𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️
𝗘𝘃𝗲𝗿𝗴𝗿𝗮𝗻𝗱𝗲 𝗮𝘂𝗳 𝟭𝟭 𝗝𝗮𝗵𝗿𝗲𝘀𝘁𝗶𝗲𝗳 / 𝗬𝗲𝗹𝗹𝗲𝗻 𝘄𝗶𝗹𝗹 𝗦𝗰𝗵𝘂𝗹𝗱𝗲𝗻𝗼𝗯𝗲𝗿𝗴𝗿𝗲𝗻𝘇𝗲 𝗮𝗻𝘇𝗶𝗲𝗵𝗲𝗻 / 𝗘𝗹 𝗦𝗮𝗹𝘃𝗮𝗱𝗼𝗿 𝗯𝘂𝘆𝘀 𝘁𝗵𝗲 𝗗𝗶𝗽
𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅
Today, Logitech ($LTEC (-0,05%)) and Restaurant Brands ($0R6 (+0,21%)) ex-dividend.
𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈
Today, Lennar Corp. ($LENB (+0,41%)) and Erytech ($2E4A) will present their figures.
𝗜𝗣𝗢𝘀 🔔
𝗩𝗲𝗴𝗮𝗻𝘇 - The full-range vegan food supplier has announced it will complete its planned IPO in the next 12 months. This was confirmed by founder and CEO Jan Bredack this morning. The enterprise sees in the future a very strong growth potential particularly by the customer group of the so-called "Flexitarier". It concerns thereby persons, who do not nourish themselves exclusively vegan, but consume increased climaticneutral and animal-free food. The company's product range currently consists of 120 purely vegan products. Veganz has been able to grow strongly, primarily due to the change in consumer buying behavior in recent years. Most recently, however, the company had to report a balance sheet deficit of 8.73 million euros, which was cured for the time being in June 2021 by an equity financing round of 11 million euros.
𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️
𝗙𝗿𝗲𝗶𝗲𝗿 𝗙𝗮𝗹𝗹 - Evergrande share ($EV1A) at lowest level in 11 years.
The heavily indebted Chinese real estate group now dragged down other real estate and financial stocks, confirming fears that the crisis will spread to other companies.
The mountain of debt has now piled up to over $300 billion. Several interest payments are due this week alone, leading experts to believe that a default is becoming increasingly likely. Others are already talking about Lehman Brothers 2.0.
𝗝𝗮𝗻𝗲𝘁 𝗬𝗲𝗹𝗹𝗲𝗻 - The U.S. Treasury Secretary is pushing to take on more debt.
In an op-ed in the Wall Street Journal, she wrote that a failure by the U.S. to meet its obligations could trigger a historic financial crisis from which the U.S. would emerge as a permanently weakened nation.
If the U.S. defaults, the damage from the Corona pandemic could worsen.
Republicans in Congress have so far refused to raise the debt ceiling.
𝗖𝗿𝘆𝗽𝘁𝗼 💎
𝗘𝗹 𝗦𝗮𝗹𝘃𝗮𝗱𝗼𝗿 - The first country in which bitcoin ($BTC-EUR (+2,16%)) has been recognized as a legal currency is now going a step further and buying the "dip." The President of the Central American country Nayib Bukele announced via Twitter this Monday morning that the country purchased 150 BTC (~$6.75 million) and now holds a total of 700 BTC (~$31.5 million). Furthermore, Bukele shared of the "presidential notice" that you can't be beaten if you buy the dip. Within the country, there has been increased unrest in recent months due to the recognition of Bitcoin as a currency and the use of government funds to purchase the cryptocurrency. The rating agency Standard & Poor's Global also stated that the purchase of Bitcoin has a direct negative impact on the country's credit rating. Furthermore, S&P states that these actions reduce the country's chances of receiving international funding.
