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General Motors shares rise after securing long-term Micron chip supply
InvestorsHub43d agoneutral
General Motors shares rise after securing long-term Micron chip supply

GM strengthens semiconductor supply chain with Micron agreementShares of General Motors (NYSE:GM) edged higher on Wednesday after the automaker unveiled a strategic partnership with Micron Technology (NASDAQ:MU) aimed at securing a long-term supply of memory and storage components for its vehicles. The Strategic Customer Agreement is designed to ensure GM has dependable access to the memory and storage technologies needed to support large-scale vehicle production, while addressing ongoing supply

Micron, GM sign semiconductor supply agreement for vehicles
Reuters43d agoneutral
Micron, GM sign semiconductor supply agreement for vehicles

July 1 () - Micron Technology and General Motors ‌have signed a ‌supply agreement for memory and storage ​platforms used in vehicle production, the companies said on Wednesday. The agreement comes ‌at ⁠a time when automakers are looking to ⁠bolster their semiconductor supply chains to help with ​growing computing ​needs ​on modern ‌vehicles.

Bloomberg44d agoneutral
Trump Tariff Defeat Is Market Tailwind ‘No One Is Talking About’

(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos

Is MP Materials (MP) Quietly Redefining Its Moat With Higher-Value Magnetics And GM Alignment?
Simply Wall St.44d agoneutral
Is MP Materials (MP) Quietly Redefining Its Moat With Higher-Value Magnetics And GM Alignment?

Earlier in June, MP Materials Corp. reported a 49% year-on-year rise in first-quarter revenue, driven by record NdPr output and increased magnetics sales tied to its supply agreement with General Motors, while continuing to build out a new magnetics manufacturing facility. This combination of stronger operating performance and progress on downstream capacity appears to be reinforcing the company’s push toward higher-value rare earth products and closer alignment with major industrial...

Tesla Faces Fierce New Rival in Self-Driving Race
24/7 Wall St.45d agoneutral
Tesla Faces Fierce New Rival in Self-Driving Race

It has been assumed up until recently that the primary challenge to Tesla’s (NASDAQ: TSLA) self-driving business was Google Waymo. Other technologies from smaller companies exist. And major legacy car companies like GM (NYSE: GM) are developing their own products. There is a new challenger, and it appears to be impressive. Wayve, which is based ... Tesla Faces Fierce New Rival in Self-Driving Race

US Car Company Trouble As VW Lays Off 100,000
24/7 Wall St.45d agoneutral
US Car Company Trouble As VW Lays Off 100,000

Here is a huge layoff, not because of AI. VW is closing four plants, cutting back on models, and laying off 100,000 people. What is the primary reason? Among them is the fact that the Chinese are rushing into their markets with inexpensive EVs. VW and other legacy car companies can’t compete with these. Close ... US Car Company Trouble As VW Lays Off 100,000

General Motors (GM) Puts $1 Billion More Behind Brazil And Mexico Production
Simply Wall St.46d agoneutral
General Motors (GM) Puts $1 Billion More Behind Brazil And Mexico Production

General Motors (NYSE:GM) plans to invest 10.5bn reais in Brazil through 2028, a 50% increase over its prior commitment. The additional capital is aimed at updating Chevrolet models, adding hybrid powertrains, and expanding engineering and production capacity in Sao Paulo. GM is allocating US$1b to start assembling the Chevrolet Groove and Aveo at its Ramos Arizpe plant in Mexico from 2027. The moves expand GM's local production footprint across key Latin American markets and shift more...

GM raises stakes in battle for America's most profitable trucks
TheStreet48d agoneutral
GM raises stakes in battle for America's most profitable trucks

General Motors (GM) has unveiled new generations of the Chevrolet Silverado 1500 and GMC Sierra 1500. These are major overhauls for two of the company’s most important vehicles, with both scheduled to go on sale later this year. As two of the best-selling vehicles in the United States, the ...

Great News For Tesla, Polestar Banned From The US
24/7 Wall St.48d agoneutral
Great News For Tesla, Polestar Banned From The US

Polestar will be blocked from selling EVs in the US. It doesn’t matter. Polestar sales were close to zero so far this year. To sell its 2027 models, Polestar needed permission under the Connected Vehicles Rule. The regulation essentially prohibits the import and sale of cars with connected-vehicle technology owned or controlled by companies in ... Great News For Tesla, Polestar Banned From The US

3 Value Stocks We Approach with Caution
StockStory48d agoneutral
3 Value Stocks We Approach with Caution

Value investing has produced some of the world’s most famous investing billionaires, including Warren Buffett, David Einhorn, and Seth Klarman, who built their fortunes by purchasing wonderful businesses at reasonable prices. But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.

3 Profitable Stocks We Keep Off Our Radar
StockStory48d agoneutral
3 Profitable Stocks We Keep Off Our Radar

Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn’t mean it will thrive tomorrow.

Is General Motors Company (GM) among the 10 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts?
Insider Monkey48d agoneutral
Is General Motors Company (GM) among the 10 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts?

With an upside potential of 25.66% according to analysts, General Motors Company (NYSE:GM) is among the 10 Most Promising Hydrogen and Fuel Cell Stocks According to Analysts. On June 16, General Motors Company (NYSE:GM) and Lockheed Martin announced a collaboration aimed at strengthening the United States manufacturing and defense industrial base. Operating under a memorandum of understanding, […]