off for now. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElectric vehicle sales aren't going the way Ford expected when CEO Jim Farley took direct aim at Elon Musk's Tesla in 2022. This story is available exclusively to Business Insider subscribers.

Persons: —, Jim Farley, Elon Musk's Tesla, Elon Musk, Ford Organizations: Ford, Service, Elon, Business

☆ How Azzi Glasser uses fragrance to help Hollywood celebrities tell a story
▼ + stars: | 2024-03-07 | by ( Susan Griffin | ) edition.cnn.com time to read: +6 min

Her character was a chain-smoking alcoholic psychiatrist, but Bonham Carter hadn’t gone “method”; she had simply spritzed herself with a bespoke fragrance created specifically for her by fragrance designer Azzi Glasser. Now, a bespoke fragrance from Glasser can cost up to £15,000 ($19,000), though she also offers a lower-priced collection of fragrances to enable people to discover their own fragrance DNA. To play King Henry VIII in upcoming movie Firebrand, actor Jude Law told Azzi Glasser he wanted to smell exactly like the king would have, despite knowing it would be repulsive. “As actors know, fragrance can transform you and take you on a journey. It opens up passages and doors in the brain, working through the olfactory system to bring out emotions,” noted Glasser.

Persons: Helena Bonham Carter, Bonham Carter hadn’t, Azzi Glasser, Enid, Glasser, ”, Bonham Carter, Enid Blyton, Harry Potter ”, “ Alice, Miss Havisham, Azzi “ Helena couldn’t, Alicia Vikander, Noomi Rapace, Damian Lewis, Orlando Bloom, Stephen Fry, Kylie Minogue, Adam Lambert, Johnny Depp, ” Depp, Barnabas, “ Azzi, “ We’ll, I’ll, Jude Law’s, ulcerated Henry VIII, King Henry VIII, Jude Law, Jude, “, Pope, ‘, Henry, ’, Brad Pitt, Julia Roberts, Leonardo DiCaprio, Austin Butler, Kaia Gerber, Cindy Crawford, Rande Gerber, David Linley, Princess Margaret, Antony Armstrong, Jones — Glasser, Cindy Crawford's, Azzi “ David Organizations: CNN, Azzi Locations: London, ”, Wonderland, India

☆ Strong Ford hybrid sales provide a window for investors to make a move on the stock
▼ + stars: | 2024-03-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Ford on Monday reported a continued surge in monthly hybrid sales, the latest indication that its strategic shift from money-losing and demand-softening electric vehicles is paying off. Shares of Ford were trading as much as 4% higher on Monday after a strong February sales report. F YTD mountain Ford stock year to date performance. Hybrids are "going to be a breakout for Ford," Jim Cramer said Monday. Ford Blue, which includes ICE and hybrid vehicles, delivered a $7.5 billion EBIT profit.

Persons: Ford, Jim Cramer, Jim, Jim Farley, Jim Cramer's, Charly Triballeau Organizations: Ford, Ford Pro, CNBC, AFP, Getty Locations: U.S, Inwood , New York

☆ France's Rafale fighter jet is so popular its manufacturer can't keep up
▼ + stars: | 2024-03-04 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

France's Dassault Aviation may not be able to meet demand for its Rafale fighter jet. AdvertisementFrance's Rafale fighter has become so popular that the manufacturer may not be able to meet demand, according to a British think tank. Advertisement"The French aircraft maker aimed to produce 15 Rafales last year but only completed 13," IISS said. AdvertisementA French Dassault Rafale M fighter jet launches from the French aircraft carrier Charles De Gaulle during interoperability exercises with the aircraft carrier USS Dwight D. Eisenhower, March 3, 2020. This helps explain why the Rafale has become popular with India and several Middle Eastern nations.

Persons: —, IISS, Lockheed Martin, Richard Aboulafia, Charles De Gaulle, Dwight D, Eisenhower, Michael Peck Organizations: Dassault Aviation, Rafale, Service, International Institute for Strategic Studies, French Air Force, Navy, Defense News, Dassault, UAE, French, Lockheed, Dassault Rafale, US Navy, Kaleb, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: India, British, Ukraine, Egypt, Greece, Qatar, Croatia, UAE, Indonesia, Mica, France, , Michigan, Russia, Forbes

☆ Ford sales jump 10.5% in February, led by gains in hybrids and EVs
▼ + stars: | 2024-03-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – Ford Motor's U.S. sales jumped 10.5% last month compared with February 2023, led by increases in its hybrid and all-electric vehicles sales. The Detroit automaker Monday reported sales of 174,192 cars and trucks for February. The company said hybrid sales totaled 12,045 in February, including 6,463 units of its small Maverick Hybrid pickup. Despite the increases in hybrids and EVs, 89.5% of Ford's sales last month were traditional cars and trucks in February. Ford reported total year-to-date sales through February were 311,325 units, a 6.6% increase compared with the same time period a year earlier.

