getquin Daily Summary 26.10.2022
Hello getquin,
have a nice wednesday to all of you!
Europe🌍:
1. Puma achieves record sales
Puma, the little brother of Adidas, achieved record sales in the last quarter. Puma sales rose 17 percent in constant currency from July to September to a record 2.35 billion euros. In turn, Adidas had to cancel its cooperation with Kanye West yesterday, which will greatly affect profits and sales in the coming years.
Read more: https://cnb.cx/3TzmSGa
🟩 $PUM (+0,09%) 47,50€ (🔼 +1,45%)
2. Deutsche Bank with profit jump
The crisis-ridden institution is producing positive news again. The worsened economic situation has not affected Deutsche Bank and it can increase its profit to 1.1 billion euros. This is a six-fold increase compared to the previous year. Sewing continues to stick to the return target and wants to keep the margin on tangible equity at 8%.
Read more: https://cnb.cx/3TzmSGa
🟩 $DBK (-0,32%) 9,40€ (🔼 +1,39%)
America🌏:
3. Canada continues to invest in nuclear energy
While Germany decided to phase out nuclear power years ago, the rest of the world has continued to rely on nuclear energy. Canada will continue to see nuclear energy as a key technology in their climate strategy and is now investing another 970 million Canadian dollars in developing nuclear technology.
Read more: https://reut.rs/3TGg35H
Quarterly figures:
🔎 $GOOG (-0,21%) 97,18€ (🔽 -6,47%)
EPS: 🟥 $1.25 expected vs $1.06 published; difference: 15.44%
Revenue: 🟥 $70.66 billion expected vs $69.09 published; variance: 2.21%
⌨️ $MSFT (-0,02%) 234,60€ (🔽 -6,27%)
EPS: 🟩 $2.31 expected vs $2.35 published; difference: 1.94%.
Revenue: 🟩 $49.69 billion expected vs $50.12 billion published; variance: 0.88%
Stocks of the day:
🟩 TOP $BNGO 2,63€ (🔼 +14,80%)
👍 Bionano Genomics announces commercial availability of the world's first automation solution for ultra-high molecular weight DNA extraction.
🟥 FLOP $SPOT (-0,17%) 88,04€ (🔽 -6,06%)
👎 Kanye West is the next artist to cause controversy on Spotify. In addition, Spotify disappoints with its quarterly figures. Should Spotify kick artists like Kanye West off the platform?
🟩 Most searched $TSLA (+0,14%) 228,23€ (🔼 +4%)
🟥 Most traded $MSFT (-0,02%) 234,60€ (🔽 -6,27%)
🟩 S&P500, 3,878.49 (🔼 +0.50%)
🟩 DAX, 13,182.59 (🔼 +0.99%)
🟩 Bitcoin ₿, 20,731.97€ (🔼 +2.84%)
Time: 17:30 CEST
