Anonymous ID: 07498d July 21, 2026, 5:08 a.m. No.24850554   🗄️.is 🔗kun   >>0562 >>0591 >>0651

GM beats on earnings, raises guidance amid ‘resilient’ consumer, pricing

-General Motors beat its second-quarter earnings expectations.

-The Detroit automaker also raised its guidance.

-GM executives will host an earnings conference call at 8:30 a.m. ET.

 

DETROIT — General Motors raised several key 2026 earnings forecasts Tuesday after beating Wall Street’s second-quarter expectations as the automaker’s North American operations continue to drive its results.

 

The Detroit automaker attributed its guidance change to consistent vehicles transaction prices, lower warranty costs and narrowing all-electric vehicle losses as it wraps up a multibillion-dollar pullback in EVs.

 

“These results are very consistent with what we’ve been doing for the last several years,” GM CFO Paul Jacobson said Tuesday during CNBC’s “Squawk Box.” “Our first half earnings per share is 25% higher than the first half at any time in our history.”

 

Jacobson said GM’s “momentum is palpable,” while referring to the company’s stock as a “bargain” at roughly $75 a share, up more than 40% compared to a year ago. He described the company’s consumer demand as “resilient.”

 

Here’s how the company performed in the first quarter, compared with average estimates compiled by LSEG:

-Earnings per share: $3.57 adjusted vs. $3.20 expected

-Revenue: $48.03 billion vs. $47.01 billion expected

 

The raised guidance includes full-year adjusted earnings before interest and taxes of between $14 billion and $16 billion, or $12 and $14 adjusted EPS, up from previous guidance of $13.5 billion to $15.5 billion, or $11.50 and $13.50 adjusted EPS, previously. It also raised its expectations for adjusted automotive free cash flow to $9.5 billion to $11.5 billion, up from $9 billion to $11 billion.

 

The Detroit automaker, however, lowered its expectations for net income attributable to stockholders to be between $8.4 billion and $9.8 billion, down from a previously lowered guidance of between $9.9 billion and $11.4 billion.

 

This is the second consecutive quarter GM has lowered its net income attributable to stockholders guidance while raising other forecasts. In April, GM altered its guidance to reflect a $500 million tariff rebate.

 

The company’s North American operations led GM’s results, which also include expanding its digital services revenue by 20% and improving its EV losses by between $1 billion to $1.5 billion this year compared with 2025.

 

“Our 8.6% EBIT-adjusted margin in North America was up 2.5 points from a year ago, and we continue to lower our warranty costs, reduce EV losses, and increase operating efficiency. In addition, GM International, inclusive of our China joint ventures, was profitable,” GM CEO and Chair Mary Barra said in a letter to shareholders.

 

Barra also noted consistent vehicle pricing and a “very attractive lineup” of pickup trucks and SUVs contributed to its results. The automaker said its average vehicle transaction price was $52,000 during the quarter as it remains disciplined regarding incentives.

 

The company said Tuesday it has “substantially” completed material charges involving its pullback in all-electric vehicles, which have included $10.9 billion in EV-related charges since the second half of last year.

 

GM on Tuesday said it has paid $4.5 billion of an expected $7.2 billion in cash charges related to its EV pullback through the second quarter.

 

The company’s second-quarter results included net income attributable to stockholders of $1.3 billion, down 31.1% compared to a year earlier, while adjusted earnings increased about 30% to more than $3.9 billion, or an 8.2% adjusted profit margin. Its revenue was up 1.9% from a year earlier.

 

GM’s 2025 second-quarter results included $47.12 billion in revenue, net income attributable to stockholders of $1.9 billion, and adjusted earnings before interest and taxes of $3.04 billion.

 

https://www.cnbc.com/2026/07/21/general-motors-gm-earnings-q2-2026.html

Anonymous ID: 07498d July 21, 2026, 5:11 a.m. No.24850565   🗄️.is 🔗kun   >>0566

The World Cup halftime show was great. The least gay and satanic display of celebration I've seen by mainstream entertainment for a long time.

Anonymous ID: 07498d July 21, 2026, 5:16 a.m. No.24850586   🗄️.is 🔗kun   >>0589 >>0596 >>0602 >>0607 >>0635 >>0651

Co-Founder of the Sinaloa Cartel, Ismael “El Mayo” Zambada Garcia Sentenced to Life in Prison and Ordered to Forfeit $15 Billion in Drug Trafficking Profits

 

https://www.justice.gov/opa/pr/co-founder-sinaloa-cartel-ismael-el-mayo-zambada-garcia-sentenced-life-prison-and-ordered

Anonymous ID: 07498d July 21, 2026, 5:21 a.m. No.24850608   🗄️.is 🔗kun   >>0616

@VictorFaculty32

Stephen Miller – Trump Administration moving to debank illegal aliens.

 

Boomerang.

