The stock markets have been quite turbulent recently. A strong rally was followed by profit-taking, and some stocks such as ThyssenKrupp, ARM Holdings, Groupe Gorgé and Palantir were particularly in focus. But let's take a look at Gap $GPS (-4,41%) take a look at Gap.

The American clothing company really surprised on the upside with its figures for the first quarter of 2024. Sales rose to a whopping USD 3.39 billion and the company was able to present a positive net result of USD 0.41 per share after a loss in the previous year. This is significantly better than the consensus forecasts - a real ray of hope for investors! 🔥

In addition, the Management Board has raised its annual targets, which is why many analysts have had to adjust their forecasts. The fair value of the share was previously around USD 22, and it will be exciting to see how the share develops. If you are looking for potential investments, Gap $GPS (-4,41%) might be worth a look.

Earnings next week | all eyes on $NVDA (-6,14%) 👀

$NVDA (-6,14%)

$SNOW (-4,44%)

$WMT (-0,92%)

$PANW (-4,92%)

$NIO (-10,08%)

$SYM

$TGT (-4,66%)

$ZIM (-4,42%)

$TCOM (-2,43%)

$WKHS

$LOW (-1,93%)

$BTBT

$POWL (-3,32%)

$BIDU (-8,38%)

$PDD (-6,86%)

$XPEV (-7,58%)

$TJX (+0,41%)

$JACK (-5,66%)

$WIX (-3,61%)

$BTDR (-12,96%)

$DE (-3,27%)

$MDT (-1,23%)

$AZEK

$BRBR (-4,25%)

$CPA (-2,33%)

$EH

$ROST (-3,91%)

$DY (-2,4%)

$ESTC (-4,39%)

$GPS (-4,41%)

$INTU (-2%)

$BRC (-0,8%)

$TUYA (-6,87%)

$TWST (-2,97%)

$SQM (-6,01%)

$KEYS (-7,24%)

$BJ

$FUTU (-11,96%)

$VIPS (-5,75%)

$VIK

$ZTO (-3,03%)

$MMS

$MOND

$ATAT

$ACM

$ALLT (-6,11%)

$WSM (-4,63%)

$LZB (-3,21%)

$MYTE (-3,96%)

$J (-2,97%)

Outlook for next week.

Monday

• Mizuho Financial Group ($MFG (-5,32%) ), XP Inc. ($XP (-3,27%) ), Sun Life Financial (SLF), Tyson Foods ($TSN (+0,38%) ) and AECOM ($ACM (-2,64%) ) present their quarterly reports are presented.
• Publication of the New York Fed Consumer Inflation Expectations (October).

Tuesday

• The Home Depot ($HD (-1,47%) ), Sumitomo Mitsui Financial Group ($8316 (-4,23%) ), Mitsubishi Financial Group ($8306 (-6,78%) ), Nu Holdings ($NU (-3,45%) ), Sea Limited ($SE (-4,15%) ) and Tencent Music Entertainment Group ($TME (-4,68%) ) report their quarterly results.
• Publication of the NFIB Small Business Optimism Index (October) and the Consumer Price Index (CPI) (October).

Wednesday

• Cisco Systems ($CSCO (-3,83%) ), TJX Companies ($TJX (+0,41%) ), Palo Alto Networks ($PANW (-4,92%) ), Target ($TGT (-4,66%) ), JD.com ($JD. (-0,9%) ), XPeng ($XPEV (-7,58%) ), Catalent ($CTLT ) and Tetra Tech ($TTEK (-1,35%) ) 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 ($WMT (-0,92%) ), Alibaba Group ($BABA (-8,67%) ), Applied Materials Inc. ($AMAT (-6,65%) ), NetEase Inc. ($NTES (-3,43%) ), Ross Stores ($ROST (-3,91%) ), Warner Music Group ($WMG (-0,54%) ), NICE Ltd. ($NICE (+0%) ), Bath & Body Works ($BBWI (-4,02%) ), The Gap Inc. ($GPS (-4,41%) ), Macy's ($M (-5,29%) ) and Spire Inc. ($SR (-1,74%) ) 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 ($BJ (+0,65%) ), Atkore Inc. ($ATKR (-3,3%) ) and Spectrum Brands Holdings ($SPB (-2,7%) ) 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 (-5,94%) 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 (-4,31%) Share from the hype profit. Retailers such as. $GPS (-4,41%), $CROX (-5,15%) and $KSS (-8,16%) 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 (-4,41%) 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 (-0,92%) (🔼 +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 (-4,41%) (🔽 -2,87%)

Quarterly figures:

Pepsico $PEP (+3,06%)

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 (-5,13%) 22,76 € (🔼 +15,67%)

🟥 FLOP $BYDDY (-6,02%) , 68,88 (🔽 -11,04%)

🟩Most searched $ALV (-0,68%) , 178,46 € (🔼 +0,08%)

🟥 Most traded $BYDDY (-6,02%) , 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?