General Motors (GM) raised its full-year 2026 profit forecast following better-than-expected Q2 results, with adjusted EPS up 41% to $3.57 and revenue rising 1.9% to $48.03 billion. Despite $2.3 billion in one-time charges related to its electric vehicle realignment, GM's adjusted EBIT and free cash flow exceeded analyst estimates. The company also increased its 2026 guidance for adjusted EPS, EBIT, and automotive free cash flow, signaling confidence in future growth. GM expects 2027 results to improve further and plans to onshore more production to reduce tariff exposure.
General Motors announced it will introduce new gas-powered Cadillac models starting next spring, including updated versions of the CT5 sedan, XT5 SUV, and the return of the XT6 SUV. This marks a shift from GM's earlier plan for Cadillac to sell only ...
Wall Street futures rose Tuesday morning with Nasdaq up 1.3%, led by technology stocks like Nvidia, which gained momentum after investing in cloud provider Nebius. The market is reacting to President Trump's announcement of new 50% tariffs on various...
U.S. stock futures rose Tuesday as semiconductor stocks like Micron and Intel bounced back after last week's sell-off, supported by strong earnings from 3M and General Motors. The Dow gained on these earnings beats, while the Nasdaq led gains driven ...
General Motors reported Q2 2026 revenue of $48 billion and net income of $1.3 billion, with a 30% rise in adjusted EBIT to $3.9 billion. The company raised its full-year 2026 adjusted EBIT guidance to $14-$16 billion and expects net income of $8.4-$9...
General Motors will report its second-quarter earnings before the market opens, with analysts expecting adjusted earnings per share of $3.20 and revenue of $47.01 billion. This would represent a 26% increase in earnings per share but a slight 0.2% de...
