getquin Daily Summary 09.09.2022
Hello getquin,
we hope you had a good week and could enjoy the last summer days. Friday is a bit quieter again. Nevertheless, we provide you with the most important news of the day.
Europe🌍:
1. Edeka forces delivery of Coca Cola
The familiar dispute over purchase prices between Coca-Cola and Edeka is entering the next round. Coca-Cola had stopped supplying Edeka because Edeka would not accept a price increase. Now the Hamburg Regional Court has ruled that the US group must supply the supermarket chain again at the maximum purchase prices contractually agreed in January 2022.
Read more: https://bit.ly/3DdfNpn
🟥 $KO (-0,85%) 62,03€ (🔽 -0,24%)
Americas🌏:
2nd Tesla to build lithium refinery in Texas
Electric car giant Tesla says it is looking into the feasibility of building a lithium hydroxide refinery on the Texas Gulf Coast. Construction could start as early as this year and be completed by the end of 2024. However, according to Tesla, the project is only feasible if it is granted a tax break.
Read more: https://cnb.cx/3qw4H7e
🟩 $TSLA (+0,17%) 296,53€ (🔼 +2,48%)
Special: Queen Elizabeth II has died
The Queen of Great Britain and 14 other Commonwealths has died after 70 years of reign. She will be succeeded by her son Prince Charles. The government has declared the official period of mourning and also the Premier League will cancel the 7th matchday this weekend, as a sign of mourning.
Read more: https://bit.ly/3Qqg2As
Stocks of the day:
🟩 TOP $CEC (+0,08%) 1,53€ (🔼 +17,46%)
👍 Ceconomy's share price benefits from a short squeeze.
🟥 FLOP $KGX (-0,07%) 34,30€ (🔽 -4,11%)
👎 Supply bottlenecks and rising prices cause problems for suppliers
🟩 Most searched $AAPL (+0,27%) , 155,63€ (🔼 +0,78%)
🟩 Most traded $AAPL, 155,63€ (🔼 +0,78%)
🟩 S&P500, 4.061,93 (🔼 +1,39%)
🟩 DAX, 13.099,30 (🔼 +1,51%)
🟩 Bitcoin ₿, 21.003,39€ (🔼 +8,83%)
Time: 17:00 CEST
Fun Fact:
Did you know that cricket is the second largest sport in the world?
