Investing.com -- U.S. stock futures edged higher Tuesday, as investors digested a deluge of corporate earnings as well as ongoing trade tensions.
Here are some of the biggest premarket U.S. stock movers today:
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General Motors (NYSE:GM) stock fell 2% despite the auto giant reporting first-quarter earnings and revenue that topped analyst expectations, as it suspended its guidance and froze share buyback program in response to new Trump tariffs.
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Coca-Cola (NYSE:KO) stock rose 1% after the soft drinks giant reported a smaller-than-expected drop in first-quarter revenue, benefiting from price hikes and strong demand for its sodas.
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Kraft Heinz (NASDAQ:KHC) stock fell 0.4% after the packaged food company reported mixed first quarter results, with earnings surpassing expectations but revenue falling short and its guidance seen as soft.
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Pfizer (NYSE:PFE) stock fell 0.2% after the drugs company reported first-quarter profit above expectations, helped by cost cuts and better-than-expected sales of its heart disease drug, Vyndaqel.
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Spotify (NYSE:SPOT) stock slumped 7.9% after the streaming music service unveiled a current-quarter guidance for monthly active users that was below expectations.
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United Parcel Service (NYSE:UPS) stock rose 2.1% after the delivery giant reported better-than-expected first-quarter 2025 results, with adjusted earnings and revenue surpassing analyst estimates.
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Royal Caribbean (NYSE:RCL) stock rose 4% after the cruise operator raised its annual profit forecast on Tuesday, benefiting from strong bookings for its premium sailings to regions such as Alaska and Japan.
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PayPal (NASDAQ:PYPL) stock fell 2.1% after the payments company beat estimates for first-quarter earnings but only maintained its annual profit forecast amid economic uncertainty.
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NXP Semiconductors (NASDAQ:NXPI) stock fell 7.7% after the chip maker only slightly beat expectations for revenue, and announced CEO Kurt Sievers would retire by the end of the year and insider Rafael Sotomayor would succeed him.
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Leggett & Platt (NYSE:LEG) stock surged 15% after the manufacturer of bedding products reaffirmed its full-year guidance, adding the company should benefit overall from President Donald Trump’s tariff plans.
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Woodward (NASDAQ:WWD) stock jumped 4.2% after the aerospace parts maker released a strong report for its fiscal second quarter.