3.8 • 1.6K Ratings
🗓️ 3 February 2024
⏱️ 5 minutes
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0:00.0 | This episode is brought to you by the Kia Power On event, featuring the award winning Kia |
0:05.2 | EV6 with Ultra Fast Charging, available now with 2.9% APR representative, 1,000 pounds |
0:11.4 | PCP finance deposit contribution, and two years free servicing when you |
0:15.6 | order by the 29th of February. Take the lead, Drive Electric. Search the Kia Power On Event |
0:21.1 | today. Teacencies apply Kia Finance, free servicing offer available until 29th of February. Hey your money briefing listeners, I'm Francesca Fontana for the Wall Street Journal. |
0:35.0 | Every week I read a column for the journal called The Score. |
0:38.0 | It's a look at the biggest stock moots of the week and the news that drove them. |
0:41.0 | And now, every Saturday, we're bringing you what's news and markets. |
0:44.7 | Let's get to it. This week the stock market finished out the first month of 2024 higher, |
0:50.2 | making January the third straight month of gains. |
0:53.0 | Meanwhile, earnings season is in full swing, |
0:56.0 | with this week's slate of reports including some of the biggest tech stocks. |
0:59.0 | Don't worry, we'll come back to that in a minute. |
1:02.0 | But first, I want to talk about General Motors. |
1:05.0 | Now, GM had a bump a year in 2023, |
1:07.0 | but the company is aiming to leave all that behind this year, |
1:10.0 | giving a surprisingly optimistic outlook for 2024. |
1:13.0 | And that's thanks to a few things. |
1:15.0 | One of those is that it's expecting narrower losses on its electric and driverless car businesses. |
1:20.0 | And when I said that GM had a bumpy year last year, a lot of those bumps were related to those two areas. |
1:26.0 | GM's budding EV business was tripped up by manufacturing issues that messed up launch plans of several models. |
1:32.0 | For example, the botched release of an electric |
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