Tesla faces Q1 report with falling sales figures

Tesla $TSLA (+10,24 %) will publish its eagerly awaited Q1 report on Tuesday after the close of trading. Hanging in the air is the question of how CEO Elon Musk and the future of the cheaper electric vehicle are faring. The share has lost around 44% of its value since the start of the year, which is raising eyebrows. At a time when the S&P 500 is perilously close to the bear market threshold and the technology-oriented Nasdaq is already in the bear market zone, expectations for Tesla are particularly high. Trump's trade war tariffs are putting pressure on the automotive industry, and Tesla is not immune.

According to Bloomberg, sales are expected to reach 21.43 billion euros, which is slightly higher than the previous year's figure of 21.3 billion euros. Analysts are pinning their hopes on adjusted earnings per share of 0.44 euros, which corresponds to an adjusted net profit of 1.57 billion euros. However, there are major concerns about demand in the automotive business, as Tesla only delivered 336,681 vehicles in the first quarter - lower than the estimated 390,342 and the weakest quarterly performance since the second quarter of 2022.

Meanwhile, rivals such as BYD $BYDDY (+1,33 %) recorded large sales gains in the same period. Tesla's new registrations also fell in key European regions in March. Musk is facing increasing criticism due to his political activities. In a report, analyst Dan Ives emphasizes the urgent need for Musk to step back from politics and turn his full attention back to Tesla to strengthen the brand.

Boeing sells parts of its digital aviation solutions for 10.55 billion dollars

Boeing $BA (+0,86 %) announced a major decision on Tuesday: The company is selling parts of its digital aviation solutions business to private equity firm Thoma Bravo for $10.55 billion. This move is part of Boeing's strategy to focus on its core competencies while raising capital. The sale includes a range of digital products and services that Boeing has developed in recent years.

This transaction is seen as a critical step for Boeing to improve its financial stability and focus on its core business. The acquisition by Thoma Bravo could also open up new growth opportunities for digital aviation technology. Boeing is demonstrating that it is ready to reposition itself and remain competitive in a rapidly changing market.

Sources:

https://finance.yahoo.com/news/tesla-q1-earnings-loom-with-sliding-sales-musks-doge-role-in-focus-200103382.html

https://finance.yahoo.com/news/boeing-sell-parts-digital-aviation-130900261.html

getquin Daily Summary 06.09.2022

Hello getquin,

the markets are moving back into the green and after a somewhat more action-packed Monday, things are a bit calmer today.

Europe🌍:

1st Porsche IPO at the end of September or beginning of October

The carmakers in Zuffenhausen and Wolfsburg have long pondered when to take Porsche public. Now they have apparently decided on late September or early October. Porsche wants to defy the poor market situation and raise new money, above all to push ahead with digitalization and electrification. The share is to be listed on the stock exchange in Frankfurt.

Read more: https://bit.ly/3qdmTlZ

🟩 $VOW (+0,86 %) 195,03€ (🔼 +4,69%)

America🌏:

2. Triple H becomes Chief Content Officer of WWE

World Wrestling Entertainment Inc. has found a new content chief in wrestler Triple H, who understands the business. Whether he can apply his experience in his new job remains to be seen. But the shareholders are apparently not convinced.

Read more: https://bit.ly/3eqWQ8t

🟥 $WWE 68,02€ (🔽 -0,78%)

Asia🌏:

3. Sony and Tencent continue to buy

Both corporations continue their buying spree, investing in Elden Ring developer FromSoftware. Tencent suffers primarily from the restrictions on the gaming industry in its home market and wants to secure new formats outside of China. Sony, on the other hand, must continue to arm itself in the battle against the XBOX and Game Pass.

Read more: https://cnb.cx/3Qlja0D

🟥 $SONY (-0,45 %) 76,75€ (🔽 -1,92%)

🟥 $TCEHY (+0,92 %) 39,80€ (🔽 -2,57%)

Stocks of the day:

🟩 TOP $DHER (+5,74 %) 44,16€ (🔼 +7,61%)

👍 A positive study by the US bank Morgan Stanley on Delivery Hero gave the sector a boost overall

🟥 FLOP $GME (+1,64 %) 25,59€ (🔽 -8,50%)

👎 A new short squeeze probably does not show up and Gamestop crashes again

🟩 Most searched $ALV (+0,85 %) , 169,72 (🔼 +0,66%)

🟩 Most traded $BYDDY (+1,33 %) , 27,95 (🔼 +1,23%)

🟩 S&P500, 3,932.09 (🔼 +0.25%)

🟩 DAX, 12,867.33 (🔼 +0.83%)

🟩 Bitcoin ₿, 20,032.44 (🔼 +0.70%)

Time: 17:15 CEST

Joke of the Day:

How do you make a small fortune in the stock market?

