Stocks to Watch on Tuesday: Paramount, TSMC, Wolfspeed -- WSJ

Dow Jones
06-03

By WSJ Staff

Paramount $(PARA)$: The entertainment conglomerate, which is in negotiations to settle an election-interference lawsuit by President Trump, nominated three new directors to its board. The CBS owner scheduled its shareholder meeting for July 2.

TSMC $(TSM)$: The global chipmaker faces limited impact from tariffs, as levies are typically borne by importers, Chief Executive C.C. Wei said at a shareholder meeting. He guided for revenue and earnings to hit new highs this year.

Wolfspeed $(WOLF)$: The semiconductor company rose in brisk trading after-hours. The stock has been volatile in recent weeks. WSJ reported in late May Wolfspeed was preparing to file for bankruptcy.

Dollar General $(DG)$ is due to report earnings before the bell, followed by Hewlett Packard $(HPE)$ and CrowdStrike $(CRWD)$ after the close.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 03, 2025 04:44 ET (08:44 GMT)

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