STO Pref Shs

A new candidate made its way into the portfolio today. $STO3 (-0,79 %) [Buy price = 117.80 plus expenses per share]

STO recently reported weaker prospects in the construction sector and announced an adjustment to its forecast for 2025 and 2027 due to the current interest rate and the weak economy in the construction sector. The EBIT guidance had to be halved. As a result, the share fell by around 18% on 24.07.

[Many thanks at this point to @Smudeo for the correct hint and the correction]

The share has been moving sideways for a month and is currently close to the 52-week low and, in my opinion, a good candidate for a dividend portfolio.

<{Spaßmodus an}>

We'll see whether I've $STO3 (-0,79 %) or whether the dividends will make my heart as warm as the houses with STO's insulation.

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/uWLmaUmA94I?si=Nvgan1ND1bTBDfNJ

Sunday:

Joe Biden resigns and names Kamala Harris as possible successor. Trump has already made a statement. We are curious to see what the markets will do tomorrow. The election campaign in the US seems to be starting all over again.

https://www.handelsblatt.com/politik/international/us-wahlen-joe-biden-verzichtet-auf-kandidatur-und-schlaegt-kamala-harris-vor/100054462.html

Monday:

The battery manufacturer $VAR1 (+11,21 %) Varta is restructuring at the expense of its shareholders. In addition, Porsche and Michael Tojner secure pre-emptive rights for the issue of new shares. As a result of the StaRUG proceedings, small shareholders at Varta in particular are left empty-handed.

https://www.handelsblatt.com/meinung/kommentare/varta-gau-fuer-kleinaktionaere/100054586.html

Tuesday:

$P911 (-0,21 %) Porsche corrects its forecast. Turnover is expected to be lower than planned and the margin is also likely to fall. This is probably due to flooding at a European supplier.

https://www.handelsblatt.com/unternehmen/industrie/autohersteller-warum-porsche-jetzt-die-jahresziele-fuer-2024-kassieren-muss/100054794.html

Also $ST5 (+0,98 %) Steico also fell significantly. Although turnover and profit increased, the share price fell. The reason is a cautious outlook.

https://www.wallstreet-online.de/nachricht/18294888-steico-se-starkes-erstes-halbjahr-2024-vorsichtiger-ausblick

Wednesday:

Profit at $TSLA (+0,97 %) Tesla falls for the second quarter in a row, Tesla has clearly missed expectations with its figures. Car sales fell by seven percent to 19.9 billion USD. Total sales increased slightly thanks to the strong storage business.

https://www.handelsblatt.com/unternehmen/industrie/elektroautobauer-tesla-gewinn-sinkt-erneut-robotaxi-soll-im-oktober-vorgestellt-werden/100053233.html

$RHM (+0,89 %) Rheinmetall doubled its profit and was even able to exceed expectations. The armaments group is benefiting from numerous orders from the German armed forces. Sales increased by 49% to 2.2 billion euros in the second quarter. Profit doubled to 271 million euros. Rheinmetall is undoubtedly one of the winners of the Ukraine war.

https://www.handelsblatt.com/unternehmen/industrie/ruestung-rheinmetall-verdoppelt-gewinn-im-zweiten-quartal/100055103.html

The Purchasing Managers' Index for Germany 🇩🇪 and the USA are disappointing. The value for Germany fell below 50, and the same applies to industry in the USA. The index thus signals a recession. In the USA, at least the service sector remains above the 50 mark.

https://finanzmarktwelt.de/einkaufsmangerindex-juli-316954/?amp

Thursday:

Yesterday, the building materials group $STO3 (-0,79 %) Sto reported disappointing figures. Earnings will probably be halved and the targets for 2024 and 2027 have been canceled.

There was also weak news from the automotive industry. $7201 (-1,84 %) Nissan's profit collapses by 99%. Opel parent company Stellantnis reports a 40% drop in profits.

