See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related news
- Group 1 Automotive, Inc. Q3 2026 Earnings Call Summary
- Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Ford Motor will report third-quarter results after markets close Wednesday. Based on average analyst estimates compiled by LSEG, Wall Street expects adjusted earnings of 40 cents per share and automotive revenue of $46.24 billion, which would mean a 2% revenue decline and a roughly 11% drop in adjusted EPS from a year earlier. Investors will focus on F-Series pickups, especially the F-150, whose production fell from more than 57,500 units in August to less than 43,000 in September because of an unrelated supplier problem. Ford said the disruption is “containable within” its 2026 adjusted earnings guidance, and analysts generally expect the outlook to be maintained, though they differ on the quarter's impact and are watching warranty costs.
- Is General Motors Stock Stronger Than It Looks?
General Motors has kept buying back shares, cutting its diluted share count 35.6% from Q3 2023 to Q3 2026, though buyback spending slowed to $3.3B in the 12 months to September 2026 from $10.2B a year earlier. On October 20, 2026, the board approved a new $20B repurchase authorization, which would equal about 30% of the company's $66.2B market value if fully used. Net income rose to $3.34B in Q3 2026 from $1.33B even though vehicle sales fell 5.5%, and the GAAP operating margin rose to 7.2% from 2.2%. However, the 12-month operating margin fell to 2.3% from 4.3%, and total reported debt equals 194.5% of market value versus 19.4% for the S&P 500. The article notes that if profit slipped back toward the loss of late 2025, each remaining share would hold a larger slice of a smaller profit, and points to buyback spending and the diluted share count in Q4 2026 as key figures to watch.
- 3 EV Stocks To Watch With Revenue Growth Up To 33%
Brent crude hit its strongest level since late April on fresh worries about Middle East supply, a backdrop the article says could sharpen interest in electric vehicles. It highlights Rivian Automotive, which builds electric pickups, SUVs and delivery vans, with about US$4.0b in Automotive revenue, US$1.9b from Software and Services, and a market value of roughly US$17.5b. Rivian is targeting initial rollout of supervised point-to-point driving under its Autonomy Plus package toward year end, which the article says could add higher-margin software and subscription revenue. Tesla, valued at roughly US$1.5t, remains centered on selling electric cars while pursuing AI, robotaxis, humanoid robotics and battery storage, though the article notes significant technological and regulatory hurdles remain in autonomous vehicles and robotics.
- Gentex Corporation Q3 2026 Earnings Call Summary
- Autoliv, Inc. Q3 2026 Earnings Call Summary
Related markets
Latest news
- Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets
Wallets linked to Binance were drained of at least $5.5 billion, and the total is still rising. The funds were moved through the decentralized exchange Uniswap and the lending app Aave, swapping stablecoins that issuers can freeze for ETH, which has no issuer able to freeze it. Stablecoin issuers have frozen more than $2 billion in USDT and USDC, and Ripple has frozen about $200 million in RLUSD, according to Binance co-CEO Yi He. Even so, about 253,000 ETH, roughly $570 million, sat in two wallets with no outgoing transfers as of 22:07 UTC. Aave froze its V3 markets on Ethereum, Kamino paused borrowing in its SOL/BTC market as a precaution, and Binance said it was investigating the security incident but had not confirmed that user funds were affected.
- Kimco Realty Corporation Q3 2026 Earnings Call Summary
- Laureate Education, Inc. Q3 2026 Earnings Call Summary
- JPMorgan Is Bullish on Palantir, Predicts Over 30% Rally on Strong AI Demand
JPMorgan initiated research coverage of Palantir Technologies (PLTR) with an 'overweight' rating and a 12-month price target of $262, a 33% premium to Thursday's closing price. The bank said enterprise focus is shifting toward the AI value creation that Palantir provides, and highlighted demand for 'AI sovereignty', which allows enterprises and governments to independently secure and own their AI capabilities. Palantir is scheduled to report third-quarter results after the market closes on Monday, Nov. 2, with expected revenue of $2.18 billion and earnings of $0.41 per share. PLTR slipped about 0.2% on Thursday and has gained about 5% year-to-date, while 19 of 30 analysts rate the stock 'buy' or 'strong buy', according to Fiscal.ai data.
- Tampered Ledger reported in Singapore a month before news broke: Asia Express
Singapore police say at least two cases involving tampered Ledger hardware wallets have been reported since Sept. 10, with combined losses of about 3.5 million Singapore dollars ($2.7 million). This is almost a month before the wider incident became public, though it is unclear whether the September 10 case was reported at the time, and the October 28 consumer alert described the police investigation as preliminary. On Oct. 9, Ledger issued a public alert about tampered devices found in the CryptoBilis supply chain, and almost $100 million was drained from wallets containing spyware components. On Oct. 13, Ledger asked retailers in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong to suspend sales of its devices while investigations continue.
- Google owner Alphabet reports 25% revenue growth in Q3 2026
Alphabet, Google's parent company, reported consolidated revenue of $127.58bn for the quarter ended 30 September 2026, up 25% year-on-year and its 13th straight quarter of double-digit growth. Operating income rose 30% to $40.58bn, but net income available to common stockholders fell to $26.17bn from $34.98bn, and diluted EPS dropped to $2.12 from $2.87. Google Cloud revenue more than doubled to $30.71bn, with operating income of $11.12bn, which Alphabet attributed to enterprise AI infrastructure, enterprise AI solutions, core GCP services and TPU system sales. Google Services revenue grew 11% to $96.30bn, with Google Search & other at $63.35bn and YouTube advertising at $11.21bn. Purchases of property and equipment reached $51.36bn, and free cash flow turned negative at $9.07bn compared with positive $24.55bn a year earlier.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.