Celestica shares surged 11% on Tuesday after the Canadian electronics manufacturer reported third-quarter earnings and revenue above analyst expectations and raised its full-year outlook, as booming demand for artificial intelligence infrastructure continues to drive growth.
Royal Caribbean stock jumped 6.7% after the cruise-line operator beat Wall Street's earnings target and raised its full-year guidance.
General Motors shares gained 5% in morning trading. The company said on Tuesday it would transfer the listing of its common stock to Nasdaq from the New York Stock Exchange, joining a growing number of companies looking to align themselves with the tech-heavy exchange.
UPS shares rose 2.6% in morning trading. The company raised its annual revenue and profit forecasts on Tuesday after beating quarterly earnings estimates, helped by higher-margin international air shipments and as it cut doorstep deliveries of millions of unprofitable packages for Amazon.
Corning stock dropped 2.1% although the optical networking company reported better-than-expected third-quarter earnings.
HSBC shares slid 6.9% on Tuesday after revenue undershot estimates and growth at its wealth business slowed, highlighting the challenge big banks face to sustain recent record profits.
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