(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
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Battery maker's quarterly profit missed forecasts despite 25% revenue growth as EV weakness offset rising ESS demand.
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) 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...
Micron's Ford and GM supply deals, AI-driven HBM demand and tight memory supply strengthen its growth case after a sharp rally.
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...
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins. Courtesy of the AI wave, Micron Technology Inc. (NASDAQ:MU) is one of the hottest stocks on the market. Its shares are up by 713% over the past year and by 209% year-to-date. The firm is one of […]
Micron said it is raising production of key automotive memory products, alongside capacity expansions aimed at supporting lengthy product lifecycles.
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) 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...
The deal comes just days after Micron signed a similar pact with General Motors, signaling growing collaboration between the U.S. chipmaker and major automakers.
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
General Motors will leverage Micron's memory expertise for vehicle production.
Micron Gets Fresh Growth Boost After New Ford Agreement
Micron's latest deal points to a bigger shift beyond one automaker
F's Q2 U.S. sales fall 10% as discontinued models and lower rental sales outweigh strong truck demand and record gains in key SUVs.
Cummins, General Motors, Garrett and Dorman stand out as Wall Street-backed auto picks amid resilient demand and modest industry cooling.
Broadcom disclosed in an SEC filing that it will develop and supply the iPhone maker with a range of custom ASIC chips.
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.
Eni’s stake gives it the rights to up to a quarter of future lithium production from the Black Giant project.
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 […]
Micron Technology, Inc. (NASDAQ:MU) is one of the stocks with rising earnings estimates and fresh catalysts. The stock has 30 upward EPS revisions and no downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 33 upward revisions and no downward revisions. That gives Micron a very clean revision […]
Investing.com -- Modern electric vehicle batteries are lasting significantly longer than many industry experts expected, with new performance data suggesting improved durability could help address one of the biggest obstacles to wider EV adoption, the Wall Street Journal reported.
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 […]
General Motors posts steady profits and invests in new tech, while Lucid pursues rapid growth with a key Saudi contract but faces ongoing losses.
The zero in “Factory ZERO” apparently now stands for (almost) zero humans.
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 ...
While these stocks operate in an industry known for razor-thin margins, software innovations are showing savvy investors how that could drastically change going forward.