General Motors Co (GM) Stock News

Capital Link has launched Capital Link Shipping, a free maritime intelligence platform featuring exclusive discussions with senior executives from major shipping companies including Star Bulk Carriers, Heidmar Maritime Holdings, and GMS. The platform provides market intelligence, shipping data, expert insights, and industry analysis across dry bulk, tanker, container, and gas shipping sectors.

MGM Resorts and Caesars Entertainment are compared as investment options in the casino industry. MGM focuses on luxury destinations with global expansion, particularly in Macao, while Caesars operates 52 domestic properties with a strong loyalty program. MGM shows better financial health with lower debt and higher profitability, though both companies face potential acquisition offers that could affect their public market availability.

IAC's $48.30 per share non-binding offer for MGM Resorts International triggered a 16% stock surge, with shares trading above the bid price at $50.69. This negative arbitrage spread signals market skepticism about the lowball offer and expectations for a higher bid. The move reflects broader consolidation in gaming, following Tilman Fertitta's $17.6 billion Caesars Entertainment acquisition, driven by investor interest in casino real estate assets and digital gaming platforms like BetMGM.

MGM Resorts received a non-binding buyout offer of $48.30 per share from People Incorporated (formerly IAC), causing the stock to surge 16%. However, shares are trading above the offer price as investors anticipate higher valuations. The analyst notes the offer lacks current financing and suggests MGM may unlock more value as an independent company long-term.

MGM Resorts International stock surged 15% on Monday after People Inc. (formerly IAC Inc.) proposed acquiring the casino operator's remaining shares for $48.30 per share in cash, representing a 24.1% premium to the 30-day volume-weighted average price. Barry Diller's People Inc., which already owns 26.1% of MGM, believes the company is undervalued and plans to finance the transaction using cash, debt, and equity commitments. The stock has rallied significantly above its moving averages, though technical indicators suggest potential overbought conditions.

Barry Diller's People Inc. is preparing a bid for MGM Resorts at $48.30 per share.

MGM Resorts International (NYSE: MGM ) stock surged 15% on Monday after People Incorporated , formerly IAC Inc. (NASDAQ: IAC ) , proposed acquiring the casino operator’s remaining outstanding shares for $48.30 apiece in cash, a bid that would take MGM private and values the offer at a significant premium to recent trading levels . The non-binding proposal values MGM shares at a 24.1% premium to their 30-day volume-weighted average price through May 29, more than a 30% premium to the 90-day average price and a 10.6% premium to the stock’s most recent closing price. People Inc. already owns 26.1% of MGM’s outstanding common stock. Diller Says MGM Is Undervalued “We began investing in MGM nearly six years ago because we believed it represented a rare kind of business: one with real world assets that AI cannot easily replicate or disintermediate and exceptional digital growth opportunities. That conviction has only strengthened over time,” said Barry Diller , chairman and senior executive of People Inc. Diller said the company believes public markets continue to undervalue MGM’s assets and growth potential. He added that the proposal would give shareholders an opportunity to “de-risk their investment and realize immediate, attractive value in cash for their shares.” Financing Plan Outlined People Inc. said it expects to finance the transaction using a combination of cash on hand at both companies ... Full story available on Benzinga.com

AGM Group Holdings (AGMH) received a deficiency notice from Nasdaq on May 18, 2026, for failing to file its Form 20-F annual report for fiscal year 2025 on time. This marks the third consecutive year the company has missed its annual filing deadline, raising concerns about systemic issues in its reporting process. While not an immediate delisting threat, the pattern suggests deteriorating investor confidence in the company's financial transparency and internal controls.

General Motors is investing over $1.3 billion in U.S. manufacturing to boost production capacity for transmissions and next-generation V8 engines for its highly profitable full-size pickups (Silverado and Sierra). Unlike previous EV investments that resulted in massive write-downs, these investments target proven high-margin vehicles with lower uncertainty and stronger near-term profit potential.

Hedge fund GMT Capital Corp. established a new position in Marriott Vacations Worldwide by acquiring 1,023,450 shares worth approximately $66.65 million in Q1 2026, making it the fund's 11th largest holding. The investment reflects bullish sentiment on the company's strong Q1 revenue growth and improved free cash flow forecasts, though the stock's valuation appears elevated and has underperformed the S&P 500 by 22.48 percentage points over the past year.

Avaí Bio and Austrianova announced completion of a GMP Master Cell Bank containing genetically modified cells that overexpress the α-Klotho protein. The MCB will undergo comprehensive viral and contamination testing to meet FDA regulatory standards. Upon successful completion, the companies will generate a Working Cell Bank to manufacture the final Cell-in-a-Box encapsulated clinical product for treating age-related disorders.

The Schwab Emerging Markets Equity ETF (SCHE) offers a lower expense ratio (0.07%) and higher dividend yield (2.60%) compared to State Street's SPDR Portfolio MSCI Global Stock Market ETF (SPGM at 0.09% and 1.70%). However, SPGM has delivered superior 5-year returns ($1,775 vs $1,373 on $1,000 invested) with lower volatility. SCHE focuses exclusively on emerging markets with significant China exposure (31%), while SPGM provides broader global diversification including 62% U.S. exposure, making it better suited as a core portfolio holding.

Ford's F-Series truck inventory has dropped over 40% due to an aluminum factory fire, creating an opportunity for rival GM to gain market share. GM is ramping up production of its Silverado and Sierra trucks to capitalize on Ford's weakness, though GM itself faces inventory challenges and upcoming production downtime for new truck launches later in 2026.

Metalla Royalty & Streaming Ltd. has nominated Sandeep Singh to its board of directors ahead of its annual general meeting scheduled for June 23, 2026. Singh brings two decades of mining and royalty sector experience, including previous roles as CEO of Western Copper and Gold and Osisko Gold Royalties, along with extensive investment banking background in metals and mining.

Silexion Therapeutics has initiated GMP clinical manufacturing of SIL204, its next-generation siRNA therapy targeting mutated KRAS in pancreatic cancer, in collaboration with CDMO Catalent at its Limoges, France facility. The company received approval from Tel Aviv Sourasky Medical Center's Helsinki Ethics Committee for its planned Phase 2/3 trial in locally advanced pancreatic cancer, following earlier approvals from the Israeli Ministry of Health and a clinical trial application submission to Germany's BfArM.

General Motors is laying off hundreds of salaried employees in its information technology operations.