Market (@MarketNewsUpdateINT) on getquin

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟮𝟰.𝟬𝟱.𝟮𝟬𝟮𝟮

Hello getquin!

Another survey, and another opportunity to win something!

https://m6q2hlakjib.typeform.com/to/Mo0E1uv4

𝗘𝘂𝗿𝗼𝗽𝗲 🌍:

1. Spain proposes itself as the answer to Europe’s Russian energy problem

Spanish Prime Minister Pedro Sanchez has said that his country - and southern Europe more broadly - could provide an answer to the shortage of gas supplies from Russia. Sanchez highlighted that Spain provides 37% of the European Union's total regasification capacity - where liquefied natural gas is converted back into the final product, natural gas. The issue of energy security - and rising energy prices - is at the heart of the political debate in Spain.

🟩 $EWP (+1.35%) iShares MSCI Spain ETF (🔼+3.15%)

𝗔𝘀𝗶𝗮🌏:

2. Airbnb to terminate its China business

Airbnb $ABNB (+2.42%) will shut down its domestic business in China. With this, another Western tech giant is partially withdrawing from the country. Like most of its competitors, the home-sharing titan is shifting its focus to overseas business in China. The American company had high hopes when it entered China in 2016. It was once a popular choice for foreign tourists and Western-educated Chinese travelling the country. Over the years, Airbnb $ABNB (+2.42%) has faced increasing competition from domestic rivals such as Tujia.

🟥 $ABNB (+2.42%) Airbnb Inc (🔽-6.32%)

Article: https://tcrn.ch/38OTR7b

𝗔𝗺𝗲𝗿𝗶𝗰𝗮🌎:

3. Bolsonaro fires Petrobras CEO

Brazil’s president, Jair Bolsonaro has fired the CEO of oil producer Petrobras $PETR4 (+0.37%) , who is his second victim in two months. This comes after the company refused to sell fuel at a discount to consumers, warning of potential diesel shortages. Bolsonaro has also called for the election of a new board. Despite private investors owning more than 60% of the Petróleo Brasileiro $PETR4 (+0.37%) , the Brazilian government controls the company.

🟥 $PETR4 (+0.37%) Petróleo Brasileiro SA (🔽-3.12%)

Article: https://reut.rs/3Gbj486

𝗘𝗮𝗿𝗻𝗶𝗻𝗴 𝗰𝗮𝗹𝗹𝘀🗣:

1. Zoom $ZM (-3.76%)

Zoom, the video conferencing service, exceeded expectations at the beginning of the year and delighted investors with an optimistic outlook.

🟩 EPS: $0.87 expected vs $1.03 reported; (+17.91%)

🟦 Revenues: $1.07bn expected vs $1.07bn reported (+0.05%)

Source: https://cnb.cx/3PFvycn

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆🔔:

🟩 TOP, $2333 (-0.5%) Great Wall Motor Co (🔼+5.08%)

🟥 FLOP, $FB (-0.24%) Meta Platforms Inc (🔽-9.48%)

🟥 Most traded, $TSLA (-3.41%) Tesla Inc (🔽-5.35%)