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General Motors lifts 2026 outlook despite hit from electric retreat
AFP21d agoneutral
General Motors lifts 2026 outlook despite hit from electric retreat

General Motors raised its full-year profit forecast on Tuesday after reporting solid quarterly results on strong vehicle pricing that offset a hit from costs tied to winding down electric vehicle investments.The big US automaker reported $1.3 billion in profits, down 31 percent from the year-ago period.

General Motors’s (NYSE:GM) Q2 CY2026 Sales Beat Estimates
StockStory21d agobullish
General Motors’s (NYSE:GM) Q2 CY2026 Sales Beat Estimates

Automotive manufacturer General Motors (NYSE:GM) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 1.9% year on year to $48.03 billion. Its non-GAAP profit of $3.57 per share was 12.1% above analysts’ consensus estimates.

Stocks to Watch: GM, Novartis, Swatch, Micron
The Wall Street Journal21d agoneutral
Stocks to Watch: GM, Novartis, Swatch, Micron

↗️ Novartis (CH:NOVN): Shares in the Swiss pharmaceutical company climbed after it returned to sales growth in the second quarter, driven by some of its top-selling drugs. ↘️ Swatch (CH:UHR): The watchmaker’s shares fell despite better first-half sales, as profit dropped compared to the same period last year.

3 earnings to watch on Tuesday, July 21
Yahoo Finance Video22d agoneutralVIDEO
3 earnings to watch on Tuesday, July 21

Asking for a Trend Host Josh Lipton tees up what investors should be on the lookout for on Tuesday, July 21, including earnings from General Motors Co. (GM), Northrop Grumman Co. (NOC), and D.R. Horton Inc (DHI).

GM Earnings Are Coming. Are Investors Missing Out?
Barrons.com22d agobearish
GM Earnings Are Coming. Are Investors Missing Out?

General Motors reports second-quarter earnings on Tuesday morning, with investors seemingly confused about what to do with the stock. Coming into Tuesday trading, GM shares were down about 7% year to date, despite rising earnings estimates and a solid first-quarter earnings report. On Tuesday, Wall Street is looking for a quarterly adjusted operating profit of $3.7 billion from sales of $47 billion.

General Motors (GM) Faces Coolant Leak Lawsuit Over Chevrolet, GMC And Buick Vehicles
Simply Wall St.22d agobearish
General Motors (GM) Faces Coolant Leak Lawsuit Over Chevrolet, GMC And Buick Vehicles

A new class action lawsuit alleges a coolant leak defect in certain Chevrolet, GMC, and Buick vehicles produced by General Motors (NYSE:GM). Plaintiffs claim GM knew about an engine issue tied to coolant leaks and did not adequately warn customers or fix the problem. The suit alleges violations of warranty and consumer protection laws and seeks relief on behalf of affected vehicle owners. General Motors remains a major global automaker with a portfolio that spans internal combustion...