Stocks to Watch Tuesday: Tesla, Estée Lauder, Jefferies -- WSJ

Dow Jones03-24 17:31

By Chelsey Dulaney

Tesla $(TSLA)$: The electric-vehicle maker saw its first monthly sales increase in Europe, where it faces intense competition from BYD, in more than a year.

Jefferies $(JEF)$: Shares of the U.S. bank rallied premarket after the Financial Times reported that Japan's Sumitomo Mitsui Financial Group (JP:8316) is working on plans for a possible takeover. Sumitomo shares rose about 3% in Tokyo.

Estée Lauder $(EL)$: The beauty giant confirmed a WSJ report that it is in talks to acquire Spanish beauty group Puig Brands (ES:PUIG). Estée Lauder's stock edged higher premarket after sliding nearly 8% on the news Monday, while Puig's shares jumped 14% in Madrid.

Nintendo (JP:7974): Shares slid nearly 5% in Tokyo after Bloomberg reported the company is cutting production of its Switch 2 gaming console amid weak sales in the U.S.

GameStop $(GME)$ is set to report quarterly results after the closing bell.

Exor (NL:EXO): The holding company of Italy's Agnelli family swung to a loss as some of its largest listed companies, including carmaker Stellantis, struggled last year. Shares fell roughly 3% in Amsterdam.

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(END) Dow Jones Newswires

March 24, 2026 05:31 ET (09:31 GMT)

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