General Motors stock surged after reporting mixed third quarter earnings but improved its full-year profit outlook, as the company mitigated President Trump’s auto tariffs. Senior reporter Allie Canal breaks down the third quarter earnings print.
General Motors CFO Paul A. Jacobson joins Yahoo Finance Executive Editor Brian Sozzi on the New York Stock Exchange trading floor to dive deeper into the company’s third quarter earnings, navigating Trump’s tariffs, reshoring efforts, the company’s shifting electric vehicle (EV) strategy, and more
Also, General Motors stock is up by as much as 15% on Tuesday after the American automaker raised its full-year guidance as it now expects a reduced impact from President Trump’s tariffs, between $3.5 billion to $4.5 billion.
Citi Research Managing Director Michael Ward details the amount of risk GM leadership was able to mitigate.
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