Stocks to Watch: Ford, Hermes, Microsoft, Meta

Dow Jones17:40

Ford Motor $(F)$: Despite posting a drop in second-quarter revenue, the automaker boosted its full-year earnings outlook. Shares climbed more than 4% premarket.

Kering (FR:KER): Shares in Gucci's parent company jumped more than 11% 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.

Deutsche Bank (DB, XE:DBK), StanChart (STAN, UK:STAN), UBS (UBS): Shares in the three European banks rose after they reported strong growth in profits.

SK Hynix (KR:000660, SKHY): The chipmaker's earnings failed to meet high expectations; its shares tumbled, dragging rival Samsung Electronics (KR:005930) along with it.

Microsoft $(MSFT)$, Meta $(META)$, Starbucks $(SBUX)$, Chipotle $(CMG)$, Airbus (FR:AIR): The companies are all scheduled to report their earnings later today.

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