𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟮𝟳.𝟬𝟱.𝟮𝟬𝟮𝟮

Hello getquin,

have a great start to the weekend! Today we have Toyota, Gap and two quarterly results. In addition, the production of the Ferrero factory in Belgium runs again from June.

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𝗘𝘂𝗿𝗼𝗽𝗮🌍:

1. 𝘍𝘦𝘳𝘳𝘦𝘳𝘰-𝘍𝘢𝘣𝘳𝘪𝘬 𝘧ä𝘩𝘳𝘵 𝘯𝘢𝘤𝘩 𝘚𝘢𝘭𝘮𝘰𝘯𝘦𝘭𝘭𝘦𝘯-𝘈𝘶𝘴𝘣𝘳𝘶𝘤𝘩 𝘸𝘪𝘦𝘥𝘦𝘳 𝘩𝘰𝘤𝘩

Ferrero plans to reopen the factory in Arlon, Belgium, that was responsible for the salmonella outbreak following an international recall of children's chocolate products. "We have been working to restart from June 13 in order to resume production as soon as possible," Nicolas Neykov, managing director of Ferrero France, told Le Parisien on Friday. Belgian authorities received a hygiene plan in early May. A thousand people are working hard to prepare for the resumption of production. The 10,000 parts of the factory have been removed and cleaned piece by piece.

More on the resumption: https://bit.ly/3LNDmpn

𝗔𝘀𝗶𝗲𝗻🌏:

2. 𝘛𝘰𝘺𝘰𝘵𝘢 𝘣𝘳𝘦𝘮𝘴𝘵 𝘦𝘳𝘯𝘦𝘶𝘵 𝘗𝘳𝘰𝘥𝘶𝘬𝘵𝘪𝘰𝘯

Toyota $7203 (-3,69 %) , the world's largest automaker, has cut its global production for the second time this week due to logistical difficulties caused by the Shanghai shutdown. The Japanese company announced in June that it would produce 800,000 vehicles, 50,000 fewer than previously expected. Due to the chip shortage, Toyota announced Tuesday it would cut production by 100,000 vehicles per month from June to August. The ongoing chip shortage, pandemic containment measures and other circumstances would make it difficult to predict the future, it said. Nevertheless, Toyota is on track to meet its target of producing 9.7 million vehicles worldwide by March 2023.

🟩 $7203 (-3,69 %) (🔼 +0,08%)

Click here for info: https://bit.ly/3sZZuGq

𝗔𝗺𝗲𝗿𝗶𝗸𝗮 🌏:

3. 𝘎𝘢𝘱-𝘈𝘬𝘵𝘪𝘦 𝘴𝘵ü𝘳𝘻𝘵 𝘸𝘦𝘨𝘦𝘯 𝘳𝘦𝘥𝘶𝘻𝘪𝘦𝘳𝘵𝘦𝘮 𝘈𝘶𝘴𝘣𝘭𝘪𝘤𝘬 𝘶𝘮 20% 𝘢𝘣

Shares of Gap $GPS (-15,52 %) fell more than 19% in premarket trading Friday after the apparel and accessories retailer lowered its full-year adjusted earnings per share forecast, missing consensus estimates. Gap reported a first-quarter loss per share of 44 cents, while analysts had expected a loss per share of 14 cents. Net sales were $3.48 billion, above analysts' expectations of $3.46 billion. Total comparable sales declined 14% in the first quarter, while analysts had expected a decline of 9.93%. Gap's global comparable sales fell 11%, while analysts had expected a 3.2% decline. As a result, Morgan Stanley downgraded to Underweight 6 weeks after the upgrade to EW.

🟩 $GPS (-15,52 %) (🔼 +9.89%)

Get in on Gap now? https://bit.ly/3PLneYG

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻:

𝘈𝘭𝘪𝘣𝘢𝘣𝘢 𝘎𝘳𝘰𝘶𝘱 $BABA (-11,5 %)

Alibaba's stock is among the day's winners on Thursday afternoon. It gained 10.9 percent to EUR 85.65 in XETRA trading on Thursday.

EPS: 🟥7.17 CNY expected vs 0.99 CNY reported; variance: -86.20%.

Revenue: 🟩 CNY 199.43 billion expected vs CNY 204.05 billion reported; variance: +2.32%

Source: https://bit.ly/3akIwMB

𝘗𝘪𝘯𝘶𝘰𝘥𝘶𝘰 $PDD (-11,11 %)

The total revenue of the e-commerce platform in the quarter was CNY 23,793.7 million (US$ 13,753.4 million). The average number of monthly active users during the quarter was 751.3 million, up 4% from 724.6 million in the same quarter of 2021.

EPS: 🟩1.83 CNY expected vs 2.95 CNY reported; variance: +61.34%.

Revenue: 🟩 CNY 20.72 billion expected vs CNY 23.79 billion reported; variance: +14.83%.

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

🟩 TOP $ZS (-8,24 %) , 146,52 € (🔼 +10,3%)

🟥 FLOP, $WEED 4,39 € (🔽 -14,95%)

🟩 Most Searched $NVDA (-9,46 %) , 173,39 € (🔼 +4,37%)

🟩 Most traded $BNTX (-5,2 %) 153,28 € (🔼+3,72%)

🟩 S&P500, 4,118.07 (🔼 +1.48%)

🟩 DAX, 14,427.74 (🔼+1.38%)

🟥Bitcoin ₿, €27,068.21 (🔽 -0.37%)

Time: 16:45 CEST

𝘍𝘶𝘯 𝘧𝘢𝘤𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘥𝘢𝘺:

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