Ford Motor Company $F is navigating through unavoidable economic challenges as it continues its journey into the world of electric vehicles and associated technologies. Recent financial reports present a challenging picture: the company is expecting losses up to $5.5 billion in 2023, similar to the previous year. This highlights the difficulties faced by the automaker in its efforts to reduce costs for battery-powered models.
The Chicago Mercantile Exchange $CME has announced its intention to introduce cash-settled options tied to its Bitcoin futures, pending regulatory approval. Giovanni Vicioso, CME's Global Head of Cryptocurrency Products, stated that the smaller scale and daily expiration of these new option contracts offer market participants more capital-efficient tools to adjust their Bitcoin $BTCUSD exposure.