Market (@MarketNewsUpdate) en getquin

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟵.𝟬𝟲.𝟮𝟬𝟮𝟮

Hello getquin,

today is about the beginning of summer, Nio's numbers and VW!

𝗘𝘂𝗿𝗼𝗽𝗮🌍:

1. 𝘞𝘪𝘳𝘵𝘴𝘤𝘩𝘢𝘧𝘵 𝘥𝘦𝘳 𝘌𝘶𝘳𝘰𝘻𝘰𝘯𝘦 𝘸𝘶𝘤𝘩𝘴 𝘪𝘮 1. 𝘘𝘶𝘢𝘳𝘵𝘢𝘭 𝘴𝘤𝘩𝘯𝘦𝘭𝘭𝘦𝘳 𝘢𝘭𝘴 𝘶𝘳𝘴𝘱𝘳ü𝘯𝘨𝘭𝘪𝘤𝘩 𝘨𝘦𝘴𝘤𝘩ä𝘵𝘻𝘵

The eurozone economy grew faster than initially estimated in the first quarter, despite the spread of the Omicron coronavirus and the Ukraine war. That's according to a final estimate for the period from the EU's statistics agency, Eurostat.

In the 19 countries that use the euro as their currency, eurozone gross domestic product grew 0.6% in the first three months of the year compared with the previous quarter, Eurostat said Wednesday. That's up from the second estimate of 0.3% for the period and exceeds the previous quarter's 0.2% increase. Economists surveyed by The Wall Street Journal expect the economy to grow 0.3% in the first quarter.

More on growth: https://on.mktw.net/3H6yISG

2. 𝘚𝘰𝘮𝘮𝘦𝘳𝘣𝘦𝘨𝘪𝘯𝘯 𝘴𝘵𝘪𝘮𝘮𝘵 𝘉𝘦𝘪𝘦𝘳𝘴𝘥𝘰𝘳𝘧 𝘱𝘰𝘴𝘪𝘵𝘪𝘷

Cosmetics group Beiersdorf has raised its sales forecast due to increased demand for sunscreen products. According to Vincent Warnery, the company's chief executive, its main brand Nivea performed exceptionally well in the second quarter, with skin care outperforming body care. According to him, sunscreen and facial care products were at the forefront of the trend.

The executive reiterated its guidance for mid-single-digit organic sales growth this year. Warnery added that growth would be at the "upper end" of expectations. The operating return on sales (Ebit margin) will be 13%, the same as last year, as previously reported.

🟩 $BEI (+1,28 %) (🔼 +4,03%)

Click here for the article: https://bit.ly/3aLZrrP

𝗔𝗺𝗲𝗿𝗶𝗸𝗮 🌏:

2. 𝘝𝘞 𝘦𝘳ö𝘧𝘧𝘯𝘦𝘵 𝘉𝘢𝘵𝘵𝘦𝘳𝘪𝘦𝘭𝘢𝘣𝘰𝘳 𝘪𝘯 𝘊𝘩𝘢𝘵𝘵𝘢𝘯𝘰𝘰𝘨𝘢

The ID.4's new batteries will have to take a beating. The new electric SUV is expected to boost Volkswagen's long-slumping sales in the United States. The German carmaker doesn't need problems with the power storage system, which have forced competitors to issue recalls from time to time. That's why the company is conducting on-site tests.

VW on Wednesday inaugurated a 32,000-square-foot, $22 million battery lab in Chattanooga, Tennessee. VW North America CEO Scott Keogh says the goal is to develop battery expertise in-house.

🟥 $VOW3 (+1,09 %) (🔽 -1,78 %)

More on the new lab here: https://bit.ly/3xB0iV7

𝗦𝗽𝗲𝘇𝗶𝗮𝗹:

𝘍𝘢𝘤𝘦𝘣𝘰𝘰𝘬'𝘴 𝘢𝘭𝘵𝘦𝘳 𝘍𝘉-𝘚𝘵𝘰𝘤𝘬-𝘛𝘪𝘤𝘬𝘦𝘳 𝘸𝘪𝘳𝘥 𝘨𝘦ä𝘯𝘥𝘦𝘳𝘵

The company formerly known as Facebook (FB) will no longer use the "FB" symbol it has had since going public in 2012. Instead, it will start trading under the new symbol "META" on Thursday.

🟥 Still: $FB (+0,15 %) (🔽 -2,06 %)