GM, UPS, Coca-Cola, Spotify: Stocks to watch today

Here are the stocks apt to predominate the headlines:

General Motors (GM) bushed Q1 expectations with adjusted EPS of $2.78 connected $44.02 cardinal successful gross — but shares slipped 2% premarket aft the institution suspended 2025 guidance and halted its stock buyback program, citing commercialized uncertainty. The banal fell astir 1% earlier marketplace open.

President Donald Trump is present scrambling to incorporate the fallout from his 25% car tariff, offering automakers reimbursement for overseas parts and pledging not to stack duties atop alloy and aluminum levies. Detroit welcomed the relief, but analysts pass the shifting argumentation could inactive thrust up prices and snarl proviso chains.

UPS (UPS), the world’s largest courier company, reported $21.5 cardinal successful first-quarter gross — down somewhat from past twelvemonth — but managed to turn operating nett 3.3% to $1.7 billion. On an adjusted basis, operating borderline roseate to 8.2%, and adjusted EPS climbed 4.2% year-over-year to $1.49. Net income came successful astatine $1.19 billion.

Despite a driblet successful wide volume, U.S. home gross roseate 1.4% acknowledgment to a 4.5% summation successful gross per portion and continued spot successful aerial cargo demand. International measurement surged 7.1%, lifting that segment’s gross 2.7%, though borderline pressures overseas and successful proviso concatenation solutions remained a large drag.

UPS besides announced a sweeping cost-cutting initiative, including plans to destruct 20,000 positions successful 2025 and shutter 73 facilities, aft ending its transportation concern with Amazon (AMZN) — antecedently its largest lawsuit and 12% of revenue.

The company, which employs astir 490,000 radical — 330,000 of them unionized nether the Teamsters — said the cuts are portion of a broader web reconfiguration aimed astatine aligning its facilities and workforce with little bundle volumes. CEO Carol Tomé said the moves were well-timed fixed ongoing macroeconomic uncertainty, but declined to update the company’s full-year outlook. Shares moved up 1% successful premarket trading.

Coca-Cola (KO) besides turned successful a mixed Q1. Global portion lawsuit measurement roseate 2% and integrated gross climbed 6%, but reported nett gross declined 2%, mostly owed to currency headwinds and refranchising. Operating income surged 71% acknowledgment to beardown outgo absorption and a favorable year-over-year comp.