It has been a year to remember for the auto industry. Tesla (TSLA) unveiled a cab that doesn’t need a driver. General Motors' (GM) stock is on fire. And EV maker Fisker went bust. Yahoo Finance Executive Editor Brian Sozzi sits down with widely followed Bank of America auto analyst John Murphy. Murphy made headlines recently for a very bullish on note on Tesla following a visit to the company’s Texas Gigafactory. The two dive into that call, but also into the future of General Motors. GM has secured Yahoo Finance’s “Surprise of the Year” award after consistently beating earnings estimates this year. The company has executed impressively on new product introductions, cost cuts, and stock buybacks. Shares have surged higher as a result. Can the gains for GM continue in 2025 as incoming President Trump aims to enact stiffer tariffs? For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website...
Continue ReadingThe Apple modem fears are overblown, and the company has significant upside catalysts in the future. Click here to read an analysis of AAPL stock now...
Continue ReadingNews of the day for Dec. 17, 2024...
Continue ReadingTo meet the commitment, the CEO of SoftBank Group will need to embark on a combination of a massive fundraising effort, a huge amount of new debt or selling chunks of the company’s holdings to raise cash...
Continue ReadingAlphabet Inc. introduced its new quantum computing chip, Willow, earlier this month, highlighting a step in the right direction. Click for our GOOG update...
Continue ReadingAntitrust enforcers have successfully blocked the merger of Kroger and Albertsons a deal that would have brought the two largest U.S. supermarket chains together. Now Albertsons is crying over its spilled milk, and for good reason. Last week, Albertsons said it is suing Kroger for damages, alleging that it didn’t do enough—such as offer more store divestitures—to quell regulators’ concerns...
Continue ReadingOpenAI entered the search engine world in October when it announced SearchGPT, an AI platform that would respond to prompts using existing resources on the internet. The original ChatGPT platform did not have the ability to crawl the internet and used its own knowledge to answer queries. This knowledge was also limited, as ChatGPT wasn’t […]...
Continue ReadingOpenAI Chief Product Officer Kevin Weil announced the decision during a livestream...
Continue ReadingAmazon's dominance in cloud and e-commerce justifies its growth investments. Learn why AMZN stock is a buy with a 38% upside, led by AWS and AI...
Continue ReadingIBM sued Zynga in 2022, alleging that the latter infringed on patents related to "foundational" internet technology...
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