“Top Stocks to Watch: Pfizer, Uber, Marriott, and more – DuPont and Futures Discounts Featured”

(Discounted with DuPont and Futures)

May 2 (Reuters) – Top stocks to watch on Tuesday on Wall Street where index futures give an opening down 0.22% for the Dow Jones

.DJI

0.19% for the Standard & Poor’s-500

.SPX

and 0.08% for the Nasdaq.

* PFIZER

PFE.N

beat first-quarter earnings estimates on Tuesday on strong demand for its recently acquired drugs and steady demand for its COVID-19-related products. The action gains nearly 3% in pre-market.

* UBER

UBER.N

Said on Tuesday forecast quarterly profit above estimates, after a surge in demand for travel and food delivery helped the U.S. ride-hailing services giant report better-than-expected results for the January-March period. The action increases by 10% in pre-market, while that of its competitor Lyft

LIFT.O

increased by 4%.

* MARRIOTT INTERNATIONAL

MAR.O

on Tuesday raised its full-year profit forecast as the US hotel operator benefited from pent-up demand for leisure and business travel.

* TESLA

TSLA.O

has raised its selling prices for its vehicles to as much as $290 in Canada, China, Japan and the United States, its website showed on Monday, a hike that comes after the automaker has cut several times since the beginning of the year the prices of its best-selling models.

* MORGAN STANLEY

MS.N

plans to cut some 3,000 jobs in the second quarter as part of a new wave of layoffs, a source familiar with the matter told Reuters on Monday. This would be the second layoff plan in six months at the bank.

* IBM

IBM.N

should suspend its recruitment for certain positions while some 7,800 jobs could eventually be replaced by artificial intelligence (AI), the head of the IT group told Bloomberg on Monday.

* NETFLIX

NFLX.O

DISNEY

DIS.N

– Thousands of screenwriters working for film and television in Hollywood will go on strike from Tuesday, the first in 15 years, after failing to reach an agreement to obtain higher salaries from studios such as than Walt Disney and Netflix.

* META

META.O

is seeking to raise $8.5 billion in a five-tranche bond offering, its second issuance after raising $10 billion in 2022, according to a filing Monday by the social media group.

* DUPONT DD.N cut its full-year revenue forecast on Tuesday, citing a slower-than-expected recovery in electronics and industrials markets. The action of the American chemical group fell by nearly 5% in foreclosure.

* CHENIERE LNG.A, the main US exporter of liquefied natural gas (LNG), reported on Tuesday a return to profit in the quarter ended March 31, as higher deliveries offset lower prices.

THOMSON REUTERS

TRI. N

,

TRI.TO

parent company of Reuters News, reported higher first-quarter revenue and operating profit on Tuesday, driven in part by divestitures and strong customer retention rates.

LORDSTOWN MOTORS

RIDE.O

– The action of the electric truck maker fell 13.6% in pre-market after hitting an all-time low the day before, as the group warned that it could be forced to file for bankruptcy due to the uncertainty linked to an investment agreement with its main shareholder Foxconn

2317.TW

.

* AIR LEASE AL.N said on Monday it expects delivery delays from Boeing

B.N

and Airbus

AIR.PA

persist for several years, in the context of a faster than expected recovery in travel.

* OSHKOSH OSK.N – The US Postal Service (USPS) said Monday it expects to receive next-generation delivery vehicles from Oshkoshen in June 2024, nine months behind schedule foreseen.

* J.P. MORGAN

JPM.N

could be liable to the women who accused Jeffrey Epstein of sexual abuse if they can show that former bank executive Jes Staley had direct knowledge of the US financier’s sex trafficking activities, a judge ruled on Monday American.

* CHEGG CHGG.N The U.S. education services provider said on Tuesday it forecast revenue below estimates for the current quarter and said the use of conversational chatbot ChatGPT, which is attracting interest from students, had a impact on the growth of the number of its customers. The action fell 44% before the market.

* MARATHOM PETROLEUM

MPC.N

said on Tuesday it had more than tripled its quarterly profit, thanks to higher margins linked to sustained fuel demand and limited crude reserves, and increased its share buyback program by $5 billion. The action gains 1.2% in pre-market.

STARBUCKS

SBUX.O

is due to release its first quarter results on Tuesday.

(Written by Diana Mandiá, editing by Laetitia Volga and Kate Entringer)