Economy on 01.11.2023...

FED today and also Paypal publishes the numbers!⤵️

On it goes into November. This starts today immediately with very important events. The FED decides on the next interest rate period. Will it remain as it is or will be further increased? It was said in many interviews, that there will be further increases this year, as one continues to target the mark of 2% inflation and the way is still very far. Also the share, about which one surely in 2023 most spoke, supplies today the numbers. The speech is of course from Paypal. These numbers come today after-hours.

Let's look at the numbers, the last 2 days:

$MCD
McDonald's Corp. exceeded analyst estimates of $3.00 in the third quarter with earnings per share of $3.17. Revenue of $6.69 billion exceeded expectations of $6.56 billion, meaning that revenue increased by 17.6% and profit by 6.3%.

$AMD
AMD beat analyst estimates of $0.68 in the third quarter with earnings per share of $0.70. Revenue of $5.8 billion beat expectations of $5.7 billion.

$PFIZER
Pfizer Inc. misses analyst estimates of -$0.08 in the third quarter with earnings per share of -$0.17. Revenue of $13.2 billion below expectations of $13.33 billion.

$CAT
Caterpillar Inc. third-quarter earnings per share of $5.52 beat analyst estimates of $4.80. Revenue of $16.8 billion exceeded expectations of $16.56 billion.

$JKS
Jinkosolar shipped 22.597 megawatts (MW) of total capacity in the third quarter of 2023, up 108.2% from the year-ago quarter and up 21.4% from the second quarter of 2023. Revenue improved 63.1% year over year to $4.36 billion. Compared to the previous quarter, this was an increase of 3.7%. Gross margin climbed significantly to 19.3%. In the prior-year period, it was only 15.7%, and in the previous quarter it was even slightly lower at 15.6%. Net profit jumped up to USD 181.4 million, which corresponds to USD 2.53 per ADS share.

$FSLR
First Solar beat analyst estimates of $2.05 in the third quarter with earnings per share of $2.50. Revenue of $801 million below expectations of $904.11 million.

$CZR
Caesars Entertainment third-quarter earnings per share of $0.34 beat analyst estimates of $0.28. Revenue of $3 billion exceeded expectations of $2.94 billion.

Here's what the trading day looks like in incremental terms:

Stock Exchange Holiday Austria

Economic data

13:15

• US: ADP Labor Market Report October Employment Private Sector PROGNOSIS: +130,000 jobs previously: + 89,000 jobs

14:45

• US: Purchasing Managers' Index/PMI Manufacturing (2nd release) October PROGNOSED: 50.0 1st release: 50.0 previously: 49.8

15:00

• US: Construction spending September PROGNOSIS: +0.4% yoy previous: +0.5% yoy
• US: ISM manufacturing index October PROGNOSIS: 49.2 points previously: 49.0 points

15:30

• US: Crude oil inventories data (week) from the government Energy Information Administration (EIA)

19:00

• US: Fed, outcome of FOMC meeting Fed funds target rate PROGNOSED: 5.25% to 5.50% previously: 5.25% to 5.50%

19:30

• US: Fed PK with Fed Chairman Powell

ex-dividend individual stocks

ASML 1.45 EUR

CAMBRIDGE BANCORP 0.6333 EUR

FRANKLIN ELECTRIC 0.2126 EUR

HESS MIDSTREAM 0.5836 EUR

INDEPENDENT BANK GROUP 0.3591 EUR

Quarterly figures / Company dates USA / Asia

06:25 Toyota quarterly figures

13:00 Dupont | Kraft Heinz quarterly figures

21:00 Qualcomm | Mondelez quarterly figures

21:05 Airbnb | Altice quarterly figures

21:15 Paypal | Costco Wholesale | Allstate quarterly figures

No time stated: Electronic Arts | American International Group| Edison International | Avis Budget | Etsy | The Allstate quarterly figures

Quarterly Figures / Company Dates Europe

08:00 GSK plc quarterly figures

09:30 Aston Martin quarterly figures

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#dax
#inflation
#dividende
#paypal
#airbnb
#qualcomm
#kraftheinz
#mondelez
#etsy

Economy on 03.11.2023...

