Stocks to Watch Recap: Ford, Caterpillar, Teva, Starbucks -- WSJ
Dow Jones2026/07/29 22:43By Julia Amann
Ford Motor (F): Despite posting a drop in second-quarter revenue, the automaker boosted its full-year earnings outlook. Shares closed up a little over 2%.
Caterpillar (CAT): The construction-equipment maker's shares dropped around 7% amid concerns about data centers and a downgrade from analysts at Baird.
Teva Pharmaceuticals (TEVA): The drug maker raised its sales outlook after its brand-name products logged higher revenue growth in the second quarter. Shares advanced almost 10%.
Humana (HUM): The health insurer cut its earnings outlook for the year, as it continues to face headwinds from lower Medicare Advantage Star Ratings for 2026. The stock fell 6%.
Kering (FR:KER): Shares in Gucci's parent company jumped 15% after revenue rose, signaling a recovery after years of weak demand.
Hermes International (FR:RMS): Luxury peer Hermes reported accelerated sales growth in the second quarter, but little pickup in the key Chinese market; its shares tumbled 11%.
Deutsche Bank (DB, XE:DBK), Standard Chartered (STAN, UK:STAN), UBS (UBS): Shares in the three European banks initially rose after they reported strong growth in profits. Standard closed up nearly 3%, while the other two were relatively flat.
SK Hynix (KR:000660, SKHY): The chip maker's earnings failed to meet high expectations; its shares tumbled 10%, dragging rival Samsung Electronics (KR:005930) along for a 5% drop.
Starbucks (SBUX): Shares were rising in after-hours trading following the company's earnings report. The coffee chain's earnings and sales beat analysts' expectations, and it raised its same-store sales and earnings guidance for the fiscal year.
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
July 29, 2026 18:43 ET (22:43 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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