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g win NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.

MINNEAPOLIS (AP) — With Penn State's strong push for a spot in the College Football Playoff still a couple of wins from completion, the biggest roadblock to a bid for the Nittany Lions in this favorable final third of their schedule has appeared with a trip to Minnesota . That's why this week, naturally, is too early for them to talk about making the inaugural 12-team tournament — as enticing as their prospects might be. “I think the quality of teams that we go in and play each week speaks for itself,” quarterback Drew Allar said. "But as far as rankings, it doesn’t really matter until it matters.” Penn State (9-1, 6-1 Big Ten) is fourth in both the AP poll and the CFP rankings this week, needing help for a long-shot hope of reaching the Big Ten title game because of a loss to now-No. 2 Ohio State on Nov. 2. In this new era of playoff expansion, the Nittany Lions are on firm footing for an at-large bid. Lose to the unranked Gophers (6-4, 4-3), however, and that ground could become shaky given the current collection of standout two-loss teams in the SEC. In case the Nittany Lions needed proof of the danger of letting focus diverge, coach James Franklin and his staff can call up the tape from Nov. 9, 2019. That's when an undefeated Penn State team came to Minnesota and lost 31-26 . The Nittany Lions lost again at Ohio State two weeks later and finished 11-2, one of several not-quite performances for this storied program that last went unbeaten in 1994 and hasn't been recognized as national champions since 1986. The Gophers were undefeated themselves after that game before losses to rivals Iowa and Wisconsin ended their Rose Bowl quest. This team isn't on that level of talent and success from five years ago, but the chemistry has been off the charts. Coach P.J. Fleck drew attention to some of the individual standout performances that fueled the signature victory in 2019 in meetings with players this week. “We need our best playmakers to play their best. Penn State’s going to need their playmakers to be their best. That’s what happens in November,” Fleck said. Tyler Warren has already shattered nearly every record for Penn State tight ends. The do-it-all senior become such a force his teammates insist he’s worthy of the Heisman Trophy, tracking toward the top of the NFL draft board for his position next spring. “He’s the best tight end in America, but he’s also the most complete tight end in America," Allar said. Warren is coming off a 190-yard performance at Purdue that included 63 yards on three rushes and 127 yards on eight receptions. “He has the ability to take a play that should be 2 or 3 yards and turn it into 30 or 40,” Gophers defensive end Danny Striggow said. Penn State defensive end Abdul Carter has 171⁄2 tackles for loss, the second-most in the FBS, and eight sacks to match the third-most in the Big Ten. He has a challenging matchup this week with Minnesota left tackle Aireontae Ersery across from him in a battle of projected first-round NFL draft picks. Gophers coaches told Striggow and his fellow defensive linemen a couple of seasons ago to relish the opportunity to face Ersery in practice. “That’s one of the best looks in the country that you’re going to get,” Striggow said. Carter has successfully made the transition from linebacker this season. “He is impacting the game in a number of ways, which creates opportunities for other guys on our defensive line and within our defense and causes a lot of headaches,” Franklin said. “He is becoming more and more of a leader every single day.” Allar and the Nittany Lions have paid particular attention to protecting the ball this week, given the Gophers have 16 interceptions, one short of the national lead. Penn State quarterback Drew Allar feels he’ll need to be especially accurate this weekend considering Minnesota has 16 interceptions on the season. “We’re just going to have to be disciplined and stick to our game plan,” Allar said. The Gophers have a strong group of departing players who will take the field at Huntington Bank Stadium for the final time, including Ersery, quarterback Max Brosmer, wide receiver Daniel Jackson, right guard Quinn Carroll, cornerback Justin Walley, kicker Dragan Kesich and Striggow. “It’s been good to reflect, but it’s not over yet," Striggow said. "Those short windows of reflection, I cut ’em out and then say, ‘We’ve got some more memories to make.’” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football .

