Streetbeat News

Revenues

VLVLY

Volvo's Q3 results show an 8% drop in net order intake to 43,234 trucks and a 16% decrease in deliveries to 46,266 units. Heavy-duty truck deliveries fell by 9%, medium-duty by 21%, and light-duty by 61%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:47 am

VLVLY

Volvo reported a significant decrease in its Q3 earnings and sales compared to the same period last year. The earnings per share dropped by 26.18% to $0.47, and sales decreased by 8.38% to $11.22 billion.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:41 am

FXI

China's industrial production year-to-date for September remained steady at 5.8%, matching the previous period's growth rate. This stability in industrial output may influence investor sentiment towards Chinese markets.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:00 am

FXI

China's industrial production for September grew by 5.4% year-over-year, surpassing the estimated 4.6% and the previous month's 4.5%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 4:59 am

FXI

China's GDP growth for Q3 year-to-date is reported at 4.8%, slightly below the previous 5.0%. This may impact investor sentiment towards Chinese markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 4:59 am

FXI

China's GDP for Q3 grew by 4.6% year-over-year, matching estimates but slightly lower than the previous quarter's 4.7%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 4:59 am

FXI

China's GDP growth for Q3 was reported at 0.9%, slightly below the estimated 1.0% and above the previous quarter's 0.7%. This may impact investor sentiment towards Chinese markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 4:59 am

FXI

China's Fixed Asset Investment for September grew by 3.4% year-over-year, matching the prior month's growth and slightly exceeding the estimated 3.3%.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 4:58 am

AAPL

ASML

NVDA

TSM

Analyst Ming-Chi Kuo predicts a potential pricing standoff in the semiconductor industry as ASML considers raising equipment prices for TSMC, which may push back. TSMC, a major supplier to Nvidia and Apple, recently reported strong Q3 results, while ASML also exceeded sales expectations.

Portfolio Pulse from Ananya Gairola

October 18, 2024 | 4:21 am