Stocks to Watch Wednesday: Tesla, SAP, Boeing -- WSJ

Dow Jones
04-23

By WSJ Staff

Tesla $(TSLA)$: The electric-vehicle maker's earnings missed expectations, but shares rose in premarket trading. Chief Executive Elon Musk said he would be devoting less time to his work with the Trump administration.

SAP $(SAP)$: The business software company posted better-than-expected quarterly results and it held its annual guidance, reassuring investors amid tariff uncertainty. Shares surged 10% in Germany.

Boeing $(BA)$: The plane maker's quarterly results, due this morning, will offer a window into its effort to slash costs and raise funds. Shares were up about 2% premarket.

GE Vernova $(GEV)$; NextEra $(NEE)$: Earnings from the natural-gas turbines maker and the utility company could shed light on the strength of power-demand growth from data centers.

Reckitt Benckiser (UK:RKT): The U.K. consumer-products company said that market conditions might delay the planned sale of some homecare brands, but that it was confident of mitigating tariff-related higher costs. Shares fell about 4% in London.

Oklo $(OKLO)$: OpenAI Chief Executive Sam Altman is stepping down as chairman of the nuclear-energy startup, opening up the possibility of deals between the two companies. Shares fell 1.5% premarket, having rallied Monday.

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(END) Dow Jones Newswires

April 23, 2025 05:05 ET (09:05 GMT)

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