Cleveland Cliffs Inc (CLF)

[abracky]

This will help CLF in the coming months.


General Motors (NYSE:GM) – Shares of GM rose 3.6% in pre-market trading after the company increased its projections for 2024 following a first-quarter performance that exceeded Wall Street expectations. GM revised its expected adjusted earnings for 2024 upwards to between $12.5 billion and $14.5 billion, and net profit for shareholders to between $10.1 billion and $11.5 billion. Additionally, it raised its free cash flow forecast to between $8.5 billion and $10.5 billion. For the first quarter, revenue was $43.01 billion and net profit reached $2.95 billion. Earnings per share were $2.62 adjusted, against $2.15 expected by LSEG estimates.