GM Lower; 3M Pops; Intel Rises
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.
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