GM(US:GM) Sou Hu Cai Jing·2025-10-23 04:27Group 1 - The U.S. federal government has shut down for the first time in nearly seven years, affecting hundreds of thousands of federal employees and delaying the release of economic data [1][3] - The budget impasse is rooted in deep divisions between the two parties over healthcare benefits, with Republicans wanting to maintain current funding levels and Democrats seeking to extend subsidies under the Affordable Care Act [3] - The government shutdown has led to the postponement of key economic reports, including the September employment report, GDP, and retail sales data [3][5] Group 2 - The Federal Reserve is facing challenges in assessing whether the current economic issues stem from high inflation or a slowing job market, as essential data is unavailable due to the shutdown [5][11] - General Motors (GM) reported a net income of $48.6 billion and a net profit of $1.3 billion for Q3, with adjusted EBIT of $3.4 billion [5] - GM's sales in the U.S. increased by 8% year-over-year, achieving the highest market share since 2017, while also experiencing growth in the Chinese market [7] Group 3 - GM's CEO highlighted the company's strong recovery in China, driven by a diverse lineup of new energy products [7] - The company is addressing overcapacity issues in its electric vehicle segment, with only about 40% of electric vehicles currently producing profits [9] - The market is closely watching the Federal Reserve's next moves, with expectations of further interest rate cuts by the end of the year [9][11]