GM heads into Q2 earnings with rising EPS estimates, as China restructuring and digital revenue growth may help offset weaker brand sales.
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FEATURE The car market is decidedly mid right now. It isn’t great, but it’s stable; U.S. investors seem OK with that. On Friday, airbag and safety-component supplier Autoliv reported weaker-than-expected second-quarter earnings.
Markets rarely speak in press releases. They speak in the quiet, unglamorous act of a person signing for a car and driving it home. Detroit spent the better part of a decade listening to a different signal. Executives read the headlines, the climate targets, and the government incentives, and they ...
For decades, China has primarily been relied upon by global automakers as a manufacturing base and thriving sales market. Now, that relationship is changing rapidly, as some of the world’s largest automakers shift vehicle research and development to the East Asian nation. Volkswagen (VLKAF), Audi, ...
Wall Street is tuning out wars and ignoring geopolitical headlines, and one chief investment strategist thinks he knows exactly why. The answer involves a spending figure that should stop any investor cold.
A top Wall Street airline analyst says ticket prices could hold at levels unseen in years, and Delta's latest earnings just handed her the first piece of evidence she needed to make that case stick.
Micron's growing list of long-term supply agreements could make its business more predictable and give investors an early read on future demand ahead of earnings.
Shares of the Chinese autonomous driving company rose 2.8% from its IPO price amid caution about the profitability of the self-driving auto industry.
(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
Battery maker's quarterly profit missed forecasts despite 25% revenue growth as EV weakness offset rising ESS demand.
General Motors will leverage Micron's memory expertise for vehicle production.
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.
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 ...
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.
By David Lawder WASHINGTON, June 30 (Reuters) - U.S.
(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
The GM- and Tencent-backed autonomous-driving firm is seeking a nearly $9 billion valuation.
The GM- and Tencent-backed firm plans to use about 60% of proceeds to fund R&D, including AI computing and data storage
General Motors will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.

Tesla's (TSLA) Model 3 and Model Y lead Cars.com's "American-made Index" for the sixth year in a row. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details.
Last month, during the company’s earnings call, GM CEO Mary Barra updated the world on the company’s autonomous driving ambitions. General Motors is working on eyes-off, hands-off self-driving technology that will launch in 2028 on the Cadillac Escalade IQ. Such a breakthrough would put it ahead of ...
The company develops technology it describes as the “brain” for autonomous vehicles. It sells driving assistance systems to carmakers.
The first generation of mass-market electric pickups ended in financial disaster. As automakers try again with smaller designs, consumers are right to ask what will be different this time. The answer? Almost everything.
General Motors (GM) has installed new collaborative robots—known as “cobots”—at its Detroit-Hamtramck Factory Zero plant to modernize production, but the move comes at the same facility where it has already laid off 1,000 workers. GM claims the cobots will improve worker ergonomics, but ...
Momenta’s valuation has reached around $9 billion as it gears up to list in Hong Kong, people familiar with the matter said.
(Bloomberg) -- Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealUS and Iran Delay Nuclear Talks as Lebanon Clashes WorsenUS Tells ASML It’s Concerned China May Have Top Chip ToolShares in Valeo, which makes engin
GM’s stock, however, is up more than 40% over the past five years even as its market cap clocks in around $75 billion today. The magic is share repurchases: GM has spent roughly $30 billion retiring 500 million shares over that span. Since 2021, GM has generated about $53 billion in free cash flow, despite Covid, inflating prices, tariffs, and ever-changing EV policies.
By Streisand Neto LONDON, June 18 (Reuters) - Electric vehicle giant BYD is interested in getting involved with the Formula One motor racing circuit as it aims to boost its brand outside its home market of China, where it already has a strong foothold. However, becoming F1’s first Chinese outfit would be expensive and linking up with an existing team poses challenges, so a sponsorship-based approach might provide an easier pathway into the sport.