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The Marked Chart Wire · Business
Toyota
The Japanese automaker posted increased earnings and sales for the initial six months of fiscal 2027. It raised its full-year profit projection but lowered its expected total sales.
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Toyota
Toyota Motor reported GAAP earnings per share of 185.97 yen and revenue of 26.96 trillion yen for the quarter. The company also increased its full-year forecast for fiscal 2027.
Sony
Sony announced that its second-quarter earnings increased by a double-digit percentage. The company also raised its annual financial outlook.
Tesla-SpaceX Merger
Investor Gary Black cautioned that a proposed all-stock merger between Tesla and SpaceX might dilute Tesla holders, noting that a 24 percent premium can quickly turn negative.
HotConocoPhillips Earnings
ConocoPhillips is scheduled to release its third-quarter results on November 5. Analysts project earnings per share of $3.05 and revenue of $18.83 billion, both higher than the prior year.
HotUber
Dara Khosrowshahi said fuel costs linked to the Iran conflict are reducing driver supply in Brazil and India. The company is increasing driver incentives and cutting rider subsidies in response.
ArcelorMittal
The steelmaker reported non-GAAP earnings per share of $1.15 and revenue of $16.47 billion, falling short of analyst forecasts by $460 million.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.