General Motors (GM) call put ratio 3.8 calls to 1 put

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General Motors (GM) Appoints Aneel Bhusri to its Board

October 6, 2021 5:31 AM EDT

General Motors Co. (NYSE: GM) announced today that transformational technology leader Aneel Bhusri, the co-founder, co-CEO and chairman of Workday, Inc., is joining its Board of Directors.

GM now has 13 directors with the addition of Bhusri. The company's 12 independent directors have senior leadership and board experience in manufacturing, information technology, digital commerce, retail, higher education, investment management, international affairs, defense, transportation, cybersecurity, and pharmaceuticals, among other fields. Six of GM's independent directors are women.

"Aneel's entrepreneurial... More

General Motors (GM) Announces Supply Agreement with Wolfspeed (WOLF)

October 4, 2021 8:04 AM EDT

Today, General Motors (NYSE: GM) and Wolfspeed, Inc. (NYSE: WOLF) announced a strategic supplier agreement to develop and provide silicon carbide power device solutions for GMs future electric vehicle programs. Wolfspeeds silicon carbide devices will enable GM to install more efficient EV propulsion systems that will extend the range of its rapidly expanding EV portfolio.

The silicon carbide will specifically be used in the integrated power electronics contained within GMs Ultium... More