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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
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Ford Motor Co (NYSE: F) Debuts New Electric Courier Van For The European Market

Ford Motor Co (NYSE: F) plummeted over around 17% in previous trading session on in order to compete with other electric van companies like Arrival SA and win over commercial clients in Europe, the company presented a new electric Courier van.

The electric Courier is one of many updated small business van models for the European market, along with gasoline and diesel versions, according to Ford. According to Ted Cannis, president of Ford Pro, the new Courier vans will be able to carry higher loads since they are 25% larger than the existing model.

According to Cannis, the electric Courier will cater to European business clients who operate in places like Paris where officials have outlined intentions to outlaw combustion cars from city cores. The Courier electric will debut the following year.

Cannis noted that the transition to electric vehicles is not occurring as quickly in Europe. “It’s radically varied from nation to country,” he remarked. New vehicles for the Petrol Couriers portfolio will debut this summer.

Market by market, you must mix and match all available possibilities, he added. It is why it is so distinctive for novice players.

Cannis said that Ford anticipates that many commercial fleet clients in the US would be eligible for $7,500 in tax credits if they purchase electric Transit vans. As of April 18, according to new U.S. government regulations, Ford announced the tax credit for retail purchasers of electric Transit vans will be reduced to $3,750.

Ford and the accounting firm Ernst & Young are working together to inform commercial clients in the United States of their eligibility for $7,500 tax credits under the Inflation Reduction Act.

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company,...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading...

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RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company, with a substantial market capitalization of $112.57 billion, has seen its shares trade within a...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading session on Wednesday, September 6, 2023. Investors and market aficionados were eagerly awaiting the tech company's...

Nikola Corp. (NASDAQ: NKLA) Hit by Active Sellers on Profit in ‘Short Squeeze’

Shares of Nikola Corp. (NASDAQ: NKLA) drops in early trading session on Monday as the cutting into paper earnings for traders betting against the electric-vehicle company and setting them up for a short squeeze. According to S3 Partners LLC statistics,...

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