STMicro, Samsung, Colgate-Palmolive: Stocks in 30

In This Article:

Seana Smith and Brad Smith take a look at three trending stocks in focus on the Morning Brief.

STMicroelectronics (STM) is reportedly considering cutting its workforce by 6%, according to reports from Bloomberg.

Samsung (005930.KS) warns of slow artificial intelligence (AI) chip sales due to competition among chipmakers and US export controls.

Colgate-Palmolive (CL) forecasts annual sales weakness after missing on fourth quarter revenue hit by soft demand in North America and Latin America.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Naomi Buchanan.