The markets are likely to influence the next administration’s decision-making and, occasionally, serve as a check on some of Trump’s most immoderate behaviour. Jeff Sommer The US President-elect follows the markets closely. He bragged frequently about how well stocks performed in his first term in office, and said they had boomed this year in anticipation of his return to the White House. Since Election Day, a great deal of financial analysis has been devoted to one central question: How will the new Trump administration affect the markets? Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month $9.90 $9.90/month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now

(The Center Square) – A political insider says the nature of Illinois politics has dramatically changed in the past two decades. Although Democrats won a majority of seats statewide, Republicans made some strides. President-elect Donald Trump won a larger percentage of the Illinois vote than he did four years ago. “The voters that were for Trump were concerned about inflation, the economy, immigration, and a judgment on the Biden Administration,” said Kent Redfield, professor of political science at the University of Illinois-Springfield during a University of Illinois-Extension webinar. “People were not pleased with the direction of the country.” During a recent news conference, Illinois House Republicans said they believe voters sent Democrats a message at the ballot box, and it’s time to change. “The residents of the state voted with their pocket books in mind. signaling a resounding call for better fiscal accountability and immediate relief,” said House Minority Leader Tony McCombie, R-Savanna. Redfield said Illinois Democrats have created a super majority simply by drawing legislative maps in their favor. “Democrats in drawing the maps have taken what is an advantage in terms of demographics and voting behaviors,” said Redfield. A report card from the Coalition Hub for Advancing Redistricting and Grassroots Engagement gave Illinois an “F” grade due to “egregious racial and partisan gerrymandering, or sorting voters based on race and partisanship.” Redfield said downstate Illinois continues to be mostly Republican, but the political scene is different now. “Dramatically within Illinois, we’ve gone from a party-centered kind of process to one that is much more candidate-centered,” said Redfield.Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Ooma OOMA in the last three months. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 1 0 0 0 1M Ago 2 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $17.12, with a high estimate of $18.00 and a low estimate of $15.50. Surpassing the previous average price target of $14.88, the current average has increased by 15.05%. Exploring Analyst Ratings: An In-Depth Overview An in-depth analysis of recent analyst actions unveils how financial experts perceive Ooma. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Eric Martinuzzi Lake Street Raises Buy $18.00 $14.00 Michael Latimore Northland Capital Markets Raises Outperform $18.00 $16.00 Matthew Harrigan Benchmark Raises Buy $17.00 $15.00 Josh Nichols B. Riley Securities Raises Buy $15.50 $14.50 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ooma. This information provides a snapshot of how analysts perceive the current state of the company. Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ooma compared to the broader market. Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ooma's stock. This examination reveals shifts in analysts' expectations over time. To gain a panoramic view of Ooma's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table. Stay up to date on Ooma analyst ratings. If you are interested in following small-cap stock news and performance you can start by tracking it here . Discovering Ooma: A Closer Look Ooma Inc is a communications services company. It is a smart software-as-a-service ("SaaS") and unified communications platform that deliver voice and collaboration features including messaging, intelligent virtual attendants and video conferencing, and residential phone service provides PureVoice high-definition voice quality, advanced functionality and integration with mobile devices. Its services rely upon the following main elements: multi-tenant cloud service, on-premise devices, desktop and mobile applications, and calling platforms. Ooma generates revenues from the sale of subscriptions and other services. Ooma: Delving into Financials Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges. Positive Revenue Trend: Examining Ooma's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 9.9% as of 31 July, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector. Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -3.33%, the company showcases strong profitability and effective cost control. Return on Equity (ROE): Ooma's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -2.62% ROE, the company effectively utilizes shareholder equity capital. Return on Assets (ROA): Ooma's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -1.39%, the company showcases efficient use of assets and strong financial health. Debt Management: Ooma's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.3 . The Basics of Analyst Ratings Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter. Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights. Which Stocks Are Analysts Recommending Now? Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Transportation Embedded PC Market Outlook and Future Projections for 2030 11-23-2024 11:02 AM CET | Business, Economy, Finances, Banking & Insurance Press release from: Dhirtek Business Research and Consulting Transportation Embedded PC Market The transportation embedded pc market represents a dynamic and continually evolving landscape, shaped by changing consumer demands and technological advancements. In this comprehensive report, we provide an in-depth exploration of the market, designed for a wide range of stakeholders including manufacturers, suppliers, distributors, and investors. Our goal is to equip industry participants with essential insights that enable informed decision-making in an ever-changing market environment. This analysis not only examines the current state of the transportation embedded pc market but also forecasts its future trends. Scope and Purpose This report serves as an extensive resource, thoughtfully curated to deliver actionable intelligence to industry stakeholders. It covers critical elements such as market dynamics, competitive environments, growth opportunities, challenges, and regional differences. The insights provided go beyond mere descriptions, offering a valuable tool for stakeholders to refine their strategies and make informed choices in a competitive market. Request for Sample Report: https://www.dhirtekbusinessresearch.com/market-report/Transportation-Embedded-PC-Market/request-for-sample-report Comprehensive Market Analysis We are committed to providing a thorough analysis that explores every aspect of market growth, including shifts in consumer preferences and technological innovations driving demand for transportation embedded pc products. We also address the challenges faced by the industry, such as economic uncertainties and intense competition, offering insights to help stakeholders navigate these complexities. Key Players in the Transportation Embedded PC Market: Axiomtek Advantech Syslogic Cincoze Broadax Systems congatec Kontron VersaLogic MOXA NEXCOM IEI WINMATE KORENIX Strategic Guidance for the Future This report invites stakeholders to delve into a detailed examination of the competitive landscape. By profiling key players in the transportation embedded pc market and analyzing their strategies, we offer crucial insights to help industry participants make informed strategic decisions. Whether it's about outpacing competitors or learning from successful approaches, our analysis is designed to guide stakeholders toward success. Anticipated Insights Understanding the diverse segments within the transportation embedded pc market is critical to success. Our report breaks down segment sizes, potential growth trajectories, and key trends, offering actionable insights that allow stakeholders to develop targeted strategies and optimize resource allocation. The knowledge provided empowers stakeholders to navigate the complexities of the transportation embedded pc market with clarity and confidence. Balancing Market Forces and Strategic Impact This report delivers a comprehensive analysis of the factors shaping the transportation embedded pc market. By evaluating both the drivers of market growth and the obstacles that could impede it, stakeholders gain a holistic understanding of the market's dynamics. For manufacturers, this analysis helps align innovation efforts with consumer demands and regulatory trends, while investors and decision-makers gain a deeper understanding of economic risks and supply chain vulnerabilities, allowing them to make more informed strategic choices. Our goal is to provide stakeholders with the knowledge needed to confidently and successfully navigate the transportation embedded pc market. Competitive Landscape Our in-depth examination of the transportation embedded pc market's competitive landscape highlights key players, scrutinizing their strategies and impacts on the industry. By analyzing the approaches of major companies, stakeholders gain a valuable understanding of market dynamics and can leverage these insights to identify growth opportunities, innovate, and make informed strategic decisions. Market Segmentation The report begins with a detailed analysis of the unique characteristics defining each segment within the transportation embedded pc market. Segmentation can occur across various dimensions, including product types, customer demographics, or specific use cases. Understanding these differences allows stakeholders to tailor their strategies, products, and marketing efforts to meet the specific needs of each segment, enhancing competitive positioning and maximizing opportunities for success. Market Segments: Product Type: Dual Core Processor Quad Core Processor Others Application: Marine Railway Aerospace Others Market Size and Segment Growth Potential A crucial part of the report focuses on understanding