U.S. stocks move | Stock maintains strong momentum! General Motors (GM.US) rises over 5%

Zhitong Finance APP has learned that on Wednesday, General Motors (GM.US) rose over 5% to $83.64, after gaining nearly 5% in share price yesterday. According to reports, General Motors raised its full-year profit forecast for 2026, increasing the annual profit target by $5 billion to a range of $14 billion–$16 billion. This adjustment is mainly attributed to strong consumer demand in the US market for high-profit models such as pickup trucks and large SUVs, which drove the company’s core profit in the second quarter up 30% year-on-year.