๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ญ๐ฎ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ๐ฎ
Hello getquin,
Siemens exits Russia, SoftBank cuts investments and GM hits weekly low ๐. How was your day like? What does your portfolio say?
๐๐๐ฟ๐ผ๐ฝ๐ฎ๐:
1. Siemens leaves Russia
Siemens $SIE (-0.52%) will withdraw from the Russian market due to the war in Ukraine after operating there for 170 years. This will cost the company 600 million euros in damages in the second quarter, and it won't stop there.
๐ฅ $SIE (-0.52%) Siemens AG (๐ฝ-2.00%)
๐๐๐ถ๐ฒ๐ป๐:
2. SoftBank could cut investments in startups
According to Masayoshi Son, CEO of SoftBank. $9984 (-0.24%) , it could cut investments in startups by more than half this fiscal year. SoftBank $9984 (-0.24%) is very cautious about opportunities in private markets given the global economic slowdown and the weak performance of the Japanese conglomerate.
๐ฅ $9984 (-0.24%) SoftBank Group Corp. (๐ฝ-5.44%)
๐๐บ๐ฒ๐ฟ๐ถ๐ธ๐ฎ๐:
3rd GM stock hits new 52-week low
Following a ratings downgrade by Wells Fargo. $WFC (+0.66%) , shares of General Motors opened $GM (+0.75%) at a 52-week low and the lowest level since November 2020. With this downgrade, the price target also dropped from $74 per share to $33 per share.
๐ฅ $GM (+0.75%) General Motors Corp. (๐ฝ-3.88%)
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป๐ฃ:
1. Walt Disney Co $DIS (-0.27%)
๐ฅ EPS: $1.08 vs $1.19 expected (-9.09%)
๐ฅ Revenue: $19.25bn vs $20.04bn expected (-3.94%)
2. BT Group $BT.A (+2.54%)
๐ฆ EPS: ยฃ0.0454 vs ยฃ0.0454 expected (0% - match)
๐ฅ Revenue: ยฃ5.37bn vs ยฃ5.44bn expected (-1.31%)
๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐๐:
๐ฉ TOP, $NVAX (+0.4%) Novavax Inc (๐ผ+9.55%).
๐ฅ FLOP, $BMW (-0.38%) BMW Group (๐ฝ-7.88%)
๐ฅ Most searched, $ALV (-0.19%) Allianz SE (๐ฝ-3.32%)
๐ฅ Most traded, $TSLA (+0.75%) Tesla Inc (๐ฝ-1.13%)
๐ฅ S&P500 (๐ฝ-0.90%)
๐ฅ DAX (๐ฝ-0.64%)
๐ฉ $BTC (+0.83%) Bitcoin โฟ, $29,074.10 (๐ผ+0.29%)
Time: 17:45 CEST
Did you know that the United Staaten๐บ๐ธ accounts for 54.5% of the world's stock market capitalization?
