The situation at thyssenkrupp $TKA (+0,54%) is coming to a head! The steel division has been considering the sale of Hüttenwerke Krupp Mannesmann (HKM), but an important investor, CE Capital Partners, has now turned it down. This leaves the plant with its 3,000 employees facing an uncertain future. 😟

Thyssenkrupp had hoped that the sale would give HKM a fresh start. However, the rejection is a bitter setback. The company is still looking for other interested parties to prevent the closure. IG Metall has already signaled that it wants to enter into talks with potential buyers.

The question remains: What happens now? Thyssenkrupp must act urgently to secure the future of the steelworks. Is closure the last resort or is there still hope for a new investor? Let's discuss it!

World's largest battery manufacturer CATL plans mega IPO + Siemens with jump in profits + Redcare and DocMorris weak because of renewed fear of Amazon + Tesla with stabilization approach after series of losses + Thyssenkrupp lowers sales forecast and focuses on marine industry + US inflation rate rises surprisingly

World's largest battery manufacturer CATL plans mega IPO

• Chinese battery manufacturer Contemporary Amperex Technology (CATL) is on the verge of a mega IPO.
• The world's largest manufacturer of e-car batteries submitted the corresponding application to the Hong Kong Stock Exchange HKEX on Wednesday, confirming rumors of a secondary listing that have persisted for some time.
• The company from the southern Chinese city of Ningde is already listed on the Shenzhen stock exchange.
• As the news agency Bloomberg reported, CATL could now raise more than five billion US dollars with the listing in Hong Kong.
• The battery company intends to use this money primarily to finance investments in the plant currently under construction in Hungary, according to the listing prospectus.
• https://www.handelsblatt.com/unternehmen/industrie/elektromobilitaet-weltgroesster-batteriehersteller-catl-plant-mega-boersengang/100107367.html

Siemens $SIE (-0,45%)with jump in profits but automation continues to weaken

• Thanks to the sale of its subsidiary Innomotics, the technology group Siemens earned significantly more at the start of the year.
• Earnings after tax rose to 3.9 billion euros in the three months to the end of December, as the company announced in Munich on Thursday.
• Siemens received 3.1 billion euros from the sale.
• In the previous year, the profit amounted to just under 2.6 billion euros.
• In operational terms, however, Siemens recorded a decline due to the continuing weakness in the automation business.
• The result of the industrial business fell by eight percent to 2.5 billion euros.
• The largest contributions to earnings came from the intelligent infrastructure (SI) business and the medical technology subsidiary Siemens Healthineers .
• On a comparable basis, sales rose by three percent to just under 18.4 billion euros.
• This figure excludes currency and portfolio effects.
• Siemens performed slightly better than analysts expected for both key figures.
• The Group confirmed its forecast for the year.

Redcare $RDC (-1,39%)and DocMorris $DOCM (-1,46%)weak because fear of Amazon again $AMZN (-2,39%)

• New concerns about powerful competition from Amazon briefly put more pressure on the shares of Redcare Pharmacy and DocMorris on Wednesday afternoon.
• At times, Redcare fell by 4 percent to its low for the year.
• Most recently, it traded at 115.50 euros again, down just under 3 percent.
• DocMorris fell by a good 2 percent in Zurich.
• The reason for this was probably UBS expert Olivier Clavet's comment on the opening of the "Amazon Parafarmacia & Beauty" in Milan city center.
• Although the move itself is relatively insignificant, the license and the intention to expand into beauty and personal care products are not.
• According to Calvet, Redcare does not break down the share within non-prescription products.
• However, he believes that the Beauty and Personal Care (BPC) business is an important earnings driver

Tesla $TSLA (-4,32%)
with stabilization approach after series of losses

• Tesla shares rose noticeably on Wednesday after five consecutive days of weak trading.
• Most recently, the shares were up 3.6 percent at 340.25 US dollars.
• Traders referred to a positive analyst study.
• The experts at Benchmark Research gave the shares a "buy" rating and a target price of 475 dollars.
• Autonomous driving and robotics are seen as growth drivers, as is the further market penetration of electric vehicles.
• Since the presentation of disappointing quarterly figures at the end of January, the shares of the electric car manufacturer led by tech billionaire Elon Musk have lost more than 22% at their peak.
• For the year to date, this still represents a drop of around 16 percent.
• Tesla missed Wall Street's expectations with its sales and earnings figures for the past quarter. In the previous year, the e-car manufacturer had also suffered its first decline in deliveries for more than a decade.
• Musk himself said that he sees Tesla "between two waves of growth".
• He is focusing primarily on autonomous driving technology and presented the prototype of a robotaxi without a steering wheel or pedals in October.
• Since the election of Donald Trump as the new US president at the beginning of November, Tesla shares have been virtually unstoppable and had been rushing from record to record by mid-December.
• This resulted in an annual gain of more than 60 percent.
• Major shareholder Musk had strongly supported Trump during the US election campaign and has since been considered one of the future president's most influential advisors.
• Tesla investors are primarily hoping that the car manufacturer will receive approval for more far-reaching autonomous driving more quickly under Trump.
• Critics of Tesla point to the industry pioneer's ageing model range.

