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Nvidia Shares Slide After Reports of SoftBank Selling Stake

Nvidia Shares Slide After Reports of SoftBank Selling Stake

Nvidia Corp. (NASDAQ: NVDA) shares slipped on Tuesday after Bloomberg reported that SoftBank Group Corp. is looking to sell off its stake in the Company as early as next year, citing sources familiar with the matter.Nvidia shares fell by 2.42% on Tu..

The Latest “Buzz on the Street” Earnings: Featuring (NYSE: $GM) (NYSE: $YUM) (NASDAQ: $FB)

The Latest “Buzz on the Street” Earnings: Featuring (NYSE: $GM) (NYSE: $YUM) (NASDAQ: $FB)

General Motors Company (NYSE: GM) delivered better-than-expected earnings report this quarter with Income of $2.5 Billion. The automakers sales in North America grew more than 11% to $27.65 billion, while International sales fell 18% to $4.58 billio..

Ford Recalls 2 Million F-150 For Seat Belt Issue

Ford Recalls 2 Million F-150 For Seat Belt Issue

Ford Motor Company (NYSE: F) on Thursday announced plans to recall approximately 2 Million select 2015-2018 Ford F-150 in North America to address seat belt pretensioners.The Michigan-based auto maker said it was aware of 17 reports of smoke or fire..

Former Qualcomm Chairman Looking for Funds to Buyout

Former Qualcomm Chairman Looking for Funds to Buyout

Former Qualcomm Inc. (NASDAQ: QCOM) chairman, Paul Jacobs is interested in taking the chipmaker private, potentially making it the largest buyout in history, CNBC, citing sources familiar with the matter.Jacobs informed the board of his plans and ap..

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

Automakers Report Mixed U.S. December Sales

Automakers Report Mixed U.S. December Sales

On Wednesday, major automakers reported mixed U.S. sales for the month of December due to big consumer discounts targeted at moving cars off dealer lots before the year ended. New vehicle sales for that month marked a strong year, almost meeting las..