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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.
InvestorsHub on MSN3d
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.
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General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
General Motors and Coca-Cola stock tend to draw the attention of both institutional and retail investors, but which is the ...
In financial statements released to shareholders before the opening bell of the New York Stock Exchange on July 22, General ...
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