These are the stocks posting the largest moves in premarket trading.
– Shares of the chemical manufacturer rose about 2% in premarket trading following the company's latest earnings report. 3M posted $7.99 billion in revenue, beating analysts' estimates of $7.87 billion, according to Refinitiv. The company also raised its full-year earnings guidance and reaffirmed its revenue guidance.— The workplace technology provider advanced 3.
Spotify reported revenue of €3.18 billion, below a Refinitiv forecast of €3.21 billion. Full-year revenue guidance was also worse than analysts expected. The report follows Spotify's announcement that it will— The electric helicopter stock added 5.6% after management released a letter to shareholders. In the letter, management said adjusted cash spend for the first half of 2023 was within budget and the company was successful in an audit from the European Union Aviation Safety Agency.
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General Motors raises full-year guidance, announces deeper cost-cuttingGM's earnings included an unexpected $792 million charge for new commercial agreements between GM and LG Electronics and LG Energy Solution.
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India's Tata Motors posts Q1 profit beat on strong JLR salesTata Motors , India's largest automaker by revenue, reported a better-than-expected profit on Tuesday, helped by strong demand for cars in its luxury Jaguar Land Rover (JLR) segment.
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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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