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General Motors Stock Discussion

Tony Jones820

6 hours ago

$General Motors(GM.US)$ bears say the auto market is becoming overcrowded because ev vehicles are taking over . yes Tesla is amazing but gm is building ev as well ! let's go

ZnWC

Yesterday 10:38

McKinsey's survey on EV owners switch back to ICE is paid for and lack credibility

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ I used 3 articles to show that "Mckinsey Mobility survey claims 46% of US EV owners likely to switch back to ICE" lack credibility:
1) Wikipedia
More than 400 civil society groups signed a letter of protest to Kenyan President William Ruto, accusing McKinsey of influencing the 2023 Africa Climate Summit. Leaked documents revealed that the co...

Monthly Journal: Traders' Insights Wanted!

Brianjh

Jul 5 05:57

Global EV sales

Global Electric Vehicle Sales Could Reach 17 Million In 2024 🤯
That;s up from just shy of 14 million in 2023.
A whopping, 95% of EVs were sold in China, the U.S. and Europe.
Despite headwinds like higher rates and economic uncertainty, the increase from just a few years ago is quite remarkable.
$XPeng(XPEV.US)$ $NIO Inc(NIO.US)$ $Lucid Group(LCID.US)$ $Rivian Automotive(RIVN.US)$ $Tesla(TSLA.US)$ $General Motors(GM.US)$ $General Electric(GE.WI.US)$ $Ford Motor(F.US)$ $BYD COMPANY(01211.HK)$

Weekly Buzz

Brandony

Jul 5 02:21

After 10 days:
$General Motors(GM.US)$ = 46.65$ -3.7% since
$Tesla(TSLA.US)$ = 246.44$ +33.5% since
Thanks a lot @jimcramer

Tesla Q2 deliveries dropped Y/Y while stock flies

Analysts Notebook

Jul 4 08:20

ColumnsWhat Trump 2.0 or Biden 2.0 Could Mean for the Stock Market

President Joe Biden, 81, has stated he remains committed to his re-election campaign despite slipping polling numbers and concerns about his recent public performances.
Reports suggest Biden acknowledged the importance of his upcoming appearances, though the White House denies this claim. His stumbling debate performance and questions about his mental acuity have caused panic within the Democratic Party, leading to speculation about a...

Will the non-farm payrolls shed light on Sept. rate cuts?

Candida

Jul 4 04:07

Ford sales edge 1% higher in the second quarter, led by trucks

Ford sales rose 1% during the second quarter over the year-earlier period, led by a 5% gain in truck sales, the automaker said Wednesday.
Ford truck sales, which include pickups and vans, totaled 308,920 vehicles during the period, the company’s best second-quarter performance for the category since 2019, Ford said. Sales in its F-Series totaled 199,463 vehicles.
Sales of Ford electric vehicles totaled 23,957 during the second quarter...

Liammmn

Jul 4 03:55

Ford Reports Q2 Sales Growth: Trucks Up 5%, EVs Surge 61%, Trails Tesla In Volume
Ford's Q2 sales show a 1% YoY increase, with trucks up 5% and EV sales jumping 61%, trailing only Tesla in volume.
General Motors also saw a modest 0.6% sales rise in Q2, surpassing expectations amid stable industry forecasts.
$General Motors(GM.US)$ $Ford Motor(F.US)$

jake Nho

Jul 4 03:48

General Motors Rallied. Now it’s Pulled Back.

General Motors recently hit a two-year year high, and some traders may see opportunity in its latest pullback.
The first pattern on today’s chart is the price area between roughly $45.70 and $46. The automaker stalled at this level in early April and remained below it all of May. It then broke out sharply on June 10 and has remained above it since. GM tested the zone last week and bounced. Has old resistance become new support?
Second, a pair of bulli...

Ankur Tiwari

Jul 3 03:09

GM reports best U.S. quarterly sales since 2020

General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles.
The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter of 2020.
Its EV deliveries increased 40% compared to a year earlier to 21,930 units.
General Motors reported its best quart...

BullnBearTrading

Jul 2 22:41

Rivian Joins EV Maker Stock Surge After Strong Delivery Numbers

Shares of Rivian ( $Rivian Automotive(RIVN.US)$ ) rose Tuesday after the EV maker reported better-than-expected production and delivery numbers for Q2.
Key Numbers:
Production: 9,612 vehicles (analysts expected 8,700)
Deliveries: 13,790 vehicles (analysts expected 11,510)
Rivian’s production fell from 13,992 vehicles last year, but deliveries rose from 12,640.
Rivian affirmed its goal of producing 57,000 vehicles for the fiscal...

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