Stocks to Watch: SK Hynix, Mercedes-Benz, Boeing, Coca-Cola

Dow Jones
2 hours ago

Samsung (KR:005930), SK Hynix (KR:000660, SKHY): Shares in both chipmakers dropped more than 13% as part of a broader selloff amid mounting doubts over the AI boom. The slump extended to peers Micron Technology $(MU)$, Western Digital Corp $(WDC)$, Intel $(INTC)$, Taiwan Semiconductor Manufacturing $(TSM)$, and ASML (NL:ASML, ASML).

Unilever (UK:ULVR): Shares in the consumer-goods company jumped after it bumped its full-year outlook and said quarterly sales volume surged to more than a 16-year high.

Mercedes-Benz Group (XE:MBG): Shares in the luxury carmaker gained almost 4% after its second-quarter results beat investor expectations, even as it cut its sales forecast amid a worsening Chinese market.

Barclays (UK:BARC): The British bank posted a rise in second-quarter profit but reported higher-than-expected credit impairments. Shares fell more than 5%.

Koninklijke Philips (NL:PHIA): Shares fell as much as 11% after the Dutch medical-technology company reported a decline in orders for the second quarter.

Boeing $(BA)$, Coca-Cola $(KO)$, PayPal Holdings (PYPL), S&P Global $(SPGI)$, GSK (UK:GSK, GSK): The companies are due to report earnings ahead of the opening bell. Ford Motor $(F)$ and Visa (V) are set to report after markets close.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10