GM Sales Drop Nearly 10% as High Prices and Gas Costs Hit Buyers
GM sales fell 10% in Q1 2026 due to high 2025 sales, storms, and pricey cars; some SUVs did well, EVs dropped 28%.
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Tesla’s Weakest Quarter in Years: Deliveries Miss Expectations
Tesla’s Q1 sales fell short, EV demand slows, older models lag, but investors watch robotaxis and AI plans.
Rivian Delivers 10,365 Vehicles in Q1 2026 – Beats Analyst Forecasts
Rivian beat Q1 delivery forecasts, demand is stabilizing, and a cheaper R2 model plus an Uber deal could boost future growth.
Transocean Secures $1 Billion in New Contracts and Retires $358 Million Debt Early
Transocean wins $1B in new drilling contracts, extends Brazil/Norway rigs, and pays off debt early—boosting revenue and financial health.
Intel Soars After $14.2B Buyback of Irish Chip Factory
Intel will repurchase its 49% stake in Ireland’s Fab 34 from Apollo for $14.2B. Stock jumps as the chipmaker regains full control of key AI manufacturing site.
Hasbro Hit by Cyber Attack: Toy Giant Shuts Systems and Keeps Shipping
Hasbro is investigating a cybersecurity breach after unauthorized access on March 28. The toy giant took systems offline but is using backup plans to keep taking orders and shipping products.