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Dow Inc. (0A1S.L)

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  • Yahoo Finance Video

    Dow Jones breaches 40,000, Walmart earnings, Meta investigation: Morning Brief

    On today's episode of The Morning Brief, Yahoo Finance Hosts Seana Smith and Brad Smith break down major market news and the trading day ahead. The three major stock market averages (^DJI, ^IXIC, ^GSPC) opened higher after the S&P 500 closed at a record 5,300 yesterday. The Dow Jones Industrial Average touched 40,000 while the Nasdaq Composite remains relatively flat. Shares of Walmart (WMT) are rising after the retail giant beat analyst first quarter earnings estimates. The company saw same-store sales grow 3.8% while its e-commerce sales popped 22% year over year. The company also raised its full-year sales and profit guidance. Walmart CFO John David Rainey joins the show to break down earnings, pointing to Walmart's value as a key area of success. TD Cowen Senior Research Analyst Oliver Chen says the retail giant is particularly successful because it appeals to both higher- and lower-end consumers. Meanwhile, Meta (META) is under pressure after the European Union announced a formal investigation into Facebook and Instagram, citing child safety concerns. The company told Yahoo Finance, "We want young people to have safe, age-appropriate experiences online and have spent a decade developing more than 50 tools and policies designed to protect them. This is a challenge the whole industry is facing, and we look forward to sharing details of our work with the European Commission." More than 90% of S&P 500 companies have reported their latest quarterly earnings. Goldman Sachs Chief US Equity Strategist David Kostin breaks down three themes that dominated this quarter: artificial intelligence, the US consumer, and cost controls. Dow Inc. (DOW) CFO Jeff Tate joins to discuss the manufacturing materials company's growth and how it fits into the AI picture. This post was written by Melanie Riehl

  • Yahoo Finance Video

    Dow CFO explains path to its first emission-free facility

    Materials manufacturer Dow Inc. (DOW) — one of the parent companies of the Dow Chemical Company — is talking about its growth outlook and climate-related endeavors at its investor day on Thursday. Dow CFO Jeff Tate tunes into the Morning Brief from the New York Stock Exchange, attributing the company's strategic growth plans to its diversity of use cases and applications across several industries, which also serves to offset higher for longer interest rates. "What we're seeing right now, certain areas are really strong and resilient, such as infrastructure, electronics," Tate explains. "So you think of data centers, you think of AI support, pharma continues to be strong for us. Packaging has been resilient throughout for us over the past two years and continues to have strong export performance as well as local performance." Tate also comments on Dow's ESG initiatives (Environmental, Social and Governance) to decarbonize and reach net zero emissions for its facilities: "We're mitigating a lot of those potential risks that you can have as we focus on not only decarbonizing, but more importantly, create net value." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

  • PR Newswire

    Dow announces capacity extension in SAS Chemicals GmbH to advance global high-performance façade industry

    Dow (NYSE: DOW) today announced a capacity expansion from its minority equity investment in SAS Chemicals GmbH, a German-based specialty chemical producer of sealants and components used in insulating glass manufacturing, to create a more holistic façade offering.