General Motors Co
A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S. […]
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GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
The Ultium Cell factory in Warren, Ohio, is shown, July 7, 2023. Gene J. Puskar | AP General Motors laid off roughly 1,700 workers at manufacturing sites in Michigan and Ohio on Wednesday, citing a slowdown in the electric vehicle market. The company confirmed there were around 1,200 layoffs at Detroit’s electric vehicle plant and 550 cuts […]
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Amazon opens $11 billion AI data center in rural Indiana as rivals race to break ground
NEW CARLISLE, Indiana — A year ago, it was farmland. Now, the 1,200-acre site near Lake Michigan is home to one of the largest operational AI data centers in the world. It’s called Project Rainier, and it’s the spot where Amazon is training frontier artificial intelligence models entirely on its own chips. Amazon and its […]
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Lucid targets industry-first self-driving car technology with Nvidia
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Lucid Group is targeting a new goal that would make it the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years, the company said Tuesday. The all-electric vehicle manufacturer […]
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Top Wall Street analysts pound the table for solid returns in these 3 stocks
The stock market has been volatile lately as investors study the latest twists and turns in the the U.S.-China trade war as well as earnings of major American companies. Despite those challenges, investors can also choose to focus on stocks of companies that can navigate short-term pressures to deliver strong, long-term returns. Tracking top Wall […]
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GM is overbought and AT&T is oversold after an active week of trading off earnings
Another strong week for stocks drove companies including General Motors to become overbought, according to one popular technical metric. Other stocks are also considered oversold after a busy earnings week. Each of the leading U.S. stock indexes closed higher this past week. All three major averages closed at record highs Friday after cooler-than-expected September inflation […]
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GM lays off more than 200 salaried workers in latest round of job cuts
The headquaters of US auto company General Motos (GM) in Detroit, Michigan. Uli Deck | Picture Alliance | Getty Images DETROIT – General Motors laid off more than 200 salaried employees on Friday, as the automaker continues to reevaluate its businesses and cut costs to boost profits. The impacted employees were largely Computer-Aided Design, or […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT – Ford Motor is set to announce third-quarter earnings after the markets close Thursday. Here’s what Wall Street expects, based on average analysts’ estimates compiled by LSEG: Earnings per share: 36 cents […]
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GM plans to launch eyes-off driving, Google AI and other new in-vehicle tech by 2028
Mary Barra speaks onstage during WSJ’s Future of Everything 2025 at The Glasshouse on May 28, 2025 in New York City. Dia Dipasupil | Getty Images NEW YORK — General Motors is targeting a suite of new software initiatives for its vehicles over the next three years, including an in-vehicle artificial intelligence assistant from Google […]
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GM expects next year’s results to top 2025 earnings
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors CFO Paul Jacobson on Tuesday said the company expects earnings next year to top its 2025 results, which have performed far better than Wall Street’s expectations. Investors had […]
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