|Day's range||17.33 - 17.33|
Tesla and Ford have formed a new EV charging partnership. It took many by surprise, including other EV charging companies. Yahoo Finance's Pras Subramanian reports on how some of the top players in the EV space are reacting.
DETROIT (Reuters) -General Motors Co Chief Executive Mary Barra had a message on Friday for investors and rivals who see no profitable future in autonomous vehicles: You're wrong. Barra told attendees at a Sanford Bernstein conference she sees a "giant growth opportunity" in GM's Cruise autonomous vehicle unit, and predicted personal self-driving cars would be on the market before the end of the decade. Barra reiterated a forecast that Cruise could generate $50 billion a year in annual revenue by 2030.
The companies said on Friday the new investment in their Ultium CAM plant, expected to start operating in 2025, will be used to set up additional facilities for local on-site processing of critical minerals used in electric vehicle (EV) batteries. The latest investment in capacity is expected to support GM's target to build 1 million EVs in North America by 2025 as major automakers push to make them more accessible to consumers and eventually establish cost parity with internal combustible engines.
In the latest trading session, General Motors Company (GM) closed at $33.02, marking a +1.88% move from the previous day.
It's always a good idea to invest in companies that have exceptional long-term growth potential. Paying a reasonable price for that growth is important, though, as overpaying for a hot growth stock can cost you dearly if the best-case scenario fails to play out. While General Motors (NYSE: GM) and Akamai (NASDAQ: AKAM) may not be obvious picks for growth stocks, both have impressive growth potential over the next decade.
Tesla (NASDAQ: TSLA) is one of the leading players in the electric vehicle (EV) market, and it's making big bets on artificial intelligence (AI) technologies. The company has already introduced some autonomous driving services, and it's aiming to make improvements that could open up powerful new growth opportunities. If the company can perfect its AI-powered autonomous driving technologies, it will have the chance to launch massive new businesses including robotaxis and self-driving trucks for commercial goods transport.
The electric vehicle boom isn’t just about passenger cars and trucks, it’s also about the millions of speedboats and other recreational boats
General Motors Company (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
While Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) doesn't pay a dividend, it's clear that CEO Warren Buffett loves companies that return cash to shareholders. While these big names account for the majority of dividend income that Berkshire receives, they're not the only promising income-generating stocks the company holds. If you're on the hunt for great investment deals, read on for a look at two other dividend-paying stocks in the Berkshire portfolio that are currently trading down more than 40% and look like great buys.
GM Defense and Black Sage Technologies announced a teaming agreement to explore the development of a Counter Unmanned Aerial System (C-UAS) solution for use on GM Defense military vehicles provided to global defense and government customers at Canadian Association of Defence and Security Industries (CANSEC) 2023. The two companies will collaborate on the research, development and market viability of a C-UAS solution, on properties such as the Infantry Squad Vehicle (ISV).
GM vs. TSLA: Which Stock Is the Better Value Option?
General Motors Company (GM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Deutsche Bank, General Motors, Unum, StoneCo and Varex have been highlighted in this Screen of The Week article.
The consensus price target hints at a 47% upside potential for General Motors Company (GM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
You don't need a mountain of cash to build wealth on Wall Street if you're invested in game-changing businesses.
Li Auto, Stellantis, General Motors, Lightning eMotors and Canoo are included in this Analyst Blog.
Value investing is essentially about selecting stocks that are cheap but fundamentally sound. Unum Group (UNM), General Motors (GM), American International Group (AIG) and Park Hotels & Resorts (PK) boast low P/CF ratios.
Warren Buffett's stock portfolio is one of the most scrutinized in the world. Each quarter there are several news stories about what the Oracle of Omaha purchased for his company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Interest in this portfolio shouldn't be a surprise, considering Buffett's track record of success.
The Yahoo Finance Live team discusses the top trending stories of the day, including Chanel raising the price of its handbags to compete with Hermès, Disney's stock drop, Instagram releasing a Twitter rival app, and the new Chevy Silverado.
The Toyota Tacoma, the mid-size pickup king here in the US, is getting a total redesign and will be all new for the 2024 model year. The current-gen Tacoma, which has been out since 2015 and very similar to its predecessor that debuted in 2003, is nearly 20 years old - an astoundingly long period in an automotive world where cars and trucks are generally given a 7-year lifecycle. The fact that the Tacoma was so popular for so long is a testament to its strength in the segment.
General Motors is throwing down the gauntlet in the burgeoning EV pickup wars, with a range-topping figure for its new model for fleet customers.
Yahoo Finance automotive reporter Pras Subramanian discusses Chevrolet's new details on the Silverado EV, price points, and the impact of battery plants on GM's EV production.
New data from enthusiast motor magazine, TV network, and car shopping site MotorTrend finds that electric vehicles are hot on their users’ buying lists. And one upcoming EV pickup truck could be the most polarizing.
General Motors, United Airlines Holdings, Unum Group's, MGM Resorts International and U.S. Silica Holdings are part of the Zacks top Analyst Blog.
With spring car buying season in full swing, those looking for a deal in the used car market are likely not going to find one. According to a new report titled “Used Market Enters Uncharted Territory Post-Pandemic” released from car-shopping site Edmunds.com, though used car prices softened a bit recently they still remain historically high. Edmunds’ data scoured from dealer retail pricing finds that the average used vehicle transaction price in Q1 slipped 6.4% year-over-year, but is still up 44% from five years ago.