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Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

Buffett sold $17 billion of stocks and amassed a record $189 billion cash pile last quarter because…

Theron Mohamed   


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What's going on with VinFast stock? The electric vehicle SPAC has soared more than 800% since its debut and is worth more than Ford.

Founder Pham Nhat Vuong controls 99% of VinFast, as he issued just 1% of the company's shares to th…

Matthew Fox   


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General Electric extends 2-day decline to 14% as JPMorgan's Stephen Tusa sticks with $5 price target

"There are no longer GE Capital assets around which Sell Side Bulls can argue there is enough value…

Matthew Fox   


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Rivian is now the 2nd most valuable US carmaker after its IPO surge - and its founder R.J. Scaringe is worth $2.2 billion

The Amazon-backed electric-vehicle startup has only ever delivered about 150 cars, but is now worth…

Harry Robertson   


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A definitive voice on GE is bearish on the storied conglomerate's breakup plans - and retail traders on Reddit agree

If General Electric is split into three, it "flushes down the toilet easier," wrote one bearish Red…

Natasha Dailey   


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General Electric surges after earnings show strong cash flow and improving profitability

GE stock got a boost from the company's strong industrial free cash flow figures of $4.4 billion an…

Will Daniel   


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General Motors rises 4% after it confirms plans to sell all-electric Chevy Silverado pickup truck

The electric Silverado will have a range of 400 miles on a single charge and is expected to be rele…

Matthew Fox   


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US stocks trade mixed after key earnings reports miss the mark

General Electric, 3M, and Lockheed Martin beat fourth-quarter views but gave disappointing guidance.

Filip De Mott   


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GE could jump 20% amid strong cash flow and power-business momentum, Goldman Sachs says

Goldman Sachs analysts met with GE execs on Friday and walked away "encouraged" by the company's pr…

Will Daniel   


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'A rip the band-aid off quarter': Here's what Wall Street expects from Tesla earnings amid an epic stock skid

Tesla is facing uncertainty as it pivots away from low-cost vehicles toward autonomous driving and …

Matthew Fox   


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GM could soar 50% as the auto maker trades more like a tech company in coming years, Wedbush says

"The software and services business attached to the EV shift represents a potential gold mine," Wed…

Carla Mozée   


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Zahra Tayeb   


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Warren Buffett's $3 billion investment in General Electric saved the industrial titan from a catastrophic meltdown, a new book reveals

Buffett's backing was crucial to GE's huge financing arm avoiding a default and bankruptcy in 2008,…

Theron Mohamed   


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ASK Automotive closes debut day with 10% listing gains

ASK Automotive’s stock debuted on the D-street at an 8% premium on Wednesday. The grey market was e…

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Nikola jumps 11% as General Motors confirms partnership talks are ongoing

Nikola CEO Mark Russell said that the company would abandon its Badger pick-up truck ambitions if t…

Matthew Fox   


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General Electric is worth less than $5 per share, JPMorgan analyst Stephen Tusa says as he withdraws target price

For GE's aviation unit, a COVID-19 vaccine is a "must have for survival, not an upside drive to our…

Matthew Fox   


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GM jumps 10% after Deutsche Bank adds it to buy list on potential electric-vehicle spinoff

Separating GM's EV business would "force the market to recognize its robust EV technology and upcom…

Carmen Reinicke   


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Nikola surges 29% as GM backs EV regulations and investors speculate a deal between the two companies is near

Electric vehicle companies will likely benefit from GM's plans to increase spending on EVs and work…

Emily Graffeo   


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Cathie Wood's Ark Invest buys GM for the first time, snapping up $6 million in shares in a change of heart

The first stake in GM marks a change of heart for Wood, who has previously said legacy automakers "…

Zahra Tayeb   


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Fisker and Lordstown Motors slide as Goldman Sachs downgrades the stocks on electric-vehicle industry competition

Goldman is concerned that the prospects of these electric-vehicle startups could be dented by inroa…

Carla Mozée