Yesterday there was a flood of numbers. Let's see ⤵️

During the day and after-hours, some quarterly figures came in yesterday. I am curious to see how the market reacts to these. Since yesterday was generally a good day, which came but certainly more by the FED call, could today on the positive numbers also times a few profit-taking occur. Later we will know more:

$AAPL
Apple beat analyst estimates of $1.39 in the fourth quarter with earnings per share of $1.46. Revenue of $89.5 billion exceeded expectations of $89.34 billion.

• Apple iPhone sales in the fourth quarter at $43.8 billion (consensus $43.4 billion, year ago $42.6 billion).
• Apple service revenue in the fourth quarter at $22.3 billion (consensus $21.6 billion, prior year $19.2 billion).
• Apple Mac revenue in the fourth quarter at $7.6 billion (consensus 8.8 billion, previous year 11.5 billion).
• Apple iPad revenue in the fourth quarter at $6.4 billion (consensus 5.9 billion, previous year 7.2 billion).

Apple expects first-quarter revenue to be similar to the year-ago quarter (117.2 billion), which would be below the current consensus (123.3 billion).

In the conference call Apple announced that they have one billion subscriptions across all services and that 66% of all students use a Mac.

$NOVO B
Novo Nordisk posted Q1-3 revenue of DKK 166.39bn (PY: DKK 128.86bn), Ebit of DKK 75.80bn (PY: DKK 57.72bn) and net income of DKK 61.72bn (PY: DKK 41.93bn). On October 13, the outlook for 2023 was raised, with revenue and operating profit growth at constant exchange rates now expected to be 32-38% and 40-46%, respectively. Sales and operating profit growth in Danish kroner are now expected to be 4 and 7 percentage points lower, respectively, than at constant exchange rates.

$SQ
Block third-quarter earnings per share of $0.55 beat analyst estimates of $0.47. Revenue of $5.62 billion exceeded expectations of $5.42 billion.

$PLTR
Palantir Technologies Inc. registered shares o.N. third-quarter earnings per share of $0.07 beat analyst estimates of $0.06. Revenue of $558 million exceeded expectations of $555.71 million.

$SHOP
Shopify Inc. beat analyst estimates of $0.14 with third-quarter earnings per share of $0.24. Revenue of $1.7 billion beat expectations of $1.67 billion.

$SBUX
Starbucks Corp. beat fourth-quarter analyst estimates of $0.97 with earnings per share of $1.06. Revenue of $9.4 billion beat expectations of $9.29 billion.

$NET
Cloudflare Inc. beat analyst estimates of $0, 10 in the third quarter with earnings per share of $0.16. Revenue of $335.6 million beat expectations of $330.51 million.

$COIN
Coinbase Global beats third-quarter analyst estimates of -$0.55 with earnings per share of -$0.01. Revenue of $674, 15 million beats expectations of $650.97 million.

$LHA
Lufthansa posts Q3 revenue of €10.27 billion (PY: €9.53 billion, analyst forecast: €10.84 billion), Ebit (adjusted) of €1.46 billion (PY: €1.12 billion, forecast: €1.43 billion), adjusted cash flow of €592 million (forecast: €677 million) and net profit of €1.19 billion (PY: €809 million, forecast: €1.03 billion). In the outlook for 2023, management continues to expect Ebit (adjusted) of at least €2.6 billion (forecast: €2.68 billion) and confirms the targets for 2024.

$BOSS
HUGO BOSS achieved sales of €1.03 billion in the 3rd quarter (PY: €933 million, analyst forecast: €1.02 billion), EBIT of €103 million (PY: €92 million, forecast: €100.5 million) and net income of €63 million (PY: €58 million, forecast: €65.9 million). Outlook for 2023 confirmed

Overview of the last trading day of the week:

Japan stock exchange holiday | shortened stock exchange trading Sweden (until 1 p.m.)

Economic data

08:00

• DE: Trade balance September Trade balance calendar and seasonally adjusted PROGNOSE: +15.2 bn euro previous: +16.6 bn euro Exports PROGNOSE: -2.0% yoy previous: -1.2% yoy Imports PROGNOSE: -1.3% yoy previous: -0.4% yoy

08:45

• FR: Industrial Production October PROGNOSE: +0.2% yoy previous: -0.3% yoy

11:00

• EU: Labor market data September Eurozone unemployment rate PROGNOSE: 6.5% previously: 6.4%

