Stocks to Watch Wednesday: ASML, Tesla, Meta -- WSJ

Dow Jones
29 Jan

By Joe Wallace

ASML (NL:ASML, ASML): Quarterly orders topped estimates, as companies scrambled to get their hands on machinery to make increasingly sophisticated semiconductors. Shares rose in Amsterdam, as did U.S.-listed securities in premarket trading.

Manhattan Associates $(MANH)$: The supply-chain company said earnings are likely to fall this year, sending shares down 25% in after-hour trading.

Nvidia $(NVDA)$: Shares in the chip maker traded briskly in off-hours action. That extended a volatile stretch, following Monday's DeepSeek-induced tumble, and Tuesday's partial recovery.

F5 $(FFIV)$: The software company said revenue and profit would grow faster than it had previously thought this year thanks to the adoption of multi-cloud software and AI. Shares jumped in off-hour trading.

Starbucks $(SBUX)$: The coffee chain said quarterly profit fell, though executives hailed progress in making cafes more welcoming and less hectic. Shares ticked down.

T-Mobile $(TMUS)$, General Dynamics $(GD)$ and Hess $(HES)$ are scheduled to report before the bell. They will be followed by Tesla $(TSLA)$, Meta Platforms $(META)$, Microsoft $(MSFT)$ and IBM $(IBM)$ after markets 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

January 29, 2025 04:59 ET (09:59 GMT)

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