The Rundown Trump Gives GM a Boost, Beyond Meat Reaches Meme Stock Territory
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Oct 21, 2025 Market highlights reveal a rally following Trump's tariff threat. GM impresses with record EV sales and raises guidance, though profitability remains a challenge. Beyond Meat captures attention as a new meme stock despite shaky fundamentals. Coca-Cola reports solid earnings, benefiting from strategic pricing amid flat demand. Plus, the booming secondhand luxury market shows Gen Z's growing preference for resale platforms, reshaping traditional luxury sales. Tune in for insights on these hot topics!
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GM's Triple Beat And Tariff Relief
- GM beat revenue and profit expectations and raised full-year guidance, showing strong demand for brands like Chevy, Cadillac, and GMC.
- The revised tariff credit for U.S.-built cars and scaling back unprofitable EV production improve GM's path to higher profitability.
EV Volume Isn't Yet Profitable
- GM sold a record number of EVs but only 40% of those EVs are currently profitable, prompting a production scale-back to boost margins.
- Management expects EV demand to soften after EV tax credits expired, supporting a shift toward profitability over volume.
Coke Profits Rise Without Big Volume Gains
- Coca-Cola beat across the board and expects to meet 2025 guidance despite weak soda demand in key regions like North America and Latin America.
- Higher-margin categories and price increases drove a jump in operating income and margins without large unit volume growth.