Main #usaindexes climbed Tuesday ahead of earnings reports from #megacap tech companies later this week.

Here are some of the biggest #premarket U.S. #stock movers today:

#Apple (NASDAQ:AAPL) stock rose 0.3% despite news that iPhone sales in #China plummeted by 19% during the March quarter, according to data from Counterpoint Research, #marking the device’s poorest performance in the region since the onset of #Covid around 2020.

#Amazon (NASDAQ:AMZN) stock rose 0.5% after the e-commerce giant launched a new grocery delivery subscription in the #UnitedStates for members of its Prime program and customers who are recipients of the government food assistance #benefits.

#General Motors (NYSE:GM) stock rose 4.3% after the auto giant reported a robust first quarter in 2024, with earnings and revenue surpassing expectations and the company raising its full-year guidance.

#PepsiCo (NASDAQ:PEP) stock fell 2.25% despite the soft drinks giant beating quarterly earnings and revenue expectations, despite a recall of some Quaker Foods cereal and bars that dented U.S. volumes.

#United Parcel (NYSE:UPS) Service (UPS) stock rose 2.4% after the delivery firm reported first-quarter profit above estimates as cost cuts partly offset subdued demand for small-package delivery.

#JetBlue (JBLU) stock fell 17% after the low-cost airline lowered its 2024 revenue forecast, adding second-quarter revenue would likely drop as much as 10.5% on the year.

#Spotify (NYSE:SPOT) stock soared 15% after the music streaming company reported its gross profit crossed E1 billion in a quarter for the first time, despite quarterly monthly active users coming in below estimates

#Affirm (AFRM) stock rose 2%, with the fintech lender starting to offer “buy now, pay later” loans for elective medical procedures, in a major push beyond its core e-commerce market.

#Cadence Design (NASDAQ:CDNS) stock fell 2.3% after the chip design software maker forecast second-quarter revenue below expectations.

#Roblox (RBLX) stock rose 5% after JPMorgan upgraded its stance on the gaming platform to ‘overweight’ from ‘neutral’, citing significant monetization opportunities.

#Nucor (NYSE:NUE) fell 7% after the steel company reported lackluster earnings in the first quarter of 2024 and said second quarter earnings will decrease.

#MSCI (MSCI) fell 13%, its biggest drop in a year, after its revenue and missed estimates.

#Sherwin-Williams (NYSE:SHW) fell 3.5% after it published disappointing results and guidance.

#Kimberly-Clark (NYSE:KMB) rose 5% after the consumer products company easily beating consensus estimates for first quarter EPS and revenue, with strong organic growth.

#Danaher (NYSE:DHR) rose 7% after improving order growth drove a beat on the top and bottom line.

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