GM Confirms It's Working On A Third Electric Pickup And It Will Be A Full-Size Truck
General Motors Co is working on a GMC electric pickup truck to follow the GMC Hummer EV and the electric Chevrolet Silverado, a company executive said at a media event on Monday, asreportedby CNBC.What Happened: The Hummer EV pickup wasunveiledin October last year with deliveries slated to begin this fall. The electric Chevrolet Silveradowas confirmedin April.Duncan Aldred, global head of GMC, did not disclose the launch timeline but said the vehicle is in advanced stages of planning, as per CN
Shares of $Apple$rose 1.8% to a record closing high of $144.57 on Wednesday after a respected Wall Street investment bank issued bullish commentary on the popular tech stock.JPMorgan analyst Samik Chatterjee reiterated his overweight rating on Apple's stock yesterday and boosted his share price forecast from $165 to $170. His new estimate implies potential gains to investors of roughly 18% in the coming year.Chatterjee noted that Apple underperformed theS&P 500and$Nasdaq$in the first half of 202
Can Alibaba Turn Around Its Woes in the Second Half of 2021?
Alibaba has been a sore laggard compared with its large- and mega-cap peers. Can that change in the second half of 2021?Alibaba -Get Report has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.Howeve