Etsy

How I beat the MSCI World by over 25,000% over 13 years

Part 3: My girlfriend with no financial know-how changed everything

You can find the first part of my investment story (incl. background and TL;DR) here: https://getqu.in/JldknL/

The second part here: https://getqu.in/Ptei6g/

Welcome to the third part of investing failures, bad luck and mishaps. What do you think? How many parts did I need to make a Netflix documentary out of it?

Money, money, money

In the meantime (2018), I had taken on first a small, then a slightly larger management position. How did I manage that? Quite simply. With the first one, I went on my boss's balls until I got it. At the second, there was a restructuring and my boss asked me. Once again, I was in the right place at the right time. My part-time degree (which I hadn't completed yet) certainly helped, as I was able to prove my resilience and stamina. This enabled me to increase my gross annual salary from 36,000 euros to just under 50,000 euros and later to around 75,000 euros. As my cost of living only increased marginally at the same time, I suddenly had a lot of money at my disposal. Reason enough for me to take a closer look at my finances for the first time.

Where to put all the money?

First of all, I started writing down and calculating my previous investments and the associated returns. Manually in a text file. Fortunately, there's getquin for that nowadays. However, writing things down by hand helped me to understand how returns and the like are calculated in the first place, what influencing factors there are, what effect they have, ... In any case, I had the feeling that my bank advisor always told me a lot of nice things, but the returns were usually terrible. And I was right.

So I resolved not to follow any more stupid recommendations from my bank advisor. Instead, I managed very well to continue making stupid decisions myself. This included, for example, an investment in a subordinated loan from a local company via crowdfunding (the risk/return ratio was terrible, but it worked out well) and a savings plan on an ETF with a high dividend and low return.

However, I also made some decisions that I would describe as "still okay". For example, the investment in P2P loans and in a DAX ETF. By chance, my savings plans in $IWDA (+0,23 %) and an IT ETF. In a way, I invested in everything that wasn't up to scratch. @Koenigmidas I still do that today 😘.

However, most of my money continued to flow into fixed-term deposit accounts, as I still had my sights set on financing my own home.

A high savings rate can make stupid investments (partially) offset

My assets have now grown to a 6-digit amount. I don't remember exactly how much (and probably didn't know at the time). Maybe just under 200k. It's crazy when you consider that I was mainly investing in building society savings, life insurance, fixed-term deposits, Riester and mutual funds and the crypto market was at rock bottom. But my savings rate was simply phenomenal at the time, I started very early thanks to my parents and the unit-linked Riester pension was doing pretty well 🚀.

In 2019, I had finally completed my part-time studies after my Abitur, Bachelor's and Master's degrees and had also finished my one-year intensive English course. This gave me time to focus even more on my finances and learning. First on the agenda was crypto. I started to understand my crypto investments and realize what nonsense I had invested in. So I sold many (not all) of my altcoins and reallocated the proceeds into $BTC (-2,47 %) and $ETH (-2,07 %) reallocated. I no longer had an exit plan, but had written off the money and wanted to hodl until it became worthless or life-changing. When the bull run started in 2020, I reinvested in some nonsensical altcoins via a savings plan and tried out crazy crypto products on Binance 🤦. Needless to say, I only lost money.

At the same time, I bought my first individual shares. As an IT nerd, I stumbled across a book about companies with a modern corporate culture and a focus on IT. That was the only (!) basis for buying $ING (-0,67 %) and $ETSY (-1,16 %) 😅. As you can see, even a few years ago I was still traveling without sense and reason. Looking back, however, at 36 euros was an ideal entry price, at least for Etsy, and at 100 euros not a bad price to sell at. I was able to sell the ING shares at +/- 0 after holding them for a few years.

Water becomes wine. Fixed-term deposits become ETFs.

