Group 1 - The global cosmetics industry is facing significant challenges, including major losses for international giants, layoffs, and strategic shifts among key players [2][3][4] - Dow Chemical reported a net sales decline of 7% in Q2 2025, with a total loss of $1.09 billion (approximately 7.82 billion RMB) in the first half of the year [4][5][7] - L'Oréal USA is closing its SalonCentric warehouse and laying off 79 employees as part of a restructuring effort, contributing to nearly 7,000 job cuts across the global beauty sector [8][12] Group 2 - Fempower Beauty, a lip product brand founded six years ago, announced its closure and is selling products at a 50% discount [15][20] - Samhwa, a major cosmetics packaging company, was sold to KKR for 800 billion KRW (approximately 4.16 billion RMB), highlighting the growing appeal of packaging manufacturers in the beauty industry [21][24] - Interparfums reported a 5.8% increase in sales for the first half of 2025, with plans to launch a new high-end perfume brand, Solférino Paris, amid a competitive fragrance market [31][39]

Group 1 - The current macroenvironment is resilient but challenging for certain sectors, particularly due to implemented tariffs and future uncertainties [1] - Dow Inc. is highlighted as a chemical company with over a century of history, indicating its established presence in the industry [1] Group 2 - The article emphasizes the importance of due diligence for investors, suggesting that individuals should conduct their own research before making investment decisions [1]

Core Points - On July 24, shares of Dow (NYSE: DOW) dropped approximately 17% following the announcement of earnings results and a 50% reduction in dividends [1] Group 1 - The company experienced a significant decline in stock price after announcing disappointing earnings [1] - A major factor contributing to the stock price drop was the decision to cut dividends by 50% [1] - The investment strategy discussed focuses on selectively buying stocks after major declines, particularly in dividend and value stocks [1]

Core Viewpoint - Dow Inc. shares are experiencing a downward trend following weak Q2 results, but signs indicate a potential bullish reversal due to oversold conditions and possible seller capitulation [1][7]. Trading Volume - Over 65 million shares of Dow traded yesterday, marking the largest volume ever, which may indicate seller capitulation as frustrated sellers decided to sell regardless of price [2]. Oversold Conditions - Dow shares are considered oversold, having dropped below their typical trading range, which is expected to attract buyers back into the market [3][4]. Support Levels - The shares have reached a historical support level, where previous sellers may look to buy back their shares, potentially creating renewed support if enough buy orders are placed [6]. Potential for Uptrend - The combination of oversold conditions, established support, and possible seller capitulation suggests that a bullish reversal and upward movement in Dow shares may be imminent [7].

Welcome back. We're keeping an eye on the material sector today. One of the best performing groups of the month, as you probably know, despite a near 20% drop for one of the sectors holdings this week.Our Dom Chu has some of that for us this morning. Hey, Dom. >> All right.Good morning, Carl. So, sectoromics today focuses on dividends in the material sector. We've got a great hook here because Dow did cut its dividend in half just this week from 70 cents a quarter to 35 cents.That stock took a big hit on th ...

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to perform their own research and consider their financial situation before making decisions [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to understand how these instruments work and the associated risks before investing [1].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ | Commission | Exact Name of Registrant as Specified in its Charter, | State of Incorporation or | I.R.S. Employer | | --- | --- ...

Core Viewpoint - The European chemical industry is facing a prolonged downturn, with no short-term recovery in sight due to persistent supply overcapacity and structural challenges in the ethylene market [2][4]. Industry Overview - Over the past 18 months, the European chemical sector has experienced a wave of steam cracker shutdowns and downstream capacity consolidation, reflecting the ongoing weakness in the ethylene market [2]. - High raw material costs, low profit margins from naphtha cracking, and competition from low-priced imports have pressured the industry, leading to the closure or planned shutdown of six steam cracker facilities in Europe [2][3]. Company Actions - Saudi Basic Industries Corporation (SABIC) announced the closure of its ethane cracker in Wilton, UK, on June 25, 2023, indicating a potential exit from the European market [2]. - Dow Chemical also announced plans to close its steam cracker in Germany by Q4 2027 due to structural challenges [2]. Market Dynamics - The demand for steam cracker capacity is expected to rise globally, with raw material demand projected to increase from 432 million tons in 2024 to 610 million tons by 2034 [3]. - Ethylene production from ethane and naphtha routes is expected to be approximately 74 million tons each in 2024, with ethane production projected to reach 101 million tons by 2034 [3]. Regional Competitiveness - European steam crackers lack competitiveness compared to lower-cost regions due to high energy and raw material costs and a bleak demand outlook [3][5]. - As of the end of 2024, the operating rate of European steam crackers is expected to be around 75%, necessitating a reduction of approximately 2 million tons per year of ethylene capacity to achieve a 90% operating rate [4]. Price Trends - The production profit and price of ethylene in Europe are expected to remain under pressure for the remainder of the year, with spot prices fluctuating around €790 per ton since the end of 2022 [4]. - In July 2023, ethylene prices fell to €563 per ton, marking a ten-year low outside of the COVID-19 pandemic period [4]. Market Sentiment - European ethylene producers are gradually losing their global competitive edge due to structural changes in demand, leading to reduced operating rates to avoid exacerbating supply overcapacity [5]. - The uncertainty surrounding tariff policies has further dampened the confidence of European ethylene companies, causing many market participants to delay significant actions [5].

Dow Inc. (DOW) reported $10.1 billion in revenue for the quarter ended June 2025, representing a year-over-year decline of 7.4%. EPS of -$0.42 for the same period compares to $0.68 a year ago.The reported revenue represents a surprise of -1.68% over the Zacks Consensus Estimate of $10.28 billion. With the consensus EPS estimate being -$0.11, the EPS surprise was -281.82%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...

Market Overview - The market capitalization of major US stocks shows varied performance, with Oracle at 762.30 billion, Mastercard at 321.36 billion, and Visa at 770.15 billion, reflecting increases of +0.66%, +0.86%, and +0.68% respectively [3] - Exxon Mobil's market cap is 679.53 billion, with a slight decrease of -0.98%, while Johnson & Johnson and Netflix show minor changes of -0.08% and -0.05% respectively [3] - Companies like Wells Fargo and Cisco have market caps of 270.15 billion and 279.59 billion, with respective increases of +0.98% and -0.58% [3] Notable Stock Movements - T-Mobile US Inc experienced a significant increase of +6.20%, reaching a market cap of 272.19 billion [3] - General Electric and Coca-Cola saw market caps of 285.05 billion and 298.76 billion, with increases of +0.37% and +0.91% respectively [3] - Companies like Disney and Goldman Sachs have market caps of 229.06 billion and 221.80 billion, with slight changes of +0.01% and -0.60% [3] Sector Performance - The technology sector shows mixed results, with Intel at 991.05 billion, down -3.28%, while AMD increased by +2.46% to 254.92 billion [5] - The consumer goods sector is represented by companies like Procter & Gamble and Coca-Cola, with market caps of 371.68 billion and 298.76 billion, showing slight increases [3][4] - The energy sector, represented by Exxon Mobil and Chevron, shows varied performance, with Exxon down -0.98% and Chevron up +0.66% [3] Summary of Key Companies - Oracle's market cap stands at 762.30 billion, reflecting a positive trend [3] - Mastercard and Visa show strong performance with market caps of 321.36 billion and 770.15 billion, both increasing [3] - Companies like Pfizer and Comcast have market caps of 1579.81 billion and 1332.00 billion, with Pfizer showing minimal change and Comcast down -3.16% [4][5]