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via finance.yahoo.comBusiness & Companies

Toyota sees stock upswing after raising full-year guidance

FROM THE WIRE · FINANCE.YAHOO.COM

Interactive Brokers Chief Strategist Steve Sosnick joins Pras Subramanian and Brooke DiPalma on The 8:30 to discuss how Toyota's (TM) stock is reacting after it raised its full-year profit guidance despite a drop in its fiscal Q2 profit. Video Transcript 00:00 Speaker A gas…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA guidance raise from a major automaker is relevant for the stock and the auto sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Toyota reported fiscal Q2 profit down almost 20% from a year earlier.
  2. 02The company raised its full-year guidance to 3.57 trillion yen from 3.25 trillion yen.
  3. 03A weaker yen is helping results, according to the discussion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Subaru Corporation7270.TSEStock2,883.00 JPYMarket closedtoday +9.04%Positive Toyota Motor CorporationTMStock220.05 USD+0.35%today +10.32%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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