Stocks to Watch: BHP, Western Digital, Home Depot, Baidu
Dow Jones
Aug 18
BHP Group (AU:BHP, BHP): The Australia-based miner reported a 9% increase in annual net profit as prices of copper surged to record highs. Its shares rose in Australia.
Home Depot $(HD)$: The home-improvement company is set to report its earnings ahead of the opening bell. Toll Brothers $(TOL)$ reports after markets close.
Baidu$(BIDU)$: The Chinese internet company reported lower revenue and profit; its U.S.-listed shares fell in premarket trading.
Western Digital$(WDC)$, Marvell Technology $(MRVL)$, Intel $(INTC)$, Micron Technology $(MU)$, Super Micro Computer $(SMCI)$: Shares in AI-infrastructure companies dropped amid volatility across the sector. Western Digital and Marvell fell more than 4% in premarket trading.
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