the size and significance of each market segment. We provide quantitative data that illustrates the market share and contribution of each segment, enabling stakeholders to make informed decisions regarding resource allocation, strategic prioritization, and investment. This section offers insights into the growth potential of each segment, including factors driving future expansion, evolving consumer preferences, and technological adoption. Conclusion This report serves as a strategic guide for stakeholders in the transportation embedded pc market, offering comprehensive insights into market segmentation, competitive dynamics, and growth potential. By understanding the market's complexities and emerging opportunities, industry participants can make well-informed decisions that drive success and innovation in this rapidly evolving market. Other Reports Cerium Bromide Scintillator Market https://www.dhirtekbusinessresearch.com/market-report/Cerium-Bromide-Scintillator-Market Melamine Foam Block Market https://www.dhirtekbusinessresearch.com/market-report/Melamine-Foam-Block-Market High Energy Cast Booster Market https://www.dhirtekbusinessresearch.com/market-report/High-Energy-Cast-Booster-Market Offshore Photovoltaic Modules Market https://www.dhirtekbusinessresearch.com/market-report/Offshore-Photovoltaic-Modules-Market "Contact Us Dhirtek Business Research and Consulting Private Limited Contact No: +91 7580990088 Email Id: sales@dhirtekbusinessresearch.com" "About Us Dhirtek Business Research & Consulting Pvt Ltd is a global market research and consulting services provider headquartered in India. We offer our customers syndicated research reports, customized research reports, and consulting services. Our objective is to enable our clientele to achieve transformational progress and help them to make better strategic business decisions and enhance their global presence. We serve numerous companies worldwide, mobilizing our seasoned workforce to help companies shape their development through proper channeling and execution. We offer our services to large enterprises, start-ups, non-profit organizations, universities, and government agencies. The renowned institutions of various countries and Fortune 500 businesses use our market research services to understand the business environment at the global, regional, and country levels. Our market research reports offer thousands of statistical information and analysis of various industries at a granular level." This release was published on openPR.

US lawmakers back Covid Chinese lab leak theory after two-year probe

TETRA TECHNOLOGIES, INC. INTRODUCES TETRA OASIS TOTAL DESALINATION SOLUTION (TETRA OASIS TDS) AND RESULTS FROM PERMIAN BASIN BENEFICIAL RE-USE PILOTAmbient Scientific unveils first ever AI module powered by a coin cell batteryGeneral Motors Co. and Ford Motor Co. are emphasizing their ability to be flexible in responding to consumer demand in light of potential policy changes under President-elect Donald Trump's administration. The incoming administration could see the elimination of the Inflation Reduction Act's tax credit of up to $7,500 on plug-in vehicles, limits on the most aggressive fuel economy and carbon emission policies in the country's history passed by the Biden administration, greater influence from Tesla Inc. CEO Elon Musk potentially serving in his Cabinet, the renegotiation of the United States-Mexico-Canada trade agreement and a federal framework for self-driving vehicles. Such changes could slow consumer adoption of electric vehicles and elongate the automakers' recuperation of investments in that technology. "The writing is on the wall," said Daniel Ives, analyst at investment firm Wedbush Securities Inc. "They are going to have to peal back their EV strategy. Until everything is official, everyone will stay middle of the road, but big change is coming." Executives of these two Detroit crosstown rivals both said it's unclear exactly what the future will hold, but they expressed confidence in their companies' abilities to navigate that future long-term. GM Chief Financial Officer Paul Jacobson emphasized manufacturing flexibility to switch between building internal combustion engine vehicles and EVs. Meanwhile, John Lawler, Ford's chief financial officer and vice chairman, said the Dearborn automaker's strength lies in its existing offerings of gas and diesel-powered vehicles, EVs and hybrids. Ford is forecasting with various models about potential scenarios, Lawler said. The company already understands that if the tax credits were to end, EV demand and production will decrease unless the company can find a way to bring prices down, though it's already losing money on its EVs. The company last week paused production on its F-150 Lightning truck in Dearborn into the new year to preserve profitability as it projects a $5 billion loss on its Model e EV division. It, however, has eliminated more than $1 billion in costs within the division this year. Consumers aren't willing to pay a premium on EVs, though they are for hybrids, added Sherry House, Ford's vice president of finance and incoming CFO. "What we do is provide choice: