𝗴𝗲𝘁𝗾𝘂𝗶𝗻 𝗗𝗮𝗶𝗹𝘆 𝗦𝘂𝗺𝗺𝗮𝗿𝘆 𝟭𝟭.𝟬𝟱.𝟮𝟬𝟮𝟮
Hello getquin!
“Another day, another nickel” (Squidward Tentacles, year unknown)
𝗘𝘂𝗿𝗼𝗽𝗲🌍:
1. Marlboro-maker bids for Swedish match
Philip Morris International $PM (+0,09%) has made a $16 billion bid to buy rival Swedish Match $SWMA , who are primarily known for producing smoke-free “snus”. $SWMA shares are at a 32% premium since talks were announced. This product is currently not authorised for sale in the EU, except Sweden, but this move is part of PMI’s push to diversify beyond tobacco-based products.
🟩 $SWMA Swedish Match AB (🔼+8.79%)
𝗔𝗳𝗿𝗶𝗰𝗮🌏:
2. MARA raises $23m from Coinbase Ventures
MARA, a pan-African crypto exchange platform, has received $23m in seed funding from Coinbase $COIN (+1,91%) Ventures, FTX, and other web3 investors. This funding will allow MARA to build a suite of products, as they want to address the increasing demand for crypto in the region, where crypto usage grew 1,200% last year.
🟥 $COIN (+1,91%) Coinbase Global (🔽-24.16%)
𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝘀🌎:
3. Brazil inflation at highest level in 26 years
Despite already high expectations of 12.07%, prices increased by 12.13% in the 12 months through April in Brazil. This is the steepest increase the world’s fifth-most populous nation has seen in 26 years. Prices in eight of the nine categories which make up the consumer prices benchmark saw price increases in April.
𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝗰𝗮𝗹𝗹𝘀🗣:
1. Electronic Arts $EA (+0,18%)
🟥 EPS: $0.80 vs $1.43 expected (-44.06%)
🟥 Revenue: $1.75bn vs $1.77bn expected (-0.92%)
2. $FOX (+0%) Corporation
🟥 EPS: $0.80 vs $1.43 expected (-44.06%)
🟩 Revenue: $3.46bn vs $3.39bn expected (+2.00%)
𝗦𝘁𝗼𝗰𝗸𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗱𝗮𝘆🔔:
🟩 TOP, $EA (+0,18%) Electronic Arts Inc (🔼+11.08%)
🟥 FLOP, $COIN (+1,91%) Coinbase Global (🔽-24.16%)
🟥 Most searched, $UPST (+1,31%) Upstart Holdings (🔽-10.89%)
🟥 Most traded, $COIN (+1,91%) Coinbase Global (🔽-24.16%)
🟩 S&P500 (🔼+0.37%)
🟩 DAX (🔼+1.69%)
🟩 $BTC (+2,05%) Bitcoin ₿, $31,569.00 (🔼+1.84%)
Time: 17:15 CEST
Did you know that there are only 7 countries with a GDP larger than $AAPL ‘s market cap of $2.47 trillion?