.

.

.

By bringing a big one!

#MarketNews
#MarketNewsUpdate

What do you currently think of BYD? It has lost a lot of ground. Stay invested? Sell? Or even increase?

getquin Daily Summary 02.09.2022

Hello getquin,

we have reached the last day of the week and you can now look forward to a relaxing weekend, hopefully with good weather. The markets are apparently also happy and give us again green numbers. Have fun reading!

Europe🌍:

1st Lufthansa pilots strike

Lufthansa was recently able to settle the wage dispute with ground staff. Now there is again a reason for flight cancellations, because Lufthansa pilots are on strike. A whole 800 flights are cancelled and about 130,000 passengers do not arrive at their destinations. The pilots want 5.5% more pay and automatic inflation compensation from 2023. Lufthansa counters that it cannot bear the additional costs of around 900 million. However, the strike was apparently already priced into the share price.

SOURCE: https://bit.ly/3Ba8zkO

🟩 $LHA (+1,45 %) 5,94 (🔼 +1,96%)

America🌏:

2. new competition for Amazon

The Stock of the Day of 29.08.2022, e-commerce giant Pinduoduo, wants to snatch market share away from Amazon in the USA. For this purpose, a competitor website was launched under the name "Temu". Pinduoduo apparently wants to learn from SHEIN and ship products directly from China to America. Delivery times are said to be around 8-15 days. Can the website compete with Amazon? What do you guys think?

SOURCE: https://cnb.cx/3q2nFlY

🟩 $PDD (+0,33 %) 71,95 (🔼 +0,5%)

Asia🌏:

3rd SoftBank to lay off 20% of VisionFund employees

After SoftBank posted a $23 trillion loss last quarter, Masayoshi Son now wants to cut costs. A large part of the quarterly loss comes from falling valuations in the VisionFund portfolio. As a result, SoftBank's investment arm is now set to cut about 100 of its 500 jobs worldwide.

SOURCE: https://bloom.bg/3wQWiPn

🟥 $SFTBY (-1,33 %) 39,15 (🔽 -0,45%)

Worldwide🌏:

4th G7 countries want price cap for Russian oil

To counter rising oil prices and also limit Russian revenues, the G7 countries want to decide on a price cap for Russian oil. The idea emerged back in June and is to be discussed in more detail today.

SOURCE: https://bit.ly/3B8HIpd

🟩 Brent oil 95.09 (🔼 +3.16%)

Stocks of the day:

🟩 TOP $UN01 5,65 (🔼 +3,34%)

👍 Uniper is considered a systemically important company and enjoys state aid. The upcoming gas levy will provide additional relief for Uniper, giving investors renewed confidence in the company.

🟥 FLOP $BYDDY (+1,33 %) 27,62 (🔽 -6,57%)

👎 The poor quarterly figures of competitors and the exit of Warren Buffet probably continue to weigh on the share.

🟩 Most searched $NVDA (+4,72 %) 141,00 🔼 +0,50%)

🟥 Most traded $BYDDY (+1,33 %) 27,62 (🔽 -6,57%)

🟩 S&P500, 4,015.98 (🔼 +1.24%)

🟩 DAX, 12,994.78 (🔼 +2.89%)

🟩 bitcoin ₿, 20,379.69 (🔼 +0.75%)

Time: 17:00 CEST

Fun Fact:

Did you know that the United States represents 54.5% of the world's equity market capitalization?

#MarketNews
#MarketNewsUpdate

getquin Daily Summary 01.09.2022

Hello getquin,

also today a lot has happened. Not only the fuel discount and the 9-Euro-Ticket expired, but also in the business world there was one or the other new start.

