𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️
AutoStore wants to go public / Ford makes 'Ford'step / Get off the hamster wheel
𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅
Today is the deadline for Main Street Capital ($13M (+1,26 %)) and Philip Morris ($4I1 (+0,61 %)).
𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈
Today, Borussia Dortmund ($BVB (+0,95 %)), HELLA ($HLE (-0,12 %)) and Micron Technologies ($MTE (-0,46 %)) will present their figures.
𝗜𝗣𝗢𝘀 🔔
𝗢𝗟𝗔𝗣𝗟𝗘𝗫 - California-based hair care products maker plans to go public this week. OLAPLEX, which was founded in 2014 and bought by private equity firm Advent International in 2019, expects to have an enterprise value of $10.4 billion on the American stock exchange. It will offer 67 million shares for between $14 and $16 per share.
𝗔𝘂𝘁𝗼𝗦𝘁𝗼𝗿𝗲 - The Norwegian company, which develops fully automated and robotic warehouse systems, is also planning an IPO next month on the Oslo Stock Exchange. The IPO is expected to have a market value of about $12 billion. The company is largely backed by Japanese tech investor SoftBank, which holds a 40 percent stake in AutoStore. AutoStore's systems are already being used by large companies such as Puma () and Ikea (). Last year, AutoStore reported sales of $182 million. Sales of over 300 million are forecast for the end of 2021 and 500 million the following year.
𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️
𝗥𝗼𝗵𝘀𝘁𝗼𝗳𝗳𝗲 - European Brent oil prices rise above $80 for the first time in 3 years. Gas shortages in the UK and parts of Europe are the catalyst of this, according to analysts, as diesel and gasoline are substitutes for gas in many cases. Therefore, if gas shortages continue, prices can be expected to continue to rise as winter is still ahead.
In addition, there is a shortage of supply due to the hurricane season in the United States. Since Hurricane Ida at the end of August, the region has produced a total of 74.4 million barrels (1 barrel = ~159 liters) less than planned.
𝗙𝗼𝗿𝗱 ($FMC1 (+0,7 %)) - The U.S. automaker plans to invest about $11 billion in the electric pick-up truck division together with South Korean battery maker SK Innovation. Ford plans to shoulder the bulk of the investment and hire about 11,000 new employees at its plants in Kentucky and Tennessee. SK, on the other hand, has announced plans to build three more plants to meet demand.
𝗖𝗿𝘆𝗽𝘁𝗼 💎
𝗛𝗮𝗺𝘀𝘁𝗲𝗿 - Since June 2021, Mr. Goxx the hamster has been trading cryptocurrencies in his purpose-built box. The performance that the rodent has been able to record is remarkable. Currently, the hamster has been able to outperform both the S&P 500 and Bitcoin. The hamster's portfolio is currently up 24 percent. The hamster makes the decision to buy or sell a security by going through either the buy or sell tunnel. A graphic of the hamster's cage structure can be found attached to the post. You can follow the development of the hamster portfolio via its Twitter page @mrgoxx.