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📉 American automotive industry under pressure! 🚗🌎
The news that Donald Trump plans to introduce 25% tariffs on goods imported from Canada and Mexico has sent shockwaves through the markets. Shares of companies like General Motors $GM and Stellantis $STLA plunged by more than 8 %, while smaller players like Ford and Toyota have seen more modest losses.
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📈🚗 General Motors has authorized a $6 billion stock buyback!
General Motors $GM is an American automaker with a long history and global presence. Founded in 1908 and headquartered in Detroit , it is known for manufacturing a wide range of vehicles, from passenger cars to commercial vehicles. Thecompany owns renowned brands such as Chevrolet, Cadillac, GMC and Buick. In recent...
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Honestly, I'm not very impressed with this company and I like $RIVN better.
Little trouble for Apple, or Goldman Sachs incompetence?
It's a holiday in the US and I'm slowly working my way through the news over the last few days this morning and I came across one, admittedly unconfirmed from anyone involved, but interesting, especially for $AAPL fans
Goldman Sachs $GS is in talks to transfer Apple $AAPL credit card and savings account products to American...
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So this is the news you wrote about :) Interesting... but I believe it will be explained somehow.
I think$GM is a lost business and I wouldn't invest in it. $STLA is more interesting, but I don't have their stock in my portfolio either.