tl;dr
General Motors has announced that it will stop sharing driver data with LexisNexis and Verisk, putting an end to the practice of passing on data to insurance companies for underwriting metrics. This move comes in response to a New York Times report that revealed the automaker's practice of sharing d...
General Motors has announced that it will stop sharing driver data with LexisNexis and Verisk, putting an end to the practice of passing on data to insurance companies for underwriting metrics. This move comes in response to a New York Times report that revealed the automaker's practice of sharing driver data with third-party aggregators, leading to a potential class-action lawsuit. The decision to cease data-sharing reflects a shift in prioritizing customer trust and privacy policies, as more scrutiny is placed on the collection and use of personal data in the automotive industry. In a broader context, a study by Mozilla highlights the prevalence of personal data sharing among car brands, with implications for customer privacy and insurance rates.
More about General Motors Company
General Motors Company (GM) is a major player in the manufacturing industry, with a market cap of $171.84 billion and annual revenue of $49.71 billion. Its stock currently trades at $45.73, with a P/E ratio of 5.88 and a dividend yield of 3.6%. The stock has shown a 12-month price change of 7.32% and a 52-week high of $125.98. Market sentiment appears somewhat bearish, with a negative EPS growth rate of -0.003. However, the company's strong support and resistance levels, along with its history of breakouts and bullish trends, indicate potential for future growth. It's important to note that past performance is not indicative of future results, and there are inherent risks in the market that may impact GM's stock performance.
More about Verisk Analytics Inc
Verisk Analytics Inc is a data analytics and risk assessment firm with a market capitalization of $33.68 billion. The stock is currently trading at $254.66, with a 52-week high of $268.14 and a low of $45.08. The stock has shown a 1-year return of 5.21% and a 5-year return of 18.29%. The Relative Strength Index (RSI) is currently at 45.08, indicating a neutral sentiment. The company operates in the technology and services-computer processing & data preparation sector. While the company has a strong market presence and a solid financial position, potential risks include market volatility and regulatory changes in the sectors it serves. It's important to consider these factors when evaluating the company's future performance.
More about Tesla Inc
Key Financial Metrics:
- Market Cap: $544.06 billion
- PE Ratio: 39.73
- Dividend Yield: 0%
- EPS: 4.3
- Revenue: $96.77 billion
- Profit Margin: 30.49%
- ROE: 15.5%
- Debt to Equity: 0.035
Stock Performance:
- Tesla Inc. (TSLA) stock has shown strong performance, with a market cap of $544.06 billion and a profit margin of 30.49%.
- The company's EPS stands at 4.3, indicating strong earnings per share.
Market Sentiment:
- Tesla had the highest sales in the plug-in and battery electric passenger car segments in 2020, capturing 16% of the plug-in market and 23% of the battery-electric market.
- The company's subsidiary, Tesla Energy, is a major installer of solar photovoltaic energy generation systems in the United States and one of the largest global suppliers of battery energy storage systems, with 3 GWh of battery storage supplied in 2020.
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