Stocks to Watch: SK Hynix, Robinhood, Alphabet, Microsoft

Dow Jones10-28 17:38

Robinhood (HOOD): Shares in the brokerage slid over 8% in premarket trading after it reported declining profit that undershot Wall Street's expectations. Its crypto business also remains mired in a yearlong slump.

SK Hynix (SKHY), (KR:000660): The South Korean chip maker reported a tripling of quarterly net profit, sending its shares racing over 10% higher in Seoul. SK Hynix's American depositary receipts also jumped premarket.

UBS (CH:UBSG): Shares in the Swiss banking group fell in Zurich after UBS's earnings missed analysts' forecasts. UBS said its profit gained year-on-year.

Danone (FR:BN): The French food company's stock rose 3% in Paris after it reported better-than-expected sales as it seeks to revive its North America business.

Alphabet (GOOGL), Microsoft (MSFT), FedEx $(FDX)$ and Ford (F) are due to report results after markets close.

 

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