Tesla worth a trillion dollars after record share run US car rental company Hertz is pouring billions into expanding its electric car fleet with a major order from Tesla. The rival of Sixt announced on Monday in Estero in the US state of Florida that 100,000 Teslas had been ordered by the end of 2022. Previously, the financial news agency …
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Frankfurt – 25/10/2021 Tesla Boom After a sluggish start, the US stock markets turned up and reached new highs. Tesla shares, in particular, were in demand, and the electric car manufacturer is now worth more than one trillion dollars for the first time. Investors are looking ahead with optimism to the corporate reporting season, which will be in full swing …
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Frankfurt – 22/10/2021 Reshuffle After tech stocks clearly dominated over blue chips this week, the tide turned today: blue chips rose, while the Nasdaq suffered losses. Meanwhile, Federal Reserve Chairman Jerome Powell provided the movement with his unexpectedly clear words on tapering, i.e. the gradual reduction of the Fed’s multi-billion bond purchases. Investors thus had a whole host of news …
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PepsiCo raises annual targets again US beverage and snack maker PepsiCo is even more optimistic about the entire year after strong growth in the third quarter. The company is benefiting from buoyant demand for soft drinks and snacks. Sales are expected to grow by eight per cent on its own in 2021, as Coca-Cola’s rival announced in Purchase on Tuesday. …
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Frankfurt – 05/10/2021 Bounce On Wall Street, the losses of the previous day were