I was so convinced of myself and at the same time so convincing that some people developed boundless confidence in my abilities, who were actually at bank advisor level. This included my girlfriend, whom I recommended to start a savings plan on an MSCI World (lucky guess). And she did. With 700 euros a month 🤯. And I fed my ETF with 500 euros a month despite my higher income and supposedly higher financial building. That was the wake-up call for me. "Donkey" I thought to myself. "Donkey, how can it be that your girlfriend, to whom you have just explained the world of finance, has a higher savings rate than you?". I had to stop preaching wine (ETFs) and drink water (fixed-term deposits). And that's what I did. From then on, I saved significantly more in my poorly chosen ETFs and correspondingly less in call money and fixed-term deposits. Looking back, this was one of two decisive turning points in my investment career.

The second turning point in my investing career was Kellogg's $K (-0,77 %). But more on that in part 4: https://getqu.in/d4GUta/

Earnings next week 🚀

$AMZN (+0,26 %)

$AMD (-0,35 %)

$SOFI (+1,24 %)

$MSFT (-1,05 %)

$AAPL (+1,34 %)

$META (-2,23 %)

$GOOGL (+0,94 %)

$INTC (+1,8 %)

$PYPL (-0,38 %)

$LLY (+1,78 %)

$F (+0,74 %)

$SNAP (+0,45 %)

$CMG (-0,82 %)

$COIN (+0,27 %)

$UBER (-0,14 %)

$BP. (-0,03 %)

$MCD (-0,31 %)

$HOOD (+3,38 %)

$PFE (+1,49 %)

$V (-0,14 %)

$NOVA (+8,56 %)

$ETSY (-1,16 %)

$ON (+0,57 %)

$FUBO

$PTON (+0,79 %)

$TMDX (+1,52 %)

$FSLR (+1,24 %)

$RIOT (+0,64 %)

$ROKU (+1,65 %)

$RCL

$CVNA (-0,08 %)

$CVX (+0,4 %)

$CAT (+0,86 %)

$HUM (+5,48 %)

$CDNS (+0,16 %)

$SBUX (-1,55 %)

$WM (-0,32 %)

$NXT

$THC

$JBLU (+0,71 %)

$CROX (+5,21 %)

$XOM (-0,4 %)

$MRK (-1,77 %)

$RDDT (+0 %)

$PHIA (-0,25 %)

$VFC (+1,09 %)

$RIG

$COP (-1,23 %)

$EPD

$RMBS (-2,53 %)

📣 All these stocks hit new 52 WEEK LOWS at some point today

📣 All these stocks hit new 52 WEEK LOWS at some point today

Boeing $BA (-0,46 %)

Chevron $CVX (+0,4 %)

Occidental $OXY (+5,16 %)

$ETSY (-1,16 %)

Mobileye $MBLY

$APA (+1,92 %)

Bath & Body Works $BBWI (+1,18 %)

Franklin Resources $BEN (+2,02 %)

Cleveland Cliffs $CLF (-0,33 %)

Conoco $COP (-1,23 %)

Coterra $CTRA (-1,43 %)

Devon Energy $DVN (-0,03 %)

Estee Lauder $EL (-0,42 %)

Equinor $EQNR (-0,22 %)

GlobalFoundries $GFS (+0,33 %)

Halliburton $HAL (-0,16 %)

Hess $HES

Nucor $NUE (+0,42 %)

Mosaic $MOS

Schlumberger $SLB (-1,88 %)

Stellantis $STLAM (-0,17 %)

Top Golf $MODG (+1,85 %)

Dave & Bysters $PLAY

Economy on 03.05.2024...

Eventful week comes to an end ⤵️

This week was a busy one. We had a lot of quarterly figures from the big companies. $AMZN (+0,26 %) Amazon, $AMD (-0,35 %) AMD, $MMM (+1,06 %) 3M, $MCD (-0,31 %) McDonalds, $KO (-0,4 %) CocaCola, $QCOM (+2,48 %) Qualcomm, $PFIZER Pfizer, $MA (-0,34 %) Mastercard, $ETSY (-1,16 %) Etsy, $SBUX (-1,55 %) Starbucks and so on.

