General Motors (GM) issued an upbeat full-year earnings outlook on Tuesday as the automaker's fourth-quarter results topped market expectations. The company anticipates adjusted earnings to be in a range of $11 to $12 for 2025,
General Motors stock is moving sharply lower Tuesday even after the automaker reported a fourth-quarter earnings beat. Here's what you need to know.
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
Morgan Stanley analyst Adam Jonas maintained a Hold rating on General Motors (GM – Research Report) yesterday and set a price target of
The stock's fall snapped a four-day winning streak.
Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
GM shares dropped almost 9% Tuesday, closing at $50.05. Shares traded for as low as $48.72. It was the worst day for shares since March 2020, amid the early d
But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.
General Motors Co.'s stock fell sharply on Tuesday as the carmaker said its bullish 2025 outlook does not account for the impact of potential tariffs by the Trump administration. The statement cast an aura of uncertainty around the outlook for the automotive giant.