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Companies are rerouting supply chains, sharing costs with suppliers, and, yes, raising their prices.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
The company raised its full-year adjusted EPS guidance to $7.10–$7.50 per share and projects third quarter adjusted EBITDA in the range of $1.95–$2.05 per share. Clothier stated, "Our estimate for ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
Profit margins for the auto maker’s North American business were 4.8%, down nearly five percentage points from the second ...
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Stocktwits on MSNGM’s Mary Barra Highlights Efforts To Mitigate Tariff Impact After Q2 Earnings Take Hit: Retail Sees Levies Impact Consumer Spending
CEO Mary Barra on Tuesday reiterated the company’s efforts to mitigate tariff impact in the future after the company reported a $1.1 billion net impact from the levies in the second quarter. GM stock ...
Trade, production, growth and other global economic vitals are proving resilient almost four months after President Trump’s ...
Bank of America analysts raise Tesla's price target to $341 from $305, citing confidence in Elon Musk's FSD ambitions amid ...
For the moment, because the data has yet to reflect anything other than the earliest impact of Trump’s less impactful tariffs, the only dissonant note within the markets is being sounded by the market ...
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