General Motors Stock News

Financial reports from the big automakers in February were good, but the stocks are acting more like they''re already fully electric-vehicle companies.

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Ukraine has received $37M in tracked crypto donations so far Cointelegraph compiled data this week for crypto donations sent to the Ukrainian government, military and charities amid the country’s ongoing conflict with Russia. By Monday, total crypto donations to the Ukrainian government and charities linked to it had reached $37 million. The “Reserve fund of Ukraine” backed by local crypto exchange Kuna appeared to be the largest recipient, garnering roughly $13 million worth of BTC, ETH, USDT and other assets. Next in line was charity organization Come Back Alive, which pulled in $7.2 million. The group says its aiding the Ukrainian Armed Forces’ resistance efforts. Notably, UkraineDAO also sold a tokenized Ukrainian flag for 2,174 ETH ($5.95 million) to support local civilian organizations.

Businesses join growing list including Apple, General Motors and Netflix who have already stopped operations in Russia

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GM stock added to recent weakness to set a new 52-week low. Apparel stocks fell. VZIO dropped on earnings news. Financial figures gave a lift to SG. SFM set a new high.

Is good news for Tesla bad news for all of its peers?

Is good news for Tesla bad news for all of its peers?

U.S. indices traded lower after Russian forces in Ukraine seized control of the Zaporizhzhia nuclear power plant. Conflict escalation has continued to lift energy and oil prices amid supply concerns.

JP Morgan, Goldman Scoop Up Distressed Russian Assets As Analysts Fret About Economic Collapse A couple of days ago, as Russia-linked ETFs plunged following a battery of US and European sanctions against Russia designed to isolate its economy and cut its people off from the global financial system, we asked ourselves: who is buying all these Russian assets? The notion that American distressed investors would pass up the opportunity to pick up Russian assets on the cheap seemed, well, counterintuitive. And while China was likely one source of capital, would western investors really allow the sanctions threat to scare them away from an obvious opportunity to buy? Fast forward to last night, and a team of reporters at Bloomberg have produced an answer: at risk of potentially violating US sanctions (which have imposed strict limits on secondary market transactions involving certain types of Russian debt), JP Morgan and Goldman are already scooping up Russian corporate bonds, either for their own book, or on behalf of waiting clients.

https://www.investing.com/news/stock-market-news/us-rejects-gm-petition-on-725000-suvs-over-headlight-rules-2778183

WASHINGTON—The National Highway Traffic Safety Administration (NHTSA) said Friday it rejected a petition from General Motors Co. over about 725,000 U.S. sport utility vehicles that do not comply with federal headlight rules. The Detroit automaker argued the issue—a narrow reflection area—did not impact vehicle safety and petitioned NHTSA in 2019 to declare the issue inconsequential […]

General Motors Company (NYSE: GM ) and Tesla, Inc (NASDAQ: TSLA ) have struggled recently, with General Motors plummeting about 33% from its Jan. 5 all-time high of $67.21 and Tesla falling about 32% from its Nov. 4 all-time high of $1,243.49. Both stocks have been negatively affected by the bearish indecision within the general markets that began in early January, when the reality that the Federal Reserve would raise interest rates in an attempt to combat rising inflation hit home and an increased likelihood of a war in Europe caused investors to feel increasingly hesitant. Although a rise in interest rates may now be priced in, the ongoing geopolitical and economic risks caused by the Russian invasion of Ukraine continue to weigh on the general market and individual stocks. For technical traders, both General Motors and Tesla have developed patterns on their charts that can be used to map the stocks’ potential pathways. Although both charts look bearish in the short-term, General Motors and Tesla are settling into patterns that can signal a strong reversal for patient traders.

No issues were ever reported with the SUV

Decentralized NFT marketplace OpenSea has reportedly started to block users based in Iran without any prior notification. What Happened: A number of frustrated users based in Iran took to Twitter Inc (NYSE: TWTR ) on Thursday to complain about not being able to access their accounts on the OpenSea platform. NOT A gm AT ALL Woke up to my @opensea trading account being deactivated/deleted without notice or any explanation, hearing lots of similar reports from other Iranian artists & collectors. What the hell is going on? Is OS straight up purging its users based on their country now? — Bornosor.eth (@Bornosor) March 3, 2022 Thread Today in the morning I was about to check my OS … Full story available on Benzinga.com

The two Japanese giants have ambitions to disrupt an industry highly coveted by American automakers.