General Motors (GM) CFO Paul Jacobson predicts that earnings next year will surpass 2025 results, which exceeded Wall Street’s expectations. The automaker’s shares rose over 15% on Tuesday, closing at $58 per share. GM plans to repurchase shares and focus on executing business strategies to drive success in 2026. CEO Mary Barra aims to restore North American profit margins to 8% to 10%. GM’s updated 2025 guidance includes adjusted earnings of $12 billion to $13 billion and adjusted automotive free cash flow of $10 billion to $11 billion. Analysts view GM’s results and guidance positively, anticipating a shift in the company’s culture towards faster adaptation to market changes.

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1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping 500 points due to concerns about rising inflation and interest rates.

2. Tesla reported record-breaking profits in the first quarter, with earnings of $438 million and revenue of $10.39 billion, surpassing analysts’ expectations.

3. Facebook announced plans to launch its own digital currency, Libra, in partnership with several major companies including Visa, Mastercard, and Uber.

4. Boeing faced further setbacks as the FAA discovered additional issues with the 737 Max software during a recent test flight, delaying the plane’s return to service.: GM expects next year’s results to top 2025 earnings