Persons: DETROIT –, Jim Farley Organizations: Ford Motor Co, Washington Auto, Washington , D.C, DETROIT, DETROIT – Ford Motor's, Detroit, Ford, Automotive News, Rivals General Motors, Stellantis, CNBC PRO Locations: Washington ,

☆ Stocks making the biggest moves midday: Macy's, Super Micro Computer, Lyft, DoorDash and more
▼ + stars: | 2024-03-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Super Micro Computer , Deckers Outdoor — The technology firm and athletic footwear designer respectively popped 27% and nearly 3% after S & P Dow Jones Indices announced Friday that the two stocks would be added to the S & P 500 on March 18. Super Micro Computer and Deckers Outdoor will replace Zions Bancorpation and Whirlpool , which will move to the S & P MidCap 400 Index. Macy's — Shares skyrocketed 16% after Arkhouse Management said it and Brigade Capital Management have raised their offer for the department store . DoorDash — Shares jumped more than 5% after RBC upgraded the food delivery company to outperform from sector perform. Lyft — The ride-sharing platform added 6% after RBC upgraded the stock to an outperform rating from sector perform.

Persons: Dow, Zions, —, Lyft, Morgan Stanley, Li, Piper Sandler, Ford, CNBC's Michelle Fox, Alexander Harring, Hakyung Kim, Tanaya Macheel, Yun Li, Jesse Pound, Samantha Subin Organizations: Micro Computer, Dow Jones, Whirlpool, Arkhouse Management, Brigade Capital Management, Apple, European, Miners, Marathon Digital, Cipher Mining, Iris Energy, RBC, Kyverna Therapeutics, Wells, JPMorgan, Ferrari —, Citi, Li Auto, Dutch Bros, American Airlines —, Max Locations: Wells Fargo

☆ Apple, Google and Tesla are now becoming un-magnificent, says says Alger's Crawford
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple, Google and Tesla are now becoming un-magnificent, says says Alger's CrawfordAnkur Crawford, Alger EVP and portfolio manager, joins 'Closing Bell' to discuss the bifurcation in the mega cap stocks, Crawford's thoughts on Apple, and why Apple's stock isn't given the benefit of the doubt with AI.

Persons: Alger's Crawford Ankur Crawford Organizations: Apple, Google Locations: Alger

☆ How Ford can challenge a powerful Chinese EV maker's potential entrance in the U.S.
▼ + stars: | 2024-02-27 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. Farley wants to be prepared even if the U.S. government were to step in to curtail Chinese automakers' access. Outlook Ford investors shouldn't be concerned in the short term since Chinese EV competitors won't enter the market overnight. To that end, a group of lawmakers has urged the White House to boost tariffs on Chinese vehicles and figure out a way to be "prepared to address the coming wave" of Chinese vehicles by way of U.S. other trading partners. The cost of production will become more efficient, resulting in a more competitive and hopefully profitable Ford EV product.

Persons: Forget Tesla, Jim Farley, BYD, Ford, Farley, —, Warren, Berkshire Hathaway, Morgan Stanley, I've, Tom Narayan, Stellantis, Narayan, Tesla, Jim Cramer, Jim, It's, RBC's Narayan, Ford's Farley, Wolfe, Jeff Windau, Edward Jones, shouldn't, Biden, Windau, doesn't bode, Jim Cramer's, Charly Triballeau Organizations: Nikkei, Wolfe Research, Ford, RBC Capital Markets, U.S, EV, Detroit, General Motors, Chrysler, Ford Blue, Ford Pro, Ford Model, CNBC, ICE, Ferrari, North, Outlook, Bloomberg, Ford EV, American EV, AFP, Getty Locations: U.S, Mexico, China, Europe, Indonesia, Hungary, Thailand, Inwood , New York

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