General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street
General Motors and OnStar are barred from selling customer geolocation and driving behavior data for the next five years under a settlement with the Federal Trade Commission (FTC).The agreement comes after a New York Times investigation revealed that GM collected detailed information about drivers’ habits and sold it to insurance companies and data brokers,
General Motors (GM) is scheduled to announce Q4 earnings on Tuesday, January 28th, before the market opens, with analysts expecting a double-digit growth in pro
US benchmark equity indexes were pointing higher before the open Tuesday as technology stocks make a recovery after closing the previous session lower amid the launch of a new open-source model from Chinese artificial intelligence startup DeepSeek.
US Dollar South African Rand, Gold Spot US Dollar, Dow Jones Industrial Average, Euro Stoxx 50. Read Adriaan Pask's latest article on Investing.com South Africa.
Wall Street futures pointed higher pre-bell Tuesday, as tech issues recovered partially from Monday sell-offs that followed reports that China-based DeepSeek's AI model rivaled Western versions, but at lower development cost and use of computing power.
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.
Says investments will depend on market demand. Expects strong free cash flow generation in 2025. Expects to follow “similar” capital allocation
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance.
The tech-influenced Wall Street indices closed sharply lower on Monday, after DeepSeek unveiled advancements in AI technology that could disrupt the market, prompted fears of heightened competition and potential market share erosion to the US-based chipmakers.