Things are also going badly in the luxury goods industry. Gucci's sales shrank by 19%, putting pressure on the profits of its parent company $KER (-0,61 %) Kering.

Even consumer goods giant $NESN (-0,1 %) Nestlé disappointed with a lowered forecast. Turnover fell by 2.7%, partly due to currency effects.

https://www.handelsblatt.com/unternehmen/industrie/geschaeftszahlen-im-newsblog-nissan-gewinn-faellt-um-99-prozent-astrazeneca-erhoeht-jahresziele/24098412.html

Even in Poland 🇵🇱, which is otherwise economically spoiled, the supermarket chain $DNP (+0,12 %) Dino Polska has to report poor figures. Among other things, profits fell by 28% compared to the previous year.

https://www.stockwatch.pl/wiadomosci/slabe-wyniki-biedronki-pociagnely-w-dol-notowania-dino-polska,akcje,329836

The situation was different in the pharmaceutical sector. $SAN (+0,23 %) Sanofi exceeded analysts' expectations in terms of profit and was able to increase its turnover by 8 %. Also $AZN (+2,78 %) Astrazeneca also raised its annual targets. Sales increased by 15 %. However, profits fell slightly due to exchange rate effects.

https://www.handelsblatt.com/unternehmen/industrie/geschaeftszahlen-im-newsblog-nissan-gewinn-faellt-um-99-prozent-astrazeneca-erhoeht-jahresziele/24098412.html

Good economic data from the USA 🇺🇸. GDP growth in the second quarter was probably significantly stronger than expected (2.8 % annualized, expected: 2.0 %). In addition, inflation is unlikely to exceed expectations.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-us-wirtschaft-waechst-im-zweiten-quartal-staerker-als-erwartet/100055373.html

Friday:

$MBG (+0,07 %) Mercedes is able to slightly improve its return on sales again. In addition, there was no profit warning, which many had expected.

https://www.handelsblatt.com/unternehmen/industrie/autoindustrie-mercedes-verliert-an-fahrt-absatz-der-s-klasse-stuerzt-ab/100054892.html

BASF $BAS (+0,54 %) BASF does not have to lower its forecast, but continues to struggle with rather weak figures. Sales fell by 7%, while adjusted profits of 2 billion euros in the second quarter were roughly at the previous year's level.

https://www.handelsblatt.com/unternehmen/industrie/chemiekonzern-basf-macht-weniger-umsatz-als-im-vorjahr-bestaetigt-aber-den-ausblick/100054625.html

Inflation in Japan 🇯🇵 was above expectations. Real interest rate hikes may still have to be made there after all. However, even the price increases for core consumer prices in the capital Tokyo are barely above the BoJ's 2% target.

https://www.fxstreet.com/news/japan-inflation-tokyo-consumer-price-index-rises-22-yoy-in-july-vs-23-prior-202407252333

The German pharmaceutical group $MRK (+0,79 %) Merck also delivered strong figures and raised its forecast slightly. Instead of sales of 20.6 - 22.1 billion euros, the range was raised to 20.7 - 22.1 billion euros. Sales stagnated in the second quarter. The reason for the forecast increase is good figures for the cancer drug Xevinapant.

https://www.handelsblatt.com/unternehmen/industrie/pharma-und-techkonzern-merck-hebt-prognose-fuer-2024-leicht-an/100055694.html

Most important dates in the coming week:

Tuesday: 14:00 Inflation data (Germany)

Wednesday: 05:00 Interest rate decision (BoJ)

Thursday: 13:00 Interest rate decision (BoE)

As every Sunday, the most important news from the past week, as well as the dates for the coming week.

