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Pentagon increases Iran war costs to $37.5B

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General Motors posts strong Q2 results

General Motors posts strong Q2 results

General Motors Expressed Notable Optimism Following Strong Results in the Second Quarter of 2026 General Motors showed significant optimism after its strong second-quarter results in 2026, where its profits and previous financial forecasts were exceeded, supported by excellent performance in North America and stable vehicle prices. The company recorded an adjusted earnings per share of $3.57 and revenues of $48.03 billion, with a 25% increase in first-half profits compared to previous periods. It also projected operating profits between $14 billion and $16 billion for the year. Additionally, the company focused on improving efficiency and reducing losses in electric vehicles, raising its estimates for adjusted earnings per share and free cash flow. The positive results were attributed to stable selling prices and reduced warranty costs.

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