Timeline
Monday
Airbus (AIR) — Wizz Air owner Indigo Partners has ordered 1145 Airbus aircraft for its holdings on the sidelines of the Dubai air show. Despite the pandemic, Airbus expects global demand for 30,020 new freighter and passenger aircraft over the next 20 years. Two years ago, Airbus had published a study with a 0.5 percent higher forecast. Thus, demand would grow steadily, but two years of that growth had been lost due to the pandemic. According to the forecast, demand for cargo aircraft will offset lower demand for passenger aircraft. Aircraft manufacturers will also benefit from the faster replacement of old and more inefficient airline aircraft.
Tuesday
Wirecard (WDI) — After the end of yesterday, Wirecard shares disappeared from regulated stock market trading. Since autumn 2018, when the share was at its peak, the security has lost 99.9 percent of its value. A total loss was the result of the stock market crash and Wirecard’s insolvency for many investors who believed in the tech company “made in Germany.” The Deutsche Schutzvereinigung für Wertpapierbesitz (DSW) recommends selling the securities because, even if the shares are no longer in one’s own securities account, claims for damages can be asserted against the auditing company EY until 2023. This possibility is now being dealt with by the courts and the final chapter has not yet been written.
Wednesday
Siemens Healthineers (SHL) — Following the acquisition of U.S. cancer specialist Varian (VNM), Siemens Healthineers aims to achieve significant profitable growth in the medium term. The “new ambitions” are to serve as a benchmark for the next three years, starting in the next fiscal year 2022/23. Thus, sales are to be increased by 6 to 8 percent annually, as well as 12 to 15 percent more adjusted earnings per share in each case. Previously, the forecast was somewhat lower, but with Varian, the radiation therapy provider acquired in the meantime, the targets are now more ambitious. For 2024/25, Varian is targeting an adjusted EBIT margin of over 20 percent.
Thursday
Nvidia (NVDA) — After hours yesterday, the share price rose strongly, driven by the high demand for chips for data centers and computer games. In the past quarter, NVIDIA posted an 84 percent increase in profits to $2.46 billion. Among other applications, NVIDIA’s technology is used for artificial intelligence applications, graphics cards and data center chips. NVIDIA is considering plans to buy the British chip designer ARM, whose technology is in almost all smartphones, despite concerns from competition authorities.
Friday
CureVac (CVAC) — The biotech company’s revenue rose 463 percent year-on-year to 29.3 million euros in the third quarter. The increase in revenue was mainly due to collaborations with British pharmaceutical group GlaxoSmithKline (GLAXO), the Tuebingen-based company said. However, Curevac’s operating loss increased from 36.7 million euros to 143.1 million euros compared to the same period last year. This was due to research and development costs for the company’s own Covid-19 vaccine, it said.
Crypto
BTC — $58.084,50
ETH — $4.233,35
Peru — The President of Peru’s Central Bank (Julio Velarde) has announced that the country is working with India, Singapore and Hong Kong to develop a central bank digital currency (CBDC). According to the Atlantic Council, 87 countries (accounting for more than 90% of global GDP) are currently researching a CBDC, and seven have already launched their own. By comparison, only 35 countries have considered developing a CBDC in the 2020 mail.
Sandbox (SAND) — After four years of development, the Sandbox Metaverse Alpha launches on November 29. The virtual real estate and gaming company opens up part of its Metaverse to players for the first time via a multi-week play-to-earn (P2E) alpha event. Players can monetize time spent in the Metaverse via a P2E model. They can buy land in-game, create NFTs, and earn the Sandbox Token (SAND). The price of SAND reached a new all-time high of $3.42 today. In 2021, SAND experienced a meteoric rise, gaining 8663.5% in the last 12 months.
The mentioned companies and firms have no association with getquin. The above references an opinion and is for information purposes only. It is not intended to be investment advice.
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