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GM Narrows 2026 Profit Outlook as Shares Fall 7.16% Premarket
General Motors narrowed its 2026 adjusted EBIT outlook to $14.5 billion-$15.5 billion from $14 billion-$16 billion, and its adjusted EPS outlook to $12.75-$13.75 from $12-$14. Shares fell 7.16% to $76.82 in Tuesday premarket trading.
Trimble Beats Q2 Estimates
Trimble reported Q2 revenue of $972 million, up 11% year over year, and adjusted earnings of 86 cents per share, beating estimates
Micron: Memory Supply To Improve Gradually
Micron CEO Sanjay Mehrotra expects memory supply to improve gradually in 2028, but notes no clear timeline for when it will meet rising AI demand