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General Motors Stock Soars to Record High After Earnings Beat

General Motors Stock Soars to Record High After Earnings Beat

Author:

Global Cryptocurrency

Published:

2025-10-26 12:32:03

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BTCCSquare news:

General Motors shares surged 19% in a week, closing at a record $69.66 on October 24, 2025, after posting Q3 earnings that crushed analyst expectations. The automaker delivered $2.80 EPS versus $2.31 estimates, fueled by 6% U.S. vehicle sales growth and $48.6 billion revenue.

Management raised full-year EBIT guidance to $12-13 billion while taking a $1.6 billion charge to scale back EV production capacity. "The market is rewarding GM's disciplined capital allocation," said one analyst, as TD Cowen set a $100 price target.

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