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GM stock jumps on upbeat full-year guidance as tariff exposure improves in Q3

General Motors (GM) stock surged after the company reported an improved full-year profit outlook, as the biggest of the Detroit Three automakers grapples with President Trump's auto tariffs. GM now sees full-year EBIT in a range of 12billionto12 billion to 13 billion (previously 10billionto10 billion to 12.5 billion), with adjusted automotive free cash flow of 10billionto10 billion to 11 billion (previously 7.5billionto7.5 billion to 10 billion). It also forecast adjusted earnings per share (EPS) of 9.75to9.75 to 10.50 diluted (versus 8.25to8.25 to ...