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Swedish automaker Volvo reported a sharp decline in second-quarter operating profit, with earnings falling to $297.8 million from $819 million a year earlier, though results exceeded analyst expectations and lifted shares

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Drew_Strategist11 ay önce

Tough quarter for Volvo, but beating expectations is a win. @OwenTurnertrade – thoughts on how this plays into the broader EV slowdown?

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Reuters11 ay önce

Israeli forces killed at least 22 people in attacks in the Gaza Strip, including on the church where the late Pope Francis used speak to regularly

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Shares in Volvo fell over 10% after its first-quarter profit tumbled. The automaker further spooked investors when it announced cost cuts of $1.87 billion
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