US inflation rate rises surprisingly - to 3.0 percent

• US inflation rose surprisingly at the start of the year.
• Consumer prices rose by 3.0% year-on-year in January, faster than the 2.9% increase in December.
• This was announced by the Department of Labor in Washington on Wednesday.
• Economists polled by Reuters had also expected 2.9 percent for January.
• From December to January, prices rose by 0.5 percent.
• Experts had only expected an increase of 0.3 percent.
• The US Federal Reserve, which is supposed to ensure stable prices and promote full employment, recently left the key interest rate in the range of 4.25 to 4.50 percent.
• This ended, for the time being, the series of cuts that began in September.
• When pausing interest rates, the central bank referred to the increased pace of price rises.
• As Fed Chairman Jerome Powell recently confirmed, the US monetary authorities are in no hurry to lower interest rates further in view of the healthy economy.
• They also want to wait and see what economic consequences the policy of punitive tariffs introduced by US President Donald Trump will have.
• Tariff hurdles harbor a new inflation risk, as they are likely to make imports from the countries affected more expensive.
• According to experts, the sharp rise in the cost of living in the USA in recent years is one of the reasons why Trump is likely to win the White House again on 20 January.
• Trump was able to move into the White House again on January 20.

Thyssenkrupp $TKA (+0,54%)lowers sales forecast due to weak demand and the ray of hope is the marine industry

• The industrial group Thyssenkrupp has had a mixed start to the year.
• Demand in the steel and automotive business as well as in trading remained rather weak.
• One bright spot was the marine business, which grew significantly.
• New business in particular developed strongly, as Thyssenkrupp announced in Essen on Thursday.
• Group CEO Miguel López wants to spin off the division.
• Work is continuing "at full speed" on the spin-off "in order to position the business in the best possible way to process the high order backlog and the continuing high level of customer interest in view of the changed security policy environment", he said when publishing the quarterly figures.
• In the three months to the end of December, thyssenkrupp's sales fell by four percent to 7.8 billion euros, which was significantly below expectations.
• In addition to weak demand, lower steel prices also had a negative impact.
• Adjusted earnings before interest and taxes, on the other hand, rose from 84 million to 191 million euros, which was a positive surprise.
• The company benefited from the ongoing restructuring program as well as lower raw material and energy prices.
• Above all, the profitability of the steel business increased.
• On the bottom line, thyssenkrupp posted a loss of 51 million euros and thus performed significantly better than in the same quarter of the previous year, when a loss of 314 million euros was also incurred due to depreciation and amortization.
• Thyssenkrupp lowered its sales forecast for the current financial year 2024/25 due to weak demand and now expects a range of minus three to 0 percent.
• Previously, the company had assumed a range of 0 to plus three percent.
• However, the earnings forecasts were confirmed.
• Due to advance payments in connection with a comprehensive order extension for four submarines at Marine Systems, thyssenkrupp raised its expectations for the cash inflow, which was widely observed by analysts.
• Free cash flow before mergers and acquisitions is expected to reach up to 300 million euros.
• The company had previously forecast an outflow of 200 to 400 million euros.
• Analysts had previously expected a cash inflow of 100 million euros.

Thursday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Shell USD 0.36
• Equinor NOK 0.35

• Quarterly figures / company dates USA / Asia
• 07:30 Sony annual result
• 08:00 Honda Motor annual results
• 09:25 Nissan quarterly figures
• 12:30 GE Healthcare annual results
• 13:00 Altice quarterly figures
• 21:00 Airbnb annual results
• No time specified: Deere & Co | Baxter International | Applied Materials Quarterly figures

