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GM Surpasses Expectations with Strong Q2 | Raleigh News
GM just smashed Q2 earnings with a 30% profit surge, hitting $3.94 billion—beating expectations even amid economic headwinds. CEO Mary Barra credits booming truck/SUV demand, record Super Cruise adoption, and tighter warranty costs. Analysts at Deutsche Bank and Morgan Stanley are raising GM’s stock targets, praising its strong execution. The company’s confidence is so high it’s bumped its full-year EPS forecast to $12–14, fueled by growth trends and a rising software/services business poised to deliver long-term value. Listen in comfort:Get a discount on a Soli Pillow…
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