Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



GM Warns of 5 Billion Charge Against Earnings Amidst Losses in China

December 09, 2024
General Motors (GM) issued a warning to Wall Street today, revealing that it expects to take a 5 billion hit against its earnings due to significant losses in the Chinese market. The company's operations in China have been facing challenges, including a slowdown in the economy and intense competition. As a result, GM's profits have taken a considerable hit. The charge will adversely impact the company's financials, but GM remains optimistic about its long-term prospects. To gain insight into the movement of GM's stock, investors are recommended to consult the experts at Stocks Prognosis.
If you want to leave a comment, then you need Login or Register





Other data for GM

Related data

GMAugust 26, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast with 20.27% Profit Margin  ~1 min.

On July 22, 2025, QuantWave, an automated forecasting platform, issued a signal to take a long position on GENERAL MOTORS COMPANY stock at a price of $48.89....


GMAugust 22, 2025QuantWave Achieves 19.98% Profit Target for GENERAL MOTORS COMPANY Stock  ~1 min.

QuantWave, the automated forecasting platform, successfully reached its price target forecast for GENERAL MOTORS COMPANY stock, resulting in a profit of 19.98%....


GMAugust 22, 2025GENERAL MOTORS COMPANY Hits QuantWave Price Target Forecast with 23.93% Profit  ~1 min.

GENERAL MOTORS COMPANY has successfully reached the price target forecast set by QuantWave, resulting in a significant profit of 23.93%....


GMAugust 19, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast with 18.19% Profit, According to QuantWave  ~1 min.

In an exciting turn of events for investors, GENERAL MOTORS COMPANY has successfully achieved the price target forecast set by QuantWave, resulting in a substantial profit margin of 18.19%....


GMAugust 19, 2025GENERAL MOTORS COMPANY Stock Hits Price Target, Yielding 18.19% Profit: QuantWave Analysis  ~1 min.

On June 17, 2025, QuantWave, an automated forecasting platform, issued a long signal for GENERAL MOTORS COMPANY stock when it was priced at $48.16....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits Price Target of 56.42 $ with a Profit of 16.24%  ~2 min.

As of August 14, 2025, GENERAL MOTORS COMPANY stock has successfully reached the price target of 56.42 $ as forecasted by QuantWave on May 23, 2025. This achievement represents a profit of 16....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits Price Target, Profits Up by 18.73%  ~2 min.

On June 4, 2025, QuantWave made a forecast signal for GENERAL MOTORS COMPANY, recommending a long position when the stock was trading at $47.4....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits QuantWave's Price Target, Generating 17.6% Profit  ~1 min.

On May 28, 2025, QuantWave's forecasting platform identified an opportunity for investors in GENERAL MOTORS COMPANY stock with a long position signal at a price of 47.85 $....


GMAugust 14, 2025GENERAL MOTORS COMPANY Hits Price Target Forecast on QuantWave, Generating 18.68% Profit  ~1 min.

On June 2, 2025, QuantWave, the automated forecasting platform, issued a long signal for the stock of GENERAL MOTORS COMPANY, with a price of 47.42 USD....


GMAugust 14, 2025GENERAL MOTORS COMPANY Stock Hits Price Target, Providing 16.24% Profit Opportunity  ~1 min.

On May 23, 2025, QuantWave, the automated forecasting platform, issued a long signal for GENERAL MOTORS COMPANY stock when it was trading at $48.41....


EXPEJanuary 1, 2025Expedia Group's Stock Continues to Outperform the Market Amidst Strong Recommendations  ~1 min.

Expedia Group Inc. (NASDAQ:EXPE) has been receiving positive recommendations from experts, making it an attractive option for investors....


AWKJanuary 25, 2025Water Utility company AWK receives "Hold" recommendation from brokerages  ~1 min.

American Water Works Company Inc. (AWK), a leading water utility company, has recently received a consensus recommendation of "Hold" from various brokerages....


MOSJanuary 26, 2025Heres Why You Should Add Mosaic Stock to Your Portfolio  ~1 min.

The Mosaic Company (NYSE: MOS) has been gaining attention from investors who believe the stock is currently undervalued....


ATODecember 18, 2024Atmos Energy Co. NYSE:ATO Receives Consensus Recommendation of Moderate Buy from Analysts  ~1 min.

According to reports, Atmos Energy Corporation (NYSE:ATO) has received a consensus recommendation of "Moderate Buy" from analysts....


EXPEDecember 30, 2024Expedia Group Inc. Receives Consensus Recommendation of Hold from Analysts  ~1 min.

Expedia Group Inc. (NASDAQ:EXPE) has been given a consensus recommendation of Hold by analysts....