General Motors (GM) December 37 calls active amid Union strike talk headlines

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Vinfast (VFS) becomes third most valuable carmaker as stock surge continues

August 28, 2023 9:10 AM EDT

Shares of electric-vehicle maker Vinfast (NASDAQ: VFS) surged as much as 30% in premarket trading on Monday morning, extending last weeks rally that saw the Vietnamese carmaker more than quadruple its market value to $160 billion.

A premarket share price of $90.55 indicated that the stock was headed towards increasing its market capitalization by nearly $50 billion.... More

General Motors (GM) to close Arizona facility, cuts 936 positions

August 24, 2023 3:02 PM EDT

General Motors (NYSE: GM) revealed in a layoff announcement that the auto maker will be closing its Arizona technology center in Chandler, effectively cutting 936 jobs. The announcement comes roughly 18 months after it planned to hire several hundred more employees at the facility. The technology center is scheduled to close on October 31st, 2023.

The... More