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๐—ด๐—ฒ๐˜๐—พ๐˜‚๐—ถ๐—ป ๐——๐—ฎ๐—ถ๐—น๐˜† ๐—ฆ๐˜‚๐—บ๐—บ๐—ฎ๐—ฟ๐˜† ๐Ÿญ๐Ÿฎ.๐Ÿฌ๐Ÿฑ.๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ


Hello getquin!


Youโ€™re looking for a friend to tell you what happened in the world of finance and business? Youโ€™ve Got a Friend In Me, as I can show you a Whole New World (of finance and business). Overall, the markets are down, but thatโ€™s the Circle of Life.


(In case you didnโ€™t realise, Disney $DIS (-0,83ย %) released their quarterly earnings last night, and itโ€™s more difficult to think of puns related to British Telecoms)


๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐ŸŒ:


1. Siemens to leave Russia


Siemens $SIE (+0,2ย %) will quit the Russian market due to the war in Ukraine, having operated there for 170 years. This will cause a 600 million euro hit to their business during the second quarter, and it will not stop there.


๐ŸŸฅ $SIE (+0,2ย %) Siemens AG (๐Ÿ”ฝ-2.00%)


https://reut.rs/3svl8lE


๐—”๐˜€๐—ถ๐—ฎ๐ŸŒ:


2. SoftBank may cut startup investments


According to SoftBank $9984 (-0,15ย %) CEO, Masayoshi Son, they could cut startup investments by more than half this fiscal year. SoftBank $9984 (-0,15ย %) is vocally cautious about opportunities in the private markets amid a global slowdown, as well as the Japanese conglomerateโ€™s bleak performance.


๐ŸŸฅ $9984 (-0,15ย %) SoftBank Group Corp. (๐Ÿ”ฝ-5.44%)


https://tcrn.ch/3sygVho


๐—”๐—บ๐—ฒ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐˜€๐ŸŒŽ:


3. GM shares hit new 52-week low


Following a downgraded rating by Wells Fargo $WFC (-0,12ย %) , General Motors or $GM (+0,32ย %) shares opened at a 52-week low, and the lowest since November 2020. This downgrade also saw the price target fall from $74 a share to $33 a share.


๐ŸŸฅ $GM (+0,32ย %) General Motors Corp. (๐Ÿ”ฝ-3.88%)


https://cnb.cx/3yyimQD


๐—˜๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด๐˜€ ๐—ฐ๐—ฎ๐—น๐—น๐˜€๐Ÿ—ฃ:


1. Walt Disney Co $DIS (-0,83ย %)


๐ŸŸฅ EPS: $1.08 vs $1.19 expected (-9.09%)

๐ŸŸฅ Revenue: $19.25bn vs $20.04bn expected (-3.94%)


2. BT Group $BT.A (-0,28ย %)


๐ŸŸฆ EPS: ยฃ0.0454 vs ยฃ0.0454 expected (0% - match)

๐ŸŸฅ Revenue: ยฃ5.37bn vs ยฃ5.44bn expected (-1.31%)


๐—ฆ๐˜๐—ผ๐—ฐ๐—ธ๐˜€ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฎ๐˜†๐Ÿ””:


๐ŸŸฉย TOP, $NVAX (-1,03ย %) Novavax Inc (๐Ÿ”ผ+9.55%)

๐ŸŸฅ FLOP, $BMW (-1,2ย %) BMW Group (๐Ÿ”ฝ-7.88%)

๐ŸŸฅ Most searched, $ALV (-0,08ย %) Allianz SE (๐Ÿ”ฝ-3.32%)

๐ŸŸฅย Most traded, $TSLA (+0,93ย %) Tesla Inc (๐Ÿ”ฝ-1.13%)

๐ŸŸฅ S&P500 (๐Ÿ”ฝ-0.90%)

๐ŸŸฅ DAX (๐Ÿ”ฝ-0.64%)

๐ŸŸฉ $BTC (-1,36ย %) Bitcoin โ‚ฟ, $29,074.10 (๐Ÿ”ผ+0.29%)


Time: 17:45 CEST


Did you know that the United States๐Ÿ‡บ๐Ÿ‡ธ represents 54.5% of the world stock market capitalization?

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