General Motors reveals new LMR battery tech aimed at cutting EV costs, boosting range, and slashing weight, targeting production in 2028.
GD's unit, Bath Iron Works, secures a $216.5 million contract to provide planning yard support for the DDG 51 warships.
Costco Wholesale Corporation COST and Dollar General Corporation DG stand out prominently in the Retail–Discount Stores industry. Costco boasts a substantial market capitalization of approximately $440 billion, operating on a membership-based warehouse model focused on selling bulk goods at discounted prices.
I remain bullish on Mercury General due to consistent underwriting profits and regulatory tailwinds driving double-digit rate increases. MCY has rebuilt its capital base faster than expected, with strong combined ratios in personal auto and homeowners sectors. Despite wildfire impacts, 1Q 2025 earnings showed a 10% y/y growth in net premiums and a 25% increase in investment income.
Dollar General slips below its 50-day SMA. Does this signal short-term pain or a long-term opportunity?
In January 2025, Mercury General faced significant uncertainties due to multiple wildfires in California, causing billions in losses. Investors feared that smaller insurers like Mercury might struggle to survive without capital injections, dividend cuts, or debt issuance. While the insurance carrier was on good track to deliver steady results for FY2025, the California fires deteriorated an already-weak situation.
General Motors Company (NYSE:GM) and LG Energy Solution are developing a new lithium manganese-rich (LMR) battery cell designed to power GM's future electric trucks and SUVs, the automaker said on Tuesday. The company said the new cells will deliver higher energy density and lower costs, with US production expected by 2028.
GM expects to pioneer a new "groundbreaking" EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks. GM says lithium manganese-rich (LMR) prismatic battery cells will be used in its EVs beginning in 2028.
General Motors revealed Tuesday a new battery chemistry called lithium-manganese-rich (LMR), which it says should slash costs while delivering driving range that's just shy of the most advanced batteries on the market.
General Motors has hired Sterling Anderson, co-founder of self-driving trucking company Aurora, as its executive vice president of global product, the company said Monday.
General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line of gas-powered and electric vehicles in a newly created job that will touch nearly every department at the U.S. automaker. The new VP of global product and chief product officer position will cover the entire lifecycle of GM portfolio and include hardware, software, services, and user experience.
General Dynamics Corporation is a resilient investment with strong financial performance, making it a buy for long-term investors seeking stability, growth, and income. GD's Q1 2025 results show double-digit revenue growth, a strong order backlog, and diverse segment performance, indicating sustained financial growth. Rising global military budgets and GD's strategic defense portfolio position it to benefit from increased defense spending, ensuring revenue visibility.