Yesterday, the following were added after the close of trading:

$AAPL (+1,34 %)
Apple
second quarter earnings per share of $1.53, beating analysts' estimates of $1.50. Revenue of $90.8bn, above expectations of $90.32bn. iPhone revenue of $45.96bn in the second quarter (consensus $46.4bn, previous year $51.3bn). Apple gives green light for $110bn share buyback, the largest share buyback in the company's history. Apple also signals that revenue growth is expected in the current quarter and the dividend will be increased by 4%.

$COIN (+0,27 %)
Coinbase Global
beat analyst estimates of $1.01 in the first quarter with earnings per share of $4.40. Revenue of $1.64 bn exceeded expectations of $1.3 bn.

$BKNG (-1,19 %)
Booking Holdings
Adjusted for one-time items, analysts had expected earnings per share of $13.98. Booking delivered $20.39. Revenue was also $160 million above expectations at $4.42 billion (+16.9%). Thanks to massive share buybacks, the number of outstanding shares fell by 9 % compared to the previous year. The Booking share price rose significantly.

$SQ (+1,31 %)
Block
exceeds analysts' estimates of $0.72 in the first quarter with earnings per share of $0.85. Revenue of $5.96 billion exceeds expectations of $5.83 billion.

$NET (+2,17 %)
Cloudflare
first quarter earnings per share of $0.16 beat analysts' estimates of $0.13. Revenue of $378.6m beat expectations of $373.24m.

$NOVO B (-17,74 %)
Novo-Nordisk achieves Q1 revenue of DKK 65.34bn (PY: DKK 53.36bn), EBIT of DKK 31.85bn (PY: DKK 25.00bn, analyst forecast: DKK 29.04bn) and net profit of DKK 25.40bn (PY: DKK 19.81bn). In the outlook for 2024, the company sees adjusted revenue growth of 19% to 27% (forecast: 25.9%) and an increase in operating profit of 22% to 30% (forecast: 28.6%). Weight loss aids such as Wegovy and the diabetes drug Ozempic are driving the figures and are currently meeting with very high demand, particularly in the USA. For 2024, the company is now forecasting currency-adjusted sales growth of 19% to 27% instead of the previous 18% to 26% and operating profit growth of 22% to 30% instead of 21% to 29%.

The FED also held another meeting this week and discussed interest rates. It was literally said: "The next interest rate move cannot be an increase". The prospect of June was also held out. The market will now almost certainly be pricing in a rate cut for June. If this does not happen or there are signs that it will be postponed again, it could correct sharply again. It will be interesting to see what the ECB does now. Their latest statement was that they no longer want to be dependent on the Fed when it comes to interest rate decisions. Let's see what will be decided there soon.

Next week we will continue with the quarterly figures. Of course, there were also a lot of figures from Germany and Europe. I will try to include a few from there next week without it becoming too much.

For now, I wish everyone a good weekend. Most of you will also have a short week next week.

Best regards from the Baltic coast

Martin

Time to say goodbye :)

Was a small hype purchase without thinking about it

Annual review 2023 - +147% in the portfolio. Every stock analysis in 2023 a bull's eye?

Here you can find the complete article in a well-formatted web view: Jahresrückblick 2023

Happy Birthday: 1 year Investorsapiens

As the first full year draws to a close, the time has come for me to do my first annual review and celebrate the first birthday of investorsapiens.de.

I am also reviewing all previous stock analyses and articles.

With what goal was investorsapiens.de created?

With the start of the technology stock crash at the end of 2021 / beginning of 2022, the irrational behavior of many investors, which I already knew from my distant past during the financial crash (early 2000s), was repeated.

Solidly undervalued shares were sold at huge losses and the remaining money was invested in leveraged warrants in the hope of recouping the losses, just like in a casino. As in a casino, however, the bank usually wins with warrants and the gambler comes away empty-handed in the long term.

