Diamonds and Dogs

10/9/24

GM (GM) gets two upgrades a day after their Investor Day. The news at the Investor Day did not seem that bullish as China remains a problem for GM and 2025 looks a lot like 2024, but Barclays and Wedbush have $55 and $60 price targets on the auto giant as they walk the tight rope of gas and electric cars.

Google (GOOG) is the exception in tech, down 2% as the DOJ proposes remedies to curb Google's search dominance with the possibility of a breakup. A breakup is probably not realistic, but the DOJ could crimp their probability going forward.

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