General Motors (GM) teams up with Samsung to build Michigan battery plant
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Stay long AI-capex winners into the peak, Stifel says despite bubble fears
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Kohl's, Rivian and AMC Entertainment fall premarket; GM and Procter&Gamble rise
March 1, 2023 8:17 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Wednesday, March 1st. Please refresh for updates.
Kohl's (NYSE: KSS) stock fell 7.3% after the department store chain reported a holiday-quarter loss and forecast full-year profit below expectations as customers tightened their spending.
Lowes (NYSE:... More
General Motors (GM) cuts 500 jobs
March 1, 2023 7:31 AM ESTGeneral Motors (NYSE: GM) announced internally on Tuesday that the company will be cutting hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.
The timing of the cuts comes roughly a month after GM CEO Mary Barra and CFO Paul Jacobson told investors that the company was not planning any layoffs.
The cuts, first reported by The Detroit News, could affect around 500 positions across various functions of the company,... More
