General Motors is a leading global automotive company that designs, manufactures, and sells a diverse range of vehicles, including cars, trucks, and SUVs under various brand names
The company is committed to innovation in transportation, focusing on the development of electric and autonomous vehicles to meet the evolving needs of consumers and address environmental challenges. With a rich history in the automotive industry, General Motors also emphasizes safety, performance, and technology integration in its products while working toward sustainability initiatives and expanding its presence in the global market.
Shares of automotive manufacturer General Motors (NYSEGM)
fell 11.1% in the afternoon session after the company reported fourth-quarter earnings and provided guidance that assumes a stable policy environment in the US, thus failing to help investors shrug off concerns about potential regulatory challenges. A key concern is the Trump administration's potential plans to reduce incentives like tax credits, which have helped accelerate the demand for EVs. If these plans are implemented, both GM and other EV players may need to rethink their growth forecasts.
"Black Swan" author Nassim Taleb is warning investors about the fragility of wealth concentration in technology stocks, particularly highlighting Nvidia Corp. following its recent 17% decline amid the emergence of DeepSeek's artificial intelligence model.
In a CNBC interview, Barra revealed that she had a "long" and "productive" discussion with President Donald Trump, who plans to slap a 25% tariff on imports from Mexico and Canada from next month.
Stay informed about the performance of the S&P500 index one hour before the close of the markets on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Curious about the top performers within the S&P500 index in the middle of the day on Tuesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Automotive manufacturer General Motors (NYSEGM) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 11% year on year to $47.7 billion. Its non-GAAP profit of $1.92 per share was 4.3% above analysts’ consensus estimates.
Tuesday's session is showcasing interesting market movements in the S&P500 index, with notable gap up and gap down stocks. Stay updated with the gapping S&P500 stocks in today's session.
Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
General Motors (GM) has significantly strengthened its electric vehicle (EV) production by partnering with Norway’s Vianode. This multi-billion-dollar agreement will see Vianode supply GM with synthetic graphite, a critical material for lithium-ion batteries. It also aligns with GM’s goals of creating a more sustainable and resilient EV supply chain.