Europe🌍:

1. Oliver Blume's first day at work at VW

Oliver Blume was previously known primarily as CEO of Porsche. As of today, he additionally takes over as CEO at Volkswagen. "Olli" is seen as a people catcher compared to his predecessor and is expected to smooth the rifts between the board and the workforce that were created by the transformation pressure of Herbert Diess. It remains to be seen whether Oliver Blume can do this and at the same time drive forward the tough renewal process.

Read more: https://bit.ly/3AHMDMc

🟥 $VOW3 (+1,74 %) €181,85 (🔽 -1,96%)

America🌏:

2. no more NVIDIA chips for China

$NVDA (+4,72 %) Is getting more and more headwind. If the graphics card and chip manufacturer has profited greatly in recent years, mainly due to the Bitcoin farming hype, the market climate is currently changing. Now the U.S. government has ordered NVIDIA to stop selling chips to China. As a result, NVIDIA may lose up to $400 million in revenue this quarter. The reason for this is probably fears that the chips could be used by the Chinese military.

Read more: https://cnb.cx/3Rqd8MR

🟥 $NVDA (+4,72 %) €137,98 (🔽 -8,15%)

Asia🌏:

3rd Toyota to invest $5.6 billion in battery production

The largest automaker by unit sales is not yet completely convinced of the battery cell trend and has invested heavily in hydrogen fuel cell research in the past. Now, however, the Japanese are investing heavily and want to build battery cell factories in Japan as well as in the USA. Nevertheless, Toyota continues to back the hydrogen fuel cell and wants to advance both technologies in parallel.

Read more: https://cnn.it/3q3jbvm

🟥 $TM (+1,22 %) €147,50 (🔽 -0,67%)

Special: fuel discount and 9-euro ticket

Today is a new start for all car and train drivers, because today the term of the fuel discount and the 9-Euro-Ticket ends. For many, this means more expensive costs for commuting to work again. Both will probably not be available again in the usual form. However, there are already plans for a successor to the 9-euro ticket. The SPD, for example, is in favor of a nationwide 49-euro ticket. How expensive the ticket will be in the end, or whether there will be one at all, remains to be seen. What do you think? Should there be a successor model and how much are you prepared to pay for it?

Read more: https://bit.ly/3wN1cwW

Stocks of the day:

🟩 $SNAP (+1,61 %) €11,07 (🔼 +3,29%)

➡️ Social Media

👍 SNAP lays off approx. 6000 employees

🟥 $NVDA (+4,72 %) €137,98 (🔽 -8,15%)

➡️ Technology

👍 May no longer sell chips to China

🟥 Most searched $BYDDY (+1,33 %) €29,32 (🔽 -4,48%)

🟥 Most traded $NVDA (+4,72 %) €137,98 (🔽 -8,15%)

🟥 $SP500TR 3.915,93 (🔽 -0,99%)

🟥 $GDAXI 12.660,44 (🔽 -1,36%)

🟩 $BTC (+0,04 %) ₿ 20.017,42 (🔼 +0,23%)

Time: 17:30 CEST

Fun Fact:

Investors can trade just five shares on the stock exchange in Phnom Penh, Cambodia. The market capitalization of all companies listed in Phnom Penh was around 480 million euros at the end of March 2019.

#marketnews
#marketnewsupdate

getquin Daily Summary 31.08.2022

Hello getquin,

Today we have again exciting topics for you from the search at J.P. Morgan in Frankfurt to layoffs and crazy market movements at Snapchat.

Europe🌍:

1. investigators search US major bank J.P. Morgan in Frankfurt

JP Morgan wants to cooperate. The background is the Cum-Ex scandal. There are said to be more than 20 defendants, including managers and employees from the compliance department. The term Cum-Ex stands for trading in large blocks of shares with (cum) and without (ex) dividends, which comes from Latin. Those involved had capital gains taxes refunded to them that they had not paid at all. JP Morgan is said to have been involved in classic cum-ex transactions and later also used corresponding models for tax evasion.

Read more: https://bit.ly/3CHK2oj

🟥 $JEDT €114.16 (🔽 -0.24%)

Americas🌏:

2nd Snapchat announces 20% employee layoffs

Snapchat will lay off 20% of its more than 6,000 employees and discontinue several projects, including its Pixy photo drone and Snap Originals premium shows. The company promoted Jerry Hunter, senior vice president of engineering, to chief operating officer. Snapchat recently reported disappointing second-quarter results and said it would not provide guidance for the current quarter.

