{
}
Southeast Asia's startup ecosystem is recalibrating as it faces a cooling phase after a decade of growth, with a focus on overcoming challenges and exploring new opportunities. Notably, Bukalapak's pivot from physical goods to virtual products has led to a remarkable turnaround, with Q1 2025 revenue rising 37% year on year to US$90 million and a net profit of US$7 million. Meanwhile, Grab's financial health remains strong, with a projected 3% increase in adjusted earnings for 2025, despite macroeconomic concerns.
UBS has lowered its price target for General Motors (GM) stock to $50 from $51, maintaining a Neutral rating amid cautious optimism about the company's earnings potential. Despite strong Q1 results, GM faces challenges including competitive pressures, economic concerns, and a reduction in shifts at its Oshawa plant due to decreased demand. The company also announced it would not meet its 2025 electric vehicle target, although EV sales grew over 90% year-over-year.
UBS has lowered its price target for General Motors to $50 from $51, maintaining a Neutral rating amid cautious optimism about the company's earnings potential. Despite strong Q1 results, GM faces challenges including reduced demand leading to shifts cut at its Oshawa plant and a failure to meet electric vehicle targets. Analysts express concerns over economic factors and competitive pressures, while GM's stock trades at a P/E ratio of 6.4x, indicating potential value for investors.
UBS analyst Joseph Spak has lowered General Motors' price target from $51 to $50 while maintaining a Neutral stance, citing ongoing market challenges despite a strong earnings report. The average price target from 26 analysts stands at $52.49, indicating a potential upside of 16.38% from the current price of $45.11. GM reported a 17% year-over-year increase in US sales and improved market share, particularly in the EV sector, while also providing guidance for significant EBIT and cash flow in 2025.
Uber has partnered with May Mobility to introduce autonomous vehicles on its platform, starting in Arlington, Texas, by the end of 2025, with plans for expansion in 2026. May Mobility will provide hybrid-electric Toyota Sienna vehicles equipped with advanced decision-making technology, addressing consumer trust issues by initially including onboard safety operators. This partnership marks a strategic shift for Uber, moving from in-house development to collaboration with specialized technology providers amid a competitive autonomous vehicle landscape.
General Motors (GM) anticipates a $4-5 billion impact from tariffs in 2025, prompting cost-cutting measures without raising vehicle prices. The complexity of automotive supply chains means tariffs affect both imported and domestically produced components, complicating reshoring efforts. Despite these challenges, GM maintains its $10-11 billion capital expenditure plan, highlighting the tension between tariff pressures and the need for domestic investment.
Tesla's Board has denied reports of seeking a new CEO, expressing confidence in Elon Musk despite a 30% drop in shares this year, attributed to his focus on Dogecoin. General Motors has cut its profit forecast by up to $5 billion due to auto tariffs, while McDonald's faces a 3.6% decline in same-store sales, the worst since the pandemic, as cautious consumer spending impacts performance.
New York lawmakers are moving to revoke Tesla's unique exemption allowing direct sales, questioning the fairness of granting the company a monopoly. State Senator Patricia Fahy, a co-sponsor of the bill, criticized Elon Musk's administration for undermining electric vehicle infrastructure and climate initiatives. If successful, the legislation could force Tesla customers to purchase vehicles out of state, impacting the company's market share in a key region where half of the 172,000 EVs are Teslas.
Deutsche Bank has raised its price target for Visteon Corporation to $87 from $86 while maintaining a Buy rating. Visteon, a global automotive technology company, provides advanced electronics and connected car solutions to major automotive manufacturers, supporting the industry's shift towards digital, electric, and autonomous vehicles.
Elon Musk is stepping back from his role in the Trump Administration to focus more on Tesla, which recently reported its worst quarterly results in four years, with a 71% drop in income and a 20% decline in automotive revenue. The company faces challenges from tariffs, a lack of new models, and intensified competition, leading to a significant drop in its EV market share. Despite Musk's claims of a bright future with robotaxis and humanoid robots, investors are concerned about the immediate need for innovative products to revive sales.
General Motors Co
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
grab's financial growth continues amid market uncertainties and evolving ride-hailing landscape
United States Dollar
Amazon.com, Inc.
Apple Inc.
Grab2Go AS
Google Inc.
General Motors Co
Walmart Inc.
VNM
MYS
USA
IND
SGP
IDN
Samreen Hussain
Albinder Dhindsa
Show more
09:00 05.05.2025
ubs lowers general motors stock target amid cautious outlook and competitive pressures
18:49 02.05.2025
ubs lowers general motors price target amid cautious outlook and challenges
18:49 02.05.2025
ubs lowers general motors price target amid challenging market conditions
16:19 02.05.2025
Uber and May Mobility partner to launch autonomous rides in Texas
United States Dollar
General Motors Co
SoftBank Corp.
Toyota Motor Corp
USA
JPN
Dara Khosrowshahi
Show more
06:30 02.05.2025
GM faces significant tariff impact and plans cost-cutting measures
05:40 02.05.2025
Tesla denies CEO search as GM cuts profit forecast and McDonald's sales decline
15:41 01.05.2025
new york lawmakers target tesla sales amid growing political tensions
14:09 28.04.2025
Deutsche Bank raises Visteon price target while maintaining buy rating
United States Dollar
Mitsubishi Corporation
General Motors Co
GEELY AUTO
Volkswagen AG
Toyota Motor Corp
Mazda Limited
Honda Motor Co., Ltd.
RENAULT
Nissan Motor Co., Ltd.
Mercedes-Benz Group AG
Stellantis N.V.
IND
ZAF
CHN
ITA
BRA
DEU
USA
JPN
FRA
RUS
GBR
Show more
14:10 25.04.2025
elon musk faces mounting challenges as tesla struggles with declining sales
Rivian Automotive, Inc.
Honda Motor Co., Ltd.
Tesla, Inc.
General Motors Co
Hyundai Motor Company
CHN
USA
MEX
Donald Trump
Elon Musk
Vaibhav Taneja
Ross Gerber
Show more
12:30 25.04.2025
Trending
Subcategory
Countries:
Companies:
Currencies:
People: