Stock Movers: Honeywell's Guidance, GM's Tariffs, UPS Job Cuts, and Royal Caribbean's Outlook

Honeywell's Strong Performance Amidst Tariffs

• 💡 Honeywell (HON) surged nearly 6%, trading around $212 a share, after beating Wall Street estimates and raising full-year guidance.
• 📈 Despite acknowledging potential impacts from tariffs and global demand uncertainty, Honeywell's first-quarter results showed resilience, with sales estimates only slightly adjusted downwards.

General Motors' Tariff Concerns and Guidance Withdrawal

• ⚠️ General Motors (GM) shares dropped about 3%, trading just under $46 a share, due to significant concerns over US tariffs.
• 📉 The company has withdrawn its 2025 earnings guidance and put a $4 billion share buyback program on hold, citing a lack of visibility on the impact of tariffs.

UPS Job Cuts and Earnings Beat

• ✂️ UPS shares rose over 2%, trading near $100 a share, following the announcement of 20,000 job cuts and facility closures.
• 📦 These cuts are attributed to lower volumes from Amazon, and the market reacted positively to UPS's cost-cutting measures aimed at improving profitability.
• 📊 UPS reported first-quarter adjusted earnings of $1.49 a share, surpassing analyst estimates.

Royal Caribbean Boosts Full-Year Outlook

• 🚢 Royal Caribbean (RCL) shares climbed 3.3%, trading at $223 a share, after the cruise operator raised its full-year adjusted earnings per share forecast.
• 🚀 The company highlighted strong booking trends for 2025, normal cancellation levels, and continued excellent close-in demand.

Coca-Cola's Mixed Results

• 🥤 Coca-Cola (KO) saw a modest increase of 0.7%, with its stock fluctuating as the market assessed mixed results.
• ✅ While the company's comparable earnings per share met estimates and unit case volume was positive, the overall market reaction remained undecided.