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General Motors and POSCO expand Ultium CAM joint venture in North America with $1B investment
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General Motors and POSCO expand Ultium CAM joint venture in North America with $1B investment By Investing.com

© Reuters. General Motors (GM) and POSCO expand Ultium CAM joint venture in North America with $1B investment American automaker General Motors (NYSE:) made an announcement Friday in collaboration with POSCO (NYSE:) Future M regarding the next phase of their Ultium CAM joint venture. This strategic partnership entails a substantial investment of over $1 billion...

After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace
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LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace By Investing.com

© Reuters. After-hours movers: LL Flooring gains on founder takeover offer, Ambarella falls on light guidnace After-Hours Stock Movers: LL Flooring Holdings Inc (NYSE:) 16% HIGHER; received an unsolicited, non-binding proposal from Cabinets To Go, LLC (Cabinets To Go), a subsidiary of F9 Brands, Inc., to acquire all of the outstanding shares of the Company for...

Ford's huge deal with Tesla: EV hits this week
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EV hits this week By Investing.com

© Reuters. By Michael Elkins Investing.com — Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: a buzzy Ford-Tesla pact; political battles over EVs; a delisting threat at Nikola; and more news out of Stellantis and VinFast. InvestingPro subscribers got these EV headlines at lightning speed. Start...

Dow futures lift as Biden and McCarthy continue debt talks
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Dow futures lift as Biden and McCarthy continue debt talks By Investing.com

© Reuters. Investing.com – U.S stock futures were trading slightly higher during Monday’s evening deals, following a mixed session among major benchmark averages as market participants monitored debt ceiling negotiations between President Joe Biden and House Speaker Kevin McCarthy. By 6:50pm ET (10:50pm GMT) , and lifted 0.1% apiece. in extended deals, Zoom Video Communications...

Palantir Jumps on Joint Venture in the Semiconductor Industry
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Magic Software Enterprises earnings missed by $0.02, revenue fell short of estimates By Investing.com

© Reuters. Magic Software Enterprises earnings missed by $0.02, revenue fell short of estimates Investing.com – Magic Software Enterprises (NASDAQ: ) reported first quarter EPS of $0.26, $0.02 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $142.4M versus the consensus estimate of $151.2M. Guidance Magic Software Enterprises sees FY...