Luis Alvarez
Wall Street is set to regain its momentum a day after a tariff-driven sell-off, with stock index futures up on Tuesday, as traders looked forward to more trade-related announcements. Here are four stocks to watch out for:
Honeywell (HON) shares will be on the radar after the firm said it will evaluate strategic alternatives for its Productivity Solutions and Services business and Warehouse and Workflow Solutions business. The move comes ahead of its planned separation into three independent companies, which is expected to be complete in H2 2026.
Uber (UBER) shares were up 0.4% in premarket trade as the firm expects to benefit from the No Tax on Tips provision of the Big Beautiful Bill passed by Congress last week. Bank of America noted that the tax benefit could provide a modest tailwind to driver supply, which would indirectly support take rates for Uber.
Exxon Mobil (XOM) fell 0.3% in extended trading as the firm warned that declining liquids prices, which include crude oil and condensate oil, could reduce its Q2 upstream earnings by $800M-$1.2B compared with Q1. Changes in natural gas prices could chop earnings by $300M-$700M; the combined midpoint of the forecast equals $1.5B.
Datadog (DDOG) stock fell 2.2% in premarket trade as Guggenheim downgraded the stock to Sell from Neutral, citing near-term OpenAI optimization risk, and set a $105 price target on the stock.