- Although price ZSCore is at a high level but it has returned from prior high level and momentum has slowed down.
- Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
- RSI is at a high level of 79. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 1.2. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
(Bloomberg) -- General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise LLC in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture. Shares of GM surged on the news.The additional funds will raise Cruise’s post-investment valuation to an estimated $30 billion, up from $19 billion when T. Rowe Price Associates Inc. invested in the company in 2019, Cruise said in a statement Tuesday. Cruise partn...
(Bloomberg) -- Aurora Innovation Inc., a Silicon Valley-based autonomous-driving startup with a $10 billion valuation, has entered into a strategic partnership with Paccar Inc., the maker of light, medium and heavy-duty trucks.Aurora sees long-haul trucking, not passenger cars, as first to the market for self-driving vehicles. So the Palo Alto, California-based company designed its Aurora Driver technology for initial use in trucking applications, then last-mile goods delivery and finally passen...
GM's Cruise and Microsoft will partner in the costly business of developing electric, self-driving cars.
Yahoo Finance's Alexis Christoforous and Dan Howley discuss Microsoft's latest deal to get into the autonomous car space.
It’s another big day in the EV (electric vehicle) and AV (autonomous vehicle) space.
The Dow Jones rallied as Janet Yellen warned the Senate of a "longer, more painful recession" if they fail to support big stimulus. GM stock rose.
Shares of General Motors Corp. shot up into record territory Tuesday, after the automaker said it was partnering with Microsoft Corp. to accelerate the commercialization of driverless cars.
By Yasin Ebrahim
(GM) stock is on the move because investors are finally treating it like a next-generation car company, able to generate value with electric and self-driving cars. Tuesday morning, Microsoft announced an investment in General Motors (GM) self-driving car company Cruise. GM bought Cruise back in 2016 for an undisclosed sum.
GM stock has surged on EV progress, the unveiling of an electric delivery van, and validation for its Cruise AV unit. Is General Motors still stock a buy?