Read more: https://cnb.cx/3pWFaDY

🟩 $SNAP (+1,61 %) €11.14 (🔼 +11.14%)

Asia🌏:

3rd top Softbank executive resigns

Rajeev Misra, a top SoftBank executive and a key ally of CEO Masayoshi Son, has stepped down from his roles as corporate officer and executive vice president of SoftBank Group. He remains CEO of SoftBank Investment Advisers, the company responsible for the $100 billion Vision Fund, which has made high-profile bets on companies such as Uber. SoftBank's investment strategy has come under fire after a series of bad investments such as WeWork, and the recent slide in tech stocks has hurt the fund's performance. SoftBank's Vision Fund posted a record loss of 3.5 trillion Japanese yen for the fiscal year ended March 31.

Read more: https://cnb.cx/3AE1yH9

🟩 $SFTBY (-1,33 %) €20,01 (🔼 +1,65 %)

Welt🗺️:

4th BYD plunges after Buffett reduces his stake

Hong Kong-listed shares of BYD plunged Wednesday after Warren Buffett's Berkshire Hathaway cut its stake in the Chinese electric carmaker. One fund manager said this could be a warning sign of further developments.

The conglomerate slightly reduced its stake to 19.92% from 20.04%, according to a filing on the Hong Kong Stock Exchange. Berkshire sold 1.33 million BYD shares for about $47 million - the group now owns 218.7 million shares, according to the report. EV maker BYD falls more than 12%, dragging down the Hang Seng Index on Wednesday.

Read more: https://cnb.cx/3KynUym

🟥 $BYDDY (+1,33 %) €30,90(🔼 +3,89 %)

Special:🎤

5. Bed Bath & Beyond shares plummet after memestock submits share offer for undisclosed amount

Shares of Bed Bath & Beyond fell after the meme-stock-turned-retailer said in a filing that it would sell shares for an undisclosed amount. The company also announced $500 million in new financing and plans for layoffs. The stock fell 24% when the market opened Wednesday. The announcement came just hours before Bed Bath & Beyond unveiled a turnaround plan Wednesday to regain the trust of customers, investors and suppliers. Some investors had called for the retailer to capitalize on its meme status by issuing stock to raise much-needed cash.

Read more: https://cnb.cx/3dYe3Wr

🟥 $BBBY €9,51 (🔼 -23,35%)

Quarterly figures:

🚖 Crowdstrike $CRWD (+2,47 %)

EPS: 🟩 $28 cents expected vs $36 cents published

Revenue: 🟩 $516 million expected vs $516 million published

🚖 Hewlett Packard $HPQ (-0,63 %)

EPS: 🟥 $1.05 cents expected vs $0.94 cents published

Revenue: 🟥 $14.9 billion million expected vs $14.7 billion million published

🟥 $EUNL (+0,64 %) €73.62 (🔽 -0.25%)

🟥 $TSLA (+10,24 %) €274.83 (🔽 -1.26%)

🟥 $SP500TR 3.985,56 (🔽 -0,010 %)

🟥 $GDAXI 12.929,62 (🔽 -0,23 %)

🟩 $BTC (+0,04 %) ₿, €19.986,32 (🔼 +0,63%)

Time: 17:30 CEST

Joke of the day:

'I won $3 million on the lottery this weekend so I decided to donate a quarter of it to charity. Now I have $2,999,999.75.'

#marketnews
#marketnewsupdate

getquin Daily Summary 30.08.2022

Hello getquin,

here is again your daily collection of news, useless and sometimes useful facts and everything that could be related to stocks. Today the market was not so positive. In addition to news on European stocks, today we have an all-round view with Asia and America. Write in the comments, how it was today so about your portfolio.

Europe🌍:

1. German inflation rate reaches 7.9%, the highest level in 50 years

Sharp price increases for energy and food have pushed the inflation rate in Germany to its highest level in almost 50 years. According to calculations by the Federal Statistical Office, consumer prices in May were 7.9 percent higher than in the same month last year.

This meant that the inflation rate in Europe's largest economy remained above the seven percent mark for the third month in a row. From April to May 2022, prices rose by 0.9 percent. The Wiesbaden-based statisticians confirmed their preliminary data from the end of May on Tuesday.

