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AB Electrolux (publ) (ELUXY)
| Previous Close | 23.17 |
| Open | 23.21 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 23.05 - 23.21 |
| 52 Week Range | 20.01 - 34.64 |
| Volume | |
| Avg. Volume | 9,446 |
| Market Cap | 3.127B |
| Beta (5Y Monthly) | 1.20 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.51 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.80 (7.80%) |
| Ex-Dividend Date | Sep 29, 2022 |
| 1y Target Est | 29.06 |
- Reuters
WRAPUP 1-Tesla, ABB, TSMC get Q2 earnings off to downbeat start
ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales and Electrolux cautioned shoppers are seeking cheaper appliances, deepening worries about global corporate and economic health. The news cast a pall over stocks as second-quarter earnings season ramps up. ABB said its orders in China, its second-biggest market, fell 9% in the three months to the end of June, with its electrification, motion and robotics divisions all seeing lower demand.
ReutersTesla, ABB, TSMC get Q2 earnings off to downbeat start
ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales and Electrolux cautioned shoppers are seeking cheaper appliances, deepening worries about global corporate and economic health. The news cast a pall over stocks as second-quarter earnings season ramps up. The comments will unsettle investors, who had hoped that Beijing's decision to abandon strict and prolonged COVID curbs at the end of last year would revive the world's second-biggest economy.
- Yahoo Finance Video
Household cooling demand may increase 71% by 2050: Climate Central
With temperatures rising throughout the United States, the demand for cooling will rise as well. Climate Central predicts household cooling demand will rise 71% by the year 2050. Yahoo Finance's Jared Blikre breaks down how this will impact the air conditioning market.
