𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️
𝗜𝗣𝗢𝘀 🔔
Rivian ( $N/A ) - After yesterday's IPO, the electric vehicle maker was able to exceed expectations. Compared to the issue price of $78, the stock traded at $100.73 at the close of trading, realizing issue proceeds of US$11.9 billion. This makes Rivian the largest IPO this year. The company's valuation at the current price is $100 billion, which is higher than, for example, BMW ( $BMW (+1,89%) ).
𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅
Ex-dividend date: BP ( $BPE5 (-1,68%) ), Corning ( $GLW (+0,6%) ) and Royal Dutch Shell ( $R6C ) .
𝗖𝗵𝗶𝗳𝗳𝗿𝗲𝘀 𝘁𝗿𝗶𝗺𝗲𝘀𝘁𝗿𝗶𝗲𝗹𝘀 📈
Today Aareal Bank ( $ARLB ), Bauer AG ( $B5A ), Bechtle AG ( $BC8 (+0,44%) ), Bilfinger SE ( $GBFU ), Bridgestone ( $BGT (-0,3%) ), Burberry ( $BURBY ), Deutsche EuroShop ( $DEQ (+0,88%) ), Evotec ( $EVTCY ), Fielmann ( $FIE (-0,31%) ), K+S ( $SDF1 (+0%) ), Leifheit ( $LEI (+0,15%) ), Merck KGaA ( $MRK (+0,25%) ), Österreichische Post ( $O3P (+0,09%) ), Scout24 SE ( $G24 (-0,82%) ), Siemens ( $SIE (+1,42%) ), Sixt ( $SIX2 (-0,04%) ), Suzuki ( $SUK (-1,1%) ) and Varta AG ( $VAR1 (-5,17%) ) present their figures.
𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️
General Electrics ( $GCP (-1,29%) ) - One of the largest companies in the United States announced that it will split into three publicly traded companies. These companies will then focus on the aviation, "health care" and "energy" sectors. Wall Street analysts are supportive of the company's plan. It could allow GE to escape the surprisingly poor performance of the past two decades.
Tesla ( $TL0 (-0,87%) ) - Elon Musk's brother, Kimbal Musk, sold Tesla stock shortly before his brother's Twitter poll. As previously reported, Elon Musk put the sale of ten percent of his Tesla shares to a vote via Twitter. The majority of his followers were in favor of a sale. As a result, Tesla's share price temporarily dropped to just under 880 euros. Today, Elon Musk could again face the US supervisory authority SEC because of his tweets that move the markets. In addition, publicly available SEC forms reveal that Kendal Musk, who is also a member of Tesla's supervisory board, apparently sold his Tesla shares before the investigation. He exercised an option to buy 25,000 Tesla shares at $74.17 each and immediately sold them for prices between $1,223 and $1,236. He made a profit of US$108.8 million. It is still unclear whether he knew about his brother's upcoming Twitter poll.
Merck ( $MRK (+0,25%) ) - The fight against the Corona pandemic continues on their advantage. But despite the Corona boom, the pharmaceutical and specialty chemicals group is earning less and its shares are under pressure. The group had to accept losses in the third quarter of the year. Profit after tax fell by five percent year-on-year to 764 million euros.
Delivery Hero ( $DHER (+2,73%) ) - After strong growth in the third quarter, Delivery Hero is again more optimistic for the full year. Revenues are now expected to be between €6.4 billion and €6.7 billion. The adjusted EBITDA/gross merchandise value margin of minus 2 percent remains unchanged. According to CFO Emmanuel Thomassin, the focus will continue to be on sustainable, long-term growth by strengthening the presence in key markets and the global leadership position. The stock is popular with investors today, rising 4.25 percent at times to 116 euros.
𝗖𝗿𝘆𝗽𝘁𝗼 💎
Apple ( $APC (+0,22%) ) - The tech giant's CEO said the day before that he personally holds crypto-currencies, including Ethereum and Bitcoin. However, according to his statements, Apple has no plans to invest in crypto-currencies.
Coinbase ( $1QZ (+2,23%) ) - Yesterday, investors in the largest U.S. crypto exchange platform experienced a major disappointment, as the third quarter figures could by no means match the second quarter in terms of profits. The newcomer to the stock market's profits fell by 74.9 percent in quarterly comparison. While in the second quarter, US$1.6 billion was earned, in the third quarter, only US$406 million was earned. However, the situation is not as dire as these numbers may appear at first glance. The third quarter numbers are only bad if you compare them directly with the very good numbers from the second quarter. However, these are directly related to the hype of the company's IPO. If we look at the third quarter of 2020, we see that the 2021 earnings have increased by 500% in comparison. In addition, it should be noted that Coinbase's key numbers are logically very heavily dependent on the performance of the overall crypto market.
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