Stocks to Watch: Elice, SK Hynix, SpaceX, Netflix

Dow Jones10-20

Elice (KR:0158S0): Shares in the South Korean data-center startup plummeted over 30% on their trading debut, signaling renewed investor caution toward artificial-intelligence stocks. Elice had raised the equivalent of $151 million from its IPO.

SK hynix $(SKHY)$; (SK:000660): The South Korean chip maker's stock fell over 4% in Seoul, as part of a broader tech selloff in Asia. Its U.S.-listed shares also fell premarket.

ABB (CH:ABBN): Shares in the Swiss engineering group slid 5% after it said it was paying about half a billion dollars for a controlling stake in a newly carved out low-voltage-power distribution business of Japan's Mitsubishi Electric (JP:6503).

General Motors (GM) and GE Aerospace (GE) are due to report results before markets open. Earnings from SpaceX (SPCX), Netflix $(NFLX)$, and United Airlines $(UAL)$ are due after the close.

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