Aptiv Plc APTV

Aptiv Plc's shares have plummeted over 11% following a revised revenue forecast that now expects full-year sales between $12.80 billion and $13.20 billion. Despite this setback, the company reported a respectable $5.09 billion in revenue for the latest quarter, a 5.4% increase year-over-year, and earnings per share that surpassed expectations. The firm is bolstered by rising orders from Chinese carmakers and growth in non-automotive sectors, while it anticipates securing over $20 billion in new business bookings by 2026.