Even worse: some people sold everything in a panic and left the stock market for good.

In 2023, a new trend emerged: people sold all their individual shares at a loss and put the money into an ETF.

The first two options are not a solution. Leveraged warrants and KO certificates lead to a total loss for 99% of investors in the long term. An experience that I also had when I started with warrants 16 years ago.

Leaving the stock market is also not a rational solution. In times of historically high inflation, money loses purchasing power very quickly. In addition, it is relatively difficult to build up assets without the stock market.

What about the 1-2 ETFs investment strategy that is currently being hyped?

Is it really the best investment strategy that nothing can match?

Many investors do not seem to be aware of what the ETF actually consists of. After all, the shares that are exchanged for the ETF in a crash make up almost 1/3 of the ETF and have actually been the ETF's performance drivers over the last 10-15 years. The remaining 2/3 of the ETF are thousands of fractional shares of companies that 99% of investors don't even know and would never buy themselves.

There is no question that ETFs are good and important as a passive investment optionIn my investment strategy, I also recommend that absolute beginners who have no experience of the stock market (or no time / no interest) start with a FTSE All World / MSCI World. I also buy the FTSE All World, into which I gradually transfer profits from the shares.

However, the 1 ETF strategy is by far not the best performer. An ETF that consists of 5% Apple can never match the performance of Apple. We are talking about 10x to 20x performance differences in favor of quality stocks. Of course, a single stock has a higher default risk, but that is a matter of risk management and diversification. Before the ETF supporters go into white heat and gasp, please just finish reading.

In addition, with the development of artificial intelligence long before the release of ChatGPT, I saw a new technological disruptive upheaval coming, a so-called Kondratieff cycle with a unique opportunity for investors to profit from the new megatrend. The technology crash was a perfect fit, as it provided a historically favorable entry point (or opportunity to buy more) into existing quality companies such as NVIDIA, Microsoft, Google and others.

We are all currently witnessing the emergence of a new disruptive innovation and, as investors, can be there from the start. The last time investors had a similar opportunity was in the early 2000s with the spread of the internet and Web 2.0.

With the publication of the stock analyses, I wanted to show for the reasons mentioned above that the stock market has much more to offer than the "1-2 ETF strategies". Because with an ETF you cannot invest "smart/targeted" and participate in the developments of the economy and the world in a targeted manner. (But you can certainly profit from general economic growth with a world ETF without having to actively engage with the stock market).

Stock analyses 2023

14 stock analyses 14 direct hits

Since January 2023, I have been publishing detailed stock analyses consisting of four parts here and on my website:

• Research on the company and the business segment
• current news and figures
• current overview of analysts' opinions
• Detailed chart analysis

100% hit rate with an average performance of 83%

At this point, I would like to explicitly point out once again that my stock analyses only represent my personal view and, despite the high hit rate and positive performance, do not constitute investment advice. no investment advice and not a recommendation to buy constitute investment advice or a buy recommendation. I make no claim to the accuracy or completeness of the information provided. Many shares are in my portfolio.

Supplementary information to the table below:

The stocks with the negative performance (BASF, ETSY and MPT) were community wish analyses in which I pointed out risks and negative developments. The performance of the shares is not included in the performance because I advise against trading in warrants and leverage certificates. However, if this were added as "capital preservation", the performance would be even higher.

As of today, PAYPAL has only developed very weakly and, with a performance of + 4 percent, is minimally on the positive side. However, as I continue to assume a positive trend and expect prices to rise further, I still count this analysis as a hit and expect prices to rise further. PAYPAL is still in my portfolio.

At the end of the list I have the position "BITCOIN" without a date. In the sections "Investment strategy" and "Bitcoin", I explain why I think a crypto share of 5 to 10 percent in the portfolio makes sense. Since the end of 2022 / beginning of 2023, Bitcoin has also performed positively with a gain of around +150%.

