AMTD Digital 5 American Depositary Shares Representing 2 Action Forum

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 (+0,89 %) (🔼 +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 (-2,61 %)

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 (+1,52 %)

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 (-0,03 %) , 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?

Somehow the topic with $HKD passed me by so that I have researched and summarized the most important. Do not know what to think of it.

📌The most important thing:

The securities of #amtd Digital Group rose again by over 520% in a single day on Tuesday, August 2, and the company's market capitalization suddenly skyrocketed to a value of over $300 billion. The total performance over the last 5 days thus amounted to +1,448.64% at a current price of $1,100

According to the news service #bloomberg however, AMTD generated revenue of only about $25 million in 2017. At one point, the company was worth more than automaker Ford $F (+0,87 %) . However, the stock fell to $1,528 after peaking at $2,555.

🌟The reasons:

The rise in the share price is again attributed to the so-called pump-and-dump scheme. The price of AMTD shares was allegedly pushed up by small investors on Reddit sites like. #wallstreetbets artificially driven up in order to profit from it.

The situation is reminiscent of the meme hype in 2021, when Gamestop and AMC stock prices rose due to false demand created by Reddit users to increase prices. However, news service Citron Research said that it would not be a meme stock because the trading volume was too low for that.

Short sellers and hedge funds came under fire. In contrast, AMTD issued a public statement thanking investors for the brisk trading while stating, "To our knowledge, there have been no material circumstances, events or other matters related to the business and operations of our company since the IPO."

Sold my house and am going all in! Off to Uranus 🚀

getquin Daily Summary 25.07.2022

Hello getquin,

what a hot start to the week... Fashion retailer New Yorker has suffered an as-yet-unknown loss from a scam web setie, Goldman Sachs lowers its earnings forecast for MSCI China, and South Africa looks to combat power shortages.

Europe🌍:

1st fake online store scams New Yorkers

A fake online retailer has defrauded Brunswick-based fast fashion retailer New Yorker. Until recently, unknown fraudsters had used the streetwear retailer's brand name to create a fake internet store called "Blacksquad.fr". The store appeared genuine as the operators also used illegally stolen video and photo content of New Yorker. It is not known how many customers were harmed by the scam.

A fashion business with 1,150 stores without an online store... https://bit.ly/3zwlc8R

Asia🌏:

2nd GS lowers earnings forecast for MSCI China

Goldman Sachs lowered its earnings forecast for the MSCI China stock index to zero growth for the year, from 4% previously, according to a report released Thursday. China's property market has come under renewed pressure in recent weeks as many homebuyers have stopped making mortgage payments. According to Henry Chin, head of research for Asia-Pacific at CBRE, it could take five years for the property market to recover from oversupply in China's smaller cities.

Interested in the topic? https://cnb.cx/3vdg07j

🟥 $36BZ (-5,57 %) (Ex. ETF) (🔽 -0.37%)

Africa🌏:

3rd South Africa wants to solve electricity shortage

South Africa will attempt to address its chronic electricity shortage by making it easier for private companies to build plants and by paying households and businesses to generate electricity from solar panels.

The urgent need to address the country's 14-year power crisis was highlighted by the five-week blackouts that ended last week and were the worst since the power grid nearly collapsed in 2008. President Cyril Ramaphosa and the ruling African National Congress have been heavily criticized for failing to fix the problem despite repeated promises.

Read more here: https://bloom.bg/3PPhixd

Quarterly figures:

Philips $PHIA (-2,73 %)

Investors had to cope with surprisingly weak quarterly figures on Monday. Analysts at Societe Generale had already withdrawn their buy recommendation for the share on Friday

EPS: 🟥 €0.28 expected vs. €0.14 published; difference: 50%.

Sales: 🟥 €4.22 billion expected vs. €4.18 billion published; difference: -0.97%.

Source: https://bit.ly/3cK53Uw

Ryanair $RYA (+0,25 %)

EPS: 🟩 € -0.60 expected vs. € -0.47 published; Difference: 21.21 %

Revenue: 🟥 €1.55 billion expected vs. €1.47 billion published; Difference: 5.11

Stocks of the day:

🟩 TOP $EVEX 9,20 $ (🔼 +7,48%)

🟥 FLOP $HKD , 41,38 $ (🔽 -39,15%)

🟥 Most searched $AAPL (+0,65 %) , 149,47 € (🔽 -1,05%)

🟥 Most traded $UN01 , 6,37 (🔽 -14,24%)

🟩 S&P500, 3,964.01 (🔼 -0.069%)

🟥 DAX, 13,187.16 (🔽 -0.50%)

🟥 bitcoin ₿, €21,443.62 (🔽 +3.15%)

Time: 17:10 CEST

Question of the day:

Where is the largest port in the world?

Hello getquin,

Summer is here: at least the weather shows record temperatures in Germany. Was it just as hot on the stock market today?

Europe 🌍:

1. inflation reaches a record level

The inflation target of two percentage points seems to be a thing of the past. For months now, inflation in the euro zone has been reaching record levels, and this month's figure was also exceeded. Inflation rose to 8.6 percent compared to the previous month. It has never been this high since the introduction of the euro in 1999. This is due in particular to the sharp rise in energy prices.

Read more here: bit.ly/3yTdBj0

World🗺️:

2. gold: not a safe haven?

Gold has long been considered a possible investment in times of crisis: A safe haven. Although inflation rates continue to rise, the price of gold has been falling in recent weeks. Bets on a falling gold price prevail and pessimistic sentiment is on the rise. However, are some net short positions now possibly laying the groundwork for a future price rise?

Read more here: bit.ly/3AWE6H7

America 🌏:

3rd Apple management in crisis mood

Apple obviously takes a critical view of the coming economic situation. The planning for 2023 has been adjusted: spending growth will be reduced and personnel costs will also be cut. Is the company assuming that the consumer mood will flatten out? Does the management see a more severe crisis than everyone else? In any case, the measures that Apple has now taken dragged down trading on the U.S. stock market yesterday. It remains exciting.

Read more here: bit.ly/3PCblUi

🟥 $AAPL (+0,65 %) (🔽 -3,26%)

Quarterly figures:

ManpowerGroup $MAN (+0 %)

EPS: 🟩 $2.32 expected vs $2.29 published; difference: +0.98%.

Sales: 🟥 $5.27 billion expected vs $5.1 billion published; Difference: -0.97%

Stocks of the day:

🟩 TOP $APLS 55.85€ (🔼 +25.31%)

🟥 FLOP $HKD , 14,00 € (🔽 -11,34%)

🟩Most searched$GOOG (-0,66 %) , 109,86 (🔼 +2,28%)

🟥 Most traded $NIO (-3,15 %) , 20,24€ (🔽 -2,88%)

🟥 S&P500, 3,904.63 (🔼 +1.93%)

🟩 DAX, 13,290.74 ( 🔼 +2.55%)

🟩 bitcoin ₿, €22,038.60 (🔼 +1.05%)

Time: 17:00 CEST

Fun Fact of the Day:

Maybe not a Fun Fact, but a Creepy & Disgusting Fact: 94% of banknotes are contaminated with bacteria. In an NYU study, 3,000 species of organisms were found on just 80 $1 bills - including bacteria associated with pneumonia, food poisoning and staph infections.