General Motors Co
Stocks making the biggest moves midday: U.S. Steel, Tesla, Dollar Tree, Apple and more
Check out the companies making headlines in midday trading. U.S. Steel — Shares advanced nearly 9% after President Donald Trump ordered the review of the Japan’s Nippon Steel proposed takeover of U.S. Steel. The president instructed the Committee on Foreign Investment in the United States to aid in “in determining whether further action in this matter […]
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Stocks making the biggest moves premarket: Tesla, Coinbase, Stellantis, Palantir, Caterpillar and more
Check out the companies making headlines in premarket trading. Automakers — Legacy carmakers extended declines as investors worried about the lack of resolution on President Donald Trump’s controversial tariff policy announced last week. Stellantis plunged more than 9%, while Ford slid nearly 3%. General Motors pulled back 5% after Bernstein downgraded the stock to underperform […]
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Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025. Mike Blake | Reuters DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles were set to take effect, […]
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Trump’s 25% auto tariffs are in effect. What investors need to know
Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry […]
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Auto giants surprisingly resilient as sweeping U.S. tariffs spare Canada and Mexico for now
The Stellantis Windsor Assembly Plant in Windsor, Ontario, Canada, on Tuesday, Feb. 4, 2025. Bloomberg | Bloomberg | Getty Images Shares of some of the world’s biggest automakers appeared surprisingly resilient on Thursday, even after U.S. President Donald Trump’s 25% tariffs on foreign auto imports came into effect. Germany’s Volkswagen, Mercedes-Benz Group and BMW were […]
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Stocks making the biggest moves premarket: Tesla, Stellantis, Nvidia and more
Check out the companies making headlines before the bell. Tesla – The electric vehicle maker tumbled more than 6% after Stifel cut its price target on the stock. The firm said that a slower-than-expected rollout of Telsa’s new Model Y and recent protests could weigh on sales in the near term. Auto stocks – Shares […]
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China looks to deepen ties with Central Asia as U.S. trade tensions intensify
ASTANA, KAZAKHSTAN – JANUARY 26: People purchase sausages and cheese at the agricultural trade market on January 26, 2025 in Astana, Kazakhstan. Shan Lu | China News Service | Getty Images The escalating trade war with the U.S. has propelled Beijing to further expand its ties with Central Asia, analysts say, as state-backed firms look […]
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Stocks making the biggest moves midday: General Motors, Petco, GameStop, Alibaba, Cava and more
Check out the companies making headlines in midday trading: Auto stocks — Major automobile manufacturers slipped following President Donald Trump’s plans to impose a 25% tariff on “all cars that are not made in the United States,” effective April 2. Shares of General Motors , Ford Motor and Stellantis respectively fell 6%, 2% and 1%. […]
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Why GM stock is getting hit the hardest by Trump auto tariffs
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of […]
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Wall Street analysts say Elon Musk is the clear auto tariff winner: ‘Tesla wins, Detroit bleeds’
Several analysts on Wall Street see a clear winner emerging from President Donald Trump ‘s new auto tariff policy: Tesla . Trump announced on Wednesday that all cars not made in the U.S. would be slapped with a 25% tariff beginning next week. The news sent shares of major American car producers in diverging directions […]
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