• Quarterly figures / Company dates Europe
• 07:00 Siemens | Thyssenkrupp | Thyssenkrupp Nucera | Nestle | Commerzbank | Schott Pharma | DSM-Firmenich | Bertrandt | KWS Saat | Takkt Annual results
• 07:00 Fraport traffic figures January
• 07:30 Adyen | Douglas | MVV Energie | Orange Annual Results | Delivery Trading Update 4Q | Siemens PK
• 08:00 Barclays Annual Results | British American Tobacco | Unilever | Relx Annual Results
• 08:30 Siemens Analyst Conference
• 09:00 Nestle PK | Commerzbank Analyst Conference
• 10:00 Siemens AGM
• 10:30 Nestle Analyst Conference | Commerzbank BI-PK
• 11:00 Schott Pharma Analyst Conference | Thyssenkrupp Analyst and Press Conference
• 14:30 Commerzbank Capital Markets Day

• Economic data

08:00 DE: Consumer prices (final) January PROGNOSE: -0.2% yoy/+2.3% yoy Preliminary: -0.2% yoy/+2.3% yoy Previous: +0.5% yoy/+2.6% yoy HICP PROGNOSE: -0.2% yoy/+2.8% yoy Preliminary: -0.2% yoy/+2.8% yoy Previous: +0.7% yoy/+2.8% yoy

08:00 UK: GDP (1st release) 4Q FORECAST: 0.0% yoy/+1.2% yoy Q3: +0.1% yoy/+1.0% yoy | GDP month December | Trade Balance December | Industrial Production December

08:30 CH: Consumer prices January FORECAST: +0.4% yoy previously: +0.6% yoy

11:00 EU: Industrial Production December Eurozone OUTLOOK: -0.5% yoy/-3.6% yoy previously: +0.2% yoy/-1.9% yoy

14:30 US: Initial jobless claims (week) FORECAST: 215,000 previous: 219,000

14:30 US: Producer Prices January PROGNOSE: +0.3% yoy previous: +0.2% yoy Core rate (excluding food and energy) PROGNOSE: +0.3% yoy previous: 0.0% yoy

TEXAS INSTRUMENTS with 21 consecutive years of higher dividends + Thyssenkrupp now at the top of the MDax + Givaudan posts significantly higher sales and record profits + Ericsson's adjusted results worse than expected + Purchasing Managers' Index FR, DE, UK and US today

TEXAS INSTRUMENTS $TXN (-0,26%)with 21 consecutive years of higher dividends

• Texas Instruments generated sales of USD 4.01 billion in the fourth quarter of 2024, exceeding market expectations of USD 3.87 billion.
• However, sales fell by 2% compared to the previous year. Earnings per share of USD 1.30 were also above the consensus estimate of USD 1.20, but were 13% lower than in the previous year.
• Operating profit amounted to USD 1.38 billion, down 10% on the same period last year.
• What's next for the chip giant with a long history?
• https://stock3.com/news/texas-instruments-21-jahre-in-folge-mehr-dividende-16075310

Thyssenkrupp $TKA (+0,54%)now at the top of the MDax

• Thyssenkrupp shares significantly extended their gains on Thursday afternoon.
• They rose to their highest level since June 2024 and recently gained 7.2 percent as the best MDax stock.
• Market observers pointed to plans by Turkish steel manufacturer Tosyali, which had caused some movement.
• The company is looking for a steel producer in Europe to expand its green steel business.

Givaudan $GIVN (+0,23%)achieves significantly higher sales and record profit

• The flavor and fragrance manufacturer Givaudan achieved significantly higher sales in 2024 thanks to higher sales volumes. Growth at the Symrise competitor was particularly strong in the emerging markets.
• Profit exceeded one billion Swiss francs for the first time.
• Sales increased by 7.2 percent to 7.41 billion Swiss francs, as the supplier of flavors and fragrances for food, perfumes, household and personal care products announced on Friday.
• Negative currency effects dampened growth somewhat.
• In organic terms, i.e. adjusted for acquisitions and disposals as well as currency effects, Givaudan grew by as much as 12.3 percent.
• The Geneva-based group benefited from higher sales in all regions and segments.
• https://de.marketscreener.com/kurs/aktie/GIVAUDAN-SA-2956033/news/Givaudan-setzt-deutlich-mehr-um-und-erzielt-Rekordgewinn-48857955/

