CEO Ford Tamer said the first quarter developed as expected, with sequential revenue growth, a record level of design wins, and a further expansion of our operating margins.
Automotive manufacturer Ford (NYSE:F) reported Q1 CY2025 results exceeding the market’s revenue expectations, but sales fell by 5% year on year to $40.66 billion. Its non-GAAP profit of $0.14 per share was significantly above analysts’ consensus estimates.
Semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 14.7% year on year to $120.2 million. The company expects next quarter’s revenue to be around $123.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.22 per share was in line with analysts’ consensus estimates.
Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.
Ford Motor Company (NYSE: F) shares are trading lower Monday ahead of the automaker's first-quarter earnings report scheduled for release after the market close.
Trump to sign Take It Down Act targeting deepfake media, while easing tariffs on foreign parts for US vehicles. Apple reports strong earnings and considers shift to India amid China tariff pressures.
The weekend saw a flurry of business news, including criticism of Tesla's robotaxi economics, insider stock sales by Tesla's leadership, Ford's 16% sales growth, and JetBlue's potential partnership talks with United Airlines.
Though Musk and Tesla have both denied the WSJ report, the broader EV market could become more competitive and diversified if Tesla loses its market dominance without Musk at the helm.
