Stocks to Watch: SpaceX, Constellation Brands, LG Electronics -- WSJ
Dow Jones2026/10/07 09:19By WSJ Staff Space Exploration Technologies (SPCX): SpaceX fell nearly 2% premarket after reports that Elon Musk's rocket and AI company was looking to raise $40 billion to buy chips from Nvidia. Constellation Brands (STZ): The beverage company's stock slid more than 4% ahead of the opening bell after reporting earnings. While profit and revenue rose, beer depletions-a measure of distributor sales seen as a proxy for underlying demand-declined in the latest quarter. LG Electronics (KR:066570): Shares of the South Korean consumer-electronics maker tumbled more than 10% after it warned that third-quarter profit would come in well below market estimates. Societe General (FR:GLE): The French bank slid 2.9% in Paris amid continuing worries about France's fiscal trajectory. Other European banks such as HSBC (UK:HSBA) and Deutsche Bank (XE:DBK) also fell. Porsche (XE:P911): The German sports-car maker told investors that it planned to offer more higher-end vehicles and raise its average selling price by 20%. Its stock is down after giving up earlier gains. Levi Strauss (LEVI): The clothing company is set to report quarterly earnings after the closing bell. This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). (END) Dow Jones Newswires October 07, 2026 05:19 ET (09:19 GMT)
By WSJ Staff
Space Exploration Technologies (SPCX): SpaceX fell nearly 2% premarket after reports that Elon Musk's rocket and AI company was looking to raise $40 billion to buy chips from Nvidia.
Constellation Brands (STZ): The beverage company's stock slid more than 4% ahead of the opening bell after reporting earnings. While profit and revenue rose, beer depletions-a measure of distributor sales seen as a proxy for underlying demand-declined in the latest quarter.
LG Electronics (KR:066570): Shares of the South Korean consumer-electronics maker tumbled more than 10% after it warned that third-quarter profit would come in well below market estimates.
Societe General (FR:GLE): The French bank slid 2.9% in Paris amid continuing worries about France's fiscal trajectory. Other European banks such as HSBC (UK:HSBA) and Deutsche Bank (XE:DBK) also fell.
Porsche (XE:P911): The German sports-car maker told investors that it planned to offer more higher-end vehicles and raise its average selling price by 20%. Its stock is down after giving up earlier gains.
Levi Strauss (LEVI): The clothing company is set to report quarterly earnings after the closing bell.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 07, 2026 05:19 ET (09:19 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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