General Motors Co
Auto dealer stocks rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automotive dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand for new vehicles. The results and comments followed concerns […]
Read More
Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor is set to report its third-quarter earnings after the bell on Wednesday. Here’s what Wall Street is expecting, according to Refinitiv consensus estimates: Adjusted earnings per share: 27 cents Automotive revenue: $36.25 billion Ford last month set investor expectations for the third quarter by partially […]
Read More
Stocks making the biggest moves midday: Xerox, Logitech, Upstart, Hibbett, Planet Fitness & more
In this article LOG.N-CH LOGI UPST STEM HIBB Follow your favorite stocksCREATE FREE ACCOUNT Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Logitech — The computer peripherals maker jumped 11.8% after Logitech reiterated its full-year guidance, which was lowered in July. Logitech has struggled with weaker demand […]
Read More
5 things to know before the stock market opens Tuesday
Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. A lot to chew on 2. General Motors holds steady General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe […]
Read More
Stocks building the most important moves premarket: Coca-Cola, Common Motors, JetBlue and some others
In this article GE MMM XRX JBLU GM KO Stick to your favorite sharesCreate Cost-free ACCOUNT observe now Online video1:3201:32 Information Update – Pre-Markets News Briefing Check out the corporations earning headlines ahead of the bell: Coca-Cola (KO) – Coca-Cola shares rose 2.9% in the premarket right after the beverage giant’ 3rd-quarter earnings and profits […]
Read More
General Motors is set to report earnings before the bell. Here’s what Wall Street expects
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors is set to report its third-quarter earnings before the bell on Tuesday. Here’s what Wall Street is […]
Read More
GM’s new GMC Sierra EV will supply traditional truck buyers an upscale electric option to the Hummer
2024 Sierra EV Denali Version Resource: Standard Motors Normal Motors unveiled its most recent electric powered pickup, the new electric GMC Sierra, and commenced getting reservations for a thoroughly-loaded $107,000 edition, called Sierra EV Denali Version 1, on Thursday. The automaker expects to begin shipping the Edition 1 in early 2024 and to include decreased-priced […]
Read More
Wall Street eyes auto industry earnings for signs of ‘demand destruction’
A sign advertises to purchase cars at a used car dealership in Arlington, Virginia, February 15, 2022. Saul Loeb | AFP | Getty Images DETROIT – Since the start of the pandemic in early 2020, U.S. automakers and dealers have seen record profits as demand outpaced supplies of new cars amid supply chain problems. But […]
Read More
GM tests limits of Cadillac’s brand power with $300,000 Celestiq electric car
2024 Cadillac Celestiq Cadillac DETROIT – Cadillac is testing the limits of its brand allure and pricing power with the 2024 Celestiq – a large, bespoke electric car that will start at more than $300,000. The vehicle – unveiled Monday night – launches the General Motors brand into the ultra-luxury segment against the likes of […]
Read More
Goldman CEO David Solomon’s most up-to-date remix breaks up the bank’s battling purchaser finance small business
Goldman Sachs’ Chairman and CEO David Solomon attends a session at the 50th Environment Financial Discussion board (WEF) annual conference in Davos, Switzerland, January 21, 2020. Denis Balibouse | Reuters Goldman Sachs CEO David Solomon is arranging his third significant company reorganization since assuming command of the lender in late 2018, according to men and […]
Read More