𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟱.𝟬𝟱.𝟮𝟬𝟮𝟮

Hello getquinners!

I missed the opportunity to say “May the 4th be with you” yesterday 😕 but and I can’t think of a good enough pun for today, but anyway, here’s a breakdown of what’s been going on in the business world!

𝗚𝗲𝗿𝗺𝗮𝗻𝘆🇩🇪:

1. Zalando posts operating loss of 52 million euros

Europe's largest fashion online retailer Zalando is facing a strong headwind. In the first quarter, sales fell for the first time, by 1.5 percent to 2.2 billion euros, as the Berlin-based Dax group announced on Thursday. After exceptionally strong growth in the same quarter last year, gross merchandise volume rose by only one per cent to 3.2 billion euros in the first quarter of 2022.

🟥 $ZAL (-0.42%) Zalando SE, 32.77 EUR (🔽-11.79%)

Zalando: https://bit.ly/3KSkHYZ

𝗔𝘀𝗶𝗮🌏:

2. China takeover drives BMW figures

The BMW Group is drawing a billion-euro profit from the acquisition of further shares from its China joint venture. The company reports earnings before taxes of 12.7 billion euros for the first quarter, around four times as much as in the same quarter last year.

🟥 $BMW (+2.25%) BMW Group, 78.28 EUR (🔽-1.51%)

Here’s a link to the article on BMW: https://bit.ly/3sgKkwh

𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝘀🌎🌏🌍:

3. Twitter shares rise

Elon Musk has secured additional funding from investors such as Oracle co-founder Larry Ellison for his planned $44 billion purchase of Twitter. According to a US stock exchange announcement on Thursday, a total of around 7.14 billion dollars (6.8 billion euros) is to be raised.

🟩 $TWTR Twitter Inc, $50.84 (🔼 +3.54%)

Twitter’s your thing: https://bit.ly/3Fh2zHi

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

🟩 TOP, $EPAM (-1.76%) Epam Systems Inc (🔼+13.87%)

🟥 FLOP, $ETSY (-3.43%) ETSY Inc (🔽-13.95%)

🟥 Most traded, $ALV (-0.07%) Alianz (🔽-6.53%)

🟥 S&P500 (🔽-3.03%)

🟩 DAX (🔼+0.03%)

🟩 $BTC (-1.03%) Bitcoin ₿, $38,183.00 (🔽-3.75%)

Did you know that Apple’s $AAPL (+0.6%) cash and investments exceed the GDP of Finland?📈🇫🇮