Category: Stock News

Stock News

Roku Stocks Dropped Following a Dim Q4 Forecast

Roku Inc tumbled 16% on Wednesday after they announced a dim forecast for the fourth quarter. In the third quarter, the revenue of the streaming hardware maker surpassed the consensus estimate by $69 million, with

toyota
Stock News

Toyota slashes target output amid higher material cost

Amid the soaring material cost and semiconductor shortage, Toyota Motor Corp slashed its target output as its profit fell by 25%. Despite faring better than most of its competitors during the pandemic, Toyota has succumbed

Stock News

Stellantis, China joint venture bankruptcy

On Monday, the venture between Stellantis and Guangzhou Automobile Group Co (GAC) to produce Jeep vehicles in China will file for bankruptcy. The said measure was taken after the extended decline of the oldest foreign

NASDAQ
Stock News

Nasdaq Futures Slide as Meta Stumbles on Gloomy Outlook

Nasdaq 100 futures weakened on Thursday as a lackluster outlook from Facebook-parent Meta Platforms Inc. raised concerns over sluggish earnings, while the possibility of the Federal Reserve hitting the brakes on aggressively hiking interest rates

Stock News

UBS Shares Increase After Strong Q3 Earnings Results

Shares of UBS Group edged higher on Tuesday after the Swiss bank reported a strong quarter that was partly driven by higher interest rates and cost controls. The stock was trading 5.1% higher, having climbed