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STO:VOLCAR.B 23 October 2025

Stock Shock: Volvo Cars Surges 40% on Profit Beat, Ford’s Wild Ride Continues

Stock Shock: Volvo Cars Surges 40% on Profit Beat, Ford’s Wild Ride Continues

Volvo Cars shares soared 38.1% to SEK 31.41 on Oct. 23, the biggest jump since its 2021 IPO, after Q3 core EBIT beat forecasts by over SEK 4B. Ford closed near $12.34, down 0.7%, despite Q3 sales of $50.5B and EPS of $0.45. Ford maintains a $0.15 dividend; Volvo is resuming payouts. Ford faces EV losses and layoffs, while Volvo accelerates cost cuts and electrification.
23 October 2025

Stock Market Today

  • European Markets Edge Lower as Middle East Conflict Fuels Oil Prices and Market Nervousness
    March 20, 2026, 4:34 PM EDT. European stocks are set to close the week lower amid sustained tensions in the Middle East. Brent crude oil rose 0.5% to $108.17 while WTI crude increased 0.3% to $94.93 as concerns linger over Iran's control of the Strait of Hormuz. The U.S. dollar strengthened slightly with USD/JPY up 0.5%, and the euro weakened by 0.2% amid speculation of ECB rate hikes. S&P 500 futures fell 0.3%, reflecting growing investor caution despite a late Wall Street rebound. Bond yields climbed, with the 10-year UK gilt reaching a 15-year high of 4.93% and U.S. Treasuries up to 4.30%. Gold edged up 0.3%, while silver dropped 1%, showing mixed reactions in precious metals. Markets remain on edge, bracing for more volatility as geopolitical risks persist.
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