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Shares of two of the oldest automakers around have run over the $S&P 500 Index (.SPX.US)$ in the past month as each unveiled detailed plans to take on electric vehicle king $Tesla (TSLA.US)$. Over the last month, shares of $Ford Motor (F.US)$ and $General Motors (GM.US)$ have each gained about 15.5%. The $S&P 500 Index (.SPX.US)$ has returned a more pedestrian 4.5% as investors fret about the debt ceiling, inflation, climbing 10-year yields and a legion of other headline risks.
$General Motors (GM.US)$ told investors at a two-day meeting in Detroit this week it aims to double sales by 2030 amid a flurry of new EV models. The company believes it could take its operating profit margin to a range of 12% to 14%, from 7.9% last year.
Meanwhile, GM said it would debut an all-electric Silverado pickup truck at the Consumer Electronics Show (CES) in January, and boost sales from software services in coming years.
The news out of GM sent the stock up 6% in Thursday's session.
As for $Ford Motor (F.US)$ , it's probably having the more impressive past month or so.
The Detroit-based auto giant said last week it will partner with SK Innovation to invest $11.4 billion to construct two "mega-sites" — one in Tennessee and the other in Kentucky — that will build electric trucks and batteries. Ford's portion of the investment — $7 billion — is the largest manufacturing investment in the company's 118-year-old history.
Ford will construct Blue Oval City in Stanton, Tennessee, the site will aid in building an "expanded" electric-truck lineup. Currently, Ford has released the all-electric SUV called the Mach-E and soon will begin producing the all-electric F-150 Lightning.
It seems that the EV sector is going to become a cutthroat market. Who do you think is holding a better chance to win the fight and thrive? And who's going to lose and vanish? What's the most crucial element? Vote and tell all mooers your analysis!
Source:
Why shares of these two old automakers are on fire
$General Motors (GM.US)$ told investors at a two-day meeting in Detroit this week it aims to double sales by 2030 amid a flurry of new EV models. The company believes it could take its operating profit margin to a range of 12% to 14%, from 7.9% last year.
Meanwhile, GM said it would debut an all-electric Silverado pickup truck at the Consumer Electronics Show (CES) in January, and boost sales from software services in coming years.
The news out of GM sent the stock up 6% in Thursday's session.
As for $Ford Motor (F.US)$ , it's probably having the more impressive past month or so.
The Detroit-based auto giant said last week it will partner with SK Innovation to invest $11.4 billion to construct two "mega-sites" — one in Tennessee and the other in Kentucky — that will build electric trucks and batteries. Ford's portion of the investment — $7 billion — is the largest manufacturing investment in the company's 118-year-old history.
Ford will construct Blue Oval City in Stanton, Tennessee, the site will aid in building an "expanded" electric-truck lineup. Currently, Ford has released the all-electric SUV called the Mach-E and soon will begin producing the all-electric F-150 Lightning.
It seems that the EV sector is going to become a cutthroat market. Who do you think is holding a better chance to win the fight and thrive? And who's going to lose and vanish? What's the most crucial element? Vote and tell all mooers your analysis!
Source:
Why shares of these two old automakers are on fire
![Daily Poll: The EV battlefield: Oldest automakers are on fire.](https://ussnsimg.moomoo.com/1633676988358-77777000-android-org.gif/thumb)
![Daily Poll: The EV battlefield: Oldest automakers are on fire.](https://ussnsimg.moomoo.com/1633676988389-77777000-android-org.png/thumb)
![Daily Poll: The EV battlefield: Oldest automakers are on fire.](https://ussnsimg.moomoo.com/1633676988396-77777000-android-org.png/thumb)
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Happy Monday mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.)
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This week, @moo_Livewill live stream the $NVIDIA (NVDA.US)$ Earnings Conference Call and $Tesla (TSLA.US)$ AI day in moo community for informational purposes. Follow @moo_Liveand stay tuned!
![Weekly Buzz: I had a dream.](https://ussnsimg.moomoo.com/1629111089682-77777000-android-org.gif/thumb)
![Weekly Buzz: I had a dream.](https://ussnsimg.moomoo.com/1629111089722-77777000-android-org.png/thumb)
![Weekly Buzz: I had a dream.](https://ussnsimg.moomoo.com/1629111089773-77777000-android-org.jpg/thumb)
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Happy Monday, mooers! Have you watched the "Virgin Galactic Unity 22 Spaceflight Livestream" yesterday?
If you haven't, click here to watch the video shared by @XDFXThanks a lot for this mooer's sharing!
Back to Weekly Buzz, let's review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.).
Every major index moved higher last week. Here's the weekly buzzing stock list of last week:...
If you haven't, click here to watch the video shared by @XDFXThanks a lot for this mooer's sharing!
Back to Weekly Buzz, let's review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes last week! (Nano caps are excluded.).
Every major index moved higher last week. Here's the weekly buzzing stock list of last week:...
![Weekly Buzz: How was your profit and loss last week?](https://ussnsimg.moomoo.com/1626076333669-77777000-android-org.png/thumb)
![Weekly Buzz: How was your profit and loss last week?](https://ussnsimg.moomoo.com/1626076333702-77777000-android-org.jpg/thumb)
![Weekly Buzz: How was your profit and loss last week?](https://ussnsimg.moomoo.com/1626076334744-77777000-android-compress.png/thumb)
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$UP Fintech (TIGR.US)$ Upward financing should have been changed to downward financing.
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$NIO Inc (NIO.US)$ 中概股尽是一堆没实力又说大话,给人画大饼收割韭菜的垃圾股。
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$Futu Holdings Ltd (FUTU.US)$ 明天 put 它
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$Futu Holdings Ltd (FUTU.US)$ They all say they can only do short-term increases, and then they have to sell.
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