Philips issues its second straight profit warning on China. The stock is hammered, again.

Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China and again triggered a big drop in its stock price.

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Philips issues its second straight profit warning on China. The stock is hammered, again.

Topics

Related

Palantir drops for a second day as cult stock loses momentum

Rivian hits a milestone, but its stock reaction is muted

Japan warns over threat from China’s chip material export controls

Block shares fall on profit, revenue miss

Neighbours cancelled for second time as Amazon backs out

Neighbours cancelled again, two years after revival

Walmart shares drop as retailer says profit growth will slow

The key global issue is not the clash of north and south: it’s who supports international law and who doesn’t | Jean-Noël Barrot

Senate Republicans edge out the House again, planning budget vote this week

Kilauea, one of the world's most active volcanoes, is again spewing lava

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