Ericsson's $ERIC A (-0,85%)adjusted results worse than expected

• Telecommunications equipment supplier Ericsson reports sales in line with expectations for the fourth quarter.
• The Executive Board is proposing an increased ordinary dividend.
• Adjusted earnings were significantly lower than expected.
• Sales increased by 1.4 percent to SEK 72.9 billion (71.9), above the Factset analysts' consensus of 72.9.
• Organic sales growth amounted to 2 percent (-17). The adjusted gross margin was 46.3 percent (41.1).
• The expectation was 45.4 percent. Ebita profit amounted to SEK 8.6 billion (6.7), with an Ebita margin of 11.8 percent (9.3).
• Adjusted EBITA amounted to SEK 10.2 billion (8.2), compared with an expected figure of 10.8, with an adjusted EBITA margin of 14.0 percent (11.4).
• Operating profit amounted to SEK 8 billion (5.8), with an operating margin of 11.0 percent (8.1).
• Adjusted operating profit amounted to SEK 9.6 billion (7.4), compared with an expected SEK 10.5 billion, with an adjusted operating margin of 13.2 percent (10.3).
• Profit after tax amounted to SEK 4.9 billion (3.4).
• Earnings per share amounted to SEK 1.44 (1.02).
• The proposed ordinary dividend amounts to SEK 2.85 per share (2.70).
• 2.82 was expected.

Friday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Pfizer USD 0.43

• Quarterly figures / company dates USA / Asia
• 13:00 American Express | Verizon Quarterly figures

• Quarterly figures / company dates Europe
• 07:00 Givaudan annual results | Ericsson quarterly figures
• 10:00 Vonovia ao AGM on the domination and profit and loss transfer agreement with Deutsche Wohnen

• Economic data

09:15 FR: Purchasing Managers' Index/PMI non-manufacturing (1st release) January Forecast: 49.5 Previous: 49.3 Total Purchasing Managers' Index (1st release) Forecast: 47.7 Previous: 47.5

09:15 FR: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 42.2 PREVIOUS: 41.9

09:30 DE: Purchasing Managers' Index/PMI non-manufacturing (1st release) January PROGNOSE: 51.0 PREVIOUS: 51.2 Total Purchasing Managers' Index (1st release) PROGNOSE: 48.3 PREVIOUS: 48.0

09:30 DE: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 42.5 PREVIOUS: 42.5

10:00 EU: Purchasing Managers' Index/PMI non-manufacturing Eurozone (1st release) January FORECAST: 51.5 PREVIOUS: 51.6

10:00 EU: Purchasing Managers' Index/PMI Manufacturing Eurozone (1st release) January PROGNOSE: 45.4 PREV: 45.1 Total Purchasing Managers' Index (1st release) PROGNOSE: 49.8 PREV: 49.6

10:30 UK: Purchasing Managers' Index/PMI non-manufacturing (1st release) January FORECAST: 50.9 PREVIOUS: 51.1

10:30 UK: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 47.0 PREVIOUS: 47.0

15:45 US: Purchasing Managers' Index/PMI Services (1st release) January FORECAST: 56.5 PREVIOUS: 56.8

15:45 US: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 49.7 PREVIOUS: 49.4

16:00 US: Consumer Sentiment Index Uni Michigan (2nd survey) January FORECAST: 73.2 PREVIOUS: 74.0

16:00 US: NAR, Existing Home Sales December FORECAST: +1.2% yoy previous: +4.8% yoy

I've finally managed to convince my parents that it's time to dive into the stock market and start investing regularly. As of March, I have a monthly budget of €538 (mini-job), which I will invest in various ETFs and shares to build up a broadly diversified portfolio to have a good buffer after graduating from high school.

My plan:

1. core/buffer (70%)

The majority of my budget goes into broad and stable ETFs that offer broad diversification:

$IWDA (-1,03%) (200 €): This is my basic ETF that covers companies from the largest and developed markets. It offers a stable and long-term source of growth.

$CSNDX (-1,63%) (100 €): This ETF focuses on technology companies that are likely to continue to grow strongly over the next few years.

$XMME (+0,28%) (75 €): I also want to invest in emerging markets such as China, India and Brazil to benefit from the momentum in these regions.

2. theme-specific ETFs (20%)

Here I focus on promising themes and markets:

$DFEN (-2,07%) (50 €): An ETF that invests in the defense industry, a sector that could continue to grow in the coming years.

$INRG (-0,55%) (50 €): Sustainability and the energy transition are important . I would therefore like to invest in renewable energies in order to benefit from green energy.

3. individual shares (10%)

I want to supplement my portfolio with individual stocks that have the potential for strong growth.

~60€ left for:

E.g

$NVDA (-3,63%)

$TKA (+0,54%)

I'm delighted that I can finally start investing and I'm excited to see how my portfolio will develop over the next few years!

Any ideas for improvement or tips? Keep them coming 👀

Analyst updates, 16.12.

