DayFR Euro

Weekly investor update: Donald Trump by KO

TOPS

Apple wine +77,34 % : $9.2. that was the software developer’s share price less than two years ago. Since then, the stock has skyrocketed and is now trading near $265 thanks to this week’s gains accumulated with the remarkable third quarter results.

Coinbase +48,04 % : the entire crypto environment took off following the election of Donald Trump, who took favorable positions on these assets during his campaign. He indicated that the State would hold bitcoins as strategic reserves and that he wanted the replacement of Gary Gensler at the head of the American stock market watchdog, the SEC, which is considered unfavorable to the development of digital currencies. Coinbase, one of the major exchanges, is well positioned to benefit from this new momentum.

Salzgitter +37,92 % : the steelmaker has come out of its downward spiral while its second shareholder, GP Günter Papenburg, is considering a purchase offer with TSR Recycling. Details of the transaction were not provided.

Palantir +39,29 % : nothing seems to be able to slow down the data analysis specialist anymore. On Tuesday, the stock soared 23.5% after a further increase in annual forecasts. The company is one of the big winners in artificial intelligence.

Rheinmetall +14,23 % : the German defense group shows no signs of slowing down. The results were in line with expectations but they underline the bright future of the company: the order book reached €52 billion.

Security +13,22 % : The Swedish specialist security group was strong in Q3. Prices were increased and activity at airports was very brisk.

Swiss RE +5,76 % : the reinsurer has strengthened its reserves for its civil liability activities in the United States. This allows us to start again on solid foundations next year.

FLOPS

Match Group -14,37 % : the figures from the publisher of online dating sites are slightly lower than expected and the market has not been kind to the reception of the publication. Match Group notably owns Tinder, Hinge and Meetic. -14

Air -KLM -11,69 % : the airline saw its profitability collapse. The Olympic Games have a lot to do with it, as international tourists have avoided the French capital. In addition, KLM faced significant additional costs, particularly in maintenance.

MercadoLibre -8,9 % : South America’s Amazon published significantly below expectations. Analysts expected earnings per share of $9.85; they got $7.83. However, the figures show strong growth compared to last year.

AstraZeneca -10,15 % : several dozen executives from the laboratory’s Chinese unit could be involved in a major insurance fraud case. This announcement overshadowed the good results of clinical studies in obesity and persistent inflammation of the nasal mucosa.

Credit Agricole -6,65 % : the banking group was penalized by its retail banking activities in France. Business failures, synonymous with unrepaid loans, increased while the comparison base effect was unfavorable.

Legrand -6,48 % : the electrical infrastructure specialist reduced its operating margin expectations for the year due to a complicated construction market. In the third quarter, analysts were hoping for better figures.

Novo Nordisk -3,02 % : the quarterly results are very good. Weight loss drug Wegovy continues to show phenomenal growth. On the other hand, the group has tightened its forecast range and expects “only” 10% growth in 2025.

-

Related News :