Dave Action Forum

The week summarized:

Monday

• S&P U.S. Manufacturing PMI (final March)
• Construction Spending (February)
• ISM Manufacturing (March)

Tuesday

• Vacancies (February)
• The President of the FED of San Francisco, Mary Dalygives speeches, and the President of the FED of New York, John Williamsmoderates a panel discussion
• Publication of business figures from Paychex ($PAYX (+2,17 %) ), Cal-Maine Foods ($CALM (+2,56 %) ) and Dave & Buster's Entertainment ($PLAY (-0,54 %) )

Wednesday

• ADP Employment (March)
• S&P U.S. Services PMI (final March)
• ISM Services (March)
• The President of the FED of Chicago, Austan Goolsbeegives speeches, and Jerome Powell participates in a forum at at Standford University attends
• Publication of business figures from Acuity Brands ($AYI (+2,66 %) ), Levi Strauss ($LEVI (-0,32 %) ) and BlackBerry Limited ($BB (+2,36 %) )
• Annual General Meeting of Disney ($DIS (+0,84 %) )

Thursday

• US trade balance (February)
• Speeches by Loretta MesterPresident of the FED of Cleveland, and Austan GoolsbeePresident of the Chicago FED
• Publication of earnings by RPM International ($RPM (+1,62 %) ) and Conagra Brands ($CAG )

Friday

• 
  US Labor Market Report (March)
• Consumer Credit (February)

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟴.𝟬𝟲.𝟮𝟬𝟮𝟮

Hello getquin,

Porsche goes hunting? Soups lead to better sales prospects? And new feature at PayPal! What it has to do with it you read now.

𝗔𝗺𝗲𝗿𝗶𝗸𝗮 🌏:

1. 𝘗𝘰𝘳𝘴𝘤𝘩𝘦 𝘢𝘶𝘧 𝘚𝘵𝘢𝘳𝘵-𝘶𝘱-𝘑𝘢𝘨𝘥

Sports car manufacturer Porsche is increasingly looking for innovative mobility start-ups. To this end, the Stuttgart-based Volkswagen subsidiary is collaborating with the American startup incubator UP.Labs and investing tens of millions. Six new companies are to be founded by 2025, Porsche announced on Tuesday.

Porsche has a long tradition of supporting startups. Most recently, the VW subsidiary invested in a company that makes battery cells and aims to improve battery performance and range through the use of novel materials. Rimac, a Croatian automotive supplier that also builds luxury electric cars, is the most successful startup in Porsche's portfolio.

🟩 $VOW3 (-2,26 %) (🔼 +0,77%)

Will Porsche continue to be successful? https://bit.ly/3tnkKGx

2. 𝘊𝘢𝘮𝘱𝘣𝘦𝘭𝘭 𝘚𝘰𝘶𝘱: 𝘏ö𝘩𝘦𝘳𝘦 𝘗𝘳𝘦𝘪𝘴𝘦 𝘶𝘯𝘥 𝘷𝘦𝘳𝘣𝘦𝘴𝘴𝘦𝘳𝘵𝘦𝘴 𝘈𝘯𝘨𝘦𝘣𝘰𝘵 𝘴𝘰𝘳𝘨𝘦𝘯 𝘧ü𝘳 𝘣𝘦𝘴𝘴𝘦𝘳𝘦 𝘜𝘮𝘴𝘢𝘵𝘻𝘢𝘶𝘴𝘴𝘪𝘤𝘩𝘵𝘦𝘯

Campbell Soup Co joined Kellogg Co and Kraft Heinz Co in raising its annual sales forecast Wednesday after the maker of Swanson broth and Goldfish crackers beat quarterly estimates on price increases and easing supply chain bottlenecks.

The New Jersey-based soup maker's profit margin rose in the third quarter as it raised prices at a time when the packaged food industry continues to be pressured by rising freight and raw material costs.

Easing supply constraints and improved staffing have helped Campbell meet robust demand for its soups and sauces as consumers prioritize essential foods over luxury items in the face of rising inflation.