⬆️⬆️⬆️

• JEFFERIES raises the price target for AMAZON from USD 235 to USD 275. Buy. $AMZN (-2,39%)
• CITIGROUP raises the price target for MUNICH RE from EUR 475 to EUR 522. Neutral. $MUV2 (-0,6%)
• BERENBERG raises the price target for RHEINMETALL from EUR 655 to EUR 750. Buy. $RHM (-1,89%)
• WARBURG RESEARCH raises the price target for PORSCHE SE from EUR 36 to EUR 37. Hold. $PAH3 (+0,48%)
• WARBURG RESEARCH raises the price target for HENSOLDT from EUR 40 to EUR 42. Buy. $HAG (+0,92%)
• JEFFERIES raises the target price for SHELL from GBP 31 to GBP 32. Buy. $SHEL (-1,69%)

⬇️⬇️⬇️

• BERNSTEIN lowers the price target for PORSCHE SE from EUR 46 to EUR 42. Market Perform. $PAH3 (+0,48%)
• HSBC downgrades SAP to Hold. Target price EUR 260. $SAP (-1,87%)
• LOOP CAPITAL downgrades NETFLIX to Hold. Target price 950 USD. $NFLX (-1,73%)
• EXANE BNP lowers the price target for MERCEDES-BENZ from EUR 57 to EUR 54. Underperform. $MBG (-1,31%)
• JEFFERIES downgrades FORD from Hold to Underperform and lowers target price from USD 12 to USD 9. $F (-0,67%)
• CITIGROUP lowers the price target for THYSSENKRUPP from EUR 5.80 to EUR 5.50. Buy. $TKA (+0,54%)
• STIFEL lowers the price target for AIXTRON from EUR 20 to EUR 18. Hold. $AIXA (-2,09%)
• PARETO downgrades TRATON to Hold. Target price EUR 32.50. $8TRA (-0,07%)
• DEUTSCHE BANK RESEARCH lowers the target price for KINGFISHER from GBP 3.50 to GBP 3.40. Buy. $KGF (-0,47%)
• METZLER lowers the price target for CARL ZEISS MEDITEC from EUR 104 to EUR 90. Buy. $AFX (-0,59%)
• BERENBERG lowers the price target for SCHOTT PHARMA from EUR 32 to EUR 28. Hold. $1SXP (+1,99%)
• CITIGROUP downgrades 1&1 to Neutral. Target price EUR 15. $1U1 (+1,37%)

Analsyst updates, 06.12.

⬆️⬆️⬆️

• BERNSTEIN raises the price target for SIEMENS from EUR 220 to EUR 227. Outperform. $SIE (-0,45%)
• JPMORGAN raises the target price for SIEMENS ENERGY from EUR 38.70 to EUR 44. Neutral. $ENR (-4,27%)
• JEFFERIES upgrades BMW from Hold to Buy and raises target price from EUR 80 to EUR 85. $BMW (-0,12%)
• ODDO BHF raises the price target for AURUBIS from EUR 70 to EUR 76. Neutral. $NDA (-3,06%)
• UBS raises target price for AUTO1 from EUR 9.80 to EUR 20.50. Buy. $AG1 (+0,69%)
• UBS raises the target price for NORDEA from SEK 144 to SEK 145. Buy. $NDA FI (+0,99%)
• DEUTSCHE BANK RESEARCH raises the price target for FREENET from EUR 34 to EUR 36. Buy. $FNTN (+0,91%)
• DEUTSCHE BANK RESEARCH raises the target price for DS SMITH from GBP 4 to GBP 5.80. Hold. $SMDS
• JPMORGAN raises the price target for THYSSENKRUPP from EUR 3.80 to EUR 4.10. Neutral. $TKA (+0,54%)
• JPMORGAN raises the target price for SALZGITTER from EUR 11.50 to EUR 14.10. Underweight. $SZG (-3,59%)
• JPMORGAN raises the price target for SCHNEIDER ELECTRIC from EUR 270 to EUR 275. Overweight. $SU (+0,5%)
• JPMORGAN raises the price target for KNORR-BREMSE from EUR 88 to EUR 92. Overweight. $KBX (+0,71%)
• MORGAN STANLEY upgrades HANNOVER RÜCK to Overweight. Target price EUR 292. $HNR1 (-0,02%)
• JPMORGAN raises the target price for COMMERZBANK from EUR 18.40 to EUR 19.50. Overweight. $CBK (-0,9%)

