GM
General Motors Company
stock NYSE

GM Misses London ✅🫡🍻
Wish you a great day 💪

Yeah, cause American car companies have been so good to us. /s
[GM Canada layoffs hit Oshawa plant, putting up to 1,200 autoworkers out of work Friday](https://www.cbc.ca/news/canada/toronto/gm-oshawa-to-lay-off-1-200-workers-friday-9.7065457)

Let’s be completely honest on why Reddit and the media loves to pick on Tesla. You know GM, Stellantis all took massive money from government. Don’t forget the telecom companies as well as healthcare. So where are the scrutinies there?

Hell, the US government at every level quite literally subsidizes manufactures by purchasing their vehicles from the likes of Ford and GM. Your tax dollars are going straight to them.
Part of the reason stuff like the F150 or the Explorer sell as well as they do is because of all those government purchases. Look at pretty much every Police force across America.

Thy should. When was the last time GM build some reliable cars? Their eco boost engine is POS

And they're startlingly high quality, feature-rich and have like good range despite being in the Nissan Leaf price range lol.
I've personally only driven GM trucks (I love my little Colorados lol) and Vettes but I would totally snap an AWD one up for winter and what not.

I wouldn’t say “crashing” but…most other stocks are experiencing similar drops. Not sure if I can drop tickers but Amazon, Eli Lily, Target, AMD, Robinhood, GM..list goes on and on

You literally said "most car companies", but it's more like \~3 companies with limited exposure in the ML world and no consumer-facing products that utilize any of the tech they're talking about.
They're doing PR for fuck's sake...

I work in ML as a software engineer, the only people you're fooling are confused Redditors and lazy investors.

Not a single soul in ML sits there and thinks, "Yeah, GM is an authority in AI because they bought an expensive sponsorship and talked about the Pros and Cons of what Tesla had already built 2 years earlier."
The irony in "zero fucking clue" should be smacking you in the face right now. I bet it won't, though. Too much Reddit mod in you.

ironically one of the few things that is green in my port today is fuckin GM E into which i retarded 400 because of Cohen wanting to make it a Berkshire Hatthaway or whatever.

Well they are assuming the p/e ratio remains the same, so if they buy back 10% of the company each year the earnings per share will rise 10% so therefore the price will rise 10%. If the stock price doesn’t rise then the company has a lower p/e ratio so next year they can buy back even more stock and raise the eps even more. If it goes on forever (big if) the eps can triple in 10 years.
The buyback strategy makes more sense when the p/e is 5-6 with consistent earnings. I bought GM at a p/e of 5 hoping for buybacks and in like 2 years they bought back 50% of the company causing a tripling in stock price.

The hand tossed and thin crusts were frozen at the time, and they were noticeably different in quality. I remember how much the GM at the time hyped up the time saved with this change, and all I could think of as a 18 year old kid was how bad it tasted. I don't know of any change that the chain has made that has been positive. It's right down the same path as Subway and Arby's.

Whatever Luka said to that GM Nico must have been bad

I don't know about the Goldman conspiracy, but I do think the 'AI Death' narrative is being lazily applied to everything. There is a massive difference between a 'wrapper' app that AI can replace and a System of Record. Salesforce and Intuit hold the actual customer/financial data. AI agents need that database to function; they don't replace it. Driving these multiples down to GM/Ford levels because of 'Genie 3' fears seems like a massive mispricing of the moat. I’m starting to accumulate CRM here purely on the cash flow yield

Just as we suspected for a while, the insane volatility in quality names like CRM , INTU and ADBE is driven by Goldman shorts and the BS narrative that Ben Reitzes of Melius Research fronts for them on CNBC: [https://stkt.co/KuZRUdwV](https://stkt.co/KuZRUdwV)
Yes, some SaaS are overvalued and needed to come down but currently GM and WMT have higher forward PEs than some of these stocks still growing at 10% + clip, and most of these are 25 year+ companies that have grown through multiple market disruptions.
Some of these snapped back today but I suspect they will continue to try and drive these down, we need a WSB moment for some of these stocks before these criminals destroy lives.
Even the AI daddy is calling it BS: [https://www.reuters.com/business/nvidias-huang-dismisses-fears-ai-will-replace-software-tools-stock-selloff-2026-02-04/](https://www.reuters.com/business/nvidias-huang-dismisses-fears-ai-will-replace-software-tools-stock-selloff-2026-02-04/)
Mostly because he knows it's the large enterprise SaaS companies that are footing the bill for the AI buildout one way or the other and biting the hand that feeds hardware will come home to roost very soon.
It's not even a secret: [https://x.com/aakashgupta/status/2018936091232067921](https://x.com/aakashgupta/status/2018936091232067921)

After one year of buying stocks, this is how I have done. My top has been about +$900 out of 1.6k invested. Probably I have too many stocks right? I've done really good in some (Nvidia, iren, GM, Poet) but okay and bad in others (pennystocks). Will probably sell the pennystocks as soon as they are green. Advices? Feels like today I should buy more of my current holdings, just not sure what really

I see Ford and GM have cooled off but GM set its 52 wk high today I hardly call that defensive

I've been down 10%ish on Lanxess for 2 months and no news today and I'm green... Canadian timber Gap up open...
The K shape economy rests on stock gains from wealthy people invested in the mag 7. How could a sell off in the mag 7 send F GM and so forth higher?
Not saying you are wrong but this price action does not seem like it's just another day

I am kind of shocked at what is sitting nicely green today, AAPL, DELL, DHI, DIS, GM, MSFT, NFLX, SMCI, QCOM, and WMT. It is not ALL of tech that is getting killed today and those that are green are up a decent level. We may well be seeing some of AI bursting here today. Certainly some of the recent run is evaporating.
The QQQ hit a low today of 600.47 and is now back above 602, so just maybe we are seeing the very early signs of this dip trying to pull up and put in a bottom for today at least. We should all be aware that a dip this significant does not resolve itself from further ripples in the market for a couple of days. IF this dose actually become a bottom and I am not saying it is, just we have had at least a short period of under 1 hour where we did not put in a lower low.

makes sense. Disney vs Netflix, Ford/GM vs Tesla same story. SaaS leaders could face the same pain with AI reshaping pricing models

They don't compare. That's like saying "I see a lot more cars than buses or bicycles, and I also see a lot more Toyota than GM". Different means of transportation and brand popularity.