General Motors said that it would no longer fund robotaxi development by self-driving car company Cruise.
GM said it will instead turn its focus on advanced driver assistance systems and autonomous systems in personal vehicles.
Dave & Buster's posted a loss of 84 cents per share on revenue of $453 million in the third quarter.
That was worse than the Street's estimates for a loss of 37 cents a share and $466 million in revenue, per LSEG.
GE Vernova also announced it would initiate a dividend of 25 cents per share and a $6 billion repurchase authorization.
Persons:
Buster's, Chris Morris, GE Vernova, Skillsoft, Morgan Stanley, Cantor Fitzgerald, —, Darla Mercado
Organizations:
General Motors, Cruise, GM, Buster's, GE, FactSet, Rocket Pharmaceuticals, Leerink Partners, LifeSci