𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟬𝟮.𝟬𝟱.𝟮𝟬𝟮𝟮

Hello getquinners!

I’m feeling like Floyd in this Mayweather😎 (sorry, couldn’t help it😅). Here's a round-up of some things which started off the week!

𝗚𝗲𝗿𝗺𝗮𝗻𝘆🇩🇪:

1. Deutsche Post has too much cash (!)

Deutsche Post $DPW (-2,28 %) CFO Melanie Kreis has not got rid of her nicer issue, which the Bonn-based company experienced in the last year. All the cash they received from customers in 2021 has to go, and quickly. Otherwise, as a resolution passed twelve years ago by the management board warns, the former state-owned company may be in breach of its own guidelines. Instead of the free cash flow of 2.3 billion euros, initially targeted for 2021, the company reported a cash inflow of 4.1 billion euros at the end of the fiscal year.

🟥 $DPW (-2,28 %) Deutsche Post, €40.48 (🔽-1.06%)

More on the cash surplus: https://bit.ly/382iHjz

𝗔𝘀𝗶𝗮🌏:

2. Former Snap India head joins Coinbase

As part of Coinbase’s $COIN (+0,04 %) emerging markets push, they have hired the former head of Snap India $SNAP Durgesh Kaushik as their new Senior Director for Market Expansion. During Kaushik’s time at Snap, he oversaw a 330% increase in monthly active users in India. Coinbase $COIN (+0,04 %) launched last month in the world’s second most populous country.

🟩 $COIN (+0,04 %) Coinbase Inc, $117.26 (🔼+4.03%)

Wondering how Kaushik can help the cryptocurrency firm? https://tcrn.ch/39kIHqG

𝗪𝗼𝗿𝗹𝗱🌎🌏🌍:

3. Berkshire Hathaway annual shareholders meeting

On the weekend, Berkshire Hathaway $BRK.B (-1,5 %) had their annual shareholders meeting. There were quite a few key takeaways from the firm led by Warren Buffett.

🟥 $BRK.B (-1,5 %) Berkshire Hathaway Class B, $318.71 (🔽-1.28%)

Want to read these key takeaways? Here’s the link: https://app.getquin.com/activity/pgDDMlXbpq

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

🟩 TOP, $9988 (+1,46 %) Alibaba Group (🔼+15.69%)

🟥 FLOP, $GPN (+0,19 %) Global Payments Inc (🔽-11.01%)

🟥 Most searched, $AMZN (+1,83 %)
Amazon.com Inc (🔽-1.99%)

🟩 Most traded, $BAS (-0,77 %) BASF SE (🔼+0.99%)

🟩 S&P500 (🔼+0.005%)

🟥 DAX (🔽-1.11%)

🟩 $BTC (-1,73 %) Bitcoin ₿, $38,857.00 (🔼+1.01%)

Time: 17:15 CEST

Did you know that the smallest stock exchanges in the world are in countries like Cambodia, Laos, Cameroon, Myanmar, Rwanda, the Maldives and the Seychelles and that only 5 shares are traded there?