logo
Uber-Lucid partnership important for Uber and very big deal for Lucid: Former Ford CEO Mark Fields

Uber-Lucid partnership important for Uber and very big deal for Lucid: Former Ford CEO Mark Fields

CNBC17-07-2025
Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss Fields' take on Uber's deal with Lucid, how expensive the Lucid driverless taxis are and much more.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ford (F) Stock Price Prediction: Where Ford Could Be by 2025, 2026, and 2030
Ford (F) Stock Price Prediction: Where Ford Could Be by 2025, 2026, and 2030

Yahoo

time2 minutes ago

  • Yahoo

Ford (F) Stock Price Prediction: Where Ford Could Be by 2025, 2026, and 2030

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Analysts are saying that Ford could hit $17 by the year 2030. Bullish on Ford (F)? You can invest in Ford on SoFi with no commissions. If it's your first time signing up for SoFi, . Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025. As Ford continues to navigate the automotive industry's shift toward electric vehicles and respond to market challenges, investors are examining the company's long-term potential. In this article, Benzinga delves into the price predictions for Ford in 2025 and beyond, examining the factors that contribute to these forecasts. Current Overview of Ford (F) Stock Ford's stock is currently trading at $11.78, with a 52-week range of $8.44 to $14.85. The company has a market capitalization of $46.84 billion and its price-to-earnings (P/E) ratio is 9.44, which reflects its current earnings potential relative to the market. Ford reported 2024 revenue of $184.992 billion and a net income of $5.879 billion, up 35.24% from 2023. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share. Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Here's how you can earn passive income with just $100. Ford Stock Price Prediction for 2025 Ford's stock is anticipated to experience a decline. Analysts project the stock will rise to $11.85 in July and increase to $17.10 by the end of the year, reflecting more than 45% growth from current levels. The ongoing transition to electric vehicles and current market conditions will likely contribute to this forecast. While Ford's push into EVs has long-term potential, challenges like supply chain issues and market competition could hinder short-term stock performance in 2025. Ford Stock Price Prediction for 2026 By 2026, Ford's stock is expected to rebound significantly. Analysts predict the stock price could rise to $20.44, buoyed by the company's expanding electric vehicle lineup and improving financial stability. Monthly stock movements indicate a steady increase from the projected average price of $11.36. Ford's commitment to EV innovation and market share growth in this sector is a key factor driving this optimistic outlook for 2026. Ford Stock Price Prediction for 2030 Looking further ahead, Ford's stock price prediction for 2030 is still promising. Analysts expect the stock to trade between $8.06 and $17.51. This growth is fueled by the company's anticipated successful transition to electric vehicles and strong market strategy focused on innovation and sustainability. As Ford continues to evolve its product lineup and capitalize on emerging trends in the automotive industry, long-term investors may see sustained growth in the stock's value through 2030. Is Ford (F) Stock Right For You? While Ford faces some negative market indicators and a recent downgrade from a Buy to a Sell candidate, the company's long-term prospects remain attractive for certain investors. Ford offers potential value for income-focused investors with a P/E ratio of 9.44 and a solid dividend yield. Short-term challenges and fluctuating stock prices suggest caution for those looking for quick returns. Ford's future in the electric vehicle market and its continued operational success will be critical in determining whether the stock fits your portfolio. Methodology for Stock Price Prediction Ford's stock price prediction is based on a combination of technical indicators, market risk analysis and comparison with other automakers. Analysts anticipate price movements by looking at the company's net income, market sentiment and expected future news events. Technical indicators such as moving averages and relative strength index (RSI) help identify potential entry and exit points. At the same time, broader market trends and Ford's transition to electric vehicles also influence predictions. See Next: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. It's no wonder Jeff Bezos holds over $250 million in art — this beloved alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. This article Ford (F) Stock Price Prediction: Where Ford Could Be by 2025, 2026, and 2030 originally appeared on Sign in to access your portfolio

Ford Revises Tariff Hit Estimate Again - And It's Not Pretty
Ford Revises Tariff Hit Estimate Again - And It's Not Pretty