Also as a video:

https://youtube.com/shorts/HLVwMKknjjE?si=C068aLJUPJ_HvBX-

Monday:

Absurd news in the morning, many tax offices are canceling their accounts with the savings banks because the costs are too high for them. This is absurd because savings banks belong to the public sector. Instead, the tax offices are switching to accounts at the Bundesbank, which they can also use.

https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/bankverbindung-finanzaemter-kuendigen-ihre-konten-bei-der-sparkasse/100035093.html

Contrary to expectations on Saturday, the inflation rate in Germany 🇩🇪 has not risen again, but at 2.2% is just as high as in the previous month. The inflation rate was therefore slightly below expectations.

https://www.handelsblatt.com/finanzen/geldpolitik/verbraucherpreise-inflation-verharrt-bei-22-prozent/100034476.html

Despite the poor construction sector, our value stock $STO3 (-0,79 %) Sto is achieving its own targets and is therefore clearly in the black. While turnover fell by just under 4 % in 2023, it is expected to increase again in 2024. The dividend is set to remain unchanged at EUR 5 per share.

https://www.wallstreet-online.de/nachricht/18034287-eqs-news-sto-konzern-erreicht-prognostizierte-umsatz-ergebnisziele-2023-schwierigem-marktumfeld

Tuesday:

$MBG (+0,07 %) Mercedes Benz earns significantly less in the 1st quarter. Profit fell by 30% to 3.9 billion euros. Turnover also fell by more than 4% to 35.9 billion euros. One of the main reasons remains Bosch's failure to deliver enough 48-volt batteries to Mercedes. Cash flow remains stable.

https://www.handelsblatt.com/unternehmen/gewinneinbruch-bei-mercedes-autobauer-hadert-mit-seinen-e-autos/100034179.html

$VOW3 (+0,36 %) Volkswagen is doing better. Turnover fell by only 1% compared to the previous year. Profit after tax 'only' fell by 22% to 3.71 billion euros. While Porsche and Audi were rather disappointing, the mass brands VW, Seat / Cupra and Skoda earned more money.

https://www.handelsblatt.com/unternehmen/industrie/autobauer-volkswagen-konzern-geht-mit-spuerbaren-rueckgaengen-ins-neue-jahr/100034522.html

At 0.2%, the German economy grew more strongly than expected in the first quarter. Construction investment and exports are the main drivers of growth. There are also positive signals from the retail sector for the coming weeks.

https://www.handelsblatt.com/politik/konjunktur/bruttoinlandsprodukt-deutsche-wirtschaft-im-ersten-quartal-gewachsen/100036089.html

Inflation in the eurozone 🇪🇺 also remains stable at a rate of 2.4%. The even more important core inflation (adjusted for food prices, tobacco, alcohol and energy prices) even fell from 2.9% in March to 2.7% in April. There is therefore much to suggest that interest rates will be cut for the first time in June.

https://www.handelsblatt.com/finanzen/geldpolitik/inflation-inflation-im-euroraum-stabil-bei-24-prozent/100034754.html

Wednesday:

The US (Fed) 🇺🇸 leaves key interest rates in the range of 5.25 - 5.5 %. This is not a surprising decision. It should come as a relief that Powell considers a rate hike as the next step to be unlikely.

https://www.handelsblatt.com/finanzen/geldpolitik/geldpolitik-federal-reserve-haelt-leitzinsen-konstant/100034581.html

Thursday:

$BOSS (-0,4 %) HUGO BOSS continues on its growth path. Sales in the first quarter increase by 6% to over one billion euros. Due to falling inventories, cash flow also improves by 12 million euros. The downturn in China remains a downer.

https://group.hugoboss.com/en/newsroom/news/news-detail/hugo-boss-records-further-top-and-bottom-line-improvements-in-q1-and-confirms-full-year-outlook?utm_medium=social-organic&utm_campaign=Q1&utm_content=Q1&utm_source=LinkedIn

There was also good news for our value stock $BAYN (+0,46 %) Bayer. In addition to glyphosate, Bayer also has to fight against PCB lawsuits that were bought into the company with Monsanto. However, an appeals court has now completely overturned a damages payment of almost 200 million dollars. This increases the likelihood that the company will get off lightly in the PCB case.

