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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 ...
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 ...
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
Verizon Communications helped lead the way and rose 4%. The telecom giant reported a stronger profit for the latest quarter than analysts expected, along with higher revenue than forecast. Following ...
Benchmark analyst Mickey Legg initiated coverage of shares of the auto maker with a Buy rating and $65 price target.
Guidance for the full year was unchanged. GM still expects 2025 operating profit of between $10 billion and $12.5 billion.
General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall ...
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