Gap Azione Forum

Outlook for next week.

Monday

• Mizuho Financial Group ($MFG (+0%) ), XP Inc. ($XP (-1,8%) ), Sun Life Financial (SLF), Tyson Foods ($TSN (+2,26%) ) and AECOM ($ACM (+0,49%) ) present their quarterly reports are presented.
• Publication of the New York Fed Consumer Inflation Expectations (October).

Tuesday

• The Home Depot ($HD (+2,38%) ), Sumitomo Mitsui Financial Group ($8316 (+1,1%) ), Mitsubishi Financial Group ($8306 (-1,07%) ), Nu Holdings ($NU (+0,57%) ), Sea Limited ($SE (-1,24%) ) and Tencent Music Entertainment Group ($TME (-2,74%) ) report their quarterly results.
• Publication of the NFIB Small Business Optimism Index (October) and the Consumer Price Index (CPI) (October).

Wednesday

• Cisco Systems ($CSCO (+0,48%) ), TJX Companies ($TJX (+1,65%) ), Palo Alto Networks ($PANW (+1,75%) ), Target ($TGT (-0,48%) ), JD.com ($JD. (-2,66%) ), XPeng ($XPEV (+2,66%) ), Catalent ($CTLT (+0%) ) and Tetra Tech ($TTEK (-0,46%) ) present their quarterly figures.
• Publication of the Producer Price Index
  (PPI) (October), the New York Fed Empire State Manufacturing Index (November), the Business Inventories (September) and the Retail Sales (October).

Thursday

• Walmart ($WMT (+1,81%) ), Alibaba Group ($BABA (-5,18%) ), Applied Materials Inc. ($AMAT (-0,37%) ), NetEase Inc. ($NTES (-4,65%) ), Ross Stores ($ROST (+0,91%) ), Warner Music Group ($WMG (+1,14%) ), NICE Ltd. ($NICE (+0,02%) ), Bath & Body Works ($BBWI (-4,3%) ), The Gap Inc. ($GPS (-0,15%) ), Macy's ($M (-3,93%) ) and Spire Inc. ($SR (+1,27%) ) present their quarterly reports.
• Publication of the Industrial Production (October) and the National Association of Home Builders Housing Market Index (November).

Friday

• BJ's Wholesale Club ($BJ (+2,42%) ), Atkore Inc. ($ATKR (-6,47%) ) and Spectrum Brands Holdings ($SPB (+1,77%) ) present their quarterly figures.
• Deadline for funding of the US government.
• Publication of the Housing Starts (October).

These stocks could profit from the Barbie hype

You've probably noticed the hype surrounding the new Barbie movie starring Margot Robbie and Ryan Gosling. In the last few weeks, there has been a lot of publicity! Today is the premiere of the film in Germany and tomorrow the film starts in the US. I am sure that the film will not only make the box office ring, but also some stocks will benefit from the Barbie hype. The $MAT (+2,47%) share, manufacturer of the Barbie doll, is already within the last month with nearly 15% in the plus and is still positively evaluated by experts. The film comes today in the distribution of Warner Bros, so could also the $WBD (-1,27%) Share from the hype profit. Retailers such as. $GPS (-0,15%), $CROX (-0,45%) and $KSS (-3,85%) are also jumping on the Barbie bandwagon, benefiting from licensing deals with the toymaker. Even the meme share of the movie theater operator $AMC could gain new momentum from the Barbie hype. Unfortunately, nothing is really known about the film yet, so it remains exciting to see whether the film will meet the expectations of moviegoers and whether the shares will benefit from the hype in the long term.

Are you going to see the new Barbie movie? Do you think that the Barbie movie will actually have a positive impact on the stocks mentioned and can profit from the hype? Or are you rather skeptical?

Despite efforts to revive its apparel and accessories brands - GAP, Banana Republic, Old Navy and Athleta - the company $GPS (-0,15%) announced this week it will lay off 500 employees and cut costs as sales and profits slump. #entlassungen

The layoffs are taking place primarily at Gap's main offices in San Francisco and New York, as well as in Asia. The job cuts come at a time when Gap continues to struggle to lure consumers to what was then an enviable balance of low, mid and high-end offerings that carried everything from $10 Old Navy brand jeans and $5 sunglasses to $500 and up "BR Heritage" brand sweaters.

Source: https://lomazoma.com/gap-entlaesst-500-mitarbeiter-des-unternehmens-da-die-herausforderungen-zunehmen/

getquin Daily Summary 12.07.2022

Hello getquin,

the impact of the Ukraine war is continuously a very high driver of the current global economy. Today we have news on Renault, Walmart and Gap!

Europe🌍:

1. Renault sales slump by almost 30 percent

French automaker Renault's sales fell dramatically in the first half of the year as a result of its withdrawal from Russia. According to Tuesday's Renault report, global sales fell 29.7% to just over one million vehicles.

Excluding the Russian company, sales were down 13%, it said. The market climate continues to be characterized by a shortage of semiconductors, it said. The stock price fell as much as 2.4% by midday due to the disappointing stock market environment.

