Author: Nabaparna Bhattacharya
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Why General Motors Stock Is Gaining Today
in MarketsGeneral Motors (NYSE:GM) announced a 3 cent per share increase in its quarterly dividend and a new $6 billion share repurchase authorization. The dividend boost, which raises the quarterly payout from 12 cents to 15 cents per share, will take effect with the company’s next planned dividend, expected to be declared in April 2025. Additionally,…
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What’s Going On With NIO Stock Today?
in NewsNIO Inc. (NYSE:NIO) shares are trading higher in the premarket session on Friday. The Chinese EV maker reportedly revealed some developments from its sub-brand, Onvo. The company confirmed the official name of its second model, the Onvo L90, which had previously been speculated to be the Onvo L80, CnEV Post reports. Onvo President Alan Ai…
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What’s Going On With NIO Stock Friday? Mastercard In-Vehicle Payment Offering In The Works
in NewsNIO Inc. (NYSE:NIO) shares are trading higher on Friday in the premarket session. The Shanghai, China-based company announced a strategic partnership with Mastercard Incorporated (NYSE:MA). Signed in Shanghai, this collaboration aims to enhance vehicle-related payment services for NIO users outside of China, CnEV Post reports. The two companies will work on global initiatives in user…
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What’s Going On With VinFast Auto Stock Today?
in MarketsVinFast Auto Ltd. (NASDAQ:VFS) shares are trading marginally higher in the premarket session on Wednesday. Yesterday, the company officially launched its flagship VF 9 all-electric, 7-passenger, 3-row SUV in the U.S., marking a significant step in the company’s expansion into one of the world’s most competitive automotive markets. The VF 9 is positioned as a…
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What’s Going On With Plug Power Stock Today?
in MarketsPlug Power, Inc. (NASDAQ:PLUG) shares are trading higher in the morning session on Wednesday. Plug has provided its financial outlook for 2025, projecting revenue between $850 million and $950 million (street view: $1.185 billion) and a gross margin of -20% to -5%. Looking further ahead, the company aims for a target revenue of approximately $3.75…
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What’s Going On With Faraday Future Shares Tuesday?
in MarketsFaraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares are slumping in the premarket session on Tuesday. Yesterday, the California-based firm announced a reverse stock split of the company’s common stock. The reverse stock split proposal includes a proposed range between 1-for-2 and 1-for-40 shares of outstanding common stock and a corresponding reduction in the total number of…