⬇️⬇️⬇️

• GOLDMAN lowers the price target for LVMH from EUR 770 to EUR 720. Buy. $MC (+0,4%)
• MORGAN STANLEY downgrades MUNICH RE to Equal-Weight. Target price 523 EUR. $MUV2 (-0,6%)
• JEFFERIES downgrades MERCEDES-BENZ from Buy to Hold and lowers target price from EUR 73 to EUR 60. $MBG (-1,31%)
• ODDO BHF lowers the price target for DELIVERY HERO from EUR 43 to EUR 38. Neutral. $DHER (-3,81%)
• WARBURG RESEARCH lowers the price target for COMPUGROUP from EUR 31 to EUR 24.50. Buy. $COP (-0,63%)
• JPMORGAN lowers the price target for VESTAS from DKK 143 to DKK 123. Neutral. $VWS (-1,47%)
• JPMORGAN lowers the price target for KION from EUR 44 to EUR 43. Overweight. $KGX (-0,36%)
• MORGAN STANLEY downgrades ORSTED to Equal-Weight. Target price DKK 480. $ORSTED (-1,82%)

As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/MIWRHpxCCDo?si=TgjZ1ipOUpkOa-Vt

Monday:

A plane of the $DHL (+0,55%) DHL Group plane crashes into a residential building in Lithuania. One person dies and several are injured. It is suspected that the accident could have been caused by an act of sabotage by Russia.

https://m.bild.de/news/litauen-dhl-flugzeug-aus-leipzig-stuerzt-auf-wohnhaus-ein-toter-67440f0603d64b3540b295f1

The construction industry continues to suffer from high interest rates. Compared to August, there was a 12.4% drop in orders in September. The construction industry is hoping for further interest rate cuts by the ECB. The key interest rate could be cut again as early as December.

https://www.handelsblatt.com/politik/konjunktur/konjunktur-bauauftraege-mit-groesstem-einbruch-seit-fast-zweieinhalb-jahren/100090592.html

$TKA (+0,54%) Thyssen Krupp Steel decides to reduce production, which means that 5,000 jobs will probably be cut.

https://www.handelsblatt.com/unternehmen/industrie/stahlhersteller-thyssen-krupp-steel-baut-5000-arbeitsplaetze-ab/100090651.html

Wednesday:

Applications for unemployment benefits in the USA 🇺🇸 continue to fall. The American labor market is humming. In fact, fewer applications were filed than forecast.

https://www.reuters.com/markets/us/us-weekly-jobless-claims-decline-further-2024-11-27/

Secret plans by Benko and CEO Daniel Grieder for $BOSS (+0,31%) Hugo Boss, together with a short seller's increase, have caused a significant fall in the fashion company's share price today.

https://www.wiwo.de/unternehmen/handel/brisante-e-mail-mit-strategieplaenen-hugo-boss-und-rene-benko-gewerkschaft-fordert-aufklaerung/30104508.html

Thursday:

The FDP today published the document for which it was heavily criticized by the SPD and the media. Contrary to what was presented, the document presents scenarios and does not specifically plan the end of the traffic light system.

https://m.bild.de/politik/inland/fdp-macht-d-day-papier-oeffentlich-beginn-der-offenen-feldschlacht-67488a0afc23cc2c0725bba3

The inflation rate in Germany rises to 2.2% in November. This is the second month in a row that the inflation rate has risen, but is only moderately above the ECB's 2.0% target. However, economists had expected an increase to 2.3%.

https://www.tagesschau.de/wirtschaft/verbraucher/inflation-november-erste-schaetzung-100.html

Key dates in the coming week:

Monday: 16:00 Economic data (USA)

Wednesday: 11:00 Producer prices (EU)

Friday: 16:00 Michigan Index (USA)

What other important dates can you think of?

#wirtschaft
#usa
#eu
#erzeugerpreise

Analyst updates, 25.11.

⬆️⬆️⬆️

- MORGAN STANLEY upgrades ROBINHOOD to Overweight. Target price USD 55. $HOOD (-7,16%)

- BARCLAYS raises the price target for DEUTSCHE TELEKOM from EUR 37 to EUR 39.50. Overweight. $DTE (+0,67%)

- BERENBERG raises the target price for SIEMENS ENERGY from EUR 35 to EUR 70. Buy. $ENR (-4,27%)

- UBS raises the target price for RHEINMETALL from EUR 570 to EUR 630. Neutral. $RHM (-1,89%)

- BARCLAYS raises the price target for 1&1 from EUR 17 to EUR 20. Equal-Weight. $1U1 (+1,37%)

- DEUTSCHE BANK RESEARCH upgrades VESTAS from Hold to Buy. $VWS (-1,47%)

- DEUTSCHE BANK RESEARCH raises the price target for VONOVIA from EUR 33 to EUR 38. Buy. $VNA (+0,26%)