13:30

• US: Labor Market Data October Employment ex Agriculture PROGNOSE: +170,000 yoy previous: +336,000 yoy Unemployment rate PROGNOSE: 3.8% previous: 3.8% Average hourly earnings PROGNOSE: +0.3% yoy/+4.0% yoy previous: +0.2% yoy/+4.2% yoy

14:45

• US: Purchasing Managers' Index/PMI Service (2nd release) October PROGNOSIS: 50.9 1st release: 50.9 previous: 50.1

15:00

• US: ISM non-manufacturing index October PROGNOSIS: 53.0 points previously: 53.6 points

17:00

• US: Fed Minneapolis President Kashkari (2023 FOMC voting member) to participate in Econ Club of Minnesota leadership circle discussion

Without time

• DE: German Finance Minister Lindner, trip to Latvia, Estonia and Lithuania
• UK: German Economics Minister Habeck, talks on UK-German energy cooperation, London
• EU: Rating review for Denmark (Fitch); Norway (Moody's); Romania (Moody's); Switzerland (Fitch);

ex-dividend of individual stocks

PEOPLES BANCORP INC 0.3672 EUR

UNITED STATES STEEL CORPORATION 0.047 EUR

Quarterly figures / Corporate dates Europe

06:30 Societe Generale quarterly figures

07:00 BMW | Kontron | Swiss Re | Krones | Vonovia | Raiffeisen Bank International quarterly figures

08:00 A.P. Moeller-Maersk quarterly figures

09:00 Adecco Investor Day in London

10:00 BMW PK (2 p.m. analyst conference)

13:00 Intesa Sanpaolo quarterly figures

No time stated: Solvay quarterly figures

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#dax
#inflation
#dividende
#paypal
#airbnb
#qualcomm
#kraftheinz
#mondelez
#etsy
#apple
#starbucks
#lufthansa
#hugoboss
#bookingholdings
#bookingcom

Economy on 16.02.2023...

Catch up on yesterday's quarterly figures and mehr⤵️

WoW, what a rise in the crypto sector. New course high and a lot of pressure in the market. Bitcoin now just before 25,000$. How sustainable that is, we will see in the direction of the weekend. Yesterday there were also some interesting quarterly figures, which I then no longer brought in the evening and still want to briefly go into it before I post the economic data. Here, especially Cisco has really surprised me. there I am also invested for many years and the investment looked very restrained for a long time. Now it is with a kawum, turned into the plus. What else was there:

$KHC
Kraft Heinz Co. The:

Beat analyst estimates of $0.78 in the fourth quarter with earnings per share of $0.85. Revenue of $7.38 billion beat expectations of $7.24 billion.

$CSCO
Cisco Systems:

Beat analyst estimates of $0.85 in the second quarter with earnings per share of $0.88. Revenue of $13.6 billion beat expectations of $13.41 billion.

Cisco turned after-hours to the top of over 10% in the plus and then closed the day with +6%. Currently, it is going down again a bit in pre-market. Let's see where Cisco catches and how sustainable this rise was. That here now a pair of gains are taken from the table, is not unusual. And now it goes on into the new trading day:

Economic data (shortened version)

08:00

• DE: Employment 4Q

10:00

• EU: ECB, Economic Report

14:30

• US: Housing Starts/Permits January Housing Starts PROGNOSE: -2.3% yoy previous: -1.4% yoy Building Permits PROGNOSE: +1.5% yoy previous: -1.6% yoy
• US: Initial jobless claims (week) PROGNOSE: 200,000 previously: 196,000
• US: Producer prices January PROGNOSE: +0.4% yoy previous: -0.5% yoy Core rate (excluding food and energy) PROGNOSE: +0.3% yoy previous: +0.1% yoy
• US: Philadelphia Fed Index February PROGNOSIS: -7.8 previously: -8.9

Quarterly figures / Company dates USA / Asia

18:00 Snap Inc. Investor Day

Quarterly figures / Company dates Europe

05:15 Standard Chartered quarterly results

06:30 Airbus detailed annual results

07:00 Commerzbank, Hella, Renault, DSM

07:15 Nestle, Air Liquide annual results

07:30 Pernod-Ricard, Schneider Electric, Orange

08:00 DFV German Family Insurance

80:00 Jost Werke, Repsol, Relx plc

10:00 Aurubis, Infineon AGM

18:30 Imerys annual figures

No time stated: Va-Q-Tec: Deadline (midnight) for takeover by EQT Private Equity

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#cisco
#kraftheinz
#snap
#airbus
#nestle
#airliquide
#infineon

Economy on 02.11.2023...

