Previous Close | 8.55 |
Open | 9.80 |
Bid | 9.65 |
Ask | 9.80 |
Strike | 70.00 |
Expire Date | 2024-12-20 |
Day's Range | 9.80 - 10.28 |
Contract Range | N/A |
Volume | |
Open Interest | 1.52k |
Barron's Associate Editor Al Root joins Asking for a Trend to break down what shareholders can expect from tomorrow's General Motors (GM) investor day. Root explains that in October 2023, Cruise — a robotaxi operator and GM subsidiary — lost its license to operate as a self-driving car company. Then, Uber (UBER) partnered with GM to buy its autonomous taxis and integrate them into its fleet. "I would like to hear sort of, 'We plan to get our license back by this date. We're all in with Uber, here's the business model,'" Root tells Yahoo Finance. He also wants to hear about GM's other electric vehicle plans, as well as any further insight into the state of the struggling auto market. Lastly, Root adds, "We'll want to see if they can continue to buy back all the stock they've been buying back. General Motors, pretty good stock this year, mostly because they bought $16 billion worth of stock back over the last few months." For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
We recently published a list of Jim Cramer October Portfolio: Top 10 Stocks to Buy and Sell. Since Tesla Inc (NASDAQ:TSLA) ranks 4th on the list, it deserves a deeper look. Jim Cramer in a latest program commented on the latest stronger-than-expected jobs report, calling it “good news” and expressed surprise at how the stocks “roared” on […]
Investing.com -- As Tesla (NASDAQ:TSLA) prepares for its highly anticipated robotaxi event, analysts at RBC Capital expect volatility in the stock prices of ride-sharing giants Uber (NYSE:UBER) and Lyft (NASDAQ:LYFT).