Lucid Group

Earnings next week

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Lucid Auto

Has just been presented here.

Price 6 figures with equipment and quality well, red rust will soon send its regards.

Market in Germany/Europe difficult because the price/quality category of the customers is not fulfilled.

My summary:

Good inside, bad outside

Door handle wobbly, loading flap playful, trunk lid doesn't work at all.

Hey, what do you think of my portfolio?

Please ignore $SNAP (-2.76%) and the $SRECHA this was a purchase that I bought over a year ago as a test/fun and I'm just too stingy to sell at the moment 😂

$MSFT (-1.57%) was a buy at the beginning i bought right at the peak and learned a lesson from that again. I will sell it as soon as possible at a profit and invest that money in the $VWRL (-0.91%) invest

$ARYN (+0.18%) and $LCID (-9.6%) are purchases that I thought could achieve good growth if I hold them for +/- 10 years.

Otherwise I save the $VWRL (-0.91%) monthly and the $XNAS (-1.52%) monthly

From October the $CHDVD will be added. As I simply want to be well diversified in the Swiss equity market 😊

What are the most questionable stock recommendations you have heard from friends/acquaintances/relatives/colleagues?

For me it's the beginning of 2023 $LCID (-9.6%) Lucid Group from an ex-colleague who was kicked out during his probationary period

$LCID (-9.6%) will publish its quarterly figures tomorrow after the close of trading.

• 
  Turnover177.5 million US dollars (9,2%
  decrease compared to the previous year)
• EPS: -0.36 US dollar
• Expected loss: 709.8 million US dollars (50% increase)

$LCID (-9.6%)

What do you think about Lucid Autos people?

What do you think, gets $LCID (-9.6%) the curve again at some point?

I got in at €24.95 at the time.

getquin Daily Summary 30.08.2022

Hello getquin,

here is again your daily collection of news, useless and sometimes useful facts and everything that could be related to stocks. Today the market was not so positive. In addition to news on European stocks, today we have an all-round view with Asia and America. Write in the comments, how it was today so about your portfolio.

Europe🌍:

1. German inflation rate reaches 7.9%, the highest level in 50 years

Sharp price increases for energy and food have pushed the inflation rate in Germany to its highest level in almost 50 years. According to calculations by the Federal Statistical Office, consumer prices in May were 7.9 percent higher than in the same month last year.

This meant that the inflation rate in Europe's largest economy remained above the seven percent mark for the third month in a row. From April to May 2022, prices rose by 0.9 percent. The Wiesbaden-based statisticians confirmed their preliminary data from the end of May on Tuesday.

Read more: https://bit.ly/3wG6jz7

🟩 $GDAXI 12.957,92 (🔼 +0,50 %)

America🌏:

2nd Elon Musk invokes whistleblower claims in latest attempt to kill Twitter deal

Elon Musk filed another notice Tuesday to end the Twitter acquisition, citing more reasons. Twitter shares fell more than 1% in premarket trading.The latest filings come after Twitter's former security chief Peiter "Mudge" Zatko earlier this month alleged "extreme, egregious deficiencies" by the social media company in privacy, security and content moderation. Twitter said Musk's latest termination attempt was "invalid and unlawful" under the acquisition agreement.

Read more: https://cnb.cx/3cr3M4Y

🟥 $TWTR €39,62 (🔽 -2,05 %)

Asia🌏:

3. concern about the impact of covid restrictions in China's major business centers.

Concern is growing over the tightening of covid restrictions in several major Chinese cities as authorities lock out millions of citizens in Shenzhen and Dalian.

The measures have added to uncertainty and concern about China's shaky economy. Analysts believe that tightening restrictions in major economic centers such as Shenzhen, Dalian and Chengdu in the southwest could have a far more serious impact than the lockdowns in smaller centers.

The new measures, planned for only a few days for now, reflect China's insistence on its "dynamic zero covid" policy of suppressing any outbreak as soon as it occurs.

"Markets could come under renewed pressure in the coming weeks, which would likely trigger another round of cuts by economists on the street," Nomura warned in a note Tuesday, highlighting the importance of cities such as the southern tech hub of Shenzhen.

Read more: https://bit.ly/3AXbMUw

🟥 $XCH $18,48 (🔽 -2,17%)

Welt🗺️:

4th Battle of the Chip Giants

An exciting day for all owners of chip and graphics card stocks. It seems like one company is trying to top the other with announcements.

AMD's CEO Lisa SU announced today that AMD will introduce four new architectures in the next few quarters, the first of which will launch as early as next month and is expected to surpass even Intel's powerhouse Core I9 in terms of gaming speed.

Shortly after, Nvidia announced a new data center solution in partnership with Dell. The data center is said to work at the forefront of AI innovation. The announcement said the two companies will provide "cutting-edge AI training, AI inference, data processing, data science and zero-trust security capabilities to enterprises around the world."

Nonetheless, the news was not reflected in stock performance, and both stocks slumped more than 3%.

🟥 $AMD (-2.29%) €86,10 (🔽 -3,13 %)

🟥 $NVDA (-3.63%) €154,02 (🔽 -3,07%)

Special:🎤

Today is the 92nd birthday of Warren Buffet.

🟥 $BRK.A (+0.95%) €432,500.00 (🔽 -1,14%)

Stocks of the day:

🟩 $PAH3 €72,74 (🔼 +4,06%)

👍 The planned IPO of VW's sports car subsidiary Porsche AG continues to drive the share price and puts investors in a positive mood. In particular, the securities of Volkswagen Group holding Porsche SE continued their price rally, following the new speculation that had arisen on Friday about the valuation of Porsche AG.

🟥 $BYDDY (+3.47%) €63,93 (🔽 -8,33%)

👎 In addition to increasing lockdown concerns, a report by the U.S. news agency Bloomberg massively weighs on the price of the papers of the Chinese e-car manufacturer and Tesla rival. According to rumors, star investor Warren Buffett could sell his shares in BYD.

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$ALV (-0.14%) €170,08 (🔽 -0,15%)

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$BBBY €12,86 (🔽 -5,3%)

🟥 $SP500TR 2.987,96 (🔽 -1,06%)

🟩 $GDAXI 12.937,49 (🔼 +0,35%)

🟥 $BTC (-0.36%) ₿, €19.758,54 (🔽 -2,48%)

Time: 17:00 CEST

Lesson of the day:

Lucid $LCID (-9.6%) today filed for a "mixed shelf offering" of up to $8 billion. But what is that anyway?

A shelf offering is a Securities and Exchange Commission (SEC) provision that allows a stock issuer (such as a company) to register a new issue of securities without having to sell the entire issue at once. Instead, the issuer can sell portions of the issue over a three-year period without having to re-register the security or pay penalties.

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