Tesla's Critical Earnings; GE Aerospace Guidance; Verizon's Drop
Apr 22, 2025
Tesla faces stock concerns before a pivotal earnings report, causing investor jitters about demand and leadership changes. GE Aerospace shines with solid earnings and a positive outlook while navigating a challenging market. Conversely, 3M grapples with tariff sensitivities amidst trade war risks, and Verizon struggles after losing mobile subscribers. The podcast dives into the varied fortunes of these major players, uncovering insights into their financial resilience and market strategies.
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insights INSIGHT
Tesla's Critical Earnings Moment
Tesla's shares slid sharply but rebounded before earnings.
Investors focus on Elon Musk's role and new model announcements for confidence.
insights INSIGHT
3M Faces Trade War Risks
3M maintains full-year guidance despite trade war risks affecting earnings.
China sales exposure makes the trade conflict a potential significant challenge for 3M.
insights INSIGHT
GE Aerospace Navigates Tariffs
GE Aerospace's cost controls and price increases offset tariff impacts.
U.S. airline customers depend on GE's jet engines amid travel reductions.
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On this episode of Stock Movers: - GE Aerospace (GE) is higher this morning after reaffirming its full-year financial outlook, expecting profit and sales to grow this year, driven by demand in the commercial business and cost control efforts. GE Aerospace shares had gained about 6.9% this year through Monday's close, and the company's adjusted first-quarter earnings were $1.49 a share, beating analyst estimates, with sales of $9 billion in line with estimates. - 3M (MMM) are down in premarket trade after coining the phrase "tariff sensitivity." However, it is standing by its full-year financial guidance while acknowledging new risks from the unfolding trade war, compounding the challenges for Chief Executive Officer William Brown as he tries to turn around the sprawling manufacturer. - Tesla (TSLA) shares are rebounding this morning after yesterday's slide. It comes ahead of a key earnings report, after Wedbush Securities analyst Dan Ives said Musk should step back from his government work and focus on Tesla, citing brand damage and a potential 15%-20% permanent demand destruction. - Verizon (VZ) shares are lower after it reported a larger-than-expected decline in mobile-phone subscribers in the first quarter, losing 289,000 monthly phone subscribers due to heavy competition and lower spending by government agencies. The company's operating revenue increased to $33.5 billion, topping estimates, and adjusted earnings were in line with projections, with a reaffirmed guidance for 2% to 3.5% earnings growth this year.
Stock Movers