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Ford and GM Stocks Gains. Why Jefferies Upgraded Both to Buy

Ford NYSE:F and General Motors NYSE:GM shares rose on Monday after Jefferies upgraded both automakers to Buy from Hold, citing improving U.S. auto market conditions, stronger capital allocation and easing cost pressures.Jefferies raised its price target on Ford to $17.50 from $14.50, saying the com…

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Jefferies Upgrades Both Detroit Automakers

Ford Motor NYSE:F rose 2.51% and General Motors NYSE:GM 3.16% intraday after Jefferies upgraded both to Buy from Hold, raising its Ford target to $17.50 from $14.50 and its GM target to $99 from $90. Jefferies pointed to improving U.S. market conditions, better capital allocation and easing legacy…

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GM Raises Outlook After Q2 Beat

General Motors NYSE:GM beat second-quarter estimates on both revenue and earnings, then raised its full-year outlook for the second time this year.The automaker reported adjusted earnings of $3.57 per share, beating expectations by $0.39. Revenue rose 1.9% from a year earlier to $48.03 billion, com…

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GM Raises Guidance but Cuts Its Net Income Forecast Again

General Motors NYSE:GM rose 0.27% premarket after reporting second-quarter adjusted earnings of $3.57 a share on revenue of $48.03 billion, ahead of the $3.20 and $47.01 billion analysts expected. EBIT-adjusted climbed 30% to $3.9 billion and adjusted automotive free cash flow nearly doubled to $5…

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Weekly Recap: GM Korea four-hour strike and Traverse safety ratings

General Motors Company (NYSE:GM) faces a short-term production and supply risk as GM Korea’s union plans a four-hour strike July 15–16, a development traders warn could spur stock volatility even as GM touts safety wins for the 2025–26 Chevrolet Traverse and GMC Acadia, including IIHS Top Safety Pi…

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Micron, Ford sign semiconductor supply agreement for vehicles

Micron Technology NASDAQ:MU and Ford Motor NYSE:F on Monday signed a ​long-term agreement to secure the supply for memory and storage ‌platforms used in the automaker's next-generation vehicle production.This comes days after Micron's similar agreement with General Motors NYSE:GM, as part of the ch…

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Weekly Recap: GM $6B EV capacity cut and Micron five-year LPDRAM/NAND deal

General Motors (NYSE:GM) is reshaping strategy—taking a $6B charge to dial back EV capacity and refocus some plants on gasoline trucks while keeping current EVs for sale, striking a five‑year Micron memory deal, seeing EV sales fall 37% and facing a shareholder probe amid strong truck margins and U…

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