In today’s trading session, US stocks exhibited a mixed performance as market focus shifted from political headlines to a slew of earnings reports. Major tech players, including Tesla Inc. and Alphabet Inc., are scheduled to unveil their financial results later today, keeping investors on edge.

Here’s a rundown of the notable movements across key stocks:

Spotify Technology soared 13% following a robust second-quarter earnings report that exceeded expectations. The company not only surpassed its earnings estimates but also posted a stronger-than-anticipated gross margin and operating income.

General Motors saw its shares jump 4.6% after delivering impressive second-quarter results that comfortably exceeded forecasts. In addition to its financial success, GM announced a restructuring plan for its struggling autonomous vehicle and China operations, aiming to streamline its business.

Lockheed Martin experienced a modest rise of 0.5% as it reported earnings and revenue that surpassed analyst projections. The defense and aerospace giant posted second-quarter earnings of $6.85 per share on revenues of $18.12 billion, outperforming the consensus estimates of $6.46 per share and $17.04 billion in revenue.

Coca-Cola Company saw its stock climb 1.7% following a better-than-expected earnings report. Coca-Cola achieved 84 cents in adjusted earnings per share on $12.36 billion in revenue, surpassing the anticipated 81 cents per share and $11.76 billion in revenue. The company also upgraded its full-year guidance for organic revenue.

NXP Semiconductors faced a 7% drop in its shares after reporting second-quarter earnings that fell slightly short of estimates. Adjusted earnings of $3.20 per share were just under the LSEG consensus of $3.21, while revenue of $3.13 billion met expectations.

United Parcel Service (UPS) struggled, with shares plummeting nearly 9% after reporting disappointing results. UPS recorded earnings of $1.79 per share on $21.80 billion in revenue, missing the expected $1.99 per share and $22.18 billion in revenue.

Danaher saw its stock rise by 6% after exceeding expectations with its second-quarter earnings and revenue. CEO Rainer Blair highlighted sustained positive momentum in the company’s bioprocessing business as a key factor in the results.

GE Aerospace enjoyed a 4% increase in its stock price after reporting second-quarter earnings that outstripped forecasts. The company posted adjusted earnings of $1.20 per share on revenue of $9.09 billion, exceeding the anticipated 99 cents per share and $8.46 billion in revenue.

Comcast experienced a 2% decline following a mixed earnings report. While Comcast’s adjusted earnings of $1.21 per share beat the expected $1.12 per share, its revenue of $29.69 billion fell short of the LSEG estimate of $30.02 billion.

As the earnings season continues, market participants are closely watching the performance of major tech companies and adjusting their strategies based on these evolving financial narratives. Stay tuned for further updates and analyses.