Sunrun

Sunrun
$RUN (+1,97 %) announced last night a partnership with Tesla Electric
$TSLA (+1,93 %) to support the development of the energy system in Texas 🇺🇸.

16.07.2024 +++ Apple increases sales in India +++ Hugo Boss lowers forecast +++ Netflix with new price target +++ SMC joins the NASDAQ 100 +++ Solar sector under pressure +++

Jefferies raises target for NETFLIX $NFLX (+0,92 %) to USD 780 (655) - 'BUY'

SolarEdge $SEDG (+3,47 %) Technologies lost around 9% after the company announced plans to lay off 400 employees to restore profitability at a time of declining revenues. Other solar stocks fell, with Sunrun $RUN (+1,97 %) and Sunnova Energy $NOVA (+6,25 %) recently falling by more than 6 % each. Nextera Energy $NEE (-0,01 %) slipped by 2%. Joe Biden stood for this sector, but he has not delivered on his promises in recent years. Now that he is losing more respect and Trump is further ahead, this is reflected in the sector!

Apple $AAPL (+1,1 %) achieved a new record turnover of 8 billion dollars in India in the past financial year. The 33 percent year-on-year increase is in line with the increased attention Apple is paying to the Indian market, writes the agency. The iPhone manufacturer is benefiting from the increased purchasing power of Indians and has set its sights on the country as a production location and source of revenue beyond China against the backdrop of growing tensions in trade with the USA.

Hugo Boss lowers annual forecast below market expectations - weak quarter

The fashion retailer Hugo Boss $BOSS (+1,12 %) is more pessimistic about the year as a whole after a disappointing second quarter. The company announced late Monday evening that it only expects sales to increase by one to four percent to 4.20 to 4.35 billion euros in 2024. This means that the upper end of the range is below the market expectation of 4.37 billion euros. Previously, Hugo Boss had expected an increase in sales of three to six percent. In its new forecast, the company assumes that currency effects will have a slightly negative impact on sales development in 2024.

Tuesday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

Clinica Baviera EUR 1.57

Quarterly figures / company dates USA / Asia

00:30 Rio Tinto Operation Report 2Q

11:55 Unitedhealth Group quarterly figures

12:45 Bank of America quarterly figures

13:30 Morgan Stanley quarterly figures

13:30 State Street quarterly figures

14:00 Alco Extraordinary General Meeting

Quarterly figures / Company dates Europe

07:30 Richemont Trading Update 1Q

17:45 Vinci Q2 sales

19:00 Telekom Austria quarterly figures

Economic data

• 10:00 EU: ECB, Quarterly Lending Report 2Q
• 11:00 EU: Trade Balance May
• 11:00 DE: ZEW Indicator of Economic Sentiment July FORECAST: 41.0 points previously: 47.5 points Economic situation FORECAST: -75.5 points previously: -73.8 points
• 14:30 US: Retail Sales June FORECAST: -0.2% yoy previous: +0.1% yoy Retail Sales ex Motor Vehicles FORECAST: +0.1% yoy previous: -0.1% yoy
• 14:30 US: Import and Export Prices June Import Prices PROGNOSE: -0.1% yoy previous: -0.4% yoy
• 16:00 US: Inventories May PROGNOSE: +0.5% yoy previous: +0.3% yoy

Your opinions

A few thoughts on Sunrun.

https://www.sotrawo.com/post/sunrun-nur-f%C3%BCr-starke-nerven?fbclid=IwAR3E2A7fzHEaVLll53s09FjrCGAiYrPoKeuYsMxmB9o8EJcGRiQbpA229JQ

Let's see what the largest position from the Clean Energy etf can do 🧐

Sells , installs and maintains solar energy systems primarily for private homes.