https://www.handelsblatt.com/unternehmen/industrie/pcb-klagen-bayer-erzielt-erfolg-bei-monsanto-altlasten-aktie-steigt-deutlich/100036428.html

Friday:

The US labor market data 🇺🇸 is weaker than expected, increasing the likelihood of interest rate cuts, which is well received by the stock market. The unemployment rate rose to 3.9%. Only 175,000 jobs were created instead of the 238,000 expected. Hourly wages also rose less strongly than expected.

https://www.handelsblatt.com/politik/international/arbeitsmarkt-us-arbeitslosenquote-steigt-leicht-weniger-neue-jobs/100036817.html

These are the most important dates for the coming week:

Monday: 14:45 Press conference (ECB)

Thursday: 3:30 Inflation data (China)

Thursday: 14:00 Interest rate decision (UK)

As every Sunday, the most important news of the last week and the dates of the coming week.

Here are the dates of the coming week:

https://youtube.com/shorts/xwA7DCnogM4?si=VWzzbPzr4BMTQGHj

Monday:

#china Lowers interest rates on one of the central bank's interest rate lines. The one-year loan now costs 3.45% interest instead of 3.55%. China is trying to stimulate the economy with this. The real estate sector in particular is expected to benefit from lower interest rates.

https://www.bbc.com/news/business-66567085.amp

$PANW (-0,13 %) Palo Alto Networks can surprise the stock market with strong figures. The cybersecurity provider increased sales by 26%. In addition, there was a positive outlook for the full year.

https://www.deraktionaer.de/artikel/aktien/an-diesem-aktionaer-cybersecurity-tipp-fuehrt-kein-weg-vorbei-20337977.html

Good omen for #inflation producer prices fall for the first time since 2020. Producer prices are seen as a harbinger of actual inflation; if producers produce more cheaply, this also depresses the inflation rate in the future. Compared with the previous year, producer prices have fallen by 6.0%, significantly more than the assumed 5.1%.

https://www.handelsblatt.com/politik/konjunktur/nachrichten/konjunktur-erzeugerpreise-fallen-erstmals-seit-ende-2020/29343326.html

According to a Bundesbank report, the economic situation in Germany remains tense. There will probably be a 0 round in the 3rd quarter as well, meaning no growth.

https://app.handelsblatt.com/finanzen/geldpolitik/monatsbericht-deutsche-wirtschaft-wird-im-sommer-wohl-ebenfalls-nur-stagnieren/29344192.html

Tuesday:

$F3C (+1,67 %) SFC Energy remains the big hope in our moonshot portfolio. The figures were above expectations. Second quarter sales grew 46%. The guidance for the full year is increased.

https://www.finanzen.net/nachricht/aktien/gute-geschaefte-sfc-energy-aktie-gibt-vorboerslich-gas-sfc-energy-nach-umsatzsprung-optimistischer-12757967

$COTY (+0,73 %) Coty, which produces, among other things, perfumes for luxury labels, reports significant growth. Sales increased by 16%. However, profit was below expectations due to higher costs.

$9888 (-3,65 %) Baidu performs better than expected. The Chinese equivalent of Google increases advertising revenues by 15%.

The construction manufacturer $STO3 (-0,79 %) Sto lowers its forecast. Due to poor weather conditions, among other things, full-year sales will probably be slightly lower.

Monday evening $ZM (+0,96 %) Zoom still presented figures above analysts' expectations.

https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-rabatte-lassen-macys-gewinn-einbrechen/24098412.html

Wednesday:

On average, a bank account in Germany costs 100 euros per year, according to a study. Although there is interest again almost everywhere, but not on the current account.

https://app.handelsblatt.com/finanzen/banken-versicherungen/banken/banken-banken-erhoehen-gebuehren-weniger-gratiskonten/29348194.html

Poor purchasing managers' index figures, a clear signal of recession. The index plummeted to 44.7 points. Expected was only a decline to 48.3 points. In particular, the service sector sags more than expected, so far poor industrial data could be compensated here.

