STMicroelectronics (STM, STMPA.PA) pushes back its long-term $20 billion revenue target to 2030, saying it expects lower chip demand to extend into 2025.

TJX Companies (TJX) shares are in focus after the TJ Maxx and Marshalls parent company reported third quarter results, lifting its earnings forecast. The consumer discretionary sector is under pressure, with Target (TGT) shares tumbling after missing on earnings and sales.

Tesla (TSLA) Chair Robyn Denholm sold $35 million of Tesla stock after the 2024 US election, although the transaction has been noted to have been prearranged.

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This post was written by Naomi Buchanan.