GM Lower; 3M Pops; Intel Rises
About this episode
This episode discusses the biggest winners and losers in the stock market, focusing on General Motors, 3M, and Intel.
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - General Motors (GM) shares are lower after it raised its full-year profit forecast by another $500 million after beating second-quarter earnings estimates, powered by stronger margins on its largest vehicles and lower tariff costs. - 3M (MMM) shares are higher after it topped Wall Street’s profit expectations and raised its full-year outlook, a sign that the conglomerate’s slow-and-steady turnaround effort is proceeding despite broader economic volatility. - Intel (INTC) shares are rising as chipmakers and other AI-related firms are rebounding in premarket trading on Tuesday after the sector suffered some recent weakness. See omnystudio.com/listener for privacy information.
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