Tesla falls on Trump’s plans to roll back EV production targets, Apple gets a downgrade, and 3M and Charles Schwab score earnings beats.
In early 2024, news broke that General Motors was selling private vehicle data to brokers such as LexisNexis; then in August, the state of Texas sued GM for selling this data, which included GPS coordinates, speed, braking events, and more, without consumer consent. Now, the automaker is facing more than two dozen class action lawsuits.
Looking ahead, Hyundai ( OTCPK:HYMTF) stated that it aims to sign binding deals with General Motors (NYSE: GM) involving various areas of cooperation, such as joint parts purchasing and cooperation in commercial and passenger vehicle sectors.
The National Highway Traffic Safety Administration is opening an investigation into potential engine failure in an estimated 877,710 General Motors trucks
Cox Automotive said December saw a record volume of buyers pay more than $80,000 for a new car, pushing the overall transaction price near a record.
President Trump rescinded goals set by the Biden administration for the production of EVs. Here's what we know about its local impact.
US stock indices rose on Tuesday, as investors’ focus shifts on President Donald Trump's executive orders on energy and immigration, while awaiting his trade policy. After being sworn in as 47th US President, Trump said he was thinking about imposing duties on Canadian and Mexican goods as early as February 1.
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Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy. In morning trading, the Dow Jones Industrial Average rose 423 points, or 1%, to 43,911.
Stocks also saw support as the 10-year T-note yield slid to a 2-1/2 week low.  Falling inflation expectations boosted T-note prices Tuesday after crude prices tumbled more than -2% to a 1-week low when President Trump said Monday that he plans to declare a national energy emergency and vowed to increase US crude production.
We recently compiled a list of the 5 Stocks Gaining On Earnings Optimism. In this article, we are going to take a look at where The Charles Schwab Corporation (NYSE:SCHW) stands against the other stocks.