Today: 20 May 2026
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STO:VOLV.B 5 February 2026

Volvo Car AB stock sinks 22% as Q4 profit slumps and tariffs bite

Volvo Car AB stock sinks 22% as Q4 profit slumps and tariffs bite

Volvo Car AB shares plunged 22% to 23.05 crowns in Stockholm after fourth-quarter adjusted operating profit fell to 1.8 billion crowns, down from 5.6 billion a year earlier. Revenue dropped to 94.4 billion crowns, and gross margin slipped to 15.8%. The company cited tariffs, weak demand, and pricing pressure. Volvo warned of a challenging 2026 and flagged negative cash flow in the first half due to inventory build-up.

Stock Market Today

  • Broadcom Expands Partnership with LSEG and Aims for $100 Billion in AI Chip Revenue
    May 20, 2026, 12:03 AM EDT. Broadcom has renewed a five-year technology partnership with London Stock Exchange Group (LSEG), with LSEG selecting VMware Cloud Foundation for its private cloud infrastructure. Broadcom will provide professional services to support secure AI and cloud workloads. The company also aims for $100 billion in custom AI chip revenue by 2027, signaling strong growth in AI data center spending. Broadcom's stock (NasdaqGS:AVGO) is up 18.3% year-to-date despite a recent 2% weekly dip. The partnership highlights Broadcom's push into integrating its software and semiconductor businesses for critical financial and AI workloads, though it increases exposure to a select customer base in financial infrastructure and AI sectors.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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