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Toyota says Q3 net profit soared, hikes full-year outlook | Money

TOKYO, Feb 10 ― Toyota said today that net profit soared 50 per cent in the third quarter and upgraded its full-year forecasts as the global auto industry gradually recovers from the coronavirus pandemic. The world's top carmaker said it made ¥838.7 billion (RM32.3 billion) in the three months.

Toyota Says Q3 Net Profit Soared, Hikes Full-year Outlook

PS5 Reportedly Selling Slower Than PS4 in Some Markets

PS5 Reportedly Selling Slower Than PS4 in Some Markets ✖ While demand for PlayStation 5 remains quite high, the console is reportedly underperforming its PS4 predecessor in multiple regions, including the UK and Japan. According to industry analyst @BenjiSales, it seems that the reason for this is that Sony is failing to meet demand for more supply. In a follow-up Tweet, the analyst says that information for all regions is not yet available, and it s possible that things could be different in some territories. Still, given some of the ambitious targets Sony had cited prior to the console s launch, it seems that there are issues on the production side hampering the system s momentum.

Day traders put stamp on market with unprecedented stock frenzy

Look at a screen at almost any point in 2020, and chances are you saw something like this: A company that nobody had ever heard of 12 months ago was in the process of trading 20 million shares in a day. Ideanomics Inc., fuboTV Inc., Vaxart Inc. — names that would’ve elicited a collective “who?” in January are obscure no longer, after seducing the retail day-trader horde whose presence defined the coronavirus era in equities. A mattress maker called Purple Innovation Inc. saw turnover surge 13-fold as it went from $5 to $25 in three months. Blank-check-born Fisker Inc. posted four sessions in which volume topped 40 million shares each.

Day traders put stamp on market With unprecedented stock frenzy

Day traders put stamp on market With unprecedented stock frenzy Retail traders now make up a fifth of stock volume in the U.SPremium 6 min read . Updated: 01 Jan 2021, 07:09 AM IST Bloomberg At a time when headlines were dominated by a raging virus, recession and the fastest-ever bear market, a record $120 trillion of stock changed hands on U.S. stock exchanges this year, up 50% from 2019 to a record Share Via Read Full Story Look at a screen at almost any point in 2020, and chances are you saw something like this: A company that nobody had ever heard of 12 months ago was in the process of trading 20 million shares in a day.

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