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Auto giant General Motors reported lower second-quarter profits Tuesday following a $1.1 billion hit from US tariffs but confirmed its full-year forecast.
US stock futures held steady on July 22 after the S&P 500 and Nasdaq Composite closed at all-time highs. Investors remain ...
For the fiscal year, as GM ( NYSE: GM) continues to deploy mitigation efforts to offset the impact of import tariffs, net income is expected to be within a range of $7.7B to $9.5B, or $8.25 to $10 per ...
General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.
Auto giant’s stock falls in premarket trading after it reveals $1.1 billion in tariff costs in the second quarter, despite mitigation efforts.
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...