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"Demand Remains Strong": GM Beats Expectations, Lifts Guidance For Second Time

"Demand Remains Strong": GM Beats Expectations, Lifts Guidance For Second Time GM beat Wall Street's second-quarter expectations on Tuesday, posting adjusted earnings of $3.57 per share on $48.03 billion in revenue as profitability improved despite softer vehicle sales. Adjusted EBIT reached $3.94 billion, up from $3.0 billion a year earlier, helped by lower tariff-related costs and stronger operating performance, according to Yahoo Finance. The Detroit automaker also lifted its full-year guidance for the second time in 2026. It's amazing what happens when the federal government isn't pressuring your business to convert entirely...
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Jun 30, 2026 / Tyler Durden
AI Hallucinations Are Exploding In U.S. Courts, New Study Finds
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Aug 5, 2026 / Tyler Durden
OpenAI, Anthropic Models Created Fake Profiles, Tried To Trick Humans During Cyber Tests
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Oct 11, 2026 / Dave DeCamp
Israel Kills 15 Palestinians in Gaza Over Three Days as IDF Intensifies Strikes One Year After ‘Ceasefire’ Deal
Israeli attacks have killed at least 15 Palestinians in Gaza over the past three days, according to numbers from Gaza’s Health Ministry, as the IDF has intensified its strikes on the besieged Palestinian territory one year after a ceasefire deal was signed. The Health Ministry said on Saturday that over the past 48-hour period, the […]
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