Automotive giant General Motors (NYSE:GM) reported strong earnings for the fourth quarter and full-year 2024 on Tuesday, Jan. 28. Robust adjusted earnings per share (EPS) of $1.92 topped the analysts' consensus estimate of $1.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

Last month the vehicle manufacturing giant warned that the poor performance of its Chinese joint ventures would force it to write down assets.

The stock's fall snapped a four-day winning streak.

Tesla CEO Elon Musk's involvement in politics, including his role at DOGE under Trump, raises concerns among investors about his commitment to Tesla. Despite reporting lower-than-expected profits, Tesla aims for growth in 2025 with new products.

General Motors (GM) issued an upbeat full-year earnings outlook on Tuesday as the automaker's fourth-quarter results topped market expectations. The company anticipates adjusted earnings to be in a range of $11 to $12 for 2025,

General Motors moved to a loss in its fourth quarter ... That topped the $1.85 per share that analysts surveyed by FactSet predicted. Revenue climbed to $47.7 billion from $42.98 billion, beating ...

General Motors (GM – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Elizabelle

The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.

General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.

But Boeing is far down the leaderboard of the longest streaks of red ink in the S&P 500. The industrial parts and repair company DEX lost money for 18 years in a row before turning profitable in 2019. SBA Communications and LiveNation are tied for second with 17-year runs of red ink that are thankfully over.