SoftBank joins GM in self-driving car race; GM shares soar

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Put Buying Activity in Ford Motor (F) Highlights Bearish Bias into Late July Earnings Announcement -Susquehanna

May 31, 2018 3:05 PM EDT

Susquehanna options strategist Alison Edwards highlights bearish options activity in Ford Motor (NYSE: F), as an opening investor in Ford bought 10k Aug 12 Puts for $0.78, untied. This bearish trade breaks even on a further 3% pullback through mid-August, which includes the next round of earnings in late July (7/25)

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SoftBank's Investment in GM (GM) Validates AV Thesis - Deutsche Bank

May 31, 2018 8:26 AM EDT

Deutsche Bank analyst Rod Lache reiterated a Buy rating and $52 price target on General Motors (NYSE: GM) saying the SoftBank investment helps validate their AV thesis for the stock.

"We upgraded GM on 9/24/17 based in part on our belief that potential upside... More

UPDATE: General Motors (GM) Set to Open Higher by 10% Following Softbank Deal

May 31, 2018 7:42 AM EDT

(Updated - May 31, 2018 8:13 AM EDT)

General Motors (NYSE: GM) Set to Open Higher by 6% Following Softbank Deal

Update: Shares are now up 10% pre-market.

Earlier GM announced SoftBank Vision Fund will invest $2.25 billion in GM Cruise Holdings LLC (GM Cruise), further strengthening... More