The U.S. National Highway Traffic Safety Administration said on Friday it has opened a probe into 997,743 General Motors pickup trucks and SUVs over concerns related to engine failure.
Two Detroit automakers moving opposite directions on the same session tells the story: today's slide in Ford stock is a company-specific reversal driven by a fading product-report bounce.
General Motors NYSE: GM Chief Financial Officer Paul Jacobson said the automaker's first half performed “remarkably well,” supporting an increase in full-year guidance, while cautioning that the second half faces pressures from commodity inflation, onshoring costs and vehicle launch activity.
With the S&P 500 up moderately and the NASDAQ 100 basically flat today, shares of pure-play electric vehicle names are leading the auto complex higher Wednesday.
General Motors (NYSE: GM | GM Price Prediction) and Ford (NYSE: F) both raised full-year guidance this summer, yet the market is treating them very differently.
PALO ALTO, Calif.--(BUSINESS WIRE)-- #AI--Network Bio to Build the First Cell-Free RNA Sequence Foundation Model for General Medical Intelligence with NVIDIA.