I could not insert a proper table here, so here as a screenshot or as a table on my site.

Share
Share Date
Outlook
Hit
Performance

$TSLA (-4,58 %) 21.01.2023 positive yes 150%

$AMZN (+0,26 %) 23.01.2023 positive yes 75%

$BAS (-0,12 %) 29.01.2023 negative yes -25%

$AAPL (+1,34 %) 29.01.2023 neutral - 25%

$META (-2,23 %) 03.02.2023 positive yes 145%

$MSFT (-1,05 %) 08.02.2023 positive yes 52%

$GOOGL (+0,94 %) 09.02.2023 positive yes 61%

$NVDA (+2,01 %) 14.02.2023 positive yes 200%

$ETSY (-1,16 %) 17.02.2023 negative yes -56%

$ALV (-0,66 %) 25.02.2023 positive yes 15%

$MPW (+1,92 %) 05.03.2023 negative yes -60

$PYPL (-0,38 %) 18.05.2023 positive yes 4%

$TUI1 (+2,78 %) 21.08.2023 positive yes 20%

$SPLK 24.08.2023 positive yes 36%

$BTC (-2,47 %) - positive yes 150%

Individual shares Performance 83 percent

If you put together a portfolio from the 11 shares analyzed above + Bitcoin and weight everything notionally with, for example, 1000 euros. At the end of the year, 11,000 euros invested would have become 20,080 euros. A performance of + 83 percent. I have not included Apple (neutral), BASF (negative), ETSY (negative) and MPT (negative) in the performance. Theoretically, you could add the stocks that I warned about and which then fell sharply as a positive return as "capital preservation", but I have not done this, I have only included the positive outlooks in the analysis.

The two ETFs: FTSE All World and MSCI World will achieve a performance of around 20 percent in 2023. Here, too, the performance is largely attributable to the same stocks. The top 10 of MSCI consists of: Apple, Microsoft, Amazon, NVIDIA, Alphabet, Meta and Tesla.

Portfolio performance 2023

A plus of 147 percent

The performance of the investorsapiens.de portfolio in 2023 (01.01.2023 to 26.12.2023) was +147 percent in total, based on the absolute portfolio value on 31.12.2022.

The overall performance is made up of the performance of the investment and the monthly payments (savings installments) together. For the sake of completeness, I must of course mention that 2023 was a particularly good year. How much we will achieve in 2024 is completely open.

Investments in AI and technology stocks in particular have performed very well. By way of comparison, the portfolio performance in 2022 was +78% (performance + savings rate).

investorsapiens.de - The website

Finally, I would also like to highlight the development of the investorsapiens.de website/project itself in 2023. Because this is directly related to the content that I will make available here in the future.

The attentive reader has probably noticed. In January 2023, I launched an interactive "Stock analysis of the week" format. I gave the community a choice of around 10 stocks. I then analyzed the stock with the most votes for you. In February, I sometimes even published 2 analyses per week:

• 4 stock analyses in January
• 6 stock analyses in February

But then the "stock analysis of the week" format disappeared and the stock analyses were published only rarely

• In the months from March to December, there were only 3 stock analyses in 10 months in total

Why is that?

Even though stock analyses are exactly the kind of content that I enjoy very much, the effort involved in preparing the analyses, both in terms of content and appearance, is disproportionate to the feedback that I received. In fact, none at all. Despite high four-digit access figures, there were hardly any social media follows or social media shares and hardly any newsletter subscriptions.

A stock analysis alone takes me half an hour: I skim the latest news, look at the key figures and quickly run a chart analysis on Tradingview and I have everything I need to make an informed decision. After 16 years on the stock market, this is an automatic process that hardly requires any time or effort.

