𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗜𝗣𝗢𝘀 🔔

Volvo Cars has had to scale back its ambitions. The carmaker, owned by the Chinese group ($GRU (-3,74%)), will be listed on the Stockholm stock exchange on October 29 at a price of 53 Swedish kronor (5.3 euros) per share. On the occasion of this IPO, Volvo Cars should raise gross proceeds of about 20 billion Swedish kronor (2 billion euros), while it was previously expected to raise about 25 billion kronor

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Ex-dividend date: Antero Midstream ( $AM (+0,33%) ), Clorox ($CXX (+0,79%)), AptarGroup, Inc ( $AGT (+1,14%) ), Commercial Metals Company ( $CMS (+0,26%) ), Krispy Kreme, Inc ( $9YM (+0%) ), Entegris, Inc ( $ENQ (+2,29%) ), Infosys Technologies ( $IOY (+2,14%) ) und Prospect Capital ( $RK8 (+0,7%) )

𝗖𝗵𝗶𝗳𝗳𝗿𝗲𝘀 𝘁𝗿𝗶𝗺𝗲𝘀𝘁𝗿𝗶𝗲𝗹𝘀 📈

Today 3M ( $MMM (-0,3%) ), Aphabet ( $ABEA (+1,06%) ), Canon ( $CNNA (+2,28%) ), Capital One ( $CFX (+0,29%) ), General Electric ( $GCP (+0,44%) ), Hasbro ( $HAS (+0,46%) ), Hitachi Construction Machinery ( $HTCMY ), IDEX ( $ID7 (+0,46%) ), Lockheed Martin Corp ( $LOM (+0,6%) ), Logitech ( $LTEC (+0,41%) ), Microsoft ( $MSF (+0,19%) ), Novartis ( $NOTA (+1,37%) ), Texas Instruments ( $TII (+0,87%) ), Twitter ( $TWR ), UBS ( $UBRA (-0,05%) ), UPS ( $UPAB (+0,4%)) and Visa ( $3V64 (+0,45%) ) present their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Tesla ( TL0) - After the car rental company "Hertz" ordered 100,000 Tesla electric cars by the end of 2022, Tesla's stock price reached a level of more than 1,000 US dollars. This transaction brought Tesla's stock value to more than US$1 trillion. By May 2021, the stock was still below 600 euros.

Automotive industry: The German automotive industry is now facing a shortage of magnesium. Magnesium is mainly needed for the alloying of aluminum. The supply shortage is due to energy saving measures in China, which have resulted in a reduction of magnesium production. China's market share, which represents 95% of European magnesium supply, is problematic. Some companies only have magnesium stocks until November, so experts are warning of a possible production shutdown.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

MasterCard () - In collaboration with Bakkt, the payment service provider is integrating crypto-currencies into its system. This would allow more than 2 billion customers to access a wide range of cryptocurrencies and they could even earn additional rewards in bitcoin or similar.

In this context, Bakkt will take over the custody of crypto assets. Since the announcement of this project, Bakkt's share price has already increased by about 470%.

Crypto-currency fraud campaign - YouTube channels are currently being hijacked by hacking creators with fake cooperation requests, according to Threat Analysis Group. After the channels are taken over, they are either sold or used for livestreaming crypto-currency fraud. This campaign can be attributed to a group of Russian hackers.