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NASDAQ:VOLCAR.B 23 October 2025

Volvo Cars’ Stock Skyrockets 40% After Surprise Profit Surge – Biggest Jump Since IPO

Volvo Cars’ Stock Skyrockets 40% After Surprise Profit Surge – Biggest Jump Since IPO

Volvo Cars reported Q3 operating profit of SEK 5.9 billion, far above analyst expectations. Gross margin jumped to 24.4% after major cost cuts and job reductions under returning CEO Håkan Samuelsson. Shares surged over 40% intraday, reaching their highest level since mid-2024. A new EU–U.S. trade deal eased tariff concerns, while EV sales slipped to 22% of volume.
23 October 2025

Stock Market Today

  • OpenAI Leads AI IPO Race as Confidential Filing Imminent
    May 20, 2026, 4:03 PM EDT. OpenAI has surged ahead of rival Anthropic as the favorite to launch the first initial public offering (IPO) among private AI firms. Prediction markets flipped following reports that OpenAI plans a confidential IPO filing as soon as this week, boosting its chances to 83% from 32%. Anthropic's probability of beating OpenAI has dropped significantly. Wedbush analyst Dan Ives emphasized the importance of being first to public markets in the competitive AI sector, citing valuation and investor engagement advantages. OpenAI's momentum follows a recent court victory and impending regulatory filings, despite previous investor concerns due to spending and leadership uncertainties. Meanwhile, Anthropic's Claude AI models and strong enterprise growth had recently made it a frontrunner, with a private valuation near $900 billion.

Latest articles

Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

Bradesco Shares Up, Big Test Ahead for Brazil’s Bank Rally

20 May 2026
Banco Bradesco’s preferred shares rose 3.28% to R$17.96 on Wednesday, outperforming the Ibovespa’s 2.12% gain as Brazilian bank stocks rebounded. Bradesco reported first-quarter recurring net income of R$6.8 billion, up 16.1% year-on-year, but loan-loss provisions increased 26.5% to R$9.7 billion. The Selic rate remains at 14.5% after recent cuts, with inflation expectations rising.
Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus

Norwegian Cruise Line Gains 9% as Oil Drops, Fuel Still in Focus

20 May 2026
Norwegian Cruise Line Holdings shares rose 9.2% to $16.15 Wednesday afternoon, rebounding after a four-day slide as oil prices dropped nearly 6%. Director Jose E. Cil bought 15,000 shares this week, according to an SEC filing. UBS cut its price target on the stock to $17. Norwegian recently lowered its 2026 earnings forecast and said net yield would fall 3% to 5%.
AT&T Shares Fall as Fiber Expansion, Cash Vow, Satellite Strategy Under Scrutiny

AT&T Shares Fall as Fiber Expansion, Cash Vow, Satellite Strategy Under Scrutiny

20 May 2026
AT&T shares fell 0.3% to $24.91 Wednesday, trailing a broader Wall Street rally led by chip stocks. The company reaffirmed its second-quarter free cash flow target of $4.0–$4.5 billion and plans to return over $45 billion to shareholders from 2026 to 2028. CEO John Stankey told investors fiber expansion remains a focus, with 7 million new passings expected this year.
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