In this articleGMEV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. Chalinee Thirasupa | Reuterswatch nowChinese companies may not be easy to buyIt remains to be seen whether foreign automakers can build an effective edge by partnering with Chinese companies that are selling their own cars or tech in the same market."Domestic new energy vehicle brands are too co ...

A month has gone by since the last earnings report for General Motors (GM) . Shares have added about 3.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. General Motors Q3 Earnings Top EstimatesGeneral ...

Artificial general intelligence (AGI) -- AI systems capable of performing intellectual tasks at or above human level across all domains -- could arrive sooner than many expect, with some experts projecting development as early as 2026.Unlike today's specialized artificial intelligence (AI) tools that excel at specific tasks like generating text or images, AGI would match or exceed human capabilities across any intellectual challenge. This technological breakthrough could revolutionize human society and unlo ...

Dollar stores are facing challenges in the modern U.S. economy.Dollar stores companies were some best performing stocks in the S&P 500 during the Great Recession, said Piper Sandler managing director Peter Keith. But over the past couple of years, dollar stores have not seen the same success.Shares of Dollar Tree — which owns its namesake brand and Family Dollar — and Dollar General have both fallen roughly 50% this year.The companies are dealing with a complex mix of both economic and self-inflicted proble ...

Grass Valley, California--(Newsfile Corp. - November 20, 2024) - Rise Gold Corp. (CSE: RISE) (OTCQX: RYES) (the "Company") announces that all proposed resolutions were passed at the Company's annual general meeting of shareholders held today's date. Joseph E. Mullin III, Thomas I. Vehrs, Lawrence W. Lepard, Daniel Oliver Jr. and Clynton R. Nauman were all elected as directors of the Company for the coming year and Davidson & Company LLP were re-appointed as auditors of the Company for the ensuing year. Sha ...

Summary of General Motors Company Conference Call Company Overview - **Company**: General Motors Company (NYSE: GM) - **Event**: Barclays 15th Annual Global Automotive and Mobility Tech Conference - **Date**: November 20, 2024 Key Points Industry and Market Performance - **Overall Performance**: The company reported a good year, with performance in line with guidance provided earlier in the year [2][4] - **EV Demand**: Demand for GM's electric vehicles (EVs) is growing ahead of the industry, with a target of 200,000 units for the year [6][8] - **Incentive Levels**: GM maintains a lower incentive load for EVs, approximately half compared to competitors, which supports better pricing strategies [6][22] Electric Vehicle Strategy - **EV Production**: GM has successfully scaled up EV production after initial challenges, aligning production with demand [5][9] - **Future Guidance**: Detailed guidance for 2025 will be provided in the fourth quarter earnings call, with ongoing progress on the budget [7] - **Regulatory Environment**: The company is prepared to adapt to potential regulatory changes post-election, emphasizing long-term planning over short-term speculation [19][21] Inventory Management - **Inventory Levels**: GM's inventory was reported at 74 days at the end of October, with a target of 50-60 days for internal combustion engine (ICE) vehicles by year-end [11][12] - **EV Inventory Strategy**: The company plans to maintain higher inventory levels for EVs to increase consumer awareness and experience [64][65] Financial Performance and Capital Allocation - **Cash Position**: GM ended the third quarter with $27 billion in cash, targeting a cash level of $18-20 billion [51][52] - **Capital Expenditures**: The company aims for capital expenditures around $11 billion, balancing investment with maintaining a disciplined approach to fixed costs [53][54] - **Shareholder Returns**: GM prioritizes share repurchases, especially given the current low share multiple, with a conservative approach to dividends [56][57] Product Portfolio and Pricing - **ICE Portfolio**: The ICE portfolio continues to perform well, with improvements in margins for small and midsized SUVs [25][26] - **Pricing Strategy**: GM's pricing remains stable despite a decrease in average transaction prices (ATP), attributed to a broader product mix and increased sales of lower-priced vehicles [42][44] Competitive Landscape - **Market Position**: GM is focused on maintaining competitiveness against companies like Rivian and Tesla, emphasizing the importance of achieving profitability in EVs [70][71] - **Long-term Viability**: The company believes it can sustain its market position regardless of the success of its autonomous vehicle division, Cruise [70] Future Outlook - **Sustainability of Earnings**: GM aims to maintain consistent earnings performance, avoiding the cyclical amplification seen in the past [74][76] - **Adaptability**: The company has built flexibility into its operations to respond to changing demand and regulatory environments [28][30] Additional Insights - **Leasing Trends**: Increased lease penetration for EVs is driven by consumer preferences rather than reliance on leasing as a strategy [39][40] - **Production Flexibility**: GM has demonstrated resilience and adaptability in production, allowing for shifts between EV and ICE production based on demand [28] This summary encapsulates the key insights and strategic directions discussed during the conference call, highlighting GM's focus on EV growth, inventory management, financial discipline, and competitive positioning in the automotive industry.

Daix (France), Long Island City (New York, United States), November 20, 2024 – Inventiva (Euronext Paris and Nasdaq: IVA), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of metabolic dysfunction-associated steatohepatitis ("MASH"), also known as non-alcoholic steatohepatitis ("NASH"), and other diseases with significant unmet medical needs, today announced the availability of the preparatory documents for the Combined General Meeting ...

Shares of Dollar General (DG -3.66%) were moving lower today, even though there was no company-specific news out on the discount retailer. Instead, the move seemed to come in response to disappointing results from Target (TGT -21.07%) this morning, which seemed to confirm that Walmart (WMT 0.27%), which reported earnings yesterday, is continuing to gobble up market share from competitors like Target and Dollar General. As of 1:19 p.m. ET, Dollar General stock was down 4.5%. Dollar General's weakness continu ...

General Motors (GM -2.03%) isn't the company it was a decade ago. It's a leader in the most lucrative segments of the auto business, trucks and SUVs, and is growing in both EVs and autonomy. With a valuation that's too good to pass up, this could be a rocket stock, which Travis Hoium highlights in this video.*Stock prices used were end-of-day prices of Nov. 19, 2024. The video was published on Nov. 20, 2024. ...

ALMATY, Kazakhstan, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (Nasdaq: KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 19 November 2024: To approve the agenda of the Extraordinary General Meeting of Shareholders of JSC Kaspi.kz:1) Approval of the agenda;2) Payment of dividends on common shares of JSC Kaspi.kz and approval of the amount of dividend per common share;3) Approval of amended Charter of JSC Kaspi.kz;4) Election of the Bo ...