General Motors (GM) stock soared after raising its full-year profit outlook to $12 billion to $13 billion and adjusted EPS to $9.75 to $10.50. Tariff exposure is now at $3.5 billion to $4.5 billion, with stock surging over 8% in early trade. GM reported Q3 sales of 710,347 vehicles, with gas-powered vehicles leading. Electric vehicle sales surged in Q3 but are expected to slow post-tax credit expiration. GM will take a $1.6 billion charge for reassessing its EV plans and end production of Brightdrop EV delivery van. Tariffs remain a key concern, with GM committing $4 billion to expand US manufacturing. Tariffs are impacting other US manufacturers and will cost over $10 billion by month-end.

Read more at Yahoo Finance: GM stock jumps on upbeat full-year guidance as tariff exposure improves in Q3