General Motors Record Performance Commentary

5 days ago

Billy Lip Schultz

"Yeah, I want to start with the best performer in the S&P 500. That is General Motors, ticker GM, right now up 14%. Best day since uh March 2020 and on pace to close at an all-time high. The company rallying after it boosted its full earnings per share guidance well above what Wall Street was looking for. We saw management talk up the fact that they are dialing back their investments in EVs, seeing strong demand for trucks and other vehicles along with price increases to pass along those costs."

Billy discusses General Motors, noting its 14% rise and record-closing pace following a robust earnings guidance and management's decision to reduce EV investments while benefiting from pricing power and tariff mitigations. This strong performance and leadership commentary highlight GM's momentum.

Related Stocks