VZ - Tuesday's Market Minute: Tuesday Earnings Recap | Benzinga
General Motors (NYSE: GM) is up premarket after beating estimates for its 3Q despite a hit from the ongoing UAW strike. The company says that the strike is draining about $200M a week from its bottom line. It also withdrew its profit outlook for the full year.
Another interesting note is that GM has dropped a self-imposed target to produce 400K electric vehicles through the next year, citing slackening demand. If it’s not a GM-centric issue, what needs ...