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moves money TNW July 21, 2026

GM beats Q2 earnings and announces gas-powered Cadillacs as nearly $11 billion EV retreat nears completion

GM beats Q2 earnings and announces gas-powered Cadillacs as nearly $11 billion EV retreat nears completion
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General Motors beat Wall Street’s second-quarter estimates by 37 cents a share on Tuesday, raised its full-year earnings guidance for the second time this year, and used the same earnings call to announce that Cadillac will launch new gas-powered versions of the CT5 sedan, XT5 crossover, and discontinued XT6 three-row SUV starting next spring. Revenue […] This story continues at The Next Web

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