- DEUTSCHE BANK RESEARCH raises the price target for TAG IMMOBILIEN from EUR 16 to EUR 18. Buy. $TEG (-0,85%)

- DEUTSCHE BANK RESEARCH upgrades AROUNDTOWN from Sell to Hold. Target price EUR 2.80. $AT1 (+0,28%)

- DEUTSCHE BANK RESEARCH raises the price target for LEG IMMOBILIEN from EUR 90 to EUR 105. Buy. $LEG (-0,46%)

- DEUTSCHE BANK RESEARCH upgrades DEUTSCHE WOHNEN from Hold to Buy and raises target price from EUR 19 to EUR 28. $DWNI (-0,22%)

- STIFEL raises the price target for NOVARTIS from CHF 106 to CHF 109. Hold. $NUVN

- DEUTSCHE BANK RESEARCH upgrades JD SPORTS FASHION from Sell to Hold. $JD. (-1,25%)

- DEUTSCHE BANK RESEARCH raises the price target for ALSTOM from EUR 22 to EUR 25. Buy. $ALO (-2,19%)

- MORGAN STANLEY raises the price target for DEUTSCHE BÖRSE from EUR 213 to EUR 232. Equal-Weight. $DB1 (-0,57%)

- KEPLER CHEUVREUX raises the target price for ECKERT & ZIEGLER from 57.30 EUR to 60.30 EUR. Buy. $EUZ (-2,2%)

- BARCLAYS raises the target price for UNITED INTERNET from EUR 23 to EUR 26. Equal-Weight. $UTDI (+0,66%)

- JEFFERIES raises the price target for HEIDELBERG MATERIALS from 142.10 EUR to 145.50 EUR. Buy. $HEI (+0,51%)

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- DEUTSCHE BANK RESEARCH lowers the price target for KION from EUR 55 to EUR 50. Buy. $KGX (-0,36%)

- DEUTSCHE BANK RESEARCH lowers the price target for CTS EVENTIM from EUR 114 to EUR 106. Buy. $EVD (+0,29%)

- GOLDMAN downgrades ORSTED from Buy to Neutral and lowers target price from DKK 520 to DKK 445. $ORSTED (-1,82%)

- DEUTSCHE BANK RESEARCH lowers the price target for H&M from SEK 200 to SEK 190. Buy. $HM B (+0,62%)

- MORGAN STANLEY lowers the price target for MERCK KGAA from EUR 200 to EUR 190. Overweight. $MRK (+2,28%)

- BARCLAYS lowers the target price for THYSSENKRUPP from EUR 4.40 to EUR 4. Underweight. $TKA (+0,54%)

- MORGAN STANLEY downgrades ING to Equal-Weight. Target price EUR 17.50. $ING (-0,3%)

- JPMORGAN lowers target price for RWE from EUR 48 to EUR 47.50. Overweight. $RWE (+1,08%)

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- BOFA raises the price target for WALMART from USD 95 to USD 105. Buy. $WMT (-2,31%)

- JEFFERIES raises the price target for WALMART from USD 100 to USD 105. Buy. $WMT (-2,31%)

- HAUCK AUFHÄUSER IB raises the target price for RHEINMETALL from EUR 680 to EUR 750. Buy. $RHM (-1,89%)

- WARBURG RESEARCH raises the target price for RHEINMETALL from EUR 600 to EUR 700. Buy. $RHM (-1,89%)

- JPMORGAN raises the price target for SALESFORCE from USD 310 to USD 340. Overweight. $CRM (-2,41%)

- WARBURG RESEARCH raises the target price for LEG IMMOBILIEN from EUR 81.60 to EUR 90.50. Hold. $LEG (-0,46%)

- DEUTSCHE BANK RESEARCH raises the price target for HEIDELBERG MATERIALS from EUR 116 to EUR 137. Buy. $HEI (+0,51%)

- KEPLER CHEUVREUX raises the price target for GFT TECHNOLOGIES from EUR 31 to EUR 32. Buy. $GFT (-0,48%)

- ODDO BHF raises the target price for TALANX from EUR 76 to EUR 78. Underperform. $TLX (-0,72%)

- KEPLER CHEUVREUX raises the target price for THYSSENKRUPP from EUR 3.70 to EUR 3.80. Hold. $TKA (+0,54%)

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- STIFEL lowers the price target for BAYER from EUR 36 to EUR 28. Hold. $BAYN (+1,43%)

- LBBW downgrades ENI from Buy to Hold and lowers target price from EUR 16.70 to EUR 15. $ENI (-0,63%)

