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General Motors analyst sets new stock price target after earnings
TheStreet23d agoneutral
General Motors analyst sets new stock price target after earnings

General Motors shares are on a heater this week after the automaker reported second-quarter results ahead of expectations and raised its full-year guidance. Despite formidable headwinds, including tariffs and rising gas prices, GM reported a 30% increase in profits year over year. GM's ...

IBM buys HRL Laboratories in shift to two-track quantum computing strategy
Reuters23d agobullish
IBM buys HRL Laboratories in shift to two-track quantum computing strategy

IBM has agreed to buy HRL Laboratories, a private quantum computing research lab jointly owned by Boeing Co and General Motors, the ‌company said on Thursday, adding a second pillar to IBM's quantum computing efforts. IBM has been racing ‌against Alphabet's Google, Microsoft and others to create practical quantum machines that can crack problems that would take conventional computers thousands ​of years to solve. In May, U.S. President Donald Trump's administration said it would award $1 billion to IBM to set up a new company called Anderon in New Albany, New York, to serve as a chip factory for U.S. quantum computing firms.

GM Boosts 2026 Outlook on Premium Pricing for Big Trucks
Bloomberg25d agoneutralVIDEO
GM Boosts 2026 Outlook on Premium Pricing for Big Trucks

General Motors raised its full-year profit forecast by another $500 million after beating second-quarter earnings estimates, powered by stronger margins on its largest vehicles and lower tariff costs. Bloomberg's David Welch joins to discuss.

Auto & Transport Roundup: Market Talk
The Wall Street Journal25d agoneutral
Auto & Transport Roundup: Market Talk

Find insight on GM, European airlines, Indian auto parts makers and more in the latest Market Talks covering the auto and transport sector.

Trump imposes 50% tariffs on Canada: Markets are accustomed to 'heavy hand' tactic
Yahoo Finance Video25d agoneutralVIDEO
Trump imposes 50% tariffs on Canada: Markets are accustomed to 'heavy hand' tactic

The Trump administration has imposed a 50% tariff on certain Canadian goods, which includes imports previously protected under the United States-Mexico-Canada Agreement (USMCA). Winthrop Capital CIO Adam Cooné is joined by Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferre in gauging the muted market reaction to these new trade policies, how the US consumer is faring, and what earnings from General Motors (GM) may indicate about consumer health.

General Motors Q2 Earnings Call Highlights
MarketBeat25d agoneutral
General Motors Q2 Earnings Call Highlights

General Motors (NYSE:GM) raised its full-year 2026 guidance for the second time this year after reporting higher second-quarter revenue, adjusted earnings and free cash flow, with management citing steady North American demand, disciplined pricing, lower warranty costs and reduced electric vehicle l