Morning Movers
Gapping up
$Alphabet-A(GOOGL.US)$ stock increased by 12% following the company's report of first-quarter revenue that exceeded expectations, coupled with the announcement of its first-ever dividend.
$Microsoft(MSFT.US)$ stock went up by 4.3% as the company's strong performance, especially in AI product demand, led to better-than-expected first-quarter earnings.
$Snap Inc(SNAP.US)$ stock surged 25% after the s...

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$American Airlines(AAL.US)$ stock increased by 5.2% as the company predicted profits for the current quarter that are largely above expectations, fueled by a resurgence in business travel and the prospect of strong demand during the summer season.
$Ford Motor(F.US)$ stock climbed 1.1% due to robust first-quarter earnings, a strong showing from its commercial vehicle division, rising hybrid vehicle sale...

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$Tesla(TSLA.US)$ stock soared 12% following the announcement of earlier releases for "more affordable" car versions, despite first-quarter results falling short of Wall Street estimates.
$AT&T(T.US)$ stock increased by 3.6% after reporting stronger-than-expected subscriber growth and surpassing free cash flow growth in the first quarter.
$Visa(V.US)$ stock grew 2.4% as the credit card company's second...

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$Amazon(AMZN.US)$ Stock rose 0.5% after the e-commerce giant launched a new grocery delivery subscription in the United States for members of its Prime program and customers who are recipients of government food assistance benefits.
$General Motors(GM.US)$ Stock rose 5.1% after the auto giant reported a robust first quarter in 2024, with earnings and revenue surpassing expectations and the company rais...

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$Verizon(VZ.US)$ The telecommunications giant traded 1.5% higher as earnings per share came in ahead of expectations. Verizon earned $1.15 a share, excluding items, in the first quarter, three cents more than the consensus forecast of analysts surveyed by FactSet. However, the New York-based company posted $33 billion in revenue, slightly under the $33.32 billion figure penciled in by Wall Street. Verizo...

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$Paramount Global-B(PARA.US)$ stock soared 9.6% following reports that Sony Pictures Entertainment and Apollo Global Management are in talks to potentially make a joint bid for the entertainment giant.
$Shopify(SHOP.US)$ Shares of the Canadian e-commerce company surged by 3% following an upgrade by Morgan Stanley to an overweight rating. The firm expressed optimism about Shopify's growth prospects and...

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$Alcoa(AA.US)$ stock increased by 1.7% as the company's earnings exceeded expectations with plans for steady production into 2024.
$Micron Technology(MU.US)$ stock experienced a 2.2% boost following news of over $6 billion in government grants earmarked for the company's domestic chip factory initiatives.
$D.R. Horton(DHI.US)$ shares ascended 2.6% with the homebuilder reporting a rise in quarterly prof...

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$United Airlines(UAL.US)$ stock rose 5.2% after the carrier forecast stronger-than-expected earnings in the current quarter and reported a narrower-than-expected loss in the first quarter, buoyed by robust demand for travel.
$Abbott Laboratories(ABT.US)$ stock increased by 1.6% after the company surpassed quarterly profit expectations and raised the lower end of its earnings forecast, with strong dem...

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$Morgan Stanley(MS.US)$ The stock climbed 2.8% following the announcement of increased profits in the first quarter, attributed to a rebound in investment banking from a two-year deal-making drought.
$UnitedHealth(UNH.US)$ The stock surged 7.5% after the health insurer indicated that disruptions from a February cyber attack at Change Healthcare might lead to a hit of up to $1.35 per share to full-year pro...

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$Goldman Sachs(GS.US)$ Shares of Goldman Sachs surged 3.3% in premarket trading following the company's earnings report, which exceeded Wall Street's first-quarter expectations. The firm reported earnings of $11.58 per share on revenue of $14.21 billion, surpassing analysts' predictions of $8.56 per share and revenue of $12.92 billion, thanks to the strong performance of its trading and investment banki...