🟥 $CPB (+2,27 %) (🔽 -0,42 %)

🟩 $K (+1,27 %) (🔼 +1,35 %)

🟩 $KHC (+1,25 %) (🔼 +1,18 %)

More on the news: https://bit.ly/3982tpS

𝗪𝗲𝗹𝘁 🗺️ :

3. 𝘗𝘢𝘺𝘗𝘢𝘭 𝘧ü𝘨𝘵 𝘈𝘣𝘩𝘦𝘣𝘶𝘯𝘨𝘦𝘯 𝘶𝘯𝘥 𝘌𝘪𝘯𝘻𝘢𝘩𝘭𝘶𝘯𝘨𝘦𝘯 𝘪𝘯 𝘒𝘳𝘺𝘱𝘵𝘰𝘸ä𝘩𝘳𝘶𝘯𝘨𝘦𝘯 𝘩𝘪𝘯𝘻𝘶

PayPal has announced that users can now deposit and withdraw cryptocurrencies to and from their personal wallets. The feature has been long-awaited; company executives have been discussing it for at least a year. PayPal launched limited crypto trading in October 2020 and added commercial crypto payments in March 2021.

🟩 $PYPL (+3 %) (🔼 +2,24 %)

More on the new feature: https://bit.ly/3O2LGDj

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻:

Dave & Buster's $PLAY (-0,54 %)

EPS: 🟩 $1.14 expected vs $1.42 reported; variance: +25.32 %.

Sales: 🟩 $440.63 million expected vs $451.1 million reported; variance: +2.38 %

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

🟩 TOP, $9901 (-0,88 %) 1,57 € (🔼15,44%)

🟥 FLOP, $ZIM (-1,52 %) 56,63 € (🔽-11,34%)

🟥 Most searched, $AMZN (-0,02 %) , 114,57€ (🔽 -0,04%)

🟥 Most traded, $AMZN (-0,02 %) , 114,57€ (🔽 -0,04%)

🟥 S&P500 4,149.65 (🔽 -0.25%)

🟥 DAX 14,418.07 (🔽 -0.96%)

🟥 $BTC (+0,2 %) Bitcoin ₿, €28,299.40 (🔽 -2.81%)

Time: 17:00 CEST

You must have known that: The cheapest stocks on the market are also called pennystock stocks. The price of these stocks can be less than one cent. Today a penny stock $ADV made a change of +0.0089 AUD, which is +8,900.01%.

I wish I had yesterday...

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗚𝗮𝗺𝗲𝗦𝘁𝗼𝗽 𝗺𝗶𝘁 𝘀𝗰𝗵𝘄𝗮𝗰𝗵𝗲𝗻 𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 / 𝗣𝗿𝗲𝗶𝘀𝗲𝘅𝗽𝗹𝗼𝘀𝗶𝗼𝗻 𝗯𝗲𝗶 𝗦𝗼𝗹𝗮𝗻𝗮

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, Occidental Petroleum ($OPC (-0,67 %)), Kimberly Clark ($KMY (+1,82 %)) DICK's Sporting Goods ($DSG (+2,27 %)), China Petroleum and Chemicals ($YIZH (-2,2 %)), Fidelity National Information Services ($ZGY (+2,41 %)), Nasdaq ($NAQ (+1,15 %)), The Williams Companies ($WMB (+2,38 %)) and Telus ($TU (+4,29 %)), traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, Dave and Buster's Entertainment ($9DB (-0,54 %)), Farmer Bros. ( $FB1 (+3,87 %) ), KLX Energy Services ($KX4A (+0,95 %)) and Sophia Genetics ($SOPH (+4,11 %)) will present their quarterly results.

𝗜𝗣𝗢𝘀 🔔

Fidelity Investments-backed Procept Bio Robotics Corp, which manufactures robotic surgical technology, announced a possible initial public offering. The estimated enterprise value that would be created by this IPO is approximately $1 billion.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Reddit darling 𝗚𝗮𝗺𝗲𝗦𝘁𝗼𝗽 ($GS2C (+7,23 %)) presented its quarterly figures last day, which were significantly below set expectations. The U.S. video game retailer was able to report a significant increase in sales in the second quarter compared to the previous year, mainly due to the relaxation of the Corona measures. However, as the company posted a loss of $61.6 million, it disappointed analysts' expectations. In response, the stock showed a 7.3 percent drop in price to $184.29 in pre-market U.S. trading.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

The price of 𝗦𝗼𝗹𝗮𝗻𝗮 ($SOL-USD (+2,15 %)) is up over 440% in the last 14 days. This makes it by far the best performing of the top 10 cryptocurrencies. Even after bitcoin's massive drop over the past day, Solana has managed to post a 28.8% gain. This brings Solana's current market capitalization to $61.36 billion. The enormous growth of the cryptocurrency can mainly be attributed to the fact that very many new developers launch their projects on the Layer 1 blockchain and take advantage of the improved speed and reduced transaction costs compared to the Ethereum blockchain.