GM Posts Strong Q2 Profits, Sees Momentum Building

General Motors (GM) shares climbed early Thursday after its second-quarter profit came in better than expected on strong growth in the U.S. especially in the truck market, despite challenges in China. Earnings before interest and taxes (EBIT) reached $2.9 billion, up from $1.4 billion a year earlier. GM's Q2 earnings per share soared 122% to $1.29, 21 cents above analyst consensus. Revenue for the quarter slid 3.7% to $38.2 billion. Wall Street

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