 

https://x.com/VictorFaculty32/status/2078523970068861217

Anonymous ID: 07498d July 21, 2026, 5:28 a.m. No.24850636   🗄️.is 🔗kun   >>0638 >>0651

Taco Bell Update: Taylor Fresh Foods Recalls Iceberg Lettuce from Central Mexico Because of Possible Health Risk

 

Taylor Farms de Mexico of Guanajuato, Mexico is voluntarily removing all iceberg lettuce sourced from central Mexico from the U.S. market, because it has the potential to be contaminated with Cyclospora. Most people infected with Cyclospora develop diarrhea, with frequent bowel movements. Other common symptoms include loss of appetite, weight loss, stomach cramps/pain, bloating, increased gas, nausea, and fatigue. Vomiting, body aches, headache, and fever may be noted. Some people who are infected with Cyclospora do not have any symptoms. If not treated, the illness may lead to dehydration and severe complications that may require higher levels of care. These complications may last from a few days to a month or longer. Symptoms may seem to go away and then return one or more times (relapse). Immunocompromised persons may experience more severe illness of longer duration along with complications requiring close medical attention.

 

This action was prompted by the multistate Cyclospora outbreak https://www.fda.gov/food/outbreaks-foodborne-illness/investigation-5-state-outbreakcyclospora-illnesses-iceberg-lettuce-july-2026. We are actively removing the implicated products. The company has stopped receiving product from the implicated lot, suspended distribution of the iceberg lettuce from Central Mexico, notified our customers, and we are continuing to work with the FDA, CDC, and state authorities.

 

The shredded iceberg product was distributed June 29th thru July 16th in AL, AR, CT, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, MS, NC, NH, NJ, OH, OK, PA, SC, TN, TX, VA, and WI.

 

https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/taylor-fresh-foods-recalls-iceberg-lettuce-central-mexico-because-possible-health-risk

Anonymous ID: 07498d July 21, 2026, 5:39 a.m. No.24850679   🗄️.is 🔗kun

President Trump slaps 50% additional tariff on Canada over wildfire neglect

 

President Donald Trump on Monday announced sweeping tariffs against Canada, threatening to reignite a trade battle with one of America’s closest allies and top economic partners.

 

The 50% tariffs on certain Canadian goods, including electrical equipment and machinery, are among the steepest tariffs his administration has levied against any country.

 

Although the president has recently threatened tariffs against America’s neighbor in retaliation for wildfire smoke that poured into the northern part of the United States, administration officials said that the latest tariffs are unrelated.

 

The levies take effect in 30 days, covering about $20 billion of Canadian goods, the White House said.

 

Canadian Prime Minister Mark Carney said the country “believes in the benefits of free and fair trade,” in a statement on Monday.

 

“In all circumstances, Canada will work relentlessly and take any measures necessary to build our strength at home and to support Canadian workers, farmers, businesses, and families,” Carney said.

 

But Ontario Premier Doug Ford went further, immediately encouraging Canada to retaliate.

 

“If these tariffs proceed, Canada should respond tariff for tariff, dollar for dollar,” Ford said in a post on X.

 

Trump cited Section 338 of the Tariff Act of 1930, a law that allows a president to set tariffs up to 50% when another country discriminates against American goods. However, the law has never been applied this way.

 

Excluded from the latest round of tariffs are several key Canadian imports, including energy products, critical minerals, fish and other goods that are subject to industry-specific duties, such as cars and metals.

 

However, unlike other levies Trump has enacted against Canada, there will be no carve-outs for goods covered by the trade pact known as the United-States-Mexico-Canada Agreement, which is currently under negotiation.

 

The Canadian Trucking Alliance, an industry group, warned of higher costs for consumers and urged the United States and Canada to negotiate. “You cannot disrupt the world’s most integrated supply chain without massive collateral damage,” CEO Stephen Laskowski said in a statement shared with CNN. “These tariffs will immediately spike freight costs, create severe border bottlenecks, and hurt consumers in both nations.”

 

A potential new trade tool

According to research firm Capital Economics, only about 5% of Canadian imports would be affected by the new tariffs — or about 0.6% of total US imports.

 

Still, if Trump’s use of Section 338 is upheld by the courts, it could become a useful tool in future trade negotiations, said Stephen Brown, chief North America economist at Capital Economics.

 

“Taking a step back, it’s striking that the Trump administration is now reaching to a new method to implement tariffs,” Brown wrote in a research note Monday.

 

Tariffs have become one of Trump’s go-to economic negotiation tactics, which he has attempted to levy against every major US trade partner during his latest term.

 

However, the Supreme Court ruled in February that the president could not use the International Emergency Economic Powers Act, or IEEPA, to implement sweeping tariffs globally. The decision negated Trump’s attempt to tax imports from every country and additional punitive tariffs on China, Canada and Mexico.

 

Instead, Trump imposed temporary, across-the-board 10% tariffs under Section 122 of the Trade Act of 1974, which are set to expire later this week.

 

Last week, the US announced a new 25% tariff on many Brazilian imports under Section 301, following a yearlong investigation into Brazil’s trade policies that it said it found to be unfair.

 

The US has also previously threatened to impose more tariffs on China, its primary economic rival in global trade, which is already facing much steeper tariffs than other nations. Though tariffs went undiscussed during a summit between Trump and Chinese leader Xi Jinping in May, Xi is expected to visit the US in September.

 

In its statement Monday, the White House emphasized that Canada was one of two countries that had chosen to retaliate against US tariffs rather than negotiate— the other country being China.

 

https://lite.cnn.com/2026/07/20/business/canada-tariffs-50-percent-trump