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Hard hit of more than $1.1B to second-quarter earnings and General Motors’ stock plunge: cause and consequences
General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from its second-quarter profits, causing a 3% dip in its stock price. That throbbing hit knocked GM’s operating earnings down by nearly a third compared to the same time last year, the published numbers revealed.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a ...
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General Motors Shares Drop as Q2 Profit Slides Amid North American Weakness
Shares of General Motors Co. (NYSE:GM) fell 4.1% Tuesday after the company posted better-than-expected second-quarter ...
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
General Motors and Coca-Cola stock tend to draw the attention of both institutional and retail investors, but which is the ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
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General Motors Q2 2025 Earnings Preview: Earnings set to decline as tariff uncertainty looms
General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall ...
GM stock tumbled following its Q2 earnings despite the company posting better-than-expected numbers. Could Ford also meet the ...
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