By WSJ Staff

Earnings are due from companies including Coca-Cola (KO), Danaher $(DHR.AU)$ and General Motors (GM) early Tuesday.

NXP Semiconductors $(NXPI)$: The Dutch semiconductor company guided for sales to drop this quarter, knocking its shares in premarket trading. Other European chip stocks, including ASML $(ASML)$ and STMicroelectronics $(STM)$, also dropped.

SoftBank (JP: 9984): The Japanese conglomerate and OpenAI have sharply scaled back their near-term plans for the Stargate partnership. The project now aims to build a small data center by the end of this year, The Wall Street Journal reported.

Universal Music (NL:UMG): The music conglomerate filed for a public offering in the U.S. Shares of UMG, which owns the record label behind Taylor Swift and Lady Gaga, rose over 1% in the Netherlands.

AstraZeneca $(AZN)$: The biopharmaceutical company plans to invest $50 billion in the U.S. by 2030, the latest drugmaker to commit to American manufacturing ahead of threatened tariffs.

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(END) Dow Jones Newswires

July 22, 2025 05:34 ET (09:34 GMT)

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