General Motors (GM) Announces Supply Agreement with Wolfspeed (WOLF)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 5/28/2022
- Wall Street rallies, snaps longest weekly losing streak in decades
- 'Always Bet on Michael': Dell (DELL) Stock Soars After Crushing Estimates, Analysts Say Results are Impressive
- Credit Suisse Says Tesla (TSLA) Stock Offers an Attractive Entry Point, Sees Nearly 60% Upside From Here
- Citi Downgrades US Equities to Neutral on Recession Risk
- Elon Musk Says Recession Could Last 12 to 18 Months, But 'Actually a Good Thing'
- Wells Fargo (WFC) has fired dozens of loan officers accused of misusing appraisal waivers. Some say the bank gave them mixed signals - Business Insider
- Summer Rally Bandwagon is Growing, Most Investors Expecting Bear Market Rally to Play the 'Jackson Hole Pivot' - Bank of America
- Kohl's (KSS) Ticks Lower as Another Bidder Losing Interest
- Caterpillar (CAT) Becomes Sponsor of Major League Soccer
- Credit Suisse Says Tesla (TSLA) Stock Offers an Attractive Entry Point, Sees Nearly 60% Upside From Here
- Pre-Open Stock Movers 05/27: Dell, Ulta Surge on Earnings Beats; Gap Plunges (more...)
- After-Hours Stock Movers 05/26: Ulta, Dell Jump on Earnings; Gap, American Eagle Sink (more...)
- Pre-Open Stock Movers 05/26: Retailers Dollar Tree, Macy's, and Williams-Sonoma Jump on Results; Nutanix, Snowflake, NVIDIA Fall (more...)
- After-Hours Stock Movers 05/25: NVIDIA, Snowflake Sink on Weaker Guidance; Williams-Sonoma Surges on Strong Numbers (more...)
- Pre-Open Stock Movers 05/25: Retailers Express, Nordstrom Gain Following Earnings; Verrica Pharma Sinks on FDA CRL (more...)
General Motors (GM) Appoints Aneel Bhusri to its Board
October 6, 2021 5:31 AM EDTGeneral 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) call put ratio 3.8 calls to 1 put
October 4, 2021 5:14 AM EDTGeneral Motors (NYSE: GM) October weekly call option implied volatility is at 47, October is at 41; compared to its 52-week range of 29 to 66 into investor day on October 6 and 7. Call put ratio 3.8 calls to 1 put.
... MoreExclusive-GM aims to profit from software as it broadens its EV lineup
October 1, 2021 12:25 PM EDTBy Ben Klayman and Paul Lienert
DETROIT (Reuters) - General Motors Co plans to position itself as a technology platform company that is as focused on software as it is on making electric vehicles when it meets with investors next week, including revealing a scheduled rollout for at least 20 EVs in the United States over the next several years.
The No. 1 U.S. automaker has said it will talk on Wednesday about its growth strategy, EV and software platform advantages, its self-driving vehicle business and the related financial road map as it seeks to draw new... More
General Motors (GM) Plans To Launch At Least 20 New Electric Vehicles In North America By Early 2028 - Reuters
October 1, 2021 12:17 PM EDTGeneral Motors (NYSE: GM) Plans To Launch At Least 20 New Electric Vehicles In North America By Early 2028 - Reuters
Plans To Build Future Evs In Three U.s. Plants, Plus One In Canada And One In Mexico EV Portfolio Will Include Three Full-size Pickups By Late 2023... MoreGeneral Motors (GM) call put ratio 7 calls to 1 put after GM reports Q3 U.S. sales
October 1, 2021 10:42 AM EDTGeneral Motors (NYSE: GM) October weekly call option implied volatility is at 42, October is at 39; compared to its 52-week range of 29 to 66 into investor day on October 6 and 7. Call put ratio 7 calls to 1 put after GM reports Q3 U.S. sales of 446,997 vehicles, down 218,195 units from last year.
... MoreGM (GM) Q3 Sales Fall 32%
October 1, 2021 10:32 AM EDTGeneral Motors Co. (NYSE: GM) dealers delivered 446,997 vehicles in the U.S. in the third quarter of 2021, down 218,195 units from a year ago as a result of semiconductor supply chain disruptions and historically low inventories.
During the quarter, GM provided an update for investors that its wholesale volumes in North America in the second half of 2021 would be down about 200,000 units from the first half, largely because of supply chain disruptions in Malaysia caused by COVID-19, with most of the impact occurring during the third quarter. GMs financial outlook is still... More
General Motors (GM) calls active into investor day
October 1, 2021 10:18 AM EDTGeneral Motors (NYSE: GM) October weekly call option implied volatility is at 47, October is at 40; compared to its 52-week range of 29 to 66 into investor day on October 6 and 7. Call put ratio 8 calls to 1 put.
... MoreGeneral Motors (GM) Analyst Day Preview - Credit Suisse
October 1, 2021 6:24 AM EDTCredit Suisse analyst Steven Dyer reiterated an Outperform rating and $75.00 price target on General Motors (NYSE: GM) ahead of its investor day next week, where the company will likely highlight its growth opportunities and offer a case for multiple expansion. Key things to look for... More
General Motors (GM) call put ratio 2.6 calls to 1 put
October 1, 2021 4:23 AM EDTGeneral Motors (NYSE: GM) October weekly call option implied volatility is at 50, October is at 42; compared to its 52-week range of 29 to 66 into investor day on October 6 and 7. Call put ratio 2.6 calls to 1 put.
... MoreGM's Cruise, Alphabet's Waymo win permits to offer self-driving rides to passengers in California
September 30, 2021 3:16 PM EDTBy Hyunjoo Jin, Jane Lanhee Lee and Paresh Dave
SAN FRANCISCO (Reuters) - General Motors Co's Cruise and Alphabet Inc's Waymo self-driving car subsidiaries on Thursday became the first companies to receive autonomous vehicle permits to offer rides to passengers in California.
Cruise has obtained a permit from the California Department of Motor Vehicles to offer driverless rides to passengers at night in some parts of San Francisco, and Waymo has won a permit from the regulator to deploy autonomous vehicles with safety drivers behind the wheel.
The DMV said it would allow commercial service for... More
GM expects renewable energy-powered U.S. sites by 2025, ahead of plan
September 30, 2021 12:27 PM EDT(Reuters) - No.1 U.S. automaker General Motors Co said on Thursday it plans to have its sites in the United States run on renewable energy by 2025, five years ahead of its original goal.
The company also said it was working with U.S power grid operator PJM... More
GM, Ford extend some production cuts due to chip shortage
September 30, 2021 10:47 AM EDTBy David Shepardson
WASHINGTON (Reuters) -General Motors Co and Ford Motor Co said Thursday they will cut additional production because of the nagging semiconductor shortage that has hit global auto production.
GM, the largest U.S. automaker, said it will extend by two weeks a halt to... More
General Motors (GM) Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule
September 30, 2021 10:32 AM EDT
As GM pursues carbon-neutral commitment, company expects to source 100 percent renewable energy in the U.S. by 2025GM teams with PJM and TimberRock to launch a new carbon tracking system to monitor and reduce emissions in real time
Today, General Motors announced that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. By accelerating its renewable energy goal, GM aims to avoid 1 million metric tons of carbon emissions that... More
