GM Warns ‘Across the Board’ Inflation to Put a Damper on Profit

About this episode

The episode discusses GM's earnings and inflation impacts, along with Spotify and Coca-Cola's financial performances.

Watch Paul and Scarlet LIVE every day on YouTube:  http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Steve Man, Bloomberg Intelligence Global Autos and Industrials Analyst, discusses GM earnings. General Motors Co. raised its full-year profit forecast, but said the war in Iran is fueling higher-than-expected costs. The company now expects commodity inflation to set back adjusted earnings by as much as $2 billion this year, citing higher costs for aluminum, steel, transportation and logistics. -Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, recaps Spotify earnings and discusses whether Artificial intelligence is a threat to music. Spotify shares fell after the music streaming company forecasted operating income for the second quarter that trailed expectations. -Ken Shea, Bloomberg Intelligence Senior Consumer Products Analyst, recaps Coca Cola earnings. Coca-Cola Co. reported organic revenue growth of 10%, topping the average of analyst estimates, and notching the company’s best organic growth in five quarters. See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Paul Sweeney, Scarlet Fu

Guests: Steve Man, Geetha Ranganathan, Ken Shea

Topics covered

• GM earnings
• inflation
• Spotify earnings
• Coca-Cola earnings
• commodity costs
• artificial intelligence
• music industry

Keywords

• General Motors
• inflation
• Spotify
• Coca-Cola
• earnings report
• commodity costs
• artificial intelligence

Mentioned in this episode

Organizations: General Motors Co., Bloomberg Intelligence, Spotify, Coca-Cola Co.

More episodes of Bloomberg Intelligence

• The Money Show: SpaceX Market Impact and Solving Social Security · June 12, 2026 · 45 min
• SpaceX Jumps in First Trades Following Record $75 Billion IPO · June 12, 2026 · 24 min
• Oracle Falls Most in Six Months on Mounting Data Center Costs · June 11, 2026 · 15 min
• Super Micro Falls on $7 Billion Offering to Fund AI · June 10, 2026 · 22 min
• OpenAI Joins a Massive IPO Pipeline Now Worth $3.6 Trillion · June 9, 2026 · 24 min
• Vimeo Owner Bending Spoons Files for US IPOs as Sales Rise · June 8, 2026 · 23 min