Read more: https://bit.ly/3wG6jz7

🟩 $GDAXI 12.957,92 (🔼 +0,50 %)

America🌏:

2nd Elon Musk invokes whistleblower claims in latest attempt to kill Twitter deal

Elon Musk filed another notice Tuesday to end the Twitter acquisition, citing more reasons. Twitter shares fell more than 1% in premarket trading.The latest filings come after Twitter's former security chief Peiter "Mudge" Zatko earlier this month alleged "extreme, egregious deficiencies" by the social media company in privacy, security and content moderation. Twitter said Musk's latest termination attempt was "invalid and unlawful" under the acquisition agreement.

Read more: https://cnb.cx/3cr3M4Y

🟥 $TWTR €39,62 (🔽 -2,05 %)

Asia🌏:

3. concern about the impact of covid restrictions in China's major business centers.

Concern is growing over the tightening of covid restrictions in several major Chinese cities as authorities lock out millions of citizens in Shenzhen and Dalian.

The measures have added to uncertainty and concern about China's shaky economy. Analysts believe that tightening restrictions in major economic centers such as Shenzhen, Dalian and Chengdu in the southwest could have a far more serious impact than the lockdowns in smaller centers.

The new measures, planned for only a few days for now, reflect China's insistence on its "dynamic zero covid" policy of suppressing any outbreak as soon as it occurs.

"Markets could come under renewed pressure in the coming weeks, which would likely trigger another round of cuts by economists on the street," Nomura warned in a note Tuesday, highlighting the importance of cities such as the southern tech hub of Shenzhen.

Read more: https://bit.ly/3AXbMUw

🟥 $XCH $18,48 (🔽 -2,17%)

Welt🗺️:

4th Battle of the Chip Giants

An exciting day for all owners of chip and graphics card stocks. It seems like one company is trying to top the other with announcements.

AMD's CEO Lisa SU announced today that AMD will introduce four new architectures in the next few quarters, the first of which will launch as early as next month and is expected to surpass even Intel's powerhouse Core I9 in terms of gaming speed.

Shortly after, Nvidia announced a new data center solution in partnership with Dell. The data center is said to work at the forefront of AI innovation. The announcement said the two companies will provide "cutting-edge AI training, AI inference, data processing, data science and zero-trust security capabilities to enterprises around the world."

Nonetheless, the news was not reflected in stock performance, and both stocks slumped more than 3%.

🟥 $AMD (+2,72 %) €86,10 (🔽 -3,13 %)

🟥 $NVDA (+4,72 %) €154,02 (🔽 -3,07%)

Special:🎤

Today is the 92nd birthday of Warren Buffet.

🟥 $BRK.A (+0 %) €432,500.00 (🔽 -1,14%)

Stocks of the day:

🟩 $PAH3 €72,74 (🔼 +4,06%)

👍 The planned IPO of VW's sports car subsidiary Porsche AG continues to drive the share price and puts investors in a positive mood. In particular, the securities of Volkswagen Group holding Porsche SE continued their price rally, following the new speculation that had arisen on Friday about the valuation of Porsche AG.

🟥 $BYDDY (+1,33 %) €63,93 (🔽 -8,33%)

👎 In addition to increasing lockdown concerns, a report by the U.S. news agency Bloomberg massively weighs on the price of the papers of the Chinese e-car manufacturer and Tesla rival. According to rumors, star investor Warren Buffett could sell his shares in BYD.

🟥 Most searched
$ALV (+0,85 %) €170,08 (🔽 -0,15%)

🟥 Most traded
$BBBY €12,86 (🔽 -5,3%)

🟥 $SP500TR 2.987,96 (🔽 -1,06%)

🟩 $GDAXI 12.937,49 (🔼 +0,35%)

🟥 $BTC (+0,04 %) ₿, €19.758,54 (🔽 -2,48%)

Time: 17:00 CEST

Lesson of the day:

Lucid $LCID (+1,86 %) today filed for a "mixed shelf offering" of up to $8 billion. But what is that anyway?

A shelf offering is a Securities and Exchange Commission (SEC) provision that allows a stock issuer (such as a company) to register a new issue of securities without having to sell the entire issue at once. Instead, the issuer can sell portions of the issue over a three-year period without having to re-register the security or pay penalties.

#marketnews
#marketnewsupdate