General Motors Stock News

See the latest news for the top stocks in the electric vehicle space including Ford, General Motors, Lucid, Rivian, and more.

Someone with a lot of money to spend has taken a bullish stance on General Motors (NYSE: GM ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with GM, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 40 uncommon options trades for General Motors. This isn''t normal. The overall sentiment of these big-money traders is split between 57% bullish and 42%, bearish. Out of all of the special options we uncovered, 15 are puts, for a total amount of $1,291,717, and 25 are calls, for a total amount of $1,484,445. What''s The Price Target? Taking … Full story available on Benzinga.com

LANSING, Mich. (AP) — With the state awash in surplus revenue and federal pandemic aid, Gov. Gretchen Whitmer on Wednesday proposed a $74.1 billion budget that would significantly boost education spending, pay bonuses to frontline workers and cut taxes for retirees and low-income families. The election year plan, if approved by the Republican-controlled Legislature, includes a 5% increase in base aid for K-12 schools, universities and community colleges, and a 10% increase in revenue-sharing payments to municipalities. The Democratic governor proposed “hero pay” for essential workers along with retention bonuses for school employees and first responders. She also formally unveiled previously announced tax relief plans, including rolling back the taxation of retirement income over four years and an increase in the state''s earned income tax credit. “The budget I put forward today delivers on those tax cuts and makes strong investments in the kitchen-table issues that make a real difference in people''s lives,” Whitmer said in a statement.

Benchmark upgraded MP Materials stock to Buy from Hold. The EV materials company has an agreement to supply GM with magnets.

Benchmark upgraded MP Materials stock to Buy from Hold. The EV materials company has an agreement to supply GM with magnets.

Arnold, Mike Myers and Eugene Levy are just a few of the stars hawking cars this year.

Cultivating genetically modified corn is banned in Mexico, but the country still imports it from the US.

Nomura lowered General Motors Company <> to a Neutral rating after having it slotted at Buy with concerns on cost pressures on the horizon

Nomura analyst Anindya Das downgraded GM stock to Hold from Buy. He isn''t the first to downgrade stock in GM or Ford.

A second financial firm lowered its outlook on shares of General Motors this week.

Market volatility is affecting EV stocks and legacy automakers.

GM is also expected to re-start production of its Chevrolet Bolt EVs.

The Tennessee Titans extended the contracts of head coach Mike Vrabel and general manager Jon Robinson on Tuesday, the team announced.

''From iconic companies like GM and Ford building out new electric vehicle production to Tesla, our nation''s largest electric vehicle manufacturer, to innovative younger companies,'' Biden said

The president spoke about Tesla, GM, Ford, Rivian and Proterra.