ICE, multi-energy hybrid, plug-in, HEV, others," Lawler said. "There'll be other multi-energy choices coming and then EVs, so the strategy is not going to change. We are going to provide consumers choice. They can choose the best propulsion system that fits their duty cycle." Lawler added: "Of course, the IRA plays into it, etc., all that's going to change. So, what we're doing is we're modeling various scenarios, and we will adjust accordingly. We're in pretty good shape, because we do have hybrid vehicles, and we can pivot." GM, on the other hand, doesn't have hybrids in North America after planning to go all in on EVs only to reverse that decision once EV adoption missed expectations. The automaker is planning to reintroduce plug-in hybrids in 2027, because that's the first year of the Biden administration's greenhouse gas tailpipe emission limits. GM also is more vulnerable to a tax credit elimination. Chevrolet has five vehicles that qualify for the full $7,500 and Cadillac has one. Executives expect to produce and wholesale about 200,000 EVs by the end of 2024. Ford has one vehicle that qualifies for the $7,500 tax credit, one for a $3,750 subsidy and luxury brand Lincoln has one eligible for a $3,750 incentive. Jacobson emphasized that the Detroit automaker will continue to reduce its costs and simplify products. The automaker last week announced more layoffs: 1,000 hourly and salaried employees globally in various departments, with a majority working out of the Detroit automaker's Global Technical Center in Warren. "We're going to continue to scale up with demand on the platform that we've established, and we're going to continue to lean into that, because we do believe that EV penetration is a long-term objective," Jacobson said. "We've got to make sure that we have reasonable regulation alongside where consumers are and where demand is. The technology is going to continue to win people over, but we've got to be able to produce vehicles that our customers want, and we have the unique position ... of having a lot of flexibility embedded into our operation, to be able to respond to where consumer demand is." He specifically referenced the Spring Hill Manufacturing plant in Tennessee. It's a flexible plant that produces both gas-powered and electric vehicles on the same line. Workers there build the Cadillac Lyriq EV and Cadillac XT5 and XT6 SUVs as well as Honda Motor Co. Ltd. EVs. Jacobson added that GM will work with the incoming administration on the best path forward while focusing on cutting costs. GM has a cost-reduction program with a $2 billion goal it's expecting to hit by the end of 2024. Ford is focused on further reducing costs, too. It has eliminated $2 billion is expenditures this year, and the company on Wednesday announced 4,000 layoffs in Europe by 2027. The company has a $7 billion cost disadvantage to its competition, Lawler said: about $4 billion from warranty costs, $2 billion from materials and $1 billion from footprint. "That's the big unlock for us," Lawler said, "when we think about these product launches." Footprint will change over time, Lawler said, though he noted a heavy U.S. footprint could become more of an advantage in light of potential increased tariffs on Mexican-built vehicles and components. "When we talk about some of our cost disadvantage versus competition, that's part of it," he said, "but maybe that becomes a positive going forward." Meanwhile, with Tesla prioritizing its large-margin business of self-driving semi-autonomous software, creating national standards for the deployment and regulation of that technology could be a priority. Ford especially has emphasized data and telematics software offerings with its Ford Pro commercial business. It also has been expanding the number of models on which consumers can use its BlueCruise hands-free highway driving technology, whose prices it slashed in October. GM has a similar Super Cruise technology. It's also rebooting Cruise LLC, its self-driving business, after a pedestrian crash in October 2023 led to major safety scrutiny. Cruise has started supervised driving in multiple markets. GM recently named Marc Whitten, a former Amazon executive and founding engineer at Xbox, as its new CEO. Cruise was a bragging point for GM at its Investor Day in 2021. Executives boasted the unit could deliver annual revenue of $50 billion by decade's end, helping to double the automaker's revenues to about $280 billion by 2030. At its October 2024 Investor Day event, GM CEO Mary Barra said the company would be disciplined with its investments in Cruise and that it was having discussions with potential partners. "For people that are worried about the future, I don't think GM goes to zero If Cruise isn't successful," Jacobson said. "It's a case of: Can we do what we've been doing really well, and is there a growth story attached to it that comes with software? So we're really prioritizing software execution and getting the vehicles to the level where they can support a whole host of over the-air upgrades. That takes a little bit of time, but it's progress that we're making." Be the first to know Get local news delivered to your inbox!