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General Motors (NY: GM )

52.30 +0.26 (+0.50%)
Official Closing Price Updated: 7:00 PM EST, Dec 12, 2024 Add to My Watchlist
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Headline News about General Motors

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Hot Inflation Data But Fed Likely To Ignore It, Musk Becomes First $400 Billion Man
To gain an edge, this is what you need to know today. 
Via Benzinga
Topics Economy
Exposures Interest Rates
Uber Stock Regains Some Ground After CFO Commentary On Robotaxis, Demand
Uber stock bounced back from a Wednesday selloff after CFO Prashanth Mahendra-Rajah gave positive commentary on demand, robotaxis. 
Via Investor's Business Daily
Uber Stock Rises As GM Cancels Robotaxi Plans
GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle development. 
Via Talk Markets
Topics Stocks / Equities
Microsoft Expects $800 Million Impairment Charge Due To GM's Cruise Exit, Analyst Says It's A 'Step In The Right Direction' For Automaker
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the second quarter of fiscal year 2025, according to an SEC filing. This follows... 
Via Benzinga
Topics Regulatory Compliance
Exposures Legal Regulatory
Tesla Is Analyst's Top 2025 Stock Pick: Elon Musk Political Involvement May 'Accelerate' EV Maker Beyond Autos
Tesla stock could get a boost from CEO Elon Musk having a close working relationship with Donald Trump, according to one analyst. 
Via Benzinga
Topics Government
Exposures Political
Expert Outlook: General Motors Through The Eyes Of 14 Analysts
Via Benzinga
Peering Into General Motors's Recent Short Interest
Via Benzinga
GM Shares Are Dipping Wednesday: What's Going On?
General Motors inc. (NYSE: GM) shares are trading lower Wednesday. The company announced it would stop funding Cruise's robotaxi development. Here's what you need to know. 
Via Benzinga
Uber Stock Slides Again. Investors' Robotaxi Fears Grow After GM Shuts Down Cruise.
Uber stock took another hit Wednesday from investors with robotaxi jitters after GM said it would shut down Cruise. 
Via Investor's Business Daily
GM Stock Slides After Robotaxi U-Turn But Analysts See Upside
GM exited Cruise robotaxis after sinking $10 billion into their development. 
Via Investor's Business Daily
GM's Cruise Exit Draws Sharp Reaction From Co-Founder Kyle Vogt: Tesla CEO Elon Musk Says Autonomous Driving Is A 'Very Hard Problem'
General Motors said on Tuesday that it will no longer fund Cruise's robotaxi development but will instead combine the majority-owned unit into its technical teams, to the annoyance of Cruise co-founder... 
Via Benzinga
Robotaxi Exit To 'Clear The Way' For GM To License Tesla FSD, Says Gary Black — Move Will Save The Mary Barra-Led Company $1B A Year
Future Fund LLC Managing Partner Gary Black highlighted on Tuesday, Dec. 10, 2024, that General Motors Co. is abandoning its robotaxi ambitions to save $1 billion annually, marking a significant shift... 
Via Benzinga
General Motors Stock Is Rising After The Bell: What's Driving The Action?
General Motors shares are rising in Tuesday's after-hours session after the company announced plans to refocus autonomous driving development on personal vehicles. 
Via Benzinga
This General Motors Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Tuesday
Via Benzinga
Alphabet's Huge News: Waymo Goes to Miami
Autonomous driving is getting another huge boost in 2025. 
Via The Motley Fool
2 Top Stocks to Buy in December
Here are two solid opportunities as 2024 comes to a close. 
Via The Motley Fool
Trump's Tariff Threat Causes Tesla's South Korean Rivals To Rethink $54B Battery Plant Investment
Korean firms are in talks with U.S. authorities to maintain tax credits, crucial for their operations amid declining EV demand and battery prices. 
Via Benzinga
Topics Government
Exposures Political
Benzinga Bulls And Bears: Tesla, GameStop, Nvidia, Bitcoin, And Dogecoin Analyst Flags $1.30-$1.50 As Key Target
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. 
Via Benzinga
A Black Friday/Cyber Monday Breakdown
We also talk about what's going on in South Korea, take a look at protecting your data online, and more. 
Via The Motley Fool
Jim Cramer: This Health Care Stock Is 'Very, Very Speculative'
Jim Cramer called Allison Transmission a "storied company... terrific. It does great." 
Via Benzinga
Stellantis Is Headed for Disaster
Firing its CEO isn't the only problem Stellantis is facing right now. 
Via The Motley Fool
Is GM Giving Up on Electric Vehicles (EVs)? Not So Fast
General Motors is selling a battery plant, but it isn't pulling back on electric vehicles. 
Via The Motley Fool
General Motors' China JV Woes Trigger Billions Of Charge: Details
GM shares down after recognizing $2.7 billion equity loss in China joint ventures. The company expects to record an other than temporary impairment of equity interest in the China JV's in the range of... 
Via Benzinga
EVgo And General Motors Hit Major Milestone With 2,000 Fast-Charging Stalls, Powering Up EV Access Nationwide
EVgo and General Motors have surpassed 2,000 public fast-charging stalls as part of their ongoing metropolitan charging collaboration. To date, EVgo and General Motors have installed fast charging... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
GM Stock Faces More Pressure On $5B Impact Linked To China Business: Retail Hopes Slide
These charges are non-cash and will be classified as special items for EBIT-adjusted purposes. 
Via Stocktwits
Stock Of The Day: Is General Motors Headed Lower?
Shares of General Motors (GM) may be breaking support at an important level and may be forming a new downtrend. 
Via Benzinga
GM Stock Suffers Despite Battery Plant Stake Sale Plan: Retail Sentiment Dips To 5-Month Low
The company anticipates recovering approximately $1 billion from the sale, according to sources cited by CNBC. 
Via Stocktwits
Trump's Tariff Plan Risks Economic Pain For North America, Goldman Sachs Warns
Goldman Sachs warns that Trump's proposed 25% tariffs on Canada and Mexico could cause economic turmoil, with GDP shrinkage and inflation. 
Via Benzinga
Topics Government World Trade
Exposures Political Tariff
Spotting Winners: Rivian (NASDAQ:RIVN) And Automobile Manufacturing Stocks In Q3
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automobile manufacturing stocks fared in Q3, starting with... 
Via StockStory
GM To Sell Stake In Michigan Battery Plant To JV Partner For Nearly $1B
General Motors will sell its stake in Ultium Cells LLC's battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution, the automaker said in a statement on Monday. 
Via Benzinga
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