More on the problems: https://bit.ly/3O61BAd

🟥 $FR0000131906 (🔽 -0.11%)

America🌏:

2nd Walmart buys 45% of Canoo's delivery trucks.

Shares of electric car maker Canoo rise after Walmart agreed to buy 4,500 electric delivery trucks. Walmart will buy at least 4,500 and up to 10,000 of Canoo's electric delivery trucks. The delivery trucks are expected to be in service by 2023. Canoo's shares rose more than 70% after the news.

What a deal! https://cnb.cx/3cbX2Yd

🟩 $GOEV (🔼 +106,90%)

🟩 $WMT (+1,81%) (🔼 +1,75%)

3. Gap CEO Sonia Syngal resigns with immediate effect

Sonia Syngal, CEO and president of Gap, is stepping down effective immediately, the apparel company announced Monday. The retailer also named a new chief executive for its Old Navy business. Gap added that higher promotional activity had a negative impact on gross margin; it now forecasts an adjusted operating margin percentage in the second quarter of zero to slightly negative.

Who will be next? https://cnb.cx/3nVTAU1

🟥 $GPS (-0,15%) (🔽 -2,87%)

Quarterly figures:

Pepsico $PEP (+1,38%)

EPS: 🟩 $1.74 expected vs $1.86 published; difference: 7.10%.

Revenue: 🟩 $19.51 billion expected vs $20.22 billion published; Difference: 3.67%.

Stocks of the day:

🟩 TOP $HLF (+2,44%) 22,76 € (🔼 +15,67%)

🟥 FLOP $BYDDY (-3,66%) , 68,88 (🔽 -11,04%)

🟩Most searched $ALV (-0,71%) , 178,46 € (🔼 +0,08%)

🟥 Most traded $BYDDY (-3,66%) , 68,88 🔽 -11,04%)

🟥 S&P500, 3,851.57 (🔽 -0.074%)

🟩 DAX, 12,856.40 (🔼 + 0.19%)

🟥 bitcoin ₿, €19,800.90 (🔽 -0.24%)

Time: 17:00 CEST

Fun Fact:

Did you know that €50 bills are the most counterfeited?

𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟮𝟳.𝟬𝟱.𝟮𝟬𝟮𝟮

Hello getquin,

have a great start to the weekend! Today we have Toyota, Gap and two quarterly results. In addition, the production of the Ferrero factory in Belgium runs again from June.

Here you go to a poll where you can win 4x50€ Amazon vouchers.

👉 https://m6q2hlakjib.typeform.com/to/Mo0E1uv4👈

𝗘𝘂𝗿𝗼𝗽𝗮🌍:

1. 𝘍𝘦𝘳𝘳𝘦𝘳𝘰-𝘍𝘢𝘣𝘳𝘪𝘬 𝘧ä𝘩𝘳𝘵 𝘯𝘢𝘤𝘩 𝘚𝘢𝘭𝘮𝘰𝘯𝘦𝘭𝘭𝘦𝘯-𝘈𝘶𝘴𝘣𝘳𝘶𝘤𝘩 𝘸𝘪𝘦𝘥𝘦𝘳 𝘩𝘰𝘤𝘩

Ferrero plans to reopen the factory in Arlon, Belgium, that was responsible for the salmonella outbreak following an international recall of children's chocolate products. "We have been working to restart from June 13 in order to resume production as soon as possible," Nicolas Neykov, managing director of Ferrero France, told Le Parisien on Friday. Belgian authorities received a hygiene plan in early May. A thousand people are working hard to prepare for the resumption of production. The 10,000 parts of the factory have been removed and cleaned piece by piece.

More on the resumption: https://bit.ly/3LNDmpn

𝗔𝘀𝗶𝗲𝗻🌏:

2. 𝘛𝘰𝘺𝘰𝘵𝘢 𝘣𝘳𝘦𝘮𝘴𝘵 𝘦𝘳𝘯𝘦𝘶𝘵 𝘗𝘳𝘰𝘥𝘶𝘬𝘵𝘪𝘰𝘯

Toyota $7203 (-2,45%) , the world's largest automaker, has cut its global production for the second time this week due to logistical difficulties caused by the Shanghai shutdown. The Japanese company announced in June that it would produce 800,000 vehicles, 50,000 fewer than previously expected. Due to the chip shortage, Toyota announced Tuesday it would cut production by 100,000 vehicles per month from June to August. The ongoing chip shortage, pandemic containment measures and other circumstances would make it difficult to predict the future, it said. Nevertheless, Toyota is on track to meet its target of producing 9.7 million vehicles worldwide by March 2023.

