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GM Shares Slide as CEO Barra Flags 'Intensifying' Challenges

NovaTube News 2026-10-20 Original source ↗

General Motors shares fell as shareholders zeroed in on a narrower profit outlook, even as the automaker unveiled plans for another $20 billion in stock repurchases. GM now projects 2026 adjusted earnings before interest and taxes in a range of $14.5 billion to $15.5 billion, down from the $14 billion to $16 billion range it projected in July. Bloomberg's Craig Trudell joins the program to break down the market reaction and what the revised guidance signals about the road ahead for the Detroit automaker. The discussion covers how investors weighed the buyback announcement against the trimmed earnings forecast. The segment offers a clear look at the pressures facing GM as CEO Mary Barra warns of "intensifying" challenges, and what the company's updated numbers mean for its shareholders.