General Motors Adjusts EV Production Target, Resumes Cruise Operations In Houston
GM's Cruise resumes operations in Houston. The company adjusted its EV production target; approved $6B stock buyback.
General Motors Reveals $6B Stock Buyback – What’s Going On?
General Motors announces a $6 billion share repurchase plan, aiming to boost shareholder value amidst positive financial performance.
10 Consumer Discretionary Stocks With Whale Alerts In Today’s Session
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums…
What’s Going On With Costco Shares Today?
Costco recently reported strong sales growth in May, with comparable sales up and surpassing earnings estimates. Investors can access stock through XLP and FSTA ETFs.
Nike, Merck, General Motors, And More: CNBC’s ‘Final Trades’
Liz Young of SoFi recommends Energy Select Sector SPDR Fund as her final trade on CNBC's Halftime Report. Jim Lebenthal of Cerity Partners picks General Motors, while Jason Snipe of Odyssey Capital Advisors chooses Merck. Stephanie Link of Hightower suggests Nike as her final trade.
Forget Tesla And Rivian: America’s Iconic School Bus Maker Smokes EV, Auto Giants With 117% Stock Surge
This growth comes as the company capitalizes on the Biden administration's Clean School Bus Program, venturing into the electric bus segment.
Cathie Wood Commends Elon Musk’s Dedication to Shareholders, Predicts This Negative Impact If Shareholders Renege On Tesla CEO’s $56B Pay Package
Cathie Wood, founder of Ark Investment Management, praised Elon Musk's dedication to Tesla shareholders and questioned how shareholders could revoke his pay package after he successfully mitigated the risks associated with making Tesla the top-selling car producer in the world.
Why Indonesia’s EV Ambitions Mean It Will Burn More Coal
Experts predict Prabowo Subianto will boost Indonesia's nickel industry, but his relationship with China and environmental concerns are uncertain.
EVgo’s Focus On High-Traffic Locations Positions It As An Attractive Charging Operator, Says analyst
Benchmark analyst Michael Legg has initiated coverage on EVgo with a Buy rating and a $3 price target. EVgo operates 3,240 stalls across 35 states, with plans to add 800 stalls annually. The analyst expects significant financial growth through 2025, with EVgo achieving positive EBITDA by year-end.
GM And Ford Show Electric Pickups And SUVs Refute The EV Slowdown
General Motors (NYSE: GM) CEO Mary Barra assured investors that electrification is well underway with May being GM’s best ever EV sales month, defying the slowdown even the EV king, Tesla Inc (NASDAQ: TSLA), is struggling with.