Nissan earnings offer glimmers of hope

Nissan Motor reported a surprise profit of 51 billion yen ($338 million) for Q2, exceeding expectations and signaling cautious optimism for its turnaround. Despite a forecasted $2 billion loss for the year, sales in North America rose 6.7%, and China saw five months of growth. The company implemented over $300 million in cost savings and has $14 billion in cash and credit lines. However, shares have dropped 27% this year, and the company faces challenges ahead, including a significant equity drop.