Shares of Spotify (SPOT) are jumping after the company posted second quarter earnings, revealing of paid subscribers grew by 12% year-over-year. The company posted record profit after raising prices and trimming headcount.

GE Aerospace (GE) shares are also moving slightly higher in early trading after posting second quarter results that topped analyst estimates. The company also raised its full-year guidance for revenue growth, operating profit, and earnings per share.

Shares of Lockheed Martin (LMT) are moving to the upside after raising its annual sales target and resuming deliveries of F-35 aircraft. The company continues to profit off of geopolitical tensions with contracts from the Pentagon for orders of missiles.

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This post was written by Nicholas Jacobino