Toyota just had its best day in nearly 40 years. 📈
Shares jumped nearly 17% on Thursday after the world's biggest carmaker raised its annual profit outlook — powered by a weak yen and strong US demand for hybrids. Last quarter's profit surged 34% year-on-year.
While tech stocks tumbled in a global rout, Toyota's rally even lifted Japan's Topix index 1%.
#Toyota #Stocks #Japan #StockMarket #Investing #Finance #Zimbuck
Shares jumped nearly 17% on Thursday after the world's biggest carmaker raised its annual profit outlook — powered by a weak yen and strong US demand for hybrids. Last quarter's profit surged 34% year-on-year.
While tech stocks tumbled in a global rout, Toyota's rally even lifted Japan's Topix index 1%.
#Toyota #Stocks #Japan #StockMarket #Investing #Finance #Zimbuck
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