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        So $General Motors(GM.US)$ is up 10% because they have insti...

        So $General Motors(GM.US)$ is up 10% because they have instituted a share buyback and increased their dividend. I'll admit that sounds great!
        But let's take a deeper look. They also lowered the top end of their guidance by 7%, effectively ceased all investment in autonomy, and indicated that the new labor deal will add $3/kWh to their battery costs.
        The stock is up on financial engineering and short term opportunism. Nothing about today's announcement indicates solid long term fundamentals.
        So $General Motors(GM.US)$ is up 10% because they have instituted a share buyback and increased their dividend. I'll admit that sounds great! But let's take a d...
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        • 72734102 : GM laid off 900 factory workers over Being found liable in deadly accident in California ghat just banned Cruise!

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