Miami Herald

time3 hours ago

  • Miami Herald

Ford Revises Tariff Hit Estimate Again - And It's Not Pretty

Ford has updated its financial guidance again for 2025, noting that tariffs will dent profits by a $3 billion gross amount, up from $2.5 billion. The automaker incurred $800 million in tariff-related expenses last quarter, and its 2025 earnings before interest and tax (EBIT) are now $6.5 billion to $7.5 billion, down from February's forecast of $7 billion and $8.5 billion. This rise in anticipated tariff costs stems from Ford's imports of vehicle parts, steel, and aluminum, along with levies on Mexico and Canada remaining higher for longer than expected. Ford's tariff bill from Q2 eliminated its net profit, resulting in the company's first quarterly loss since 2023. Ford Chief Financial Officer (CFO) Sherry House said that the manufacturer is in near-daily contact with Washington discussing ways to reduce tariff expenses. House described the interactions as "constructive conversations" centered around steel and aluminum tariffs, according to NBC4 Los Angeles. The Ford CFO added: "They've [Trump administration] made it clear that Ford, as the most American automaker, should not be disadvantaged," The Wall Street Journal reports. Ford's extensive network of domestic production facilities is helping the company fare slightly better than General Motors (GM), which reported that it lost $1.1 billion in Q2 due to tariffs, with a predicted $4 billion to $5 billion hit for the year. GM expects to offset 30% of its 2025 gross tariff losses, and Ford said it can offset $1 billion. Stellantis shared on Tuesday that import levies will reduce its earnings this year by about $1.7 billion, but while this amount is lower than Ford's and GM's, it posted a $2.65 billion net loss in the first half of 2025 alone. Around 80% of the vehicles that Ford sells in the U.S. are produced domestically, about 25% more than GM and Stellantis. Still, Ford relies heavily on imported components for segments such as electric vehicles (EVs) and hybrids. President Trump set an August 1 deadline for most countries to finalize trade deals with the U.S. or face elevated tariffs. While the European Union, South Korea, and Japan reached a 15% import agreement with the US, Ford continues to face steeper tariffs on many parts. Trump's administration doubled steel and aluminum tariffs to 50%, raising costs for material suppliers and causing consumers to absorb the additional expenses. Ford recently finished extending its employee discount to all customers on most of its inventory, and the automaker may raise prices on EVs and hybrids shortly to recoup some profit losses from tariffs. Consumers may also see Ford cut back on incentives and discounts for fleet and commercial purchases. Ford's tariff bill is better than GM's thanks to its strong domestic manufacturing presence, but the outlook could be better. GM's Q2 tariff bill was $300 million more than Ford's-an amount that seems like it should be higher given that Ford produces about 25% more domestic vehicles than GM. However, Ford's reliance on imported components for segments like EVs is costing the company significantly, underscoring the importance of timely White House negotiations as other countries strike trade deals and reduce tariff rates. Copyright 2025 The Arena Group, Inc. All Rights Reserved.

3 Side Gigs That Could Struggle in a High-Tariff Economy
3 Side Gigs That Could Struggle in a High-Tariff Economy

Yahoo

time3 hours ago

  • Yahoo

3 Side Gigs That Could Struggle in a High-Tariff Economy

The world is bracing for a changing economy as many of President Trump's new tariffs go into effect. Not only will these added costs on imports hurt Americans' wallets, they could make earning money in the gig economy harder, too. Consider This: Read Next: Trump announced on Wednesday, July 16 that he would send a letter implementing tariffs on goods from 150 smaller countries. Tariffs with larger trade partners, including Mexico, the European Union and Canada would also go into effect on August 1. Tariffs already in effect include a 25% tariff on vehicle import and auto parts, a 30% tariff on many Chinese imports, and up to 50% on steel and aluminum, according to NewsNation. These tariffs will affect prices on consumer goods, which, in turn, could hurt small businesses and gig workers. GOBankingRates spoke with Keith Spencer, career expert at Resume Now, to find out which gig workers could be hit hardest by tariffs in 2025. Rideshare and Delivery Drivers Drivers for companies like Uber and Lyft could feel the sting of tariffs on oil imports, motor vehicles and car parts, which would increase their business costs. 'Fuel, tires and parts, many of which are imported, become more expensive,' Spencer said. At the same time, demand might decrease. Faced with rising costs, people might forgo little luxuries like ordering DoorDash or having their groceries delivered via InstaCart. 'In a high-tariff economy, side gigs that rely heavily on consumer convenience tend to struggle first,' Spencer said. 'When prices rise, people naturally start cutting back on discretionary spending. That often impacts gig workers who depend on steady, high-volume demand.' Learn More: Task-Based Gigs and Home Help People who have been making money doing random tasks around the home through services like TaskRabbit may struggle to find customers. People who assemble furniture, mount TVs or perform small contracting and handyman tasks around the home will likely feel the impact of tariffs. People may choose to complete these tasks on their own rather than hiring someone. Plus, Spencer said, 'If the price of imported goods like furniture or electronics increases, people may delay or avoid those purchases. That naturally reduces demand for anyone offering services to set them up. Even when demand is steady, the cost of tools and materials often rises, which means gig workers are spending more out of pocket just to do their jobs.' Online Resellers If you've been earning money through eBay, Facebook Marketplace or affiliate sales, you may want to brace yourself for reduced sales and shrinking profit margins. 'If your side hustle involves sourcing products from overseas, such as electronics, clothing or beauty items, you may see your margins shrink,' Spencer said. 'Tariffs raise the base cost of goods, and consumers may push back on higher prices. That combination makes it harder for solo sellers to compete or stay profitable.' What To Do Instead While some gig workers may struggle, it doesn't mean the gig economy is dead. 'Not all side gigs are equally vulnerable,' Spencer said. Pointing to recent data from Resume Now, he noted that administrative support roles saw a 10% pay increase in the first quarter of 2025. Remote healthcare support has seen 70% year-over-year growth, based on further Resume Now data. 'Workers who want to future-proof their income in a high-tariff or high-cost economy might consider transitioning into roles that are both essential and automation-resistant,' Spencer advised. 'The side gigs most likely to succeed in a high-tariff economy are those that meet essential needs, help others cut costs, or can be performed remotely.' More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 7 Luxury SUVs That Will Become Affordable in 2025 6 Hybrid Vehicles To Stay Away From in Retirement This article originally appeared on 3 Side Gigs That Could Struggle in a High-Tariff Economy Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store