A proper article/post, on the other hand, takes me many hours. If there are also graphics that have to be created or selected in a decent quality in compliance with copyright law, an analysis can easily take 1-2-3 days. As I work a lot in my main job, after two months I had to ask myself whether I was still prepared to sacrifice 100% of my free time for stock analyses that ultimately bring me nothing. At the latest after the "worried" call from the tax office asking whether it was true that the website had actually generated a four-figure loss and no income at all, I realized that I would have to think about something in the long term. Never before had the tax office been so touchingly concerned about me :D

So I invested more time in informative articles and organic reach. In the period from March to December 2023, I published 12 articles / posts aimed at organic reach. The feedback was immediately noticeable. Growing organic visitor numbers, cooperation requests from companies, universities and other financial blogs and organizations were a welcome change. The long-term minimum goal must be to cover the ongoing fixed costs, as I am currently financing this project from my own deposit, which is definitely not healthy and is a very expensive hobby.

To put the above into figures as an example: The stock analysis for NVIDIA, with over 200 percent performance was shared a whole 0 times. Neither on Facebook, nor on Twitter, nor on any other social media networks. The response was a whopping 0, despite four-digit read accesses.

But as I'm not a person who gives up quickly, I'll give it some more time. Perhaps the share analyses will be more popular after all, or the feedback will at least come close to the number of hits. If so, I will of course be prepared to devote more time and energy to the analysis. So please let me know if you would like to see more stock analyses in 2024:

Subscribe to the newsletter, follow me on social media and on Getquin. For you it's just a click, for me it's a sure sign that the work wasn't in vain.

Until then, Happy New Year 2024, have a good start to a no less successful and profitable 2024 🙂 🥂

Economy on 02.11.2023...

The day after FED! Paypal and Qualcomm delivers Zahlen⤵️

Yesterday it was then again so far. The Fed has announced that the interest rates currently remain stable and will not be further increased for the time being. But they also said that they now want to think again from meeting to meeting and reassess each time. The goal with the 2% inflation, remains further the goal.

19:00 - The Fed leaves the key interest rate as expected in the range of 5.25-5.5 percent.

19:40 - Fed Chairman Powell calls monetary policy "restrictive." He says the effects of tightening have not yet fully filtered through to the economy.

8:15 p.m. - Powell: Wage growth has cooled significantly over the last 18 months. I don't think wages are a primary driver of inflation.

8:30 pm - Markets are not buying Powell's view that the outcome of the December meeting remains wide open, and are largely pricing out a possible rate hike. According to STIRs, the probability is now only about 17 percent, down from 21 percent before the rate decision and 29 percent yesterday.

So interviews, by the members of the FED, would again speak out for interest rate hikes, the markets again tremble. This has happened in the past more often and it was thought that there could be further increases this year. Now the market is probably pricing this out....

Let's look at the most important quarterly figures from yesterday. There were again a few important ones:

$PYPL (-0,38 %)
PayPal Holdings beat analyst estimates of $1.23 in the third quarter with earnings per share of $1.30. Revenue of $7.42 billion above expectations of $7.38 billion.Revenue is up, but margins are down a bit again and so is the number of active users. So I value these numbers, very mixed, but also believe that you have reached the bottom there now as well. The numbers are now not so bad that it would justify another wave of sales.

$QCOM (+2,48 %)
Qualcomm exceeds analyst estimates of $1.91 in the fourth quarter with earnings per share of $2.02. Sales of $8.67 billion above expectations of $8.51 billion.

$SEDG (+11,9 %)
SolarEdge Technologies misses analyst estimates of $0.83 in the third quarter with earnings per share of $0.55. Revenue of $725.31 million below expectations of $769.19 million.

$KHC (+0,69 %)
Kraft Heinz Co. the third-quarter earnings per share of $0.72 beat analyst estimates of $0.66. Revenue of $6.57 billion below expectations of $6.72 billion.

$ETSY (-1,16 %)
Etsy beat analyst estimates of $0.50 in the third quarter with earnings per share of $0.64. Revenue of $636.3 million exceeded expectations of $631.27 million.

