Honeywell's Strong Guidance; GM Panic; UPS Job Cuts

On this episode of Stock Movers:- Honeywell (HON) is up after issuing a beat on estimates and raising full-year guidance. Honeywell expressed caution going forward, slightly lowering the top end of its sales and profit-margin forecasts due to tariffs and an uncertain global demand environment for the remainder of this year.- General Motors (GM) shares are lower after withdrawing its earnings guidance for 2025 and putting $4 billion in share buybacks on hold due to uncertainty around US tariffs. Because the original guidance didn’t include impact from tariffs, prior guidance can’t be relied upon,” Paul Jacobson, the company’s chief financial officer, said on a call with reporters. “We will update when we have more information on tariffs.” - UPS (UPS) shares are on the rise after announcing job cuts and earnings. UPS expects to cut 20,000 jobs this year and close facilities due to lower volumes from Amazon. It reported adjusted earnings of $1.49 a share for the first quarter, topping analyst estimates, but backed away from its 2025 financial guidance due to macroeconomic uncertainty.- Royal Caribbean (RCL) shares are higher after the cruise operator boosted its adjusted earnings per share forecast for the full year. CEO Jason Liberty says “Bookings for 2025 have remained on track, cancellation levels are normal, and we continue to see excellent close-in demand”See omnystudio.com/listener for privacy information.