Category: stock market
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What is so different about the German DAX?
The DAX or Deutscher Aktienindex (German stock exchange) is very popular especially among traders since it is very predictable. The DAX represents the 40 biggest and most liquidated companies in Germany. But in comparison to other indices like the S&P 500 it works a lot different concerning the selecion of the companies that are part…
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Meta added $197 million in market capitalization
On Saturday, February 2nd, the stock of Meta surged by about 20%. This happened after the company proposed their earnings of last year and they announced a new shareholder return initiative. Last years earnings turned out to be better than expected which left investors bullish towards the company and caused it to add almost $200…
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Novo Nordisk became second European company to reach $500 billion valuation
The Danish company Novo Nordisk became the second European company to reach the $500 billion in market value. This was also due to their popular obesity drug. The company experienced a massive increase on Wednesday, January 31, and surpassed a level that was only surpassed by the famous LVMH before. But is the company worth…
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Eli Lilly overtakes Tesla in value
After a massive loss for Tesla on Thursday January 2024 the weight-loss drug maker Eli Lilly overtook Elon Musk’s Tesla in valuation. This happened as Eli Lilly gets more hype because of different world changing projects that they are working on while Tesla faces more issues with their electric vehicles. Massive losses for Tesla Elon…
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Netflix to stream WWE content after massive $5 billion deal
Netflix reached an agreement with the WWE to stream their wrestling program “Raw”. This deal will go from 2025 for 10 years. Now Netflix will be able to stream the events life on their platform. This deal costs Netflix a total of $5 billion. Moreover the company hopes to increase their revenue with that move….
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Latest Apple drama
Recently there’s been a lot of focus on Apple and it’s shares and what actions the company would take. Apple cut the prices of its products in China. They also faced major problems with their watch as they had to produce and sell it without the blood oxygen feature. Microsoft overtook Apple as the world’s…
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BlackRock buys GIP
Asset manager BlackRock acquires Global Infrastructure Partners (GIP) for a total of $12.5 billion. The move is driven by growing demand for new energy, transport and digital infrastructure. BlackRock’s chief executive officer, Larry Fink, told investors that he believes “the next 10 years are going to be a lot about infrastructure”. Why BlackRock is buying…
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Massive layoffs recently
After the bad start of 2024 for the stock market and with that some companies, massive layoffs are happening now at some companies. The biggest companies to report layoffs are Unity, Duolingo, Blackrock, Amazon and Google. These layoffs are due to the companies situation and the changing situation in different industries. Some are also results…
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Apple announced launch of Vision Pro in February
After recent losses not only for Apple but for all of the “Magnificent Seven”, Apple has announced that it will launch the Apple Vision Pro on 2 February. You can pre-order the Vision Pro from 19 January. The company is entering a new market that is not yet very mature. This is why Apple can…
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2024 starts with big loss for Apple and the indices
First of all, Happy New Year to all of you. I hope for you that you can stick to all of your New Years resolutions. Just keep in mind that you can become a totally different person if you stick to the plan. On todays agenda is the big loss for Apple and co. and…