General Motors surges on profit guidance and tariff relief

1 day ago

Carol Master

"Let's start with General Motors. That's ticker GM. This is the second biggest performer that we saw in the S&P 500 behind Intuitive Surgical. And we did see the stock gaining 19% this week. This is all after 15, right? Insane. 15% surge on Tuesday of this week. That's really what's propelled the stock higher. This is after the automaker raised its profit guidance on buoyant truck sales and of course a dose of tariff relief. I mean we've been talking about Ford a lot this week as well."

The discussion highlights GM's strong weekly performance driven by profit guidance improvements, buoyant truck sales, and tariff relief, noting a 19% surge overall and a remarkable 15% jump on Tuesday.

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