Hyundai Motor is expected to report a decline in third-quarter results due to lower volumes and higher discounts. Revenues could drop 2% year-on-year, leading to a 10% dip in profitability. Analysis suggests declining margins and muted stock performance. However, future growth prospects look promising with new plant developments and an upcoming e-Creta launch, according to CLSA.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the