BusinessWells Fargo double downgrades Ford and GM, says 2022...

Wells Fargo double downgrades Ford and GM, says 2022 could be 'peak profits' for legacy automakers



Wells Fargo moved its rating to underweight for the two automakers, citing rising costs for electric vehicles.



Original Source Link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Satoshi Nakamoto’s Bitcoin State Of Mind

Imagine Tupac Shakur (also known professionally as 2Pac) coming back to discover modern rap music. At the very...

Nasdaq Composite slides 3.2% as stock sell-off gathers pace

US stocks resumed their slide on Wednesday after unexpectedly hot “core” inflation data raised expectations for aggressive policy...

How 10 Skin Tones Will Reshape Google’s Approach to AI

For years, tech companies have relied on something called the Fitzpatrick scale to classify skin tones for their...

Baptist Health Care Plans Behavioral Health Unit In Florida

Baptist Health Care in Pensacola, Fla., is planning a new $30 million inpatient behavioral health unit as part...

AI and gravity signals could rapidly detect big earthquakes

Massive earthquakes don’t just move the ground — they make speed-of-light adjustments to Earth’s gravitational field. Now, researchers...

Must Read

- Advertisement -

You might also likeRELATED
Recommended to you