Stora EnsoFI0009005961STERVSTERV
𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟮𝟮.𝟬𝟰.𝟮𝟬𝟮𝟮
Hello getquinners!
It’s been a turbulent start to the week, so let’s see how the rest of it goes :
𝗦𝗽𝗲𝗰𝗶𝗮𝗹 - 𝗙𝗿𝗮𝗻𝗰𝗲🇫🇷:
1. French elections
On Sunday, the French presidential elections will be drawing to a close. This year, there were 12 candidates, including Emmanuel macron and Marine Le Pen. Macron belongs to the liberal political party “La République en Marche” and Le Pen to the right-wing populist party “Rassemblement National”. In 2017 voter participation was at 77%. The two parties with the most votes enter the second round, and it is in this round that the winner is chosen as France’s head of state for five years. Re-election is only possible once. Candidates must have at least 500 signatures from elected representatives, coming from at least 30 departments, including overseas territories. With this, they can both join and represent a party, as well as run independently
The winner of this election will be France’s head of state for a period of 5 years.
🟥 $EWQ (+2,42 %) iShares MSCI France ETF, $34.45 (🔽-0.58%)
More on the elections with Handelsblatt, as well as possible implications and the importance of this election: https://bit.ly/3rJozVH
𝗪𝗲𝗹𝘁🌎🌏🌍:
2. Stripe jumps into crypto
Online payments unicorn, Stripe, have made the leap into cryptocurrencies by introducing a feature which would let Twitter $TWTR users be paid in stablecoin. Starting today, this feature will be available to a select group of creators on the Twitter platform. Payments will be in $USDC (-0,52 %) and this will be Stripe’s first push into crypto since dropping support for Bitcoin four years ago.
🟥 $USDC (-0,52 %) USD Coin, $0.9999 (🔽0.17%)
CNBC has more on the story here: https://cnb.cx/36D4Q2x
3. Musk secures funding for Twitter takeover attempt
Tesla $TSLA (+6,49 %) CEO Elon Musk has secured acquisition financing. The billionaire is aiming to take the social media platform Twitter $TWTR private in a deal which would include the “biggest acquisition financing ever put forward for one person”. It would be a majority equity-financed takeover, contrary to most buyouts, as banks do not believe that the San Francisco Twitter $TWTR has enough cash-flow to justify more debt exposure.
🟩 $TWTR Twitter Inc, $45.44 (🔼+5.42%)
Want to know more of the ins and outs of this (potential) deal? https://reut.rs/3v2c9dA
4. Coinbase launches beta version of its NFT marketplace
"ATTN: INTERNET: Our beta is officially live!" - that was the tweet announcing Coinbase's NFT marketplace. The marketplace was announced back in October, and this week the beta testing phase has started. At first glance, the new NFT marketplace looks like a cross between Instagram and Opensea. Collected NFTs can be presented on profiles and you can connect other wallets like Metamask.
Are you interested in the marketplace? Read more about it here: https://www.thestreet.com/crypto/news/coinbase-launches-beta-version-of-nft-marketplace
5. Moonbirds NFTs have made a multi-million dollar debut!
Record-breaking trading volume: Moonbirds NFTs have officially made their debut, showing that they are more than just an avatar. The team sold $300 million in volume in 4 days. The Alpha/Social Club was limited to 1,000 members. Proof's most famous member is Kevin Rose.
Are you NFT lovers? Read more about Moonbirds on https://www.coindesk.com/layer2/2022/04/18/moonbird-nfts-are-a-bet-on-kevin-roses-rep/
6. 15,000 litres of chemicals leaked at Tesla paint shop in Grünheide
The accident in the drinking water protection area in Brandenburg causes protest, associations demand clarification. The Tesla factory opened only a month ago and now there are contradictory statements as to whether the incident occurred inside or outside a building. The company has not yet commented on the accident.
Are you asking for an official statement? Unfortunately, we couldn't find an English source. Read more in German here: https://www.tagesspiegel.de/berlin/havarie-einen-monat-nach-der-eroeffnung-15-000-liter-chemikalien-in-tesla-lackiererei-ausgelaufen-verbaende-fordern-aufklaerung/28262414.html
Stock of the day:
🟩 TOP, $SIVB SVB Financial Group (🔼+13.29%)
🟥 FLOP, $HCA (+0,5 %) HCA Holdings Inc (🔽-15.05%)
🟩 Most searched, $NVDA (+3,67 %) Nvidia (🔼+1.10 %)
🟩 Most traded, $PYPL (+5,3 %) PayPal Holdings Inc (🔼0.47 %)
🟥 S&P500, $4,367.96 (🔽-0.58%)
🟥 DAX, 14,222.61 € (🔽-1.92%)
🟥 $BTC (-0,27 %) Bitcoin ₿, $40,387.80 (🔽-0.24%)
Time: 16:15 CEST
Did you know that the first share, or rather the oldest known preserved share, in the world was for a 12.5% stake in Stora $STERV (+0,49 %) back in 1288?
the shortage of wood worldwide is causing prices to rise. Stora Enso is a (originally paper mill) Scandinavian wood producer with huge areas of land behind it. Have your business model umgestellt....mal watch!
Within a year, the price of lumber has risen nearly 400 percent. 1000 board feet, about 2.36 cubic meters of lumber, currently trades for $1630 on the world market. At the beginning of May 2020, it was still around 330 dollars. The price has therefore increased almost fivefold.
The reasons for the enormous price increases: First, a pest has caused major damage in Canada, the world's largest timber exporter. This shortage is having an impact on the price. Secondly, the Corona pandemic has led to a construction boom worldwide.
