General Motors (GM) Exec says that the company actively manages net tariff exposure, reducing it well below initial expectations; expects deferred revenue from software, services to be ~USD 7.5bln by the end of year, up nearly 40% Y/Y
General Motors' proactive management of net tariff exposure is a positive signal, likely easing concerns around cost pressures linked to geopolitical tensions.
Kazakhstan's Chevron's (CVX) Tengiz oilfield is reportedly seen recovering less than half its output by the 7th of February, according to industry sources
Kimberly-Clark (KMB) executive expects 60bps impact to FY growth from partial loss of diapers, training pants distribution in North America Club channel - conference call
General Motors (GM) Exec says that the company actively manages net tariff exposure, reducing it well below initial expectations; expects deferred revenue from software, services to be ~USD 7.5bln by the end of year, up nearly 40% Y/Y
LISTEN LIVE: US President Trump on WABC Radio, "Sid & Friends in the Morning"
Canadian Wholesale Sales MoM Prel (Dec) M/M 2.1% (Prev. -1.8%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
The indication of a substantial increase in deferred revenue from software and services suggests a strengthening revenue stream that might bolster future earnings guidance, enhancing investor sentiment. As software revenue becomes more crucial, this may also reflect a broader industry shift towards digital solutions in the automotive sector.
Related headlines
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi2 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL2 days ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- US President Trump reiterates USD 5k payment to all US adults will happen 2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print2 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC2 days ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources2 days ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- Google (GOOGL) just completed its USD 1.5bln-plus deal for AI startup Mechanize, reports Business Insider2 days ago
- Paypal's (PYPL) new chief executive, Enrique Lores, is mapping out his plans for going it alone rather than selling the company for more than USD 50bln, reports WSJ2 days ago
The whole workspace, free to try.
Try it free