General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street. The automaker is also taking a proactive approach with the United States government on regulations and doling out generous profit-sharing payouts to thousands of workers.
GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.
Markets rallied last week but face premarket losses due to AI concerns. A busy week lies ahead with major earnings, economic data, and geopolitical uncertainty.
CNN’s Matt Egan reports on a new Chinese AI model called R1, which was created by the company DeepSeek. The R1 model is causing US stocks to drop and is raising questions about US dominance in AI.
Bonds from Japan and China are moving in opposite directions, and it may soon create an opportunity not seen in two decades. The spread or the gap between the Japanese 10-year government bond yield and China’s 10-year government bond yields is approaching zero,
Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
There's more than one factor driving Monday's bond-market rally and sharp decline in Treasury yields, with weak manufacturing data from China and a lower risk of broad-based U.S. tariffs playing a role.
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Exchange-traded funds that hold bonds were rising Monday as the S&P 500 sold off. The Vanguard Total Bond Market ETF was up 0.5% in afternoon trading, while the iShares 20+ year Treasury Bond ETF rallied a sharp 1.