๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ญ๐ฐ.๐ฌ๐ฒ.๐ฎ๐ฌ๐ฎ๐ฎ
Hi getquin,
From 500-million-dollar to one dollar. That's what I call investing. Want to know more about this? Join the group!
Nah... You'll find out in today's MarketNews! โฌ
๐๐๐ฟ๐ผ๐ฝ๐ฎ๐:
1. $500 million company sold for a dollar
For about a dollar, two European businessmen will buy Roman Abramovich's company Truphone. In 2020, the company was worth $516 million. Abramovich already had to sell his shares in Chelsea FC last week due to sanctions.
More about the sale: https://bit.ly/3MP5IjJ
๐๐บ๐ฒ๐ฟ๐ถ๐ธ๐ฎ ๐:
1. ๐๐๐๐ ๐ธ๐ช๐ญ๐ญ ๐ฆ๐ช๐ฏ ๐๐ข๐ฉ๐ณ ๐ฏ๐ข๐ค๐ฉ ๐ฅ๐ฆ๐ฎ ๐รถ๐ณ๐ด๐ฆ๐ฏ๐จ๐ข๐ฏ๐จ ๐๐ฐ๐ฏ๐ฌ๐ถ๐ณ๐ด ๐ข๐ฏ๐ฎ๐ฆ๐ญ๐ฅ๐ฆ๐ฏ
Electric Last Mile Solutions (ELMS) has announced that it will liquidate its assets in Chapter 7 bankruptcy proceedings. ELMS has been unable to secure financing since its founder and CEO left the company in February after an investigation found that the company's financial reports were unreliable. ELMS built clean, connected and customized commercial vehicles that helped businesses - and the planet - thrive.
Click here to read about the bankruptcy proceedings: https://cnb.cx/3zAAs4Y
Other sources: https://electriclastmile.com/
๐ฅ $ELMS (๐ผ -3.01%)
2. ๐๐ฐ๐ช๐ฏ๐ฃ๐ข๐ด๐ฆ ๐ฃ๐ข๐ถ๐ต ๐ช๐ฏ๐ฎ๐ช๐ต๐ต๐ฆ๐ฏ ๐ฅ๐ฆ๐ณ ๐๐ณ๐บ๐ฑ๐ต๐ฐ-๐๐ถ๐ณ๐ฃ๐ถ๐ญ๐ฆ๐ฏ๐ป๐ฆ๐ฏ 1,100 ๐๐ต๐ฆ๐ญ๐ญ๐ฆ๐ฏ ๐ข๐ฃ
Cryptocurrency exchange Coinbase (NASDAQ:COIN) Global Inc. announced Tuesday that it will cut 18% of its workforce, or about 1,100 jobs, to cut costs amid the downturn in financial markets.
The cryptocurrency market is experiencing extreme volatility due to economic and geopolitical uncertainties such as rising inflation and the impact of the Ukraine war. Bitcoin, for example, plunged as much as 14% on Monday after crypto provider Celsius Network froze withdrawals and transfers.
More on the terminations: https://bit.ly/3NQ6wWJ
๐ฅ $COIN (-1,5ย %) (๐ผ -4,33 %)
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป:
๐๐ณ๐ข๐ค๐ญ๐ฆ $ORCL (+0,07ย %)
Compared with the same period last year, revenue climbed 5% to $11.8 billion (11.3 billion euros) in the three months to May. The SAP rival made the announcement after the U.S. stock market closed on Monday. On the bottom line, Oracle earned $3.2 billion, significantly less than in the same period last year, but more than experts had predicted. The company also significantly exceeded market forecasts in terms of revenue. The share price initially reacted positively to the figures in after-hours trading.
EPS: ๐ฉ $1.38 expected vs $1.54 published; difference: 11.25
Revenue: ๐ฉ $11.67 billion expected vs $11.84 billion published; variance: 1.43 %
Source: https://bit.ly/3HmJJQ0
๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
๐ฉ TOP $9901 (-1,27ย %) 1,94 โฌ (๐ผ +19,08%)
๐ฅ FLOP $SWAV 162,63โฌ (๐ฝ -8,89%)
๐ฅ Most searched $AMZN (+0,32ย %) , 98,82 โฌ (๐ผ 0,63%)
๐ฅ Most searched $AMZN (+0,32ย %) , 98,82 โฌ (๐ผ 0,63%)
๐ฉ S&P500, 3,758.54 (๐ผ +0.24%)
๐ฅ DAX, 13,358.83 (๐ฝ -0.53%)
๐ฅ $BTC (-0,08ย %) โฟ, 21.557,71 โฌ (๐ฝ -0,03%)
Time: 16:50 CEST
๐ฆ๐ฎ๐ฑ ๐๐ฎ๐ฐ๐:
Every year, EU money flows into funding projects all over Europe. However, the money doesn't always get to where it should. According to the EU's Olaf agency, more than 527 million euros were misused or misappropriated in the EU last year - almost twice as much as in the previous year.
Source: https://bit.ly/3tXy7O7