These are the stocks posting the largest moves in midday trading.
affecting a "significant portion" of its Pratt & Whitney engines that power Airbus A320neo models. Elsewhere, RTX reported second-quarter earnings that topped Wall Street expectations, posting $1.29 in adjusted earnings per share on $18.32 billion in revenue. Analysts polled by Refinitiv called for $1.18 in earnings per share and $17.68 billion in revenue.— Shares of the cloud software company rallied 5.7%.
— Shares of the industrial giant popped more than 5% to hit a 52-week high after the company posted stronger-than-expected earnings for the second quarter. GE reported adjusted earnings of 68 cents per share on revenue of $16.7 billion. Analysts called for earnings of 46 cents per share on revenue of $15 billion, according to Refinitiv. GE also boosted its full-year profit guidance, saying it's getting a boost from strong aerospace demand and record orders in its renewable energy business.
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Stocks making the biggest moves before the bell: General Motors, 3M, Spotify, Verizon and moreThese are the stocks posting the largest moves in premarket trading.
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RTX says 'significant portion' of GTF engines powering A320neo aircraft need inspectionRTX Corp said on Tuesday a 'significant portion' of Pratt & Whitney's GTF engines that power Airbus A320neo jets will need 'accelerated removals and inspections' within the next nine to twelve months.
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It’s Spotify’s turn to increase pricesAfter Apple, Amazon, Tidal, and YouTube Music Premium.
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Spotify Finally Raises U.S. Premium Subscription PricesAs expected, Spotify has finally raised the price of its premium music-streaming subscription in the U.S. to $10.99 per month — the first such price hike since the service launched in the country i…
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