$CVS (+0,57 %)
CVS Health Corp. third-quarter earnings per share of $2.21 beat analyst estimates of $2.13. Revenue of $89.76 billion exceeded expectations of $88.29 billion.

And today we continue with exciting numbers. Let's take a step-by-step look at the trading day:

Economic Data

08:00

• DE: Employment September

08:30

• CH: Consumer Prices October Forecast: +0.1% yoy/+1.7% yoy Previously: -0.1% yoy/+1.7% yoy

09:45

• IT: Purchasing Managers' Index/PMI Manufacturing October Forecast: 46.3 Previous: 46.8

09:50

• FR: Purchasing Managers' Index/PMI Manufacturing (2nd release) October Forecast: 46.3 1st release: 42.6 Previous: 46.8

09:55

• DE: Labor Market Data October Unemployment Rate seasonally adjusted Forecast: +15,000 yoy Previous: +10,000 yoy Unemployment Rate seasonally adjusted Forecast: 5.8% Previous: 5.7%

09:55

• DE: Purchasing Managers' Index/PMI Manufacturing (2nd release) October Forecast: 40.7 Previous: 39.6

10:00

• EU: Purchasing Managers' Index/PMI Manufacturing Eurozone (2nd release) October Forecast: 43.0 Previously: 43.4

10:30

• UK: Purchasing Managers' Index/PMI Manufacturing (2nd release) October Forecast: n/a 1st release: 45.2 Previous: 44.3

13:00

• UK: BoE, Outcome and Minutes of the Monetary Policy Council Meeting and Monetary Policy Report Bank Rate Forecast: 5.25% Previous: 5.25%

13:30

• US: Initial jobless claims (week) Forecast: 214,000 Previous: 210,000
• US: Productivity ex agriculture (1st release) 3Q Annualized +4.3% yoy 2Q: +3.5% yoy Unit labor costs +0.7% yoy 2Q: +2.2% yoy

15:00

• US: Industrial new orders September Forecast: +2.5% yoy Previous: +1.2% yoy

ex-dividend individual stocks

RENISHAW PLC 0.6833 EUR

Quarterly figures / Company dates USA / Asia

12:00 $SBUX (-1,55 %)
Starbucks annual results

13:00 Conocophillips quarterly figures

13:30 Eli Lilly quarterly figures

14:00 Intercontinental Exchange Group quarterly figures

21:00 $BKNG (-1,19 %)
Booking Holdings

22:00 Expedia Group quarterly figures

21:30 $AAPL (+1,34 %)
Apple annual results

Quarterly figures / Company dates Europe

06:45 Adecco quarterly figures

07:00 Deutsche Lufthansa | Fresenius SE

07:00 Axa | ING Groep Quarterly Figures

07:30 Hugo Boss | Scout24 | Novo Nordisk

07:30 Andritz | Bike24 | Cliq Digital | Drägerwerk

07:30 Pfeiffer Vacuum | SGL Carbon Quarterly Figures

07:55 PVA TePla Quarterly Figures

08:00 Deutsche Beteiligungs AG| Verbund | BT Group

08:00 Shell | Washtec Quarterly Figures

08:00 DE: Employment September

09:00 Zalando PK on quarterly figures

(09:30 Analyst conference)

11:00 Heidelberg Materials quarterly figures

(14:00 analyst conference)

14:00 Ferrari quarterly figures

#quartalszahlen
#boerse
#börse
#aktien
#news
#newsroom
#community
#communityfeedback
#nachrichten
#täglich
#investieren
#wirtschaft
#politik
#inflation
#fed
#rezession
#mitverstandzumkapital
#krypto
#kryptowährung
#bitcoin
#ethereum
#solana
#zinsen
#ezb
#dax
#inflation
#dividende
#paypal
#airbnb
#qualcomm
#kraftheinz
#mondelez
#etsy
#apple
#starbucks
#lufthansa
#hugoboss
#bookingholdings
#bookingcom

April repurchase