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๐—ด๐—ฒ๐˜๐—พ๐˜‚๐—ถ๐—ป ๐——๐—ฎ๐—ถ๐—น๐˜† ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿญ๐Ÿฎ.๐Ÿฌ๐Ÿฑ.๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ


Hello getquin,


Siemens exits Russia, SoftBank cuts investments and GM hits weekly low ๐Ÿ“‰. How was your day like? What does your portfolio say?


๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฎ๐ŸŒ:


1. Siemens leaves Russia


Siemens $SIE (-0.29%) 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.


๐ŸŸฅ $SIE (-0.29%) Siemens AG (๐Ÿ”ฝ-2.00%)


https://reut.rs/3svl8lE


๐—”๐˜€๐—ถ๐—ฒ๐—ป๐ŸŒ:


2. SoftBank could cut investments in startups


According to Masayoshi Son, CEO of SoftBank. $9984 (-3.53%) , it could cut investments in startups by more than half this fiscal year. SoftBank $9984 (-3.53%) is very cautious about opportunities in private markets given the global economic slowdown and the weak performance of the Japanese conglomerate.


๐ŸŸฅ $9984 (-3.53%) SoftBank Group Corp. (๐Ÿ”ฝ-5.44%)


https://tcrn.ch/3FEKHX8


๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ธ๐—ฎ๐ŸŒŽ:


3rd GM stock hits new 52-week low


Following a ratings downgrade by Wells Fargo. $WFC (+1.26%) , shares of General Motors opened $GM (+1.81%) 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.


๐ŸŸฅ $GM (+1.81%) General Motors Corp. (๐Ÿ”ฝ-3.88%)


https://reut.rs/3L4mhax


๐—ค๐˜‚๐—ฎ๐—ฟ๐˜๐—ฎ๐—น๐˜€๐˜‡๐—ฎ๐—ต๐—น๐—ฒ๐—ป๐Ÿ—ฃ:


1. Walt Disney Co $DIS (-0.24%)


๐ŸŸฅ EPS: $1.08 vs $1.19 expected (-9.09%)

๐ŸŸฅ Revenue: $19.25bn vs $20.04bn expected (-3.94%)


2. BT Group $BT.A (-2.76%)


๐ŸŸฆ EPS: ยฃ0.0454 vs ยฃ0.0454 expected (0% - match)

๐ŸŸฅ Revenue: ยฃ5.37bn vs ยฃ5.44bn expected (-1.31%)


๐—ฆ๐˜๐—ผ๐—ฐ๐—ธ๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฎ๐˜†๐Ÿ””:


๐ŸŸฉ TOP, $NVAX (-0.36%) Novavax Inc (๐Ÿ”ผ+9.55%).

๐ŸŸฅ FLOP, $BMW (+0.87%) BMW Group (๐Ÿ”ฝ-7.88%)

๐ŸŸฅ Most searched, $ALV (-0.66%) Allianz SE (๐Ÿ”ฝ-3.32%)

๐ŸŸฅ Most traded, $TSLA (-4.58%) Tesla Inc (๐Ÿ”ฝ-1.13%)

๐ŸŸฅ S&P500 (๐Ÿ”ฝ-0.90%)

๐ŸŸฅ DAX (๐Ÿ”ฝ-0.64%)

๐ŸŸฉ $BTC (-2.56%) Bitcoin โ‚ฟ, $29,074.10 (๐Ÿ”ผ+0.29%)


Time: 17:45 CEST


Did you know that the United Staaten๐Ÿ‡บ๐Ÿ‡ธ accounts for 54.5% of the world's stock market capitalization?

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