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Sono Motors - The company wants to accelerate the solar-powered automotive industry. Their solar-electric car Zion already has 16,000 pre-orders. The vehicles are scheduled to start production in the first half of 2023. So far, the company has posted a loss of $108.8 million, but that is expected to change as deliveries begin.
When it goes public, Sono Motors plans to issue 10 million shares at a price of $14 to $16.
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Ex-dividend date: American Electric Power ( $AEP (-0.33%) ), American Water ( $AWC (-0.26%) ), Dover Motorsports ( $DVD ), Diamondback Energy ( $7DB (+0.3%) ), Greenbrier Companies ( $G90 (+3.64%) ), IBM ( $IBM (+2.52%) ), Matson ( $68M (+1.67%) ), Matador Resources ( $7MR (-0.5%) ), Olin Corporation ( $OLN (-0.94%) ), PPG Industries ( $PPQ (+1.08%) ), Rollins ( $RLS (-0.52%) ), Silicon Motion ( $S9M (+2.65%) ), Tempur Sealy International ( $TPD (+1.39%) ), WestRock ( $1WR ) and West Pharmaceutical Services ( $WPS (-0.41%) ).
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Today 1&1 ( $DRI (+0.84%) ), About You ( $YOU (-0.52%) ), Alcon ( $2U3 (+0.84%) ), Associated British Foods ( $ASBFY ), Bakkafrost ( $6BF (-0.05%) ), Bayer ( $BAYN (+0.61%) ), DeNA ( $D2N (+0.36%) ), Fraport ( $FRA (+0.61%) ), Gilat Satellite Networks ( $GSA (+2.65%) ), Kirin Holdings Company ( $KNBWY (+1.6%) ), Manz AG ( $M5Z (-2.03%) ), Medios AG ( $ILM1 (+1.46%) ), Mรผnchener Rรผck ( $MUV2 (+0.81%) ), Nissan ( $NISA (-0.95%) ), OVB Holding ( $O4B (+0%) ), Porsche ( $PAH3 (-1.48%) ), Schaeffler ( $SHA ), Swiss Life ( $SLW1 (-0.9%) ), United Internet ( $UTDI (+1.32%) ) and Wienerberger ( $WIB (+0.38%) ) present their figures.
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Ceconomy ( $CEC1 ) - The group wants to expand with its Media Markt and Saturn brands and open 35 department stores. Group CEO Wildberger is pursuing the goal of becoming the first omnichannel platform that combines e-commerce and in-store retail. In doing so, he even wants to compete with Amazon ( $AMZ (+0.24%) ). During Corona, Ceconomy was already able to significantly improve logistics and thus shorten delivery times.
The stores will become smaller and more "smart shops" of 600 to 800 square meters will be built in the city centers, because 33% of the total turnover is already attributable to online trade.
Bayer ( $BAYN (+0.61%) ) - Bayer was supported by strong demand for seeds and crop protection products as well as over-the-counter medicines in the last quarter. Bayer shares recently rose 2.16 percent to โฌ51.09. There will also be a change at the head of the Crop Science division. Rodrigo Santos will succeed Liam Condon, who terminated his contract early, as COO. In the third quarter, Bayer was able to increase sales for the entire group by almost 15 percent year-on-year to โฌ9.8 billion. In total, the company made a profit of 85 million euros. The profit was depressed by the high costs of restructuring measures.
Elon Musk - The founder of Tesla ( $TL0 (-1.58%) ), let his fans vote on Twitter whether he should sell ten percent of his Tesla shares. More recently, he has been called upon to pay more taxes to help solve famine problems. Out of just over 3.5 million users, 58 percent voted in favor of a sale. This means that the block of shares to be sold would currently be worth about US$20 billion. Based on this vote, Tesla's share price collapsed by 8.47% to 965.66 euros.
Gazprom ( $SCF ) - After several months of energy crisis and rising prices, the Russian gas company is once again supplying gas to Germany and Austria under pressure from Putin. Gazprom's vice president also said that Russia has no interest in such high gas prices, as it would accelerate the transition to renewable energy in Europe.
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The crypto-currency market's gold rush - Last night, the two leading crypto-currencies Bitcoin ( $BTC-EUR (+0.05%) ) and Ethereum ( $ETH-USD (+0.25%) ) were able to reach new all-time highs. Bitcoin was able to set the mark now at $68,642.00 with a daily increase of almost 5%. This brings its market capitalization to $1.28 trillion, with bitcoin managing to leave Tesla ( $TL0 (-1.58%) ) behind it. Ethereum followed Bitcoin and also hit a new all-time high of $4,857.25. Successes like these have been evident in the market in recent weeks. For example, Cardano ( $ADA-USD (+0.33%) ), Ethereum's competitor, gained 12 percent overnight, and Litecoin ( $LTC-EUR (+0.39%) ), which had long been treading water, rose 20.3 percent in one day. This very strong performance, which can be seen across all crypto-currencies, led to the total market capitalization of all crypto-currencies crossing the US$3 trillion mark for the first time.
Shiba Inu- The co-founder and creator of Dogecoin, the origin of all
"meme coins" explicitly distanced himself from Shiba Inu on Sunday. He also stressed that he himself was not the holder of the coin. Before that, various theories have been circulating that he might be involved in the project.
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