Geopolitics Alpha

GM’s Q3 profit more than doubles on trucks and software, but inflation clouds outlook

Published . Updated .

GM’s Q3 profit more than doubles on trucks and software, but inflation clouds outlook Automotive News

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
ITA———————
BA———————
LHX———————
HII———————

GM’s Q3 profit more than doubles on trucks and software, but inflation clouds outlook Automotive News

Source: Automotive News

How solid the defense case looks

12 out of 100

“GM’s Q3 profit more than doubles on trucks and software, but inflation clouds outlook” scores 12 out of 100. The score uses 1 sources.