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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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Why General Motors (GM) Shares Are Sliding TodayWhat Happened? Shares of automotive manufacturer General Motors (NYSE:GM) fell 7.3% in the morning session after the company ...
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
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), ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
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 and Coca-Cola stock tend to draw the attention of both institutional and retail investors, but which is the ...
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.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
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