A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Tariffs announced Saturday by the Trump administration of 25% on goods from Canada and Mexico as […]
DETROIT — General Motors stock fell more than 10% in midday trading Tuesday even as the company beat Wall Street’s top- and bottom-line expectations for the fourth quarter, while forecasting continued strong results for 2025. Concerns of Wall Street analysts on the company’s quarterly earnings call focused on the automaker’s preparation for changes under the Trump […]
CNBC’s Jim Cramer said next week as Wall Street launches into earnings season, he’ll be following the Federal Reserve’s meeting and earnings from a few tech giants. Investors should not to make any major moves, he advised. “Look it’s a sheer hell week. Our heads will be spinning, swivel-like, lazy Susan even, as each day […]
The days always start the same way. “So Jeff,” I say, “Time to buy more DuPont ? What do you think of the GE Healthcare here? Any reason to buy more Stanley Black & Decker ? Will Best Buy’s dividend yield support its weight while we wait for an AI personal computer worth buying?” Discussions […]
Attendees view the 2025 Ford Bronco Stroppe Special Edition during the AutoMobility LA 2024 auto show at the Los Angeles Convention Center on November 21, 2024. Robyn Beck | Afp | Getty Images DETROIT – Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019, prior to impacts […]
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as […]
CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer on Monday said that the fundamentals can sometimes hold investors back from buying stocks that, in hindsight, are obvious success stories, and used cult stocks as an example. “These are stocks where what’s happening at the company and what’s happening in the […]
The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it. The Dow Jones Industrial Average on Friday registered its seventh consecutive down session, its longest losing streak since 2020, on its way to falling 1.8% for the week. The S & P 500 […]
A in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images After spending more than $10 billion on its robotaxi unit, General Motors is abandoning its Cruise driverless ride-hailing service. The Detroit automaker on Tuesday said it will no longer fund its Cruise division’s robotaxi development and […]
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala […]
