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GM, China
GM sounds a warning on troubled China market, becoming latest carmaker to do so
General Motors Co.’s stock slid 2.9% early Wednesday as the auto giant’s joint-venture in China booked more than $5 billion in impairment charges and write-downs in the face of competitive price wars in that market.
GM Sees $5 Billion Hit to Restructure Troubled China Business
General Motors Co. will incur more than $5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in the world’s largest car market.
GM is taking a $5 billion hit to fix up its struggling China business
General Motors (GM) is set to take a hit of more than $5 billion to fix up its joint venture business in China, the automaker said Wednesday.
Nvidia, China
Nvidia Stock Rises. What Trumps China Concerns.
Nvidia shares were down early on Monday as the chip sector digested more U.S. curbs on China's semiconductor sector.
Why Nvidia and other chip stocks are mostly shrugging off latest China rules
The U.S. government’s latest export restrictions on semiconductor technology to China were telegraphed in advance and aren’t as severe as once feared.
Nvidia Stock Surges 170% in 2024 As Demand For Blackwell Chips Exceeds Supply
Nvidia has soared over 170% this year, fueled by its dominance in the AI chip market. Nvidia's quarterly net income and revenue have climbed triple digits, propelling the company into the Dow Jones Industrial Average and briefly making it the world's most valuable company.
1h
GM Takes $5 Billion Hit From China Business; Stock Edges Lower
General Motors said it expects to incur more than $5 billion in impairment charges and write-downs this quarter because of weakness in its China business. Shares in the automaker, which are up almost ...
18h
MP Materials stock jumps as China bans export of rare minerals to US
MP Materials (MP) shares surged as China said it's banning the export of rare minerals to the US. Among the banned materials ...
Hosted on MSN
2h
As the U.S.-China Trade War Heats Up, Here's 1 Stock to Buy
Trade tensions between China and the United States just keep ratcheting higher. In the latest tit-for-tat move, China’s ...
17h
on MSN
Stock market today: Wall Street inches higher to set more records
U.S. stocks tiptoed to more records after a quiet day of trading. The S&P 500 edged up by 2 points, or less than 0.1%, on ...
5h
What's Happening With Nio Stock?
Chinese luxury electric vehicle maker Nio stock reported deliveries of 15,493 vehicles for November, marking an increase of ...
2h
General Motors is taking a $5 billion-plus hit on its operations in China
GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur ...
2d
on MSN
Stock market today: Asian shares gain as China is boosted by strong factory orders
Shares have started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for ...
1d
Uber-Bullish China ETF Attracts $55 Million Call-Buying Spree
Traders spent about $55 million on bullish call options at the start of the week in a levered exchange-traded fund tracking ...
12d
There are few good ways out of China’s stock slump
In the 1979 disaster movie “The China Syndrome”, a design flaw at a nuclear power plant threatens a catastrophic meltdown in ...
13h
China Shares May Open To The Upside On Wednesday
The China stock market has finished higher in three straight sessions, advancing almost 85 points or 2.6 percent along the way. The ...
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