Earnings season rolled on with corporate results issued at a fast clip. Overall, results continue to trend in a positive direction.
General Motors' Cruise self-driving car unit faces a trip that could last the better part of this year to convince regulators and a wary public that its robotaxis are fit to share the road with human
On Tuesday morning, General Motors (GM) reported its fourth-quarter pretax profit fell by 54% to $1.8 billion. In a letter to shareholders, CEO Mary Barra affirmed the company's position for their fut
General Motors is halving spending on its driverless robotaxi unit Cruise amid investigations into the unit after an October accident involving a pedestrian.
Jessica Inskip, OptionsPlay director of product, joins 'Power Lunch' to discuss the technical support for GM, AMD and META.
On Tuesday morning, General Motors (GM) posted fourth-quarter results that beat estimates on both the top and bottom lines. On the earnings call, GM leadership discussed EVs and the company's Cruise u
General Motors (GM) expects adjusted EBIT in the range of $12-$14 billion for full-year 2024.
GM is going to rely on hybrids to meet emissions regulations. This could be the first domino to fall in a big year for hybrids.
General Motors will halve its spending on Cruise—its self-driving car unit that faced criticism after a robotaxi dragged a pedestrian 20 feet in California last October—reducing it by around $1 bi

GM CEO Barra on Earnings, Transition to EVs

12:47pm, Tuesday, 30'th Jan 2024
General Motors Co. Chief Executive Officer Mary Barra says the automaker plans to reintroduce gas-electric hybrid models in North America. She talks about the latest earnings report and competition

Home Prices Decreased in November

12:01pm, Tuesday, 30'th Jan 2024
Pre-market futures are giving back some of the gains we've seen in the past few days of trading — ones which have pumped the Dow and S&P 500 to fresh all-time highs. At this hour, the Dow is -70 poi

Why General Motors Stock Jumped 10.1% Today

11:48am, Tuesday, 30'th Jan 2024
GM reported better-than-expected revenue and earnings despite a strike and weak electric vehicle sales. Management has been buying back stock in chunks, and will continue to unless the share price inc
General Motors Company (GM) Q4 2023 Earnings Call Transcript
To keep profit at a high level, America's top car manufacturer needs to avoid last year's problems with its electric-vehicle program.
General Motors said Tuesday it is cutting spending in half on troubled robotaxi unit Cruise, or by about $1 billion in 2024, but said it remains committed to the self-driving project.
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