https://deutsche-wirtschafts-nachrichten.de/705530/deutsche-wirtschaft-im-august-auf-rasanter-talfahrt

At $FL (+0,51 %) Foot Locker is currently not doing so well. Dividend and outlook are being lowered.

https://www.t-online.de/finanzen/boerse/ticker/aktien-im-fokus-foot-locker-belastet-kurse-von-adidas-puma-und-nike/0DAE2E00BA467D5B/

$NVDA (+0,45 %) Nvidia does not disappoint, figures and outlook are above expectations. Sales increased year-on-year from USD 6.7 billion to USD 13.5 billion.

https://www.finanzen.net/nachricht/aktien/bilanz-vorgelegt-nvidia-aktie-zuendet-an-der-nasdaq-nachboerslich-erneut-den-turbo-nvidia-mit-gewinnsprung-erwartungen-uebertroffen-12757955

Thursday:

The BRICS states expand by 6 countries. This also increases the economic power and global influence, the declared goal is to form a counterpole to the G7. Through the merger, the interests of the member countries should be better enforced. Brazil, Russia, India, China and South Africa are now joined by Iran, Saudi Arabia, the UAE, Egypt, Ethiopia and Argentina.

https://www.handelsblatt.com/politik/international/staatenbund-brics-staaten-beschliessen-erweiterung-um-sechs-laender/29351372.html

$CEVMY CTS Eventim is benefiting from the event boom. The ticket marketer broke the billion mark in the first half of the year and reported a 39% increase in sales.

https://app.handelsblatt.com/unternehmen/industrie/-geschaeftszahlen-im-newsblog-gewinnsprung-bei-cts-eventim/24098412.html

Friday:

Inflation is also coming back in Japan 🇯🇵. The increase was still at 2.8% year-on-year. The expected figure was 2.9%. The whole thing is remarkable, because the Japanese central bank has changed virtually nothing in the interest rate level.

https://www.n-tv.de/wirtschaft/der_boersen_tag/Inflation-in-Japan-verlangsamt-sich-weiter-article24349602.html

According to new figures, Germany's GDP neither grew nor shrank in the second quarter. Economic output stagnated. This means that we have experienced three quarters in a row without growth.

https://www.handelsblatt.com/politik/konjunktur/nachrichten/konjunktur-keine-rezession-mehr-aber-die-euro-zone-haengt-deutschland-ab/29349782.html

Short squeeze at $VFS (+1,12 %) Vinfast, the manufacturer from Vietnam 🇻🇳 is trying its hand as an electric car manufacturer and is considered an industrial hope in the country.

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/stellt-dieses-e-auto-start-up-bald-alle-in-den-schatten-20338318.html

Powell emphasizes at the Jackson Hole meeting that there could be another interest rate hike, but that they want to proceed 'cautiously'. Basically, nothing new in the communication. The market is sold off a bit, it was probably hoped that interest rate cuts would also be discussed.

https://stock3.com/news/fed-chef-powell-sind-vorsichtig-bei-weiteren-zin-12954987

These are the most important dates of the coming week:

Monday: 03:30 Retail Sales (AUS)

Tuesday: 15:00 Housing Price Index (USA)

Wednesday: 14:00 Inflation data (DE)

Thursday: 11:00 Inflation data (EU)

Friday: 03:45 Caixin Production (China)

We were lucky with the timing of the partial sale of Sto and sold just below the ath. How do you see Sto's future? 😁

This purchase is - among others - part of a strategy that I became aware of through @investolio became aware of. Very convincing work!