- WARBURG RESEARCH lowers the target price for SFC ENERGY from EUR 29 to EUR 27. Buy. $F3C (-0,89%)

- WARBURG RESEARCH lowers the target price for TECHNOTRANS from EUR 23 to EUR 21. Buy. $TTR1 (-1,04%)

- DEUTSCHE BANK RESEARCH lowers the price target for CUREVAC from USD 3.90 to USD 2.50. Hold. $CVAC (+0,96%)

- BERENBERG lowers the price target for ASTRAZENECA from GBP 150 to GBP 140. Buy. $AZN (+1,03%)

19.11.2024

MicroStrategy buys Bitcoin for USD 4.6 billion + Another billion-dollar loss at Thyssenkrupp + Delvery Hero with details of Talabat IPO

No listed company holds more Bitcoin than MicroStrategy
$MSTR (-6,56%). Now Michael Saylor's company strikes again and buys 51,780 BTC. The BTC $BTC (+0,55%) price is moving towards an all-time high and MicroStrategy continues to buy more Bitcoin. The average price for the latest accumulation is 88,627 US dollars per Bitcoin. The money for the purchases comes from recent capital increases. On average, the BTC purchased by MicroStrategy now cost 49,874 US dollars.

https://www.btc-echo.de/schlagzeilen/microstrategy-kauft-bitcoin-fuer-4-6-milliarden-us-dollar-195426/

The industrial group Thyssenkrupp $TKA (+0,54%) once again recorded a billion euro loss in the past financial year. The bottom line for 2023/24 (as at the end of September) was a loss of 1.4 billion euros, following a loss of 2 billion euros in the previous year, as the company announced in Essen on Tuesday. Thyssenkrupp wrote down around one billion euros on the weakening steel business. There were further write-downs in steel trading and the automotive business. Falling demand and lower steel prices led to a drop in sales of seven percent to 35 billion euros. Incoming orders fell by eleven percent to 32.8 billion euros. In addition to weak business in the steel and trading divisions, the automotive business also recorded declines. Only the marine division was able to grow. Adjusted earnings before interest and taxes (EBIT) fell by almost a fifth to 567 million euros. The company thus achieved its recently lowered forecast.

Delivery Hero $DHER (-3,81%) has announced details of the planned IPO of Talabat. The price range for Talabar shares has been set at 1.50 to 1.60 dirhams. Approximately 3.5 billion shares will be offered to investors during the subscription period, which will begin on November 19, 2024 and is scheduled to end on November 28, 2024. Depending on the final offer price, the gross proceeds will be between 5.2 and 5.6 billion dirhams, or approximately 1.4 to 1.5 billion dollars. Delivery Hero lost 4 percent - shareholders may have hoped for a somewhat more ambitious valuation.

Tuesday: Stock market dates, economic data, quarterly figures

ex-dividend of individual stocks

ENI USD 0.54

Quarterly figures / company dates USA / Asia

14:00 Walmart quarterly figures

20:00 Qualcomm Capital Markets Day

Quarterly figures / company dates Europe

07:00 Thyssenkrupp | Springer Nature Quarterly figures

07:30 SFC Energy quarterly figures

08:00 Imperial Brands | Medtronic quarterly figures

08:30 Nestle Capital Markets Day

10:00 Sto SE Quarterly Figures | Thyssenkrupp BI-PK

11:00 Swiss Re: Global Economic and Insurance Market Outlook 2025/26

12:00 Thyssenkrupp Analyst Conference

No time specified:

- Delivery Hero: Subsidiary Talabat - Publication of price range for the new shares to be issued as part of the IPO

- Rheinmetall: Capital Markets Day, Rome

Economic data

• 08:00 DE: Manufacturing order backlog and reach September | Hospitality sales October
• 11:00 EU: Consumer Prices October Eurozone FORECAST: +0.3%gg FM/+2.0% yoy PREVIEW: +0.3%gg FM/+2.0% yoy PREVIEW: -0.1%gg FM/+1.7% yoy Core (excluding energy, food, alcohol, tobacco) FORECAST: +0.2%gg FM/+2.7% yoy PREVIEW: +0.2%gg FM/+2.7% yoy PREVIEW: +0.1%gg FM/+2.7% yoy
• 14:30 US: Housing starts/permits October housing starts FORECAST: -1.0% yoy previous: -0.5% yoy Building Permits FORECAST: +0.8% yoy previous: -2.9% yoy
• 18:00 BR: Chancellor Scholz, statement at the end of the G20 summit in Rio de Janeiro