STMicroelectronics (STM) stock plummeted by 15.86% to $26.73 due to poor earnings and industry outlook impacted by tariff uncertainties. The company reported a net loss of $97 million in Q2, down from a $353 million profit last year, with net revenues decreasing by 14.4% year-on-year to $2.766 billion. STM expects a 2.5% revenue decline YoY for the current quarter. CEO Jean-Marc Chery remains cautious about the uncertain macroeconomic environment.

Read more at Yahoo Finance: STMicroelectronics (STM) Falls 15.9% on Dismal Q2, Weak Outlook