Gold Miners Dominate Tuesday’s Worst-Performing Stocks

1. RTX Corporation (NYSE:RTX)

RTX Corp. saw its share prices drop by 9.81 percent on Tuesday to close at $113.75 each following a dismal earnings performance in the first quarter of the year.

In a statement, reported net income in the January to March period dropped by 10 percent to $1.5 billion from $1.7 billion year-on-year. The figure included $400 million of acquisition accounting adjustments and $100 million of restructuring and other net significant and/or non-recurring items.

Adjusted net income increased by 11 percent to $1.99 billion from $1.79 billion.

Reported and adjusted sales were at $20.3 billion, up 5 percent year-on-year.

For full-year 2025, RTX expects adjusted sales to settle between $83 billion and $84 billion, including 4 to 6 percent organic growth.

“The current environment is clearly very dynamic, but our company is well-positioned to perform operationally and our teams remain focused on executing on our commitments and delivering our robust backlog,” said RTX President and CEO Chris Calio.

While we acknowledge the potential of RTX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RTX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.