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GM to offer EV owners ability to sell power to US electricity grid
Reuters73d agobearish
GM to offer EV owners ability to sell power to US electricity grid

SAN FRANCISCO, June 9 (Reuters) - General Motors is releasing a software update that allows some ‌U. electric-vehicle owners to pipe power back to the electric grid, ‌another example of car companies pursuing business opportunities in the energy sector.

The Havens From Tuesday’s Selloff
The Wall Street Journal73d agobearish
The Havens From Tuesday’s Selloff

Traders fleeing Friday's selloff took refuge in companies like Kleenex-maker Kimberly-Clark. On Tuesday, they're piling into peanut butter and home-improvement supplies. Shares in Home Depot were recently the Dow's best performers, while Jif-maker J.

Arm Holdings (NasdaqGS:ARM) Valuation Check After Sector Selloff And Ongoing AI Growth Optimism
Simply Wall St.73d agobearish
Arm Holdings (NasdaqGS:ARM) Valuation Check After Sector Selloff And Ongoing AI Growth Optimism

Recent swings in Arm Holdings (NasdaqGS:ARM) have tracked a wider pullback in semiconductor and AI infrastructure stocks, after Broadcom’s cautious AI revenue outlook and a stronger US payrolls report prompted profit-taking in growth oriented technology names. See our latest analysis for Arm Holdings. Against that backdrop, Arm’s share price is now US$346.39, with a 7 day share price return down 15.28% after a sharp sector pullback. However, a 30 day share price return of 62.42% and year to...