- General Motors reported strong quarterly earnings with $3.57 EPS and $48.03 billion in revenue, topping analyst estimates.
- Institutional investors like Mirae Asset Global Investments and Franklin Resources adjusted their holdings, while the company declared a quarterly dividend of $0.18 per share.
- General Motors also announced positive operational developments, including restarting battery-cell production at its Ohio plant and establishing a $4.5 billion supply chain facility.
- Benzinga tracks large-scale investor transactions in the Consumer Discretionary sector to help traders discover new opportunities through abnormal options activity.
- Notable whale alerts include neutral call sweeps for TSLA at a $335.00 strike and bullish call sweeps for AMZN at a $270.00 strike.
- Additional activity features bullish put sweeps for CPNG at a $15.00 strike and neutral put sweeps for MELI at an $1865.00 strike.