Midday movers: Pfizer, Pinterest, JetBlue Airways and more

investing.com:

Investing.com — U.S. stocks are wobbling on Tuesday, ahead of the start of the latest two-day policy meeting of the Federal Reserve and as investors look toward Apple (NASDAQ:AAPL)'s earnings and the October jobs report.

Here are some of the biggest U.S. stock movers today:

Pfizer (NYSE:PFE) stock fell 1.4% after the drugmaker reported its first quarterly loss since 2019, as it recorded charges largely related to its COVID products, co-developed with BioNTech (NASDAQ:BNTX).

Pinterest (NYSE:PINS) stock soared 17.1% after the image sharing platform reported third quarter results that topped expectations as efforts to improve monetization of its international users on its platform bolstered performance.

Tesla (NASDAQ:TSLA) stock rose 0.1% after the EV manufacturer’s key supplier Panasonic (OTC:PCRFY) said it cut automotive battery production in the September quarter, cementing concerns of a global slowdown in electric-vehicle sales.

Marathon Petroleum (NYSE:MPC) stock rose 0.8% after the refiner beat estimates for third-quarter profit, benefiting from strong demand for fuel and refined products amid tight supplies.

Caterpillar (NYSE:CAT) stock fell 5.8% after the heavy equipment manufacturer reported a decline in its order backlog, indicating customer demand may be waning. This has overshadowed a rise in third-quarter profit.

VF Corp (NYSE:VFC) stock dropped 12.7% after the apparel company withdrew its full-year revenue and profit forecasts, with demand for its higher-priced apparel and footwear easing.

Arista Networks (NYSE:ANET) stock gained 12.5% after the cloud networking solutions developer reported better than expected results in the latest quarter, signaling that demand for cloud and artificial-intelligence