The day after FED! Paypal and Qualcomm delivers Zahlen⤵️

Yesterday it was then again so far. The Fed has announced that the interest rates currently remain stable and will not be further increased for the time being. But they also said that they now want to think again from meeting to meeting and reassess each time. The goal with the 2% inflation, remains further the goal.

19:00 - The Fed leaves the key interest rate as expected in the range of 5.25-5.5 percent.

19:40 - Fed Chairman Powell calls monetary policy "restrictive." He says the effects of tightening have not yet fully filtered through to the economy.

8:15 p.m. - Powell: Wage growth has cooled significantly over the last 18 months. I don't think wages are a primary driver of inflation.

8:30 pm - Markets are not buying Powell's view that the outcome of the December meeting remains wide open, and are largely pricing out a possible rate hike. According to STIRs, the probability is now only about 17 percent, down from 21 percent before the rate decision and 29 percent yesterday.

So interviews, by the members of the FED, would again speak out for interest rate hikes, the markets again tremble. This has happened in the past more often and it was thought that there could be further increases this year. Now the market is probably pricing this out....

Let's look at the most important quarterly figures from yesterday. There were again a few important ones:

$PYPL
PayPal Holdings beat analyst estimates of $1.23 in the third quarter with earnings per share of $1.30. Revenue of $7.42 billion above expectations of $7.38 billion.Revenue is up, but margins are down a bit again and so is the number of active users. So I value these numbers, very mixed, but also believe that you have reached the bottom there now as well. The numbers are now not so bad that it would justify another wave of sales.

$QCOM
Qualcomm exceeds analyst estimates of $1.91 in the fourth quarter with earnings per share of $2.02. Sales of $8.67 billion above expectations of $8.51 billion.

$SEDG
SolarEdge Technologies misses analyst estimates of $0.83 in the third quarter with earnings per share of $0.55. Revenue of $725.31 million below expectations of $769.19 million.

$KHC
Kraft Heinz Co. the third-quarter earnings per share of $0.72 beat analyst estimates of $0.66. Revenue of $6.57 billion below expectations of $6.72 billion.

$ETSY
Etsy beat analyst estimates of $0.50 in the third quarter with earnings per share of $0.64. Revenue of $636.3 million exceeded expectations of $631.27 million.

$CVS
CVS Health Corp. third-quarter earnings per share of $2.21 beat analyst estimates of $2.13. Revenue of $89.76 billion exceeded expectations of $88.29 billion.

And today we continue with exciting numbers. Let's take a step-by-step look at the trading day:

Economic Data

08:00

• DE: Employment September

08:30

• CH: Consumer Prices October Forecast: +0.1% yoy/+1.7% yoy Previously: -0.1% yoy/+1.7% yoy

09:45

• IT: Purchasing Managers' Index/PMI Manufacturing October Forecast: 46.3 Previous: 46.8

09:50

• FR: Purchasing Managers' Index/PMI Manufacturing (2nd release) October Forecast: 46.3 1st release: 42.6 Previous: 46.8

09:55

• DE: Labor Market Data October Unemployment Rate seasonally adjusted Forecast: +15,000 yoy Previous: +10,000 yoy Unemployment Rate seasonally adjusted Forecast: 5.8% Previous: 5.7%

09:55

• DE: Purchasing Managers' Index/PMI Manufacturing (2nd release) October Forecast: 40.7 Previous: 39.6

10:00

• EU: Purchasing Managers' Index/PMI Manufacturing Eurozone (2nd release) October Forecast: 43.0 Previously: 43.4

10:30

• UK: Purchasing Managers' Index/PMI Manufacturing (2nd release) October Forecast: n/a 1st release: 45.2 Previous: 44.3

13:00

• UK: BoE, Outcome and Minutes of the Monetary Policy Council Meeting and Monetary Policy Report Bank Rate Forecast: 5.25% Previous: 5.25%

13:30

• US: Initial jobless claims (week) Forecast: 214,000 Previous: 210,000
• US: Productivity ex agriculture (1st release) 3Q Annualized +4.3% yoy 2Q: +3.5% yoy Unit labor costs +0.7% yoy 2Q: +2.2% yoy

