The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year...
Continue ReadingLosses in China lead to $5 billion charge for General Motors as it cuts the value of its assets...
Continue ReadingColumbia Disciplined Core Fund Institutional Class shares returned 5.49% for the quarter ending September 30, 2024. Click here to read the full commentary...
Continue ReadingDefendants who lose at trial can’t just “hit reset” with a new stockholder vote, the chancellor concluded...
Continue ReadingQualcomm is a solid investment with growth potential in wireless connectivity, AI, and more, despite some risks. See why we rate QCOM stock a buy,...
Continue ReadingTesla (TSLA) closed at $351.42 in the latest trading session, marking a -1.59% move from the prior day...
Continue ReadingAfter an underwhelming year, Tesla (NASDAQ: TSLA) stock soared last month, boosted by hopes that Trump's victory would help the electric vehicle (EV) maker, as CEO Elon Musk has made himself a close ally to president-elect Trump, spending heavily to aid his campaign before the election. As a result, the stock soared after the election, and it continued to climb as investors seemed to bet that regulations under the Trump administration would be favorable to Tesla. It's understandable that Tesla rose on Trump's victory as Musk was one of his most visible and vocal supporters, essentially going all-in on the former president...
Continue ReadingSuper Micro stock trades lower after Monday’s sharp gains, Tesla falls after a judge again rejects CEO Elon Musk’s pay package, and Donald Trump pledges to block Nippon Steel’s acquisition of U.S. Steel...
Continue ReadingTesla shipments from its plant in Shanghai fell year over year in November, making it a little harder for the company to hit its full-year sales goals...
Continue ReadingFor a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St. Jude McCormick turned aside a request from Musk's lawyers to reverse a ruling she announced in January that had thrown out the compensation plan. The judge ruled then that Musk effectively controlled Tesla's board and had engineered the outsize pay package during sham negotiations...
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