Improved Forecasts for $ADDYY (+1.82%)
Is $ADDYY (+1.82%) turning things around following the Kanye West fiasco 🤔...
Improved Forecasts for $ADDYY (+1.82%)
Is $ADDYY (+1.82%) turning things around following the Kanye West fiasco 🤔...
getquin Daily Summary 25.10.2022
Hello getquin,
have a nice tuesday to all of you!
Europe🌍:
1. Philips to cut 4000 jobs
Philips, an appliance manufacturer based in the Netherlands, plans to lay off 4000 employees, which is about 5% of its total workforce. The reason for the layoffs is falling sales and a mass recall that has severely hurt the company.
Read more: https://reut.rs/3TA4mO5
🟥 $PHIA (+0%) 12,96€ (🔽 -1,37%)
America🌏:
2. Apple raises prices of its video and music streaming services
Apple has increased monthly and annual subscription prices for its Apple TV+ and Apple Music streaming services. The price increase for Apple Music is due to the increased cost of music licensing, according to Apple.
Read more: https://cnb.cx/3zdsmOL
🟩 $AAPL (+2.87%) 151,88€ (🔼 +1,42%)
Asia🌏:
3. TikTok can't track location data of US citizens
TikTok, which is owned by Chinese company ByteDance, has responded to a Forbes post by accusing TikTok of using the location data of specific US citizens to monitor them. TikTok has denied this
Read more: https://cnb.cx/3zdN01c
Stocks of the day:
🟩 TOP $WEED 2,50€ (🔼 +7,96%)
👍 The planned acquisition of multi-state operator Acreage Holdings is getting closer to completion. Will Canopy Growth be the beneficiary of the advancing legalization in the USA.
🟥 FLOP $COVTY 34,18€ (🔽 -4,26%)
👎 Covestro publishes figures. Profit fell by 2/3, which surprised investors.
🟩 Most searched $TSLA (+6.49%) , 222,90€ (🔼 +4,20%)
🟥 Most traded $ADDYY (+1.82%) , 100,36€ (🔽 -3,07%)
🟩 S&P500, 3,848.16 (🔼 +1.34%)
🟩 DAX, 13,044.55 (🔼 +0.87%)
🟩 Bitcoin ₿, 19,677.77€ (🔼 +0.85%)
Time: 17:45 CEST
The price target is $251.77 and the stock is covered by 33 analysts.
Buy
16
Hold
14
Sell
3
Adidas AG is a Germany-based company that designs, develops, produces, and markets a range of athletic and sports lifestyle products. The Company's segments include Europe, North America, Asia-Pacific, Russia/CIS, Latin America; Emerging Markets, Adidas Golf, Runtastic, and other centrally managed businesses. Its segment includes wholesale, retail, and e-commerce business activities relating to the distribution and sale of products of the Adidas brand to retail customers and end consumers. The Company has over 2,500 own-retail stores, mono-branded franchise stores, shop-in-shops, joint ventures with retail partners and co-branded stores, and an e-commerce channel, which is available to customers in over 50 countries. Adidas branded products include footwear, apparel, and hardware, such as bags and balls.