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J.P. Morgan Maintains General Motors(GM.US) With Buy Rating, Cuts Target Price to $64
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
2024 Acura ZDX Type S: The Fast and the Forgettable -- WSJ
Hot Inflation Data But Fed Likely To Ignore It, Musk Becomes First $400 Billion Man
AYRO Says It Has Been Named a General Motors Tier One Supplier
Express News | Brazil Auto Sales Seen Rising 5.6% in 2025 From Previous Year to 2.8 Mln Units - Anfavea
Express News | Brazil Auto Production -5.22% in November From Previous Month - Anfavea
Tesla's Stock Keeps Rising Toward Another Record as Valuation Tops $1.3 Trillion
Express News | Nanoramic: Raises $44 Mln Funding Co-Led by GM Ventures and Catalus Capital, With Participation From Samsung Ventures
Uber Stock Is Rebounding Day After GM Scrapped Cruise Robotaxi Program
A Quick Look at Today's Ratings for General Motors(GM.US), With a Forecast Between $45 to $85
The cost of autonomous driving taxis is too high, and General Motors (GM.US) has given up on Cruise, receiving approval from Wall Street.
Wall Street maintains an optimistic attitude towards General Motors' decision to terminate the Cruise Business.
Three expected differences of Trump 2.0.
Source: Xue Tao Macro Notes Author: Tianfeng Macro Song Xuetao. The market's perception of Trump's second term has formed increasingly fragmented expectations in terms of policy implementation and specific policy impacts. Currently, the market universally expects better outcomes next year, which requires caution. In the first month after the election, from the unexpectedly strong cabinet selections to the sudden announcement of considering tariffs on Canada and Mexico, the uncertainty and complexity of Trump 2.0 are fully demonstrated. This increases the difficulty for the market to predict the implementation and impact of Trump 2.0 policies, creating some increasingly fragmented expectation gaps. The first type of expectation gap is contradictory policies leading to...
Microsoft Is Losing This Much on GM's Robotaxi Unit Cruise
Microsoft Will Take an $800M Hit Over Cruise Robotaxi Shutdown
Microsoft lost approximately $0.8 billion due to Cruise investment
Microsoft said on Wednesday that it expects to accrue impairment charges of about 0.8 billion US dollars in the second fiscal quarter, related to the company's minority investment in Cruise, an autonomous driving company owned by GM. The day before, GM said it would no longer fund this business because it was too expensive to develop this technology and set up a fleet. Microsoft announced a minority investment in Cruise in January 2021 as part of a $2 billion investment in the autonomous vehicle startup, which is mostly owned by GM. The move enabled Microsoft to take over the emerging connected car services market
Tesla Is Analyst's Top 2025 Stock Pick: Elon Musk Political Involvement May 'Accelerate' EV Maker Beyond Autos
General Motors exits the autonomous taxi Business; Microsoft (MSFT.US) is expected to record a $0.8 billion impairment charge.
After General Motors (GM.US) announced its withdrawal from the Cruise self-driving taxi program, Microsoft (MSFT.US) is expected to record an impairment expense of $0.8 billion in the second quarter of 2025, which will have a negative impact of about 9 cents per share on profits. Microsoft announced a minority Private Equity investment in Cruise under General Motors in January 2021, as part of a $2 billion investment round, of which General Motors holds a majority stake.
Microsoft to Incur $800M Charge Tied to Cruise Robotaxi Program
GM Shares Are Dipping Wednesday: What's Going On?