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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.
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General Motors Shares Drop as Q2 Profit Slides Amid North American WeaknessShares of General Motors Co. (NYSE:GM) fell 4.1% Tuesday after the company posted better-than-expected second-quarter ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
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 Coca-Cola stock tend to draw the attention of both institutional and retail investors, but which is the ...
The average General Motors stock price target is $55.71, implying 5.67% upside potential.If you’re wondering which analyst you should follow if you want to buy and sell GM stock, ...
General Motors stock has had a tough year so far, falling by about 44% since early January, considerably underperforming the S&P 500 which remains down by about 25% over the same period.
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 new batch of earnings, including a tariff warning from General Motors (GM), ...
In financial statements released to shareholders before the opening bell of the New York Stock Exchange on July 22, General ...
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