getquin Daily Summary 09.08.2022

Hello getquin,

Very cool to see all your #sankey to see your money flows! Added nevertheless gladly the #sankey to your posts so that other users can find your posts better.🚀

Feel free to check out https://www.finanzfluss.de/rechner/flussdiagramm/ to create your Sankey diagram!

Europe🌍:

1. fintech Nuri is insolvent

The Berlin-based crypto bank has not received any new investments from backers. About 500,000 customers and total assets of about 500 million euros are affected. The fintech had been working hard to raise fresh capital in recent hours, but it is now clear: Berlin-based cryptobank Nuri is insolvent. The company announced the information on Tuesday afternoon.

Surprising news: https://bit.ly/3bK4zgP

America🌏:

2nd Devon Energy buys Validus for $1.8 billion

Shale oil producer Devon Energy (DVN.N) announced Tuesday that it will buy Validus Energy, an operator in the Eagle Ford Basin, for $1.8 billion.

The deal comes at a time when oil producers are benefiting massively from a surge in oil and gas prices as sanctions against major producer Russia following its invasion of Ukraine curb supply amid a rebound in demand.

Hedge fund Elliott Management invested in Validus last year to help the company acquire assets in Eagle Ford, Texas, from Ovintiv Inc for $880 million.

More on the deal: https://reut.rs/3QebOwr

🟩 $DVN (+0,53 %) (🔼 +0,76%)

Special:🎤

3. Serena Williams announces her retirement from tennis

Tennis legend Serena Williams announced her retirement in a Vogue article published Tuesday. "I've never liked the word retirement," Williams wrote. "Perhaps the best word to describe what I'm about to do is evolution. I'm here to tell you that I'm evolving away from tennis and toward other things that are important to me."

Williams, who turns 41 next month, has 73 singles titles, 23 doubles titles and more than $94 million in winnings in her career.

Do you follow tennis? https://cnb.cx/3QqkShm

• Domino's Pizza announces withdrawal from Italy

• Warren Buffet's Berkshire Hathaway now owns more than 20% of Occidental (exploration and production of oil and natural gas)

Quarterly figures:

🚘Continental $CON (+2,13 %)

Continental AG on Tuesday reported second-quarter figures that missed analysts' forecasts and sales that exceeded expectations. Shares of the automotive supplier are down 27% year-to-date, trading at €67.11, below their 52-week high, and underperforming the DAX, which is down 14.84% so far this year.

EPS: 🟥 € 1.24 expected vs € -1.26 published; Difference: -201.69 %

⛴ Norwegian Cruise Line $NCLH (+1,37 %)

EPS: 🟥 -0.86 $ expected vs -1.14 $ published

Sales: 🟥 Missed by $1.2 billion

Stocks of the day:

🟩 TOP. $NLSN 27,00 € (🔼 +20,54%)

➡️ Market research company

👍 Dividend payout

🟥 FLOP $HKD 276 $ (🔽 -31,85%)

➡️ software solutions provider

👎 Volatile share

🟥 Most searched $NVDA (+0,42 %) , 167,68 (🔽 -3,94%)

🟥 Most traded $BBBY , 9,92 (🔽 -18,1%)

🟥 S&P500, 4,120.63 (🔽 -0.47%)

🟥 DAX, 13,566.04 (🔽 -0.86%)

🟥 bitcoin ₿, 22,601.84 (🔽 -3.23%)

Time: 17:00 CEST

Fun Fact:

Did you know that 65% of the autobahns in Germany have no speed limit?