GM Stock Surges 8% as EV Demand Ignites Upgraded Outlook
General Motors just shifted into high gear—and Wall Street can't ignore the electric momentum.
Charging Ahead
GM's earnings report delivered the jolt investors needed, with shares racing 8% higher on explosive EV demand signals. The automaker isn't just meeting targets—it's blowing past them, forcing an upgraded outlook that's turning heads across traditional finance circles.
The company's electric vehicle pipeline is humming while legacy automakers struggle to keep pace. GM's betting big on electrification—and today's numbers suggest the gamble's paying off handsomely.
Market Reaction
Traders piled into GM stock as the earnings beat echoed through trading floors. The 8% surge represents one of the strongest single-day moves in recent automotive history—proof that even century-old manufacturers can capture lightning in a bottle when they actually execute.
Because nothing makes Wall Street happier than a legacy company pretending it's a tech startup—until the next quarterly report, of course.
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It revealed Q3 adjusted EPS of $2.80 versus the $2.27 expected.
GM also now sees full-year profits of between $12.0 billion to $13.0 billion compared with previous expectations of $10 billion to $12.5 billion.
