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The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
General Motors Company GM reported better-than-expected quarterly earnings on Tuesday.
OSHKOSH, Wis.--(BUSINESS WIRE)--During EAA AirVenture, leading general aviation organizations announced collective support and endorsement of the 2026 Special Olympics Airlift.
Hopes for a tariff breakthrough for other major exporters surged on Wednesday, leading to a jump in shares of Europe's top carmakers. This optimism followed the blockbuster trade agreement reached between the US and Japan.
A group representing General Motors Ford and Chrysler-parent Stellantis on Tuesday raised concerns about a trade deal that could cut tariffs on auto imports from Japan to 15% while leaving tariffs on imports from Canada and Mexico at 25%.
Live Updates Live Coverage Updates appear automatically as they are published. Shares are in Free Fall 11:01 am by Eric Bleeker Yikes. The reaction to General Motors’ earnings have taken a turn for the worse. After opening at more than $51 per share, shares are now trading down 7.5%, at $49.27 as of 11 a.m. ET. Our take is that the company’s outsized (and continuing) tariff impacts are the biggest factor in this outsized drop. We posted the key slide about tariffs earlier, but it looks like they’ll remain a larger overhang than investors were expecting heading into earnings. Tariff Impacts 8:41 am by Eric Bleeker General Motors provides a letter to shareholders that is typically brief, but does provide some interesting details. In it Marry Barra said: “For example, in June we announced $4 billion of new investment in our U.S. assembly plants to add 300,000 units of capacity for high margin light-duty pickups, full-size SUVs and crossovers. This will help us sati
While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by far, General Motors said it has secured the No.
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results.
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