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Ford Goes Full Tesla—Again
Barrons.com94d agoneutral
Ford Goes Full Tesla—Again

Ford Motor is starting up a new business that Tesla pioneered: Energy Storage. Monday, Ford introduced “Ford Energy,” which will deliver “United States-assembled battery energy storage systems for utilities, data centers, and large industrial and commercial customers in the United States.” Tesla has a large energy storage business.

Bloomberg94d agoneutral
GM to Cut Hundreds of White Collar Workers in IT Overhaul

(Bloomberg) -- General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in an effort to trim costs and clear the way to bring in staff with skills in other technology areas. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksChina Confirms

Is It Time To Reconsider General Motors (GM) After Its 1 Year 67% Share Price Surge
Simply Wall St.96d agobullish
Is It Time To Reconsider General Motors (GM) After Its 1 Year 67% Share Price Surge

If you are trying to figure out whether General Motors stock is attractively priced or starting to look stretched, the recent share moves and current valuation metrics give you a lot to work with. The stock recently closed at US$78.41, with returns of 2.0% over 7 days, 7.8% over 30 days, a 3.2% decline year to date, 67.3% over 1 year and 144.3% over 3 years. This gives you several different entry points to think about. Recent market attention has been driven by ongoing updates around General...

Manufacturing investments in US are paying off: Acting Labor Secy.
Yahoo Finance Video97d agoneutralVIDEO
Manufacturing investments in US are paying off: Acting Labor Secy.

The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics' (BLS) latest report, above economists' forecasts of 65,000. The national unemployment rate held steady at 4.3%. Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing "resiliency" in job growth amid domestic investments in the US from major companies. Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20.

Jim Cramer Reveals Why General Motors (GM) Is Better Than Ford
Insider Monkey97d agoneutral
Jim Cramer Reveals Why General Motors (GM) Is Better Than Ford

We recently published Jim Cramer Said Sandisk Stock Performance is Befuddling & Discussed These 17 Stocks. General Motors Company (NYSE:GM) is one of the stocks discussed by Jim Cramer. General Motors Company (NYSE:GM)’s shares, which are up by 73% over the past year and down by 3% year-to-date, have significantly outperformed those of rival and […]

GM Quality Concerns Confront Investors Despite Valuation Cushion And Momentum
Simply Wall St.97d agoneutral
GM Quality Concerns Confront Investors Despite Valuation Cushion And Momentum

General Motors (NYSE:GM) faces a class action lawsuit alleging certain vehicles were sold with defective 10 speed automatic transmissions. The company also initiated a major safety recall of ACDelco brake and clutch fluid because of contamination concerns. Both issues raise fresh questions about product quality, potential safety risks for drivers, and future legal and regulatory exposure. For investors tracking NYSE:GM, these developments arrive as the company continues to balance its core...

GM issues recall for popular product
TheStreet98d agobearish
GM issues recall for popular product

If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...

General Motors (GM) Reports Strong Q1 Results, Gets Price Target Boosted to $126
Insider Monkey99d agoneutral
General Motors (GM) Reports Strong Q1 Results, Gets Price Target Boosted to $126

With an upside potential of 28.02% as of May 3, General Motors Company (NYSE:GM) is included among the 10 Best Fortune 500 Stocks to Buy According to Analysts. General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. On April 29, TD Cowen bumped up its target on General Motors Company […]