getquin Daily Summary 18.08.2022
Hello getquin,
today is about Rheinmetall, Chile's GDP and Chinese automakers. The quarterly figures are about Adyen!
Europe🌍:
1st Rheinmetall chief has first interested parties for around 500 Panther main battle tanks
Following the surprise unveiling of the new "Panther" main battle tank in June, Rheinmetall CEO Armin Papperger is now noting high demand. "By 2030, around 1000 of the 8000 main battle tanks in Europe will be replaced. We intend to supply at least half of these, or around 500, with the new Panther," said Armin Papperger. So far, he said, the model has been offered to representatives from more than 20 nations.
Click here for the company's plans: https://bit.ly/3K32yJc
🟥 $RHM (+1,9 %) (🔽 -1,31%)
America🌏:
2. Chile's GDP growth is below estimates
Chile's economy grew 5.4% in the second quarter of 2022 from a year earlier, central bank data showed Thursday. Growth was driven by the services sector but was below expectations of economists polled by Reuters, who had expected a 5.7% increase.
The central bank said in a report that data varied across sectors. Personal care and transportation drove growth in the services sector, while mining and agriculture declined on an annual basis.
Read more here: https://reut.rs/3A45IrG
Asia🌏:
3rd Chinese automakers aim to conquer Europe
Two major Chinese automakers have now announced their entry into the German market: BYD and Great Wall Motor will launch their first electric cars on the German market in early 2023. The prices are a fighting declaration, the technical specifications are impressive. Models like BYD's Seal can be had in China for as little as 32,000 euros.
The largest Chinese manufacturer of electric vehicles, BYD, will explain its European strategy for two days starting Monday in The Hague. The automobiles are probably just the beginning. According to Ralf Gaydoul, a partner at management consultancy Horváth, the first Chinese manufacturer could set up its own plant in Europe, if not Germany, in three years.
Into the depot or the garage? https://bit.ly/3dHoePf
🟥 $1211 (-0,37 %) (🔽 -1,55%)
🟥 $2333 (-3,34 %) (🔽 -4,34%)
Quarterly figures:
🚖 Adyen $ADYEN (+1,87 %)
Shares in Adyen slumped 11.1 percent. The Dutch payment service provider had performed worse than expected in the first half of the year. The company missed analysts' expectations in several aspects at once. Operating profit was even below the figure in the second half of 2021.
Quarterly revenue (Q1+Q2): 🟥 €608.5 million published; variance: €-79.5 million.
Source: https://bit.ly/3A3fJpe
Stocks of the day:
🟩 TOP $CSIQ (+5,55 %) 46,34 (🔼 +19,05%)
➡️ Canadian manufacturer of solar modules
👍 Unknown
🟥 FLOP $TXG (+7,76 %) 38,47 € (🔽 -8,49%)
➡️ Medical research
👎 Published report
🟥 Most searched $BBBY 17,21 € (🔽-7,02%)
🟥 Most traded $BBBY 17,21 € (🔽-7,02%)
🟩 S&P500, 4,276.73 (🔼 +0.051%)
🟩 DAX, 13,672.73 (🔼 +0.34%)
🟩 bitcoin ₿, 23,130.80 (🔼 +0.87%)
Time: 16:45 CEST
Fun Fact:
In iPhone commercials, the time is always 9:41am or 9:42am because Apple events start at 9am and big product reveals usually happen 40 minutes after the event starts!
