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General Motors (GM) Valuation Check As IT Layoffs And Privacy Settlement Reshape Its Technology Focus
Simply Wall St.90d agobearish
General Motors (GM) Valuation Check As IT Layoffs And Privacy Settlement Reshape Its Technology Focus

General Motors (GM) is reshaping its information technology workforce, cutting more than 10% of roles while hiring for AI and data focused positions, as it settles a US$12.75 million California data privacy case. See our latest analysis for General Motors. GM’s recent IT layoffs and the California privacy settlement come after a period where short term share price momentum has cooled, with the 7 day share price return down 5% and the year to date share price return down 7.56%, while the 1...

Ford Falls Most in 15 Months After AI-Driven Rally Abates
Bloomberg90d agobearish
Ford Falls Most in 15 Months After AI-Driven Rally Abates

(Bloomberg) -- Ford Motor Co.’s blistering rally screeched to a halt Friday, as a broader market selloff cooled enthusiasm over the automaker’s potential to benefit from the boom in energy demand for artificial intelligence.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrum

1 Industrials Stock with Promising Prospects and 2 Facing Challenges
StockStory90d agoneutral
1 Industrials Stock with Promising Prospects and 2 Facing Challenges

Even if they go mostly unnoticed, industrial businesses are the backbone of our country. They are also bound to benefit from a friendlier regulatory environment with the Trump administration, and this excitement has led to a six-month gain of 17.7% for the sector - higher than the S&P 500’s 7.9% return.

Another iconic auto brand is taken down by low EV sales
TheStreet91d agoneutral
Another iconic auto brand is taken down by low EV sales

Automakers around the world are learning just how much government subsidies propped up their electric vehicle sales, as the expiration of those subsidies is throwing cold water on the industry's EV ambitions. Take Honda, for example. Over the last three decades, the Japanese automaker has gone from ...

Ford Stock Is Ripping Again. Suddenly, It’s a AI Data Center Stock.
Barrons.com91d agoneutral
Ford Stock Is Ripping Again. Suddenly, It’s a AI Data Center Stock.

Ford Motor investors have caught AI-fever, and shares of the auto maker just won’t stop. It seemed to be tied to Ford Energy, which the company unveiled earlier in the week. The new business will use Ford’s lithium-ion battery capacity to build storage systems for utilities and data centers in the U.S.

Ford Zooms 8% Higher, Easily Outpaces General Motors and Tesla
24/7 Wall St.91d agoneutral
Ford Zooms 8% Higher, Easily Outpaces General Motors and Tesla

Shares of Ford (NYSE:F) are up 8% on Thursday morning, trading near $14.60 after closing yesterday at $13.57. The move extends a second straight session of decisive outperformance versus the Detroit and Austin peers. For context, Ford stock climbed 6% yesterday, and the two-day rip has been decisive. Ford’s market cap sits near $57 billion, ... Ford Zooms 8% Higher, Easily Outpaces General Motors and Tesla

A China Deal Only Trump Could Strike
Barrons.com91d agoneutral
A China Deal Only Trump Could Strike

Giving Americans access to high-quality, low-cost Chinese cars would enshrine him as a champion for struggling American households, Christopher Smart writes.

GM’s Data-Privacy Settlement and AI Pivot Might Change The Case For Investing In General Motors (GM)
Simply Wall St.92d agoneutral
GM’s Data-Privacy Settlement and AI Pivot Might Change The Case For Investing In General Motors (GM)

Earlier this week, General Motors agreed to pay US$12.75 million to settle California allegations that it unlawfully collected and sold OnStar drivers’ location and driving data, while separately cutting more than ten percent of its IT workforce to refocus on AI and software capabilities. The settlement’s five-year ban on selling driving data to consumer reporting agencies and the IT overhaul both raise fresh questions about how GM balances data monetization, privacy compliance and...

Ford Is Up 7% Today: Is It Outperforming Other Car Stocks Like General Motors and Tesla?
24/7 Wall St.92d agobullish
Ford Is Up 7% Today: Is It Outperforming Other Car Stocks Like General Motors and Tesla?

Shares of Ford Motor Company (NYSE:F) are up roughly 7% in Wednesday morning trading, climbing to about $12.82 from a prior close of $11.99. The move is the stock’s sharpest single-day gain in weeks, and it stands out against a generally quiet automotive tape. By comparison, Tesla (NASDAQ:TSLA) stock is up 3% to around $446.70, ... Ford Is Up 7% Today: Is It Outperforming Other Car Stocks Like General Motors and Tesla?