๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ก๐ฒ๐๐ ๐๏ธ
๐๐น๐ฒ๐ธ๐๐ฟ๐ถ๐ณ๐ถ๐๐ถ๐ฒ๐ฟ๐๐ฒ๐ฟ ๐๐ฃ๐ข / ๐ญ๐ถ๐ป๐๐ฒ๐ป๐๐๐ฐ๐ต๐ฒ๐ถ๐ฑ๐๐ป๐ด / ๐ฅ๐ฎ๐๐ ๐ฎ๐๐ ๐ฑ๐ฒ๐ฟ ๐๐ฟ๐ถ๐๐ฒ / ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป-๐ฆ๐ฐ๐ต๐ผ๐ผ๐น๐
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Rivian - The electric vehicle startup, which is 20 percent owned by Amazon ($AMZ (+1.14%)), is seeking $8.4 billion in funding by going public. That would make it the third-largest IPO in the U.S. in the last decade. This would give Rivian a valuation of $53 billion and would be almost as big as Honda ($HDM (+2.56%)). A share is expected to cost between $57 and $62.
As recently as October, Amazon ordered 100,000 electric delivery vehicles from Rivian, which is building a brand of electric SUVs and pickups alongside that production.
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As of today, Armstrong World Industries ($91A (+1.72%)), Banco Bradesco ($BRE (-1.2%)), Banco Santander (Mexico) ($BSMX), Cambridge Bancorp ($CATC), Fomento Econรณmico Mexicano ($FOMC (-0.27%)), Hess Midstream ($HESM), Hope Bancorp. ($NRB (+3.49%)), NextEra Energy ($1NG), S&T Bancorp, Inc. ($STBA) and WSFS Financial Corporation ($WSFS (+1.27%)) traded ex-dividend.
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป ๐
Things are really busy again, so here are the main companies presenting their figures today. Today, Acerinox ($ACE1 (+3.29%)), Ansys ($AKX (+2.45%)), BMW ($BMW (+0.81%)), Geberit AG ($GBRA (+1.62%)), Klรถckner & Co ($KCO (+2.98%)), Lufthansa ($LHA (+2.32%)), Marriott International ($MAQ (+1.99%)), MetLife ($MWZ (+1.92%)), Norma Group ($NOEJ (+3.13%)), Novo Nordisk ($NOVC), Qualcomm ($QCI (+2.24%)), Raiffeisen ($RAW (+0.79%)), Teamviewer ($TMV (+0.36%)) and Zalando ($ZAL (+1.11%)) presented their figures.
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Fed - The Federal Reserve holds its interest rate meeting today, at which the U.S. central bank is likely to announce a cut in its bond-buying program. Therefore, speculation of a possible rate hike next year is already in the room.
In the run-up, the markets present themselves in a very positive mood and continue to be on a strong course. According to analyst Jochen Stanzl of CMC Markets, this monetary policy change no longer represents a supporting burden for the stock markets. The reason for this is the consistently very positive quarterly figures.
Lufthansa ($LHA (+2.32%)) - In the third quarter, Deutsche Lufthansa almost doubled its revenue and returned to operating profit since the beginning of the crisis. Revenue rose 96 percent to 5.2 billion euros in the months from July to September. Adjusted loss before interest and taxes narrowed to 17 million from 1.262 billion in the same period last year. It was a "milestone" out of the crisis, said Group CEO Carsten Spohr. The Group expects to be able to continue increasing its sales in the full year 2021.
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El Salvador - The country plans to build 20 new "Bitcoin Schools" from the surplus of El Salvador's Bitcoin Trust. After another bitcoin purchase of 420 BTC ($BTC-EUR (+0.08%)), the government currently holds 1,120 BTC in its Bitcoin Trust account. Back in mid-October, President Nayib Bukele announced spending four million US dollars from the Bitcoin trust on a new veterinary hospital.
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