๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐ฑ๐ฎ๐ถ๐น๐ ๐ฌ๐ฐ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ๐ฎ
Hello getquinners!
Plenty of stuff going on today, and this week in general. Hereโs a snapshot of what went on in the markets and beyond!
๐๐ฒ๐ฟ๐บ๐ฎ๐ป๐๐ฉ๐ช:
1. Meta faces years of competition supervision in Germany
Meta $FB (+0.15%) is the next tech giant to fall under a special competition abuse control regime in Germany. Regulators are now empowered to take faster action against competition concerns linked to Metaโs operations. According to said regulators, Meta $FB (+0.15%) have not sought to appeal the designation, but Meta themselves say they disagree with some of the findings.
๐ฅ $FB (+0.15%) Meta Platforms Inc, $207.66 (๐ฝ-2.06%)
Article: https://tcrn.ch/3sdzrLP
๐๐๐ฟ๐ผ๐ฝ๐ฒ๐:
2. EU proposes ban on Russian oil
The European Union is set to unveil its toughest sanction yet on Russian oil. Oil prices have jumped as a result of this. Plans are to phase out Russian rude within six months and refined products by the end of the calendar year.
๐ฉ Oil (Brent Crude), $108.83/barrel (๐ผ+3.68%)
More details on the sanctions: https://reut.rs/3LI86sB
๐๐บ๐ฒ๐ฟ๐ถ๐ฐ๐ฎ๐๐:
3. Twitter could become paid for businesses and governments
Tech billionaire, Tesla $TSLA (+4.29%) CEO, and soon to be Twitter $TWTR owner has said that businesses and governments may have to pay to use Twitter. It remains unclear how and how much they would be charged, and whether certain groups, such as non-profits and journalists would be exempt from these fees. However, it will remain free for โcasual usersโ
๐ฅ $TWTR Twitter Inc, $48.65 (๐ฝ-0.41%)
Interested in his plans? Read more: https://cnb.cx/3w7g4VX
๐๐ฎ๐ฟ๐ป๐ถ๐ป๐ด๐ ๐๐ฎ๐น๐น๐๐ฃ:
1. Airbnb
๐ฉย Loss per share: -$0.01 vs $0.24 expected (+94.23%)
๐ฉย Revenue: $1.51bn vs $1.45bn expected (+3.89%)
Airbnb $ABNB (+3.67%) expects a strong summer following many restrictions worldwide being lifted. Revenues in the first quarter were 70% higher than Q1โ21, despite lingering pandemic concerns, โmacroeconomic headwindsโ and the war in Ukraine, the company said.
2. Starbucks
๐ฅย Earnings per share: $0.59 vs $0.60 expected (-0.88%)
๐ฉย Revenue: $7.64bn vs $7.60bn expected (+0.44%)
Starbucks $SBUX (+3.28%) suspended its outlook for fiscal 2022 due to Covid lockdowns in China, where same-store sales sank 23% in the quarter, however their revenues topped Wall Streetโs estimates nevertheless.
3. Uber
๐ฉย Loss per share: -$0.10 vs -$0.11 expected (+15.79%)
๐ฉย Revenue: $6.85bn vs $6.10bn expected (+12.31%)
Uber $UBER (+3.37%) reported surging revenue, as they recover from their pandemic lows. Both mobility and delivery revenues soared, while mobility revenues finally surpassed delivery revenues (Uber Eats). Despite this, they reported a loss, primarily due to equity investments in Grab, Aurora and Didi.
4. Moderna
๐ฉย Earnings per share: $8.58 vs $5.21 expected (+64.68%)
๐ฉย Revenue: $6.07bn vs $4.62bn expected (+12.31%)
Both Q1 2022 sales and net income increased threefold increase over the same period last year for the biotech company, Moderna $MRNA (+8.19%) . Shares soared by more than 7% in premarket trading today.
๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
๐ฉย TOP, $SBUX (+3.28%) Starbucks Corp (๐ผ+5.45%)
๐ฅ FLOP, $AKAM (+2.32%) Akamai Technologies Inc (๐ฝ-11.96%)
๐ฉ Most searched, $BAS (+1.22%) BASF SE (๐ผ+3.38%)
๐ฉย Most traded, $BAS (+1.22%) BASF SE (๐ผ+3.38%)
๐ฅ S&P500 (๐ฝ-0.42%)
๐ฅ DAX (๐ฝ-0.17%)
๐ฉ $BTC (-0.03%) Bitcoin โฟ, $38,775.00 (๐ผ+2.79%)
Time: 17:00 CEST
Did you know that if you bought $100 worth of shares in Microsoft in 1986, it would be worth roughly $46,400 today?
