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Bloomberg36d agoneutral
GM-Backed Momenta Rises in HK Debut After $752 Million IPO

(Bloomberg) -- Momenta Global Ltd., a Chinese autonomous-driving firm, opened 1.8% higher in Hong Kong on Wednesday after raising HK$5.9 billion ($752 million) in an initial public offering, testing market appetite for loss-making firms that offer promising technologies.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapTwo Millennium Trading Pods Made About $3.7 Billion Last MonthMicrosoft’s Xbo

WeaveGrid, GM Advance Grid-Integrated EV Charging and Home Energy Programs
POWER Magazine37d agoneutral
WeaveGrid, GM Advance Grid-Integrated EV Charging and Home Energy Programs

WeaveGrid, a grid-edge orchestration software provider for electric utilities, is collaborating with GM Energy to support access to utility programs across the country. The collaboration is aligned with General Motors’ vehicle-to-grid (V2G) efforts and is designed to help eligible Chevrolet, GMC, and Cadillac EV drivers participate in utility programs that can help support a more […]

General Motors (GM) Secures Micron Supply Deal, Is The Stock Now Overvalued?
Simply Wall St.37d agoneutral
General Motors (GM) Secures Micron Supply Deal, Is The Stock Now Overvalued?

General Motors (GM) is back in focus after signing a long-term customer agreement with Micron Technology to secure memory and storage supply that supports next-generation, software-heavy vehicles and large-scale production. See our latest analysis for General Motors. At a share price of $77.85, General Motors has seen its 90 day share price return of 7% contrast with a weaker 30 day share price return that fell 5.19%. Its 1 year total shareholder return of 51.61% and 3 year total shareholder...

General Motors (GM) Leads Canada In EV Sales While Factory ZERO Cuts 1,000 Jobs
Simply Wall St.37d agobearish
General Motors (GM) Leads Canada In EV Sales While Factory ZERO Cuts 1,000 Jobs

General Motors led Canadian auto sales in the first half of 2026, supported by strong demand for its electric vehicles. The company expanded automation at Detroit's Factory ZERO, adding 50 AI-powered robots. Labor groups criticized the move as over 1,000 workers were laid off at the plant. General Motors, listed as NYSE:GM, is drawing attention as it pairs a leading position in Canadian auto sales with an aggressive push into electric vehicles. The stock last closed at $77.85, with a gain...

What Barclays Thinks of Dauch Corporation (DCH) After Its Deal
Insider Monkey37d agoneutral
What Barclays Thinks of Dauch Corporation (DCH) After Its Deal

Dauch Corporation (NYSE:DCH) is among the best get rich quick stocks to buy right now. On June 22, Barclays reinstated coverage of Dauch Corporation (NYSE:DCH) with an Equal Weight rating and a price target of $8. This follows the Dowlais Group acquisition, which the firm believes expands the company’s offerings but raises concerns about its […]

Micron Technology (MU) Lands Ford And GM Deals, Is The Upside Already Priced In?
Simply Wall St.37d agoneutral
Micron Technology (MU) Lands Ford And GM Deals, Is The Upside Already Priced In?

Micron Technology (MU) is back in focus after delivering record fiscal third quarter earnings and issuing strong fourth quarter guidance, alongside new multi year supply agreements with Ford and General Motors that lock in automotive memory demand. See our latest analysis for Micron Technology. Those Ford and GM agreements come on top of a fiscal Q3 earnings beat that helped push Micron Technology’s 90 day share price return to 160.81%. At the same time, the stock’s 1 year total shareholder...

Ford Finally Runs Out of EVs
24/7 Wall St.38d agoneutral
Ford Finally Runs Out of EVs

Ford’s (NYSE: F) sales of its two flagship EVs dropped to nearly zero in May. Originally, each was to sell hundreds of thousands a year. Sales of the Mustang Mach-E dropped to 2,467, down 44% from the year before. That is 82 per day nationwide. Ford thought that using the Mustang brand would help jump-start ... Ford Finally Runs Out of EVs

Micron, Ford sign semiconductor supply agreement for vehicles
Reuters38d agoneutral
Micron, Ford sign semiconductor supply agreement for vehicles

Micron Technology and Ford Motor on Monday signed a long-term agreement to ‌secure the supply for memory and storage ‌platforms used in the automaker's next-generation vehicle production. This comes days after ​Micron's similar agreement with General Motors, as part of the chipmaker's ongoing investments to expand manufacturing in the United States for automotive customers, including its expansion ‌of advanced DRAM production ⁠in Virginia. DRAM, or dynamic random-access memory, is a critical component for servers ⁠that power cloud computing, databases and AI workloads.

Micron Technology (MU) Enters Into a Strategic Customer Agreement With General Motors
Insider Monkey38d agoneutral
Micron Technology (MU) Enters Into a Strategic Customer Agreement With General Motors

Micron Technology Inc. (NASDAQ:MU) is one of BlackRock’s 30 most important AI stocks right now. On July 1, Micron Technology Inc. (NASDAQ:MU) and General Motors revealed a Strategic Customer Agreement to ensure a stable, long-term provision of memory and storage solutions essential to GM’s large-scale vehicle manufacturing and delivery. The two companies are cooperating to […]

Why Did General Motors (GM) Just Partner With Micron?
Insider Monkey39d agoneutral
Why Did General Motors (GM) Just Partner With Micron?

General Motors Co (NYSE:GM) is one of the Top 10 Extreme Value Stocks To Buy Now. On July 1, General Motors Co (NYSE:GM) and Micron Technology announced a Strategic Customer Agreement to secure a long-term supply of memory and storage products. These components are important for GM’s vehicle production and delivery at scale. This agreement […]

GM's EV strategy is under pressure
TheStreet40d agoneutral
GM's EV strategy is under pressure

General Motors (GM) may have retained the top spot in U.S. auto sales for the second quarter, but it still saw a 4.2% year-over-year decline and an especially sharp drop in EV sales. The automaker pointed to a shrinking EV market and economic uncertainty as key factors for the overall decline. At ...