𝗗𝗶𝗲𝘀𝗲𝗿 𝗡𝗲𝗯𝗲𝗻𝘄𝗲𝗿𝘁 𝗯𝗲𝘀𝘁𝗶𝗰𝗵𝘁 𝗱𝘂𝗿𝗰𝗵 𝗯𝘂𝗹𝗹𝗶𝘀𝗰𝗵𝗲 𝘂𝗻𝗱 𝗵𝗮𝗿𝗺𝗼𝗻𝗶𝘀𝗰𝗵𝗲 𝗞𝘂𝗿𝘀𝗺𝘂𝘀𝘁𝗲𝗿! 🚀🚀🚀

The 𝗦𝗧𝗢 𝗦𝗘 & 𝗖𝗼. 𝗞𝗮𝗔𝗚 has 𝗣𝗿𝗼𝗴𝗻𝗼𝘀𝗲 𝗳ü𝗿 𝗱𝗮𝘀 𝗹𝗮𝘂𝗳𝗲𝗻𝗱𝗲 𝗚𝗲𝘀𝗰𝗵ä𝗳𝘁𝘀𝗷𝗮𝗵𝗿 𝗮𝗻𝗴𝗲𝗵𝗼𝗯𝗲𝗻 today!

Without a doubt, the manufacturer of paints, plasters and facade insulation systems probably belongs in every watchlist. Because it is not only fundamentally that things are going extraordinarily well this year for the company based in Swabia. The existing price patterns in the weekly chart also give hope for an imminent continuation of the upward movement.

📰 𝗛𝗶𝗲𝗿 𝗱𝗶𝗲 𝗠𝗲𝗹𝗱𝘂𝗻𝗴 𝗶𝗺 𝗗𝗲𝘁𝗮𝗶𝗹 (Dec 09):

Sto raises forecast for fiscal 2021 and now sees sales growth of eleven percent to EUR 1.59 billion (previously +10%). Group EBIT is expected to come in at 113-128 million euros (98-113 million). (Source: Guidants News)

📈 𝗖𝗵𝗮𝗿𝘁𝘁𝗲𝗰𝗵𝗻𝗶𝘀𝗰𝗵𝗲 𝗕𝗲𝘁𝗿𝗮𝗰𝗵𝘁𝘂𝗻𝗴 (Update / see screenshot):

After the stock marked a new ATH at €236.50 in August, a 𝗞𝗼𝗿𝗿𝗲𝗸𝘁𝘂𝗿 𝗮𝘂𝗳 𝗵𝗼𝗵𝗲𝗺 𝗡𝗶𝘃𝗲𝗮𝘂 formed. So far, this correction just reached the 23.60% Fibonacci correction target around €196.

Today's price gains following the upgrade of the forecast give hope for a 𝗙𝗼𝗿𝘁𝘀𝗲𝘁𝘇𝘂𝗻𝗴 𝗱𝗲𝗿 𝗔𝘂𝗳𝘄ä𝗿𝘁𝘀𝗯𝗲𝘄𝗲𝗴𝘂𝗻𝗴. However, interested investors should also keep an 𝗺ö𝗴𝗹𝗶𝗰𝗵𝗲𝗻 𝗧𝗲𝘀𝘁 𝗱𝗲𝗿 𝗨𝗻𝘁𝗲𝗿𝘀𝘁ü𝘁𝘇𝘂𝗻𝗴 𝘂𝗺 𝟭𝟴𝟳 € in mind. However, good opportunities to enter would arise here at the latest.

With a sustained breakout above € 225 and especially above the ATH at 236,50 €, the next 𝗭𝗶𝗲𝗹𝗲 𝗮𝘂𝗳 𝗱𝗲𝗿 𝗢𝗯𝗲𝗿𝘀𝗲𝗶𝘁𝗲 𝗯𝗲𝗶 𝟮𝟵𝟯 € 𝘀𝗼𝘄𝗶𝗲 𝟯𝟰𝟲 € would be found (161.8% and 200% Fibonacci extension).

