Money

Ford beefs up F-150 Lightning production to compete in growing EV market

Published

2 years ago

April 26, 2022

ticker NEWS

Move over Tesla, Ford’s brand new all-electric pick up truck is here

Automotive giant, Ford is set to roll out its brand new, updated version of the F150 EV from this week.

The roll out marks a pivotal moment for Ford in its push to move to hybrid and electric vehicles in the United States.

When the Ford F150 Lightning was first announced last year, and as of Monday morning, the 2022 model of the Lightning was sold out.

Ford expects to increase production of the F-150 Lightning to 150,000 units in the next year or so, up from an initial target of 40,000 vehicles.

Ford CEO Jim Farley is hopeful that the company will outperform its competitors by producing more vehicles with its latest vehicle offering.

Interest in electric vehicles has accelerated over the past few year, especially as fuel prices continue to rise.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending