Stocks to Watch Tuesday: GM, Spotify, UPS, Tesla -- WSJ

Dow Jones04-23

By Anna Hirtenstein and Katy Barnato

These stocks are winning early Tuesday, amid a mixture of flurry of earnings reports and also some M&A news. (To find out which stocks are lagging today, click here.)

Tesla $(TSLA)$: All eyes are on the EV maker's earnings, due after the market close. Tesla stock rose over 2% in early trading, after a rocky stretch that has seen it fall over 40% in 2024.

General Motors $(GM)$: Shares of GM leapt nearly 5% after the car company raised its annual profit outlook.

Spotify $(SPOT)$: Shares zoomed up roughly 16% after the audio-streaming company swung to a first-quarter profit.

Danaher $(DHR)$: The healthcare conglomerate still expects underlying sales to fall this year, but flagged improving order trends in its bioprocessing business. Its shares leapt around 7%.

UPS $(UPS)$: The delivery company posted another drop in quarterly revenue, but its adjusted earnings beat expectations. Its shares rose roughly 1%.

Novartis (CH: NOVN), $(NVS)$: The pharmaceutical company raised its full-year guidance and reported forecast-beating profit and sales. Its stocks in Switzerland and the U.S. rallied.

SAP (XE: SAP), $(SAP)$: The business software giant's earnings beat expectations; its U.S. and Germany-listed stocks jumped more than 4%.

Hibbett $(HIBB)$, JD Sports (UK: JD): The British retailer said it would buy the U.S. sporting-goods company in a deal that values the latter at $1.08 billion. Shares of both companies rallied.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

April 23, 2024 10:56 ET (14:56 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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(To find out which stocks are lagging today, ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2429116232","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429116232","pubTimestamp":1713884160,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"These stocks are winning early Tuesday, amid a mixture of flurry of earnings reports and also some M&A news. . 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(To find out which stocks are lagging today, click here.) \n\n\n     Tesla $(TSLA)$: All eyes are on the EV maker's earnings, due after the market close. Tesla stock rose over 2% in early trading, after a rocky stretch that has seen it fall over 40% in 2024. \n\n\n     General Motors $(GM)$: Shares of GM leapt nearly 5% after the car company raised its annual profit outlook. \n\n\n     Spotify $(SPOT)$: Shares zoomed up roughly 16% after the audio-streaming company swung to a first-quarter profit. \n\n\n     Danaher $(DHR)$: The healthcare conglomerate still expects underlying sales to fall this year, but flagged improving order trends in its bioprocessing business. Its shares leapt around 7%. \n\n\n     UPS $(UPS)$: The delivery company posted another drop in quarterly revenue, but its adjusted earnings beat expectations. 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The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  April 23, 2024 10:56 ET (14:56 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429116232"}