𝗙𝗮𝘇𝗶𝘁:

-> 𝗔𝘂𝘀𝗯𝗹𝗶𝗰𝗸 𝗶𝘀𝘁 ü𝗯𝗲𝗿𝗴𝗲𝗼𝗿𝗱𝗻𝗲𝘁/ 𝗺𝗶𝘁𝘁𝗲𝗹𝗳𝗿𝗶𝘀𝘁𝗶𝗴 𝗯𝘂𝗹𝗹𝗶𝘀𝗰𝗵

-> 𝗸𝘂𝗿𝘇𝗳𝗿𝗶𝘀𝘁𝗶𝗴 𝗮𝘂𝗰𝗵 𝗻𝗼𝗰𝗵𝗺𝗮𝗹 𝗲𝗶𝗻 𝗧𝗲𝘀𝘁 𝗱𝗲𝘀 𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝘀 𝘂𝗺 𝟭𝟴𝟳 € 𝗺ö𝗴𝗹𝗶𝗰𝗵

-> 𝗼𝗳𝗳𝗲𝗻𝗲 𝗭𝗶𝗲𝗹𝗲 𝗯𝗲𝗶 𝟮𝟵𝟯 € 𝘂𝗻𝗱 𝟯𝟰𝟲 €

As always, we wish you the best of luck with your decisions and look forward to your feedback! LG Magnus & Sören 🌈📈

Please note: This is not an investment recommendation and we do not guarantee the accuracy and completeness of all information presented. Furthermore, it does not represent a trading recommendation. Liability for financial losses is excluded. ⚠ Make up your own mind about the advantages and disadvantages of an investment

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Ex-dividend date: Mowi ( $MHGVY ) and United Parcel Service ( $UPS (+0,81 %))

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today Gesco ( $GSC1 (+0,18 %) ), Foot Locker ( $FL ), RLX Technology ( $RLX (-0,59 %) ), SOMPO Holdings ( $8630 (-2,44 %) ) and Sto ( $STO3 (-0,79 %) ) are presenting their numbers.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Curevac ( $CVAC (+1,39 %) ) - The biotech company's third-quarter sales rose 463 percent year over year to €29.3 million. The increase in sales is mainly due to cooperations with the British pharmaceutical group GlaxoSmithKline ( $GSK ), according to the Tübingen-based company. However, Curevac's operating loss increased compared to the same period of the previous year from 36.7 million euros to 143.1 million euros. This was reportedly due to high research and development costs for its own vaccine candidate Covid-19.

Alibaba ( $2RR (-2,08 %) ) - On Thursday, no clear trend could be observed on the Asian stock exchanges. In Japan, the Topix and the 225-stock Nikkei index rose 0.4 percent. The index of leading companies in Shanghai and Shenzen also gained 0.2 percent. In contrast, the flagship Hang Seng Index in Hong Kong lost 1.8 percent as disappointing figures from Chinese tech giant Alibaba weighed heavily on the index. Japan's inflation data showed consumer prices rose 0.1 percent in October, in line with prior expectations.

Nvidia ( $NVDA (+0,45 %) ) - Yesterday, after the close of trading, NVIDIA stock rose sharply, driven by strong demand. In the past quarter, NVIDIA reported an 84% increase in earnings to $2.46 billion. NVIDIA's technology is used in artificial intelligence applications, graphics cards, and data center chips, among others. Despite the reservations expressed by competition authorities, NVIDIA is studying the proposed purchase of the British designer of chips "Arm", whose technology is used in almost all smartphones. Apple ( $AAPL (+0,87 %) ), Samsung ( $SSUN (-1,56 %) ) and Qualcomm, among others, are designing their own processors for mobile devices based on the Arm chip architecture.

Thyssenkrupp ( $TKA (-2,47 %) - The steel group thyssenkrupp is beating expectations for the fiscal year 2020/21 that just ended (end of September) with clear growth and was able to benefit from the economic recovery. Adjusted earnings before interest and taxes amounted to 769 million euros. However, shareholders will have to forego a dividend again this year. The group expects mid-single-digit percentage growth and an approximate doubling of adjusted EBIT to 1.5 to 1.8 billion euros and a surplus of at least 1 billion euros in the new financial year that has just begun.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

U.S. Constitution - The online group "ConstitutionDAO" intended to buy the latest edition of the U.S. Constitution in private hands at a public auction at Sotheby's on Thursday, but failed. Instead, the edition was purchased by an unknown bidder for US$41 million. Participants in the project began only a week ago to band together as a decentralized autonomous organization (DAO) to raise funds for the auction. More than US$49 million in Ethereum donations ( $ETH (-0,52 %) ) were collected via Juicebox. In return, the 17,437 backers received governance tokens called PEOPLE, which were not intended to represent fractional ownership, but to allow token owners to decide on proposals for structure, governance and operational direction.

