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GM Jan 2024 45.000 call
| Previous close | 0.1700 |
| Open | 0.1500 |
| Bid | 0.1500 |
| Ask | 0.1600 |
| Strike | 45.00 |
| Expiry date | 2024-01-19 |
| Day's range | 0.1300 - 0.1700 |
| Contract range | N/A |
| Volume | |
| Open interest | 30.6k |
- Yahoo Finance Video
Prolonged UAW strike could prove to be a horror show for EVs
Auto workers expanded their ongoing strike against Detroit's Big Three automakers this morning, targeting Ford (F) and General Motors (GM). The United Auto Workers (UAW) union extended picket lines to two additional plants, with President Shawn Fain calling on nearly 7,000 more workers to join the walkout. Stellantis (STLA) is being spared as Fain indicates positive movement in labor negotiations. Wedbush Managing Director Dan Ives views the negative implications a prolonged strike could have on the EV market as a driving force in the movement. "And for the Street, it's not about the next quarter or two, it's about what this does to the EV strategy," Ives tells Yahoo Finance, adding: "It's which poison do you pick? Because, if they accept this deal, GM and Ford... I believe this would significantly impair their EV strategy for decades to come." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Yahoo Finance4 Republican myths about green energy
Republicans claim everybody will soon have to drive a Chinese-made electric vehicle they don't want. Um, no.
- Yahoo Finance Video
Mortgage rates rise, govt. shutdown, UAW compromise: Big 3 at 3
Mortgage rates climb to a 23-year high, with 30-year fixed rate mortgages sitting at 7.31%. The chances of the U.S. government barrelling toward a shutdown are running even higher as both parties’ leadership struggle to agree upon a spending bill by the October 1 deadline. Florida Senator Rick Scott joins Yahoo Finance Live to discuss what the Senate is doing to help keep the government from shutting down. The United Auto Workers (UAW) union expresses willingness to compromise on its wage increase demands with Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA), after laying out plans to expand its strike for a second time on Friday, September 29. Yahoo Finance’s Julie Hyman and Josh Lipton highlight the top news headlines in the afternoon live from the New York Stock Exchange. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
