U.S. Stocks Move | General Motors (GM.US) surges over 6% as it seeks to switch to Nasdaq and reshape its technology company image

智通财经2026/10/27 15:41

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智通财经APP reports that on Tuesday, General Motors (GM.US) opened higher and continued to rise, gaining over 6% as of press time. According to the news, General Motors plans to transfer its stock listing location from the New York Stock Exchange to the Nasdaq Global Select Market. This move aims to position the traditional automaker as a technology-driven company embracing autonomous driving and electric vehicles. Facing increasingly fierce competition from emerging electric vehicle manufacturers, General Motors is actively adopting new technologies. Previously, the company held an event in New York to showcase its upcoming electric vehicle models, which feature advanced driver assistance systems and battery technology.

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Boeing’s CEO stated on Tuesday that the company's goal of producing 47 aircraft per month for its 737 series will be delayed until early 2027, which is significantly later than previously expected. The company anticipates about $3 billion in free cash flow next year and around $6 billion in 2028, both well below market expectations of $5.6 billion and $9.6 billion, respectively. Boeing adjusted a third-quarter loss per share of $0.34, worse than the market's forecasted $0.21 loss per share. Boeing shares fell 10% on Tuesday.

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