General Motors Co
After abrupt departure of Lucid CEO, here are the EV maker’s top priorities
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Shares of electric vehicle maker Lucid Group were down more […]
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Stocks making the biggest moves midday: AppLovin, Flywire, Bloomin’ Brands, Advance Auto Parts and more
Check out the companies making headlines in midday trading: General Motors — Shares jumped 5% after the automaker said it would raise its quarterly dividend by 25% to 15 cents per share. GM also initiated a $6 billion share repurchase plan, with $2 billion in buybacks planned for the second quarter. Anheuser-Busch InBev — Shares […]
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What Cramer wants to hear from Nvidia, Salesforce — plus, Lilly does what no other can
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The broader market rebounded Wednesday, with the S & P 500 and Nasdaq trying to snap their four-day losing streaks. The Dow was on pace for its third straight […]
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Stocks making the biggest moves premarket: Super Micro Computer, General Motors, Lowe’s, Intuit and more
Check out the companies making headlines in premarket trading. Super Micro Computer — Shares soared 21% after the technology company met the Nasdaq’s listing deadline to report financial results for the most recent fiscal year to the Securities and Exchange Commission. The firm said it has “regained compliance” with the Nasdaq for its filling requirements. […]
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GM raises quarterly dividend, initiates $6 billion stock buyback
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor. […]
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Wednesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 posted its fourth consecutive losing day, and what’s on […]
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Embattled EV maker Nikola files for Chapter 11 bankruptcy protection
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, on Dec. 3, 2019. Massimo Pinca | Reuters DETROIT — Nikola Corp. — an auto startup that was once a favorite of Wall Street analysts and retail […]
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As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South […]
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A complete guide to value investing — how Warren Buffett made his money
Warren Buffett has long been a proponent of value investing — and those principles have helped him amass a personal fortune of around $150 billion . It’s an investing approach that means taking the long view, holding your nerve and avoiding risky behavior — philosophies Buffett learned from economist Benjamin Graham’s 1949 book, “The Intelligent […]
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Trump to announce 25% steel and aluminum tariffs in latest trade escalation
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images U.S. President Donald Trump said on Sunday that he will announce on Monday new 25% tariffs on all steel and aluminum imports into the U.S., which would come […]
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