Julie Morgan
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And on today's economic calendar, at 8.30 a.m.
CPI and at 10 a.m.
leading indicators.
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Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.
We've made it to Wednesday, the 12th of November.
I'm Julie Morgan.
GM is reportedly cutting China out.
AMD charges into AI.
And Google is facing legal challenges over Gemini.
General Motors has directed thousands of its suppliers to remove components sourced from China from their supply chain.
Reuters reported citing sources familiar with the matter that GM is targeting a complete relocation away from China by 2027.
The initiative began in late 2024 and has picked up speed as tensions continue to rise
between the U.S.
The report added GM prefers to source parts from North American factories but is also open to suppliers outside the U.S.