General Motors (GM – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Elizabelle
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. GM shares remained down by 10.4% as of 11:44 a.m. ET. One reason for the stock's sharp decline was that GM stock soared nearly 50% in 2024.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see strong consumer demand
GM topped Wall Street’s fourth-quarter adjusted profit estimate as sales rose 11%, but the carmaker’s stock fell back.
Shares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported fourth-quarter earnings and provided guidance that assumes a stable policy environment in the US,
GM executives see a 1% to 1.5% drop in North American pricing power and a modest decline in gas-powered vehicle volume in 2025, leaving it in a relatively strong position
While investors will be watching GM’s quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.
In his appearance on CNBC’s Squawk on the Street aired before the day of the Federal Reserve’s latest interest rate environment, Jim Cramer shared how Federal Reserve Chairman Jerome Powell would have to fine-tune his remarks in line with President Trump’s sentiments about interest rates.
General Motors (GM) beat Wall Street estimates in Q4 but stock fell as tariff fears loomed large despite strong guidance for 2025 and a robust EV roadmap.
Wall Street's major indexes experienced gains, driven by the recovery of AI-linked shares. Nvidia rebounded after a significant loss. Concerns over proposed U.S. tariffs lingered, with potential impacts on inflation and Federal Reserve rate cuts.