15:00

• US: Industrial new orders September Forecast: +2.5% yoy Previous: +1.2% yoy

ex-dividend individual stocks

RENISHAW PLC 0.6833 EUR

Quarterly figures / Company dates USA / Asia

12:00 $SBUX
Starbucks annual results

13:00 Conocophillips quarterly figures

13:30 Eli Lilly quarterly figures

14:00 Intercontinental Exchange Group quarterly figures

21:00 $BKNG
Booking Holdings

22:00 Expedia Group quarterly figures

21:30 $AAPL
Apple annual results

Quarterly figures / Company dates Europe

06:45 Adecco quarterly figures

07:00 Deutsche Lufthansa | Fresenius SE

07:00 Axa | ING Groep Quarterly Figures

07:30 Hugo Boss | Scout24 | Novo Nordisk

07:30 Andritz | Bike24 | Cliq Digital | Drägerwerk

07:30 Pfeiffer Vacuum | SGL Carbon Quarterly Figures

07:55 PVA TePla Quarterly Figures

08:00 Deutsche Beteiligungs AG| Verbund | BT Group

08:00 Shell | Washtec Quarterly Figures

08:00 DE: Employment September

09:00 Zalando PK on quarterly figures

(09:30 Analyst conference)

11:00 Heidelberg Materials quarterly figures

(14:00 analyst conference)

14:00 Ferrari quarterly figures

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#dax
#inflation
#dividende
#paypal
#airbnb
#qualcomm
#kraftheinz
#mondelez
#etsy
#apple
#starbucks
#lufthansa
#hugoboss
#bookingholdings
#bookingcom

Economy on 15.02.2023...

The flood of numbers continues. Now comes EU dazu⤵️

Yesterday there were again some numbers and also the US consumer prices. I have reported in the evening in this article:

https://app.getquin.com/activity/eZPVwdSzlY?lang=de&utm_source=sharing

Today also come again many numbers and data. The market is just somewhat difficult to assess. One has the feeling that is waiting for something.

I currently continue to feel very comfortable passively on the sidelines and will continue to keep the cash high. Nobody forces you to invest too early. I am invested and take in any case the way up and the way down, I stand ready with cash. Plan also still the one or other partial sale, to take some pressure from the depot and from the partly high increases, to take some profit. Here I have for example my MüRück in view. There also come soon the figures. Let's see what will happen today:

Economic data (abbreviated version)

08:00

• UK: Consumer Prices January PROGNOSIS: -0.3% yoy/+10.3% yoy previously: +0.4% yoy/+10.5% yoy

11:00

• EU: Industrial production December Eurozone PROGNOSIS: -0.6% yoy/-0.7% yoy previously: +1.0% yoy/+2.0% yoy
• EU: Trade Balance December

14:30

• US: Retail sales January PROGNOSIS: +1.9% yoy previous: -1.1% yoy Retail sales ex motor vehicles PROGNOSIS: +0.9% yoy previous: -1.1% yoy
• US: Empire State Manufacturing Index February PROGNOSIS: -20.3 previous: -32.9

15:00

• EU: ECB President Lagarde, participation in plenary debate in the European Parliament on ECB Annual Report 2021, Brussels

15:15

• US: Industrial Production and Capacity Utilization January Industrial Production PROGNOSE: +0.4% yoy previous: -0.7% yoy Capacity utilization PROGNOSE: 79.0% previous: 78.8%

16:00

• US: December inventories PROGNOSE: +0.3% yoy previous: +0.4% yoy

16:30

• US: Crude oil inventory data (week) from the government's Energy Information Administration (EIA).

Untimed:

• BE: Conclusion of two-day meeting of NATO defense ministers.
• EU: European Parliament, meeting to mark upcoming first anniversary of Russian invasion of Ukraine
• EU: Entry into force of wholesale gas price cap

Quarterly figures / Company dates USA / Asia

13:00 Kraft Heinz quarterly figures

22:05 Cisco Systems quarterly figures

Quarterly figures / Company dates Europe

07:15 Dic Asset detailed annual results

07:25 Telecom Italia annual results

07:45 Kering | Ahold Delhaize quarterly results

08:00 Glencore | Barclays | Heineken annual results

09:30 Stabilus AGM

10:00 Siemens Healthineers AGM

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#cisco
#kraftheinz
#siemens
#siemenshealthineers
#kering