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Volvo Cars fourth-quarter profits tumble on tariff hit, challenging market
Yahoo Finance· 2026-02-05 07:41
Feb 5 (Reuters) - Volvo Cars' fourth-quarter profit fell 68%, hit by tariffs and weak demand, as the Sweden-based automaker warned on Thursday that ​external factors continued to pose challenges. Operating profit excluding items affecting comparability ‌at the group, which is majority-owned by China's Geely Holding, fell to 1.8 billion crowns ($199.9 million) ‌from 5.6 billion crowns a year earlier on a 16% sales drop. "External factors (affected) our performance, such as EU-U.S. import tariffs and the ...
HP Inc.: A Share Cannibal Trading At Cycle Lows
Seeking Alpha· 2026-02-03 11:44
Core Viewpoint - HP Inc. (HPQ) stock has experienced significant pressure, declining approximately 40% from its peak due to weak PC demand, fears of ongoing printer market decline, and general multiple compression linked to rising interest rates [1] Company Performance - The stock has been under pressure for the past year, reflecting a combination of market concerns regarding demand and valuation [1] Market Conditions - The decline in HPQ's stock price is attributed to broader market trends, including weak demand for personal computers and fears surrounding the printer market's long-term viability [1]
Oil flat as weak demand, oil glut weigh on market
Reuters· 2025-11-06 01:35
Core Viewpoint - Oil prices remained largely unchanged early Thursday, following a decline to two-week lows in the previous session due to weaker demand and a global oil surplus impacting the market [1] Group 1 - Oil prices settled at two-week lows in the previous session [1] - Market pressure is attributed to weaker demand [1] - A global oil glut continues to weigh on the market [1]