Nissan Motor has lowered its full-year sales forecast for the fiscal year ending March 2027 to between 2.97 million and 3 million vehicles due to weakening demand and rapid shifts to electric vehicles in China. To counter intense competition, Nissan plans to expand exports of vehicles developed specifically for Chinese consumers from two models to five, targeting 12 regional markets. Despite the sales cut, Nissan maintains its operating profit and cash flow guidance, while continuing a global restructuring plan to reduce manufacturing and workforce costs. The company reported a 96% drop in Q2 operating profit, mainly due to the loss of previous U.S. emissions cost benefits, but revenue grew 8.2% year-on-year.
Nissan CEO's strategy against Chinese competitors comes as a backdrop to today's Consumer Cyclical sector trading on Pluang. For readers following this sector, here is Pluang's market snapshot as of Nov 11, 2026 13:51 WIB: of 134 priced US stocks, 65 rose and 63 fell. Notable movers include NEGG at USD 8.52 with a 1-day change of -4.38% and Pluang order activity showing 37% Sell / 63% Buy, FIGS at USD 22.52 up 4.36% with 68% Sell / 32% Buy, and DKNG at USD 19.50 up 4.28% with 100% Sell / 0% Buy.
Dimensional Fund Advisors Ltd. has filed a Form 8.3 disclosure revealing it holds a 1.27% stake in Prologis Inc, totaling 12,054,886 shares as of November 10, 2026. This disclosure is part of regulatory requirements under the Takeover Code, indicatin...
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Novo Nordisk has committed $200 million to the World Diabetes Foundation for 2027–2036 to enhance diabetes prevention and care in low- and middle-income countries. This funding aims to improve equitable access to diabetes services in underserved comm...
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Anthropic, an AI company, is reserving up to 20% of its initial public offering (IPO) shares specifically for retail investors. This allocation is significantly higher than the typical 5% to 10% usually offered to individual investors in IPOs. By doi...