Bitcoin ($BTC-EUR) - The most recent data shows that bitcoin holders who bought for $20,000 USD are refusing to sell BTC at the all-time high. Despite tantalizing triple gains, last November's buyers are determined to continue their "hodl" strategy. BTC buyers are keeping their cool and holding on to their coins despite various all-time highs.

Peru - The president of Peru's central bank (Julio Velarde) announced that the country is working with India, Singapore and Hong Kong to develop a central bank digital currency (CBDC). According to the Atlantic Council, 87 countries (representing over 90% of the world's GDP) are currently researching a CBDC and seven have already launched theirs. By comparison, only 35 countries intend to develop a CBDC by 2020.

We wish you a good weekend!

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𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗖𝘂𝗿𝗲𝘃𝗮𝗰 𝗺𝗶𝘁 𝗩𝗲𝗿𝗹𝘂𝘀𝘁 / 𝗔𝗹𝗶𝗯𝗮𝗯𝗮 𝘃𝗲𝗿𝘂𝗻𝘀𝗶𝗰𝗵𝗲𝗿𝘁 / 𝗗𝗔𝗢 𝗴𝗲𝘄𝗶𝗻𝗻𝘁 𝗳𝗮𝘀𝘁 𝗦𝗼𝘁𝗵𝗲𝗯𝘆'𝘀 𝗔𝘂𝗸𝘁𝗶𝗼𝗻

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, Mowi ($MHGVY) and United Parcel Service ($UPS (+0,81 %)) are trading ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Gesco ($GSC1 (+0,18 %)), Foot Locker ($FL (+0,51 %)), RLX Technology ($RLX (-0,59 %)), SOMPO Holdings ($8630 (-2,44 %)) and Sto ($STO3 (-0,79 %)) present their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Curevac ($CVAC (+1,39 %)) - The biotech company's third-quarter revenue increased 463 percent year-over-year to 29.3 million euros. The increase in revenue was mainly due to collaborations with British pharmaceutical company GlaxoSmithKline ($GSK), the Tuebingen-based company said. However, Curevac's operating loss increased from 36.7 million euros to 143.1 million euros compared to the same period last year. This was due to high research and development costs for the company's own Covid-19 vaccine candidate, it said.

Alibaba ($2RR (-2,08 %)) - There was no clear trend on the Asian stock markets on Thursday. In Japan, the Topix and the 225-stock Nikkei index gained 0.4 percent. The index of the most important companies in Shanghai and Shenzen could also gain 0.2 percent. Hong Kong's benchmark Hang Seng index, however, lost 1.8 percent as disappointing figures from Chinese tech giant Alibaba weighed heavily on the index. Inflation data from Japan showed consumer price inflation rose 0.1 percent in October, in line with advance expectations.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

U.S. Constitution - The online group "ConstitutionDAO" planned to buy the last privately owned edition of the U.S. Constitution at a public auction at Sotheby's on Thursday and failed. Instead, the edition was bought at auction by an unknown bidder for $41 million. Project participants began banding together as a decentralized autonomous organization (DAO) just a week ago to pool funds for the auction. Through Juicebox, more than $49 million in Ethereum donations ($ETH (-0,52 %)) was collected. In return, the 17,437 supporters received governance tokens called PEOPLE, which were not intended to represent fractional ownership, but rather to allow token owners to decide on proposals for structure, governance, and operational direction.

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