ASML Profit Surges as Volvo Raises Forecast Despite Trump Tariffs
ASML reported a profit of €2.84B following a massive surge in orders while Volvo raised its 2026 truck market forecasts despite ongoing pressure from Trump tariffs.Volvo recorded a fourth-quarter operating profit of 12.8B kr, surpassing analyst expectations even as total revenue fell by 11 percent.Shares in the Swedish manufacturer rose more than 2 percent after the company projected growth in North America and Europe despite a reduced dividend payout of 13 kr.
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