🟩 $7203 (-2,45%) (🔼 +0,08%)

Click here for info: https://bit.ly/3sZZuGq

𝗔𝗺𝗲𝗿𝗶𝗸𝗮 🌏:

3. 𝘎𝘢𝘱-𝘈𝘬𝘵𝘪𝘦 𝘴𝘵ü𝘳𝘻𝘵 𝘸𝘦𝘨𝘦𝘯 𝘳𝘦𝘥𝘶𝘻𝘪𝘦𝘳𝘵𝘦𝘮 𝘈𝘶𝘴𝘣𝘭𝘪𝘤𝘬 𝘶𝘮 20% 𝘢𝘣

Shares of Gap $GPS (-0,15%) fell more than 19% in premarket trading Friday after the apparel and accessories retailer lowered its full-year adjusted earnings per share forecast, missing consensus estimates. Gap reported a first-quarter loss per share of 44 cents, while analysts had expected a loss per share of 14 cents. Net sales were $3.48 billion, above analysts' expectations of $3.46 billion. Total comparable sales declined 14% in the first quarter, while analysts had expected a decline of 9.93%. Gap's global comparable sales fell 11%, while analysts had expected a 3.2% decline. As a result, Morgan Stanley downgraded to Underweight 6 weeks after the upgrade to EW.

🟩 $GPS (-0,15%) (🔼 +9.89%)

Get in on Gap now? https://bit.ly/3PLneYG

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻:

𝘈𝘭𝘪𝘣𝘢𝘣𝘢 𝘎𝘳𝘰𝘶𝘱 $BABA (-5,18%)

Alibaba's stock is among the day's winners on Thursday afternoon. It gained 10.9 percent to EUR 85.65 in XETRA trading on Thursday.

EPS: 🟥7.17 CNY expected vs 0.99 CNY reported; variance: -86.20%.

Revenue: 🟩 CNY 199.43 billion expected vs CNY 204.05 billion reported; variance: +2.32%

Source: https://bit.ly/3akIwMB

𝘗𝘪𝘯𝘶𝘰𝘥𝘶𝘰 $PDD (-5,98%)

The total revenue of the e-commerce platform in the quarter was CNY 23,793.7 million (US$ 13,753.4 million). The average number of monthly active users during the quarter was 751.3 million, up 4% from 724.6 million in the same quarter of 2021.

EPS: 🟩1.83 CNY expected vs 2.95 CNY reported; variance: +61.34%.

Revenue: 🟩 CNY 20.72 billion expected vs CNY 23.79 billion reported; variance: +14.83%.

𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆:

🟩 TOP $ZS (-0,19%) , 146,52 € (🔼 +10,3%)

🟥 FLOP, $WEED 4,39 € (🔽 -14,95%)

🟩 Most Searched $NVDA (-0,03%) , 173,39 € (🔼 +4,37%)

🟩 Most traded $BNTX (+3,76%) 153,28 € (🔼+3,72%)

🟩 S&P500, 4,118.07 (🔼 +1.48%)

🟩 DAX, 14,427.74 (🔼+1.38%)

🟥Bitcoin ₿, €27,068.21 (🔽 -0.37%)

Time: 16:45 CEST

𝘍𝘶𝘯 𝘧𝘢𝘤𝘵 𝘰𝘧 𝘵𝘩𝘦 𝘥𝘢𝘺:

The oldest stock exchange in the world was founded in Bruges around 1409 - although Antwerp also lays claim to having been the first real stock exchange, as the world's first stock exchange building was opened there in 1460.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗡𝗩𝗜𝗗𝗜𝗔 𝘄𝗶𝗿𝗱 𝗲𝗺𝗽𝗳𝗼𝗵𝗹𝗲𝗻 / 𝗔𝗽𝗽𝗹𝗲 𝟯 𝗕𝗶𝗹𝗹𝗶𝗼𝗻𝗲𝗻 / 𝗥𝗶𝗽𝗽𝗹𝗲 𝗶𝗺 𝗥𝗲𝗰𝗵𝘁𝘀𝘀𝘁𝗿𝗲𝗶𝘁 𝗺𝗶𝘁 𝗦𝗘𝗖

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, MillerKnoll Inc ($MLKN (+0,44%)) and Smart Global Holdings Inc ($SGH (-1,51%)) present their quarterly figures.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, among others, Comcast Corp. ($CMCSA (-0,36%)) and Gab Inc. ($GPS (-0,15%)) are trading ex-dividend.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Apple ($AAPL (+0,65%)) - Apple is now the first company ever to be worth more than $3 trillion, which is more than the UK's annual economic output. This means that the Californian technology company has seen its share price rise by around 43,000% in 20 years.

NVIDIA ($NVDA (-0,03%)) - The major Swiss bank UBS ($UBSG (-1,95%)) makes NVIDIA its top pick in 2022. Even after a very strong 2021, which NVIDIA ended with a 125% increase in its share price, analyst Timothy Arcuri remains very optimistic about the chip company, according to Benzinga. He believes NVIDIA will benefit from "more stable revenue streams around its GPU and software segments."

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Ripple ($XRP (+3,39%)) - The lawsuit between Ripple and the SEC is expected to be resolved by a court decision in April 2022. In the December 2020 lawsuit, the SEC alleged that Ripple and its executives sold $1.3 billion worth of XRP in an unregistered securities offering. Ripple then argued that Ripple is not a security and thus they are not subject to securities laws. The ruling may have a very large impact on cryptocurrencies in general.

Follow us for french content on @MarketNewsUpdateFR