DNU

Krispy Kreme

US50101L1061

DNUT

DNUT

getquin Daily Summary 17.08.2022

Hello getquin,

today it's all about Adidas, Musk and Target's quarterly numbers!

Europe🌍:

1. Adidas is hiring

Sportswear from Adidas is one of Germany's most important export goods. Around 8,000 of the more than 61,000 employees at over 70 locations worldwide work directly for Adidas AG. Employees benefit from various advantages such as employee discounts, share programs or parent-child offices.

Adidas is on the lookout and in July there were more than 1700 open positions worldwide, 360 of them in Germany. Especially strong digital skills can score points at the well-known sports company.

New job? https://bit.ly/3dBCRnc

🟥 $ADS (+1,79 %) (🔽 -1,43%)

America🌏:

2nd Musk's tweet about buying Manchester United

Elon Musk, the world's richest man, briefly brightened the spirits of Manchester United shares and fans on Wednesday when he tweeted that he wanted to buy the English soccer club - only to say a little later that it was all part of a "long-standing joke."

The "Red Devils," one of the most successful soccer clubs in the world, are in last place in the English Premier League. After eight coaching changes in less than a decade, some fans and investors are wondering if it's time for the club's owners, the American Glazer family, to sell.

Read more of this tweet: https://reut.rs/3zV3k6A

🟩 $MANU (-0,48 %) (🔼 +1,87%)

Quarterly figures:

🛒 Target $TGT (+1,37 %)

Target announced Wednesday that its quarterly profit fell nearly 90% from a year earlier. The retailer made good on its warning that steep markdowns on merchandise it no longer needs would weigh on earnings.

The major retailer missed Wall Street's expectations by a wide margin, even after the company itself lowered its forecasts twice.

EPS: 🟥 $0.72 expected vs $0.39 released; difference: -45.47%

Revenue: 🟥 $26.07 billion expected vs $26.04 published; variance: -0.11%

Source: https://cnb.cx/3weAYTJ

Stocks of the day:

🟩 TOP $BBBY 25,17 € (🔼 +25,98%)

➡️ Retailer

👍 Shares short the Reddit group #wallstreetbets

🟥 FLOP $DNUT (+0 %) 12,50 € (🔽 -12,28%)

➡️ quick service restaurant chain

👎 Quarterly figures

🟥 Most searched $BBBY 170,41 € (🔽 -0,26%)

🟩 Most traded $BBBY
24,94 € (🔼 26,33%)

🟥 S&P500, 4,272.51 (🔽 -0.76%)

🟥 DAX, 13,669.53 (🔽 -1.73%)

🟥 bitcoin ₿, 22,982.00 (🔽 -2.03%)

Time: 16:45 CEST

Fun Fact:

Did you know that if you add "/4" to the end of Facebook's URL, you'll land on Mark Zuckerberg's profile?

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗜𝗣𝗢𝘀 🔔

Volvo Cars has had to scale back its ambitions. The carmaker, owned by the Chinese group ($GRU (+3,56 %)), will be listed on the Stockholm stock exchange on October 29 at a price of 53 Swedish kronor (5.3 euros) per share. On the occasion of this IPO, Volvo Cars should raise gross proceeds of about 20 billion Swedish kronor (2 billion euros), while it was previously expected to raise about 25 billion kronor

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Ex-dividend date: Antero Midstream ( $AM (-2,25 %) ), Clorox ($CXX (-0,81 %)), AptarGroup, Inc ( $AGT (+2,07 %) ), Commercial Metals Company ( $CMS (+4,59 %) ), Krispy Kreme, Inc ( $9YM (+0 %) ), Entegris, Inc ( $ENQ (+4,4 %) ), Infosys Technologies ( $IOY (+0,49 %) ) und Prospect Capital ( $RK8 (+0,82 %) )

𝗖𝗵𝗶𝗳𝗳𝗿𝗲𝘀 𝘁𝗿𝗶𝗺𝗲𝘀𝘁𝗿𝗶𝗲𝗹𝘀 📈

Today 3M ( $MMM (+0,41 %) ), Aphabet ( $ABEA (+0,99 %) ), Canon ( $CNNA (+2,03 %) ), Capital One ( $CFX (+4,58 %) ), General Electric ( $GCP (+0,91 %) ), Hasbro ( $HAS (-0,39 %) ), Hitachi Construction Machinery ( $HTCMY ), IDEX ( $ID7 (+1,99 %) ), Lockheed Martin Corp ( $LOM (-0,72 %) ), Logitech ( $LTEC (+0,79 %) ), Microsoft ( $MSF (+1,09 %) ), Novartis ( $NOTA (+0 %) ), Texas Instruments ( $TII (+3,02 %) ), Twitter ( $TWR ), UBS ( $UBRA (+1,25 %) ), UPS ( $UPAB (-1,9 %)) and Visa ( $3V64 (-1,68 %) ) present their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Tesla ( TL0) - After the car rental company "Hertz" ordered 100,000 Tesla electric cars by the end of 2022, Tesla's stock price reached a level of more than 1,000 US dollars. This transaction brought Tesla's stock value to more than US$1 trillion. By May 2021, the stock was still below 600 euros.

Automotive industry: The German automotive industry is now facing a shortage of magnesium. Magnesium is mainly needed for the alloying of aluminum. The supply shortage is due to energy saving measures in China, which have resulted in a reduction of magnesium production. China's market share, which represents 95% of European magnesium supply, is problematic. Some companies only have magnesium stocks until November, so experts are warning of a possible production shutdown.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

MasterCard () - In collaboration with Bakkt, the payment service provider is integrating crypto-currencies into its system. This would allow more than 2 billion customers to access a wide range of cryptocurrencies and they could even earn additional rewards in bitcoin or similar.

In this context, Bakkt will take over the custody of crypto assets. Since the announcement of this project, Bakkt's share price has already increased by about 470%.

Crypto-currency fraud campaign - YouTube channels are currently being hijacked by hacking creators with fake cooperation requests, according to Threat Analysis Group. After the channels are taken over, they are either sold or used for livestreaming crypto-currency fraud. This campaign can be attributed to a group of Russian hackers.