๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ฌ๐ฐ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ๐ฎ
Hello getquin,
today the quarterly results of Airbnb, Starbucks, Moderna and Uber were presented. We also talk about Meta, oil and Twitter.
๐๐ฒ๐๐๐๐ฐ๐ต๐น๐ฎ๐ป๐ฑ๐ฉ๐ช:
1. ๐๐ฆ๐ต๐ข ๐ด๐ต๐ฆ๐ฉ๐ต ๐ท๐ฐ๐ณ ๐ฆ๐ช๐ฏ๐ฆ๐ณ ๐ซ๐ข๐ฉ๐ณ๐ฆ๐ญ๐ข๐ฏ๐จ๐ฆ๐ฏ ๐ด๐ต๐ณ๐ฆ๐ฏ๐จ๐ฆ๐ณ๐ฆ๐ฏ ๐๐ข๐ณ๐ต๐ฆ๐ญ๐ญ๐ข๐ถ๐ง๐ด๐ช๐ค๐ฉ๐ต ๐ช๐ฏ ๐๐ฆ๐ถ๐ต๐ด๐ค๐ฉ๐ญ๐ข๐ฏ๐ฅ
Meta is the next tech giant to fall under a special anti-competitive abuse control regime in Germany. The designation, which is valid for five years, empowers the regulator, the Bundeskartellamt (BKartA), to respond more quickly to competition concerns related to Meta's activities by imposing operational conditions to correct antitrust violations.
๐ฅ US30303M1027, โฌ198.50 (๐ฝ -0.85%)
More on Meta and antitrust oversight: https://tcrn.ch/38Pwl9I
๐๐๐ฟ๐ผ๐ฝ๐ฎ๐:
1. oil๐ญ๐ฑ๐ณ๐ฆ๐ช๐ด๐ฆ ๐ด๐ต๐ฆ๐ช๐จ๐ฆ๐ฏ
Oil prices jumped Wednesday as the European Union, unveiled plans to phase out imports of Russian crude, offsetting demand concerns from China, the main importer. Brent crude futures rose $3.99, or 3.8%, to $108.96 a barrel. West Texas Intermediate crude futures rose $4.05, or 4%, to $106.46 a barrel.
๐ฉ Oil price in dollars (Brent) per barrel, $108.93(๐ผ +3.35%).
More on the reasons for rising oil prices here: https://reut.rs/3LNNdN0
๐ช๐ฒ๐น๐๐๐๐:
1. ๐๐ถ๐ด๐ฌ ๐ด๐ข๐จ๐ต, ๐ฅ๐ข๐ด๐ด ๐๐ฏ๐ต๐ฆ๐ณ๐ฏ๐ฆ๐ฉ๐ฎ๐ฆ๐ฏ ๐ถ๐ฏ๐ฅ ๐๐ฆ๐จ๐ช๐ฆ๐ณ๐ถ๐ฏ๐จ๐ฆ๐ฏ ๐ฎรถ๐จ๐ญ๐ช๐ค๐ฉ๐ฆ๐ณ๐ธ๐ฆ๐ช๐ด๐ฆ ๐งรผ๐ณ ๐ฅ๐ช๐ฆ ๐๐ถ๐ต๐ป๐ถ๐ฏ๐จ ๐ท๐ฐ๐ฏ ๐๐ธ๐ช๐ต๐ต๐ฆ๐ณ ๐ฃ๐ฆ๐ป๐ข๐ฉ๐ญ๐ฆ๐ฏ ๐ฎรผ๐ด๐ด๐ฆ๐ฏ
Elon Musk has said that businesses and governments will soon have to pay a "small cost" to use Twitter, just weeks after announcing that he plans to buy the social media platform for $44 billion. The tech billionaire, who is also CEO of Tesla and SpaceX, added in a post late Tuesday that the platform will continue to be free for "casual users." It's unclear how much Musk wants to charge businesses and governments, or whether certain groups such as nonprofits and journalists will be exempt from fees.
๐ฅUS90184L1026, PRICE (๐ผ๐ฝ -0.93%)
Interested in the consequences? https://cnb.cx/3w70zwY
๐ค๐๐ฎ๐ฟ๐๐ฎ๐น๐๐๐ฎ๐ต๐น๐ฒ๐ป:
Apartment rental company Airbnb is making a strong comeback after its business slumped during the Corona crisis. In the first quarter of 2022, revenues grew 70 percent year-on-year to $1.5 billion (โฌ1.4 billion), the company reported after the US close.
LPS: ๐ฉ-0.24$ expected vs -0.01$ reported; variance: +94.23%.
Revenue: ๐ฉ$1.45bn expected vs $1.51bn reported; variance: +3.89%
Source: https://bit.ly/3KCAZoY
Starbucks on Tuesday lifted its fiscal 2022 forecast as covid closures in China hurt international sales. Still, strong demand in the U.S. offset sharp declines in China, and the company's quarterly revenue beat Wall Street estimates. Shares rose 5% in extended trading after the report.
EPS: ๐ฅ $0.6 expected vs $0.59 reported; variance: -0.88%.
Revenue: ๐ฉ $7.6 billion expected vs $7.64 billion reported; variance: +0.44%
Source: https://cnb.cx/3KKzSUd
Uber reported rising first-quarter revenue on Wednesday. The ride-sharing company said it has recovered from its coronavirus slump and does not need to make "significant" investments to keep drivers on the platform. However, the company also reported a $5.9 billion loss, largely due to the revaluation of investments. Shares fell more than 10% after the stock market opened.
LPS: ๐ฉ$-0.11 expected vs $-0.10 reported; variance: +15.79%.
Revenue: ๐ฉ $6.1 billion expected vs $6.85 billion reported; variance: +12.31%
Source: https://cnb.cx/3KWxOc1
Moderna sold $5.9 billion of its Covid vaccine in the first quarter, beating revenue and profit expectations. Shares of the biotech company rose more than 7% in premarket trading Wednesday. Moderna maintains its full-year guidance of $21 billion for the Covid vaccine.
EPS: ๐ฉ$5.21 expected vs $8.58 reported; variance: +64.68%.
Sales: ๐ฉ $4.62 billion expected vs $6.07 billion reported; variance: +12.31%
Source: https://cnb.cx/384Pd4K
๐ฆ๐๐ผ๐ฐ๐ธ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
๐ฉ TOP, $SBUX (+3,28ย %) Starbucks Corp (๐ผ+5.45%).
๐ฅ FLOP, $AKAM (+2,32ย %) Akamai Technologies Inc (๐ฝ-11.96%)
๐ฉ Most searched, $BAS (+1,22ย %) BASF SE (๐ผ+3.38%)
๐ฉ Most traded, $BAS (+1,22ย %) BASF SE (๐ผ+3.38%)
๐ฅ S&P500 (๐ฝ-0.42%)
๐ฅ DAX (๐ฝ-0.17%)
๐ฉ $BTC (+0,27ย %) Bitcoin โฟ, $38,775.00 (๐ผ+2.79%)
FunFact of the day: if you bought Microsoft stock for $100 in 1986, it would be worth about $46,400 today.
What's your take on the quarterly numbers? What do you think of Musk's plan?
