These Stocks Moved the Most Today: GM, Newmont, Warner Bros., 3M, RTX, Philip Morris, Beyond Meat, Netflix, and More
Oct 21, 2025 05:32:00 -0400 by Joe Woelfel | #TechnologyTraders working at the New York Stock Exchange. (NYSE)
Key Points
- General Motors rises sharply after posting better-than-expected third-quarter earnings.
- Warner Bros. begins a review of strategic alternatives, including a sale of the entertainment company.
- Gold miner Newmont tumbles as prices of the precious metal fall Tuesday.
The major U.S. indexes were a mixed bag on Tuesday, with investors focused on the nearly one-fifth of the companies in the S&P 500 that are reporting quarterly earnings this week. The Dow Jones Industrial Average marked its twelfth record close of the year.
These stocks made notable moves Tuesday:
Warner Bros. Discovery jumped 11% after the entertainment company said it has begun a review of strategic alternatives, including a sale, following interest it has received from multiple parties. The company said its board will look into a range of strategic options, including continuing the process of breaking up into two publicly listed entertainment companies by 2026, which was announced in June.
General Motors soared 15% after the auto maker posted better-than-expected third-quarter earnings. GM reported quarterly operating profit of $3.1 billion from revenue of $48.6 billion. Wall Street was looking for an operating profit of $2.7 billion from revenue of $45 billion.
Coca-Cola rose 4.1% after the beverage giant posted better-than-expected earnings in the third quarter and said it was confident it could deliver on its full-year guidance. The company said it remains on track to deliver 2025 adjusted organic revenue growth of 5% to 6%, and adjusted earnings up 3% from $2.88 a share in 2024.
Alphabet fell 2.4% after ChatGPT maker OpenAI unveiled Atlas, an AI-powered web browser with an AI chat sidebar and an “agent” feature to handle tasks like online shopping. OpenAI CEO Sam Altman said the project was still in its early days. The advent of the browser is seen as a threat to Google Chrome, which currently dominates the worldwide browser market.
On Monday, Oppenheimer analysts said Alphabet was closer than Meta Platforms to seeing returns on its artificial-intelligence investments, making it the better bet for the short term.
3M gained 7.7% after reporting quarterly earnings that were better than Wall Street forecasts. The company posted adjusted earnings of $2.19 a share from adjusted sales of $6.3 billion. Wall Street was looking for profit of $2.07 a share from sales of $6.3 billion, according to Bloomberg. Full-year earnings guidance was raised to a range of $7.95 to $8.05 a share from $7.75 to $8.
GE Aerospace rose 1.3% after third-quarter adjusted earnings of $1.66 a share topped Wall Street expectations of $1.46. Revenue of $12.2 billion smashed estimates of $10.4 billion, and the maker of jet engines raised its fiscal-year earnings estimates.
Lockheed Martin fell 3.2%. The military contractor reported third-quarter earnings of $6.95 a share on sales of $18.6 billion. Wall Street was looking for earnings of $6.38 a share on sales of $18.6 billion. Lockheed also increased its full-year earnings outlook.
Danaher, the life sciences and diagnostics company, reported third-quarter sales and profit that rose from a year earlier. Shares rose 5.9%. Adjusted earnings of $1.89 a share topped analysts’ estimates of $1.72. Sales in the period were $6.05 billion in sales, up from $5.8 billion a year earlier and better than Wall Street expectations of $6 billion.
RTX gained 7.7% after the aerospace and defense company posted better-than-expected third-quarter earnings. RTX reported earnings of $1.70 a share on sales of $22.5 billion, which rose 12% from a year earlier. Wall Street had expected earnings of $1.41 on sales of $21.3 billion.
Newmont, one of the world’s largest gold miners, declined 9% as gold prices sank 5.3% to $4,127 per ounce.
Philip Morris International beat quarterly earnings expectations but the stock dropped 3.8% after the tobacco company only lifted the floor of its full-year 2025 guidance, disappointing investors.
Apple rose 0.2% to $262.77, which is its second record close in as many days. Apple’s market cap of $3.9 trillion puts it in front of Microsoft for as the second-largest U.S. company by market cap behind Nvidia. Driving the gains this week was a report on Monday suggesting strong iPhone 17 sales and an upgrade to Buy from analysts at Loop Capital.
Amazon.com shares gained 2.6%, a day after its cloud computing business, Amazon Web Services, suffered a major outage, disrupting numerous websites and social-media platforms. The root cause of the outage was “an underlying internal subsystem responsible for monitoring the health of our network load balancers,” AWS said. By late Monday, the company said all AWS services had returned to normal operations.
Beyond Meat soared 146% to $3.62 after it appeared to be the newest target for retail investors and the meme stock crowd. The stock surged 127% Monday. Coming into Tuesday, shares of the producer of plant-based meat alternatives have fallen 25% this year amid declining sales and soft demand for its products.
Shares of electric-vehicle maker Tesla fell 1.1%. Tesla is scheduled to report third-quarter earnings after the closing bell Wednesday. Wall Street expects earnings in the period of 55 cents a share on revenue of $27.2 billion. Tesla already has announced it delivered a record 497,099 cars in the third quarter, about 54,000 vehicles more than analysts’ projected.
Netflix rose 0.2%. The streaming giant was scheduled to report third-quarter earnings after the closing bell Tuesday.
Earnings reports were also expected Tuesday after the close from Texas Instruments and Capital One Financial.
Write to Joe Woelfel at joseph.woelfel@barrons.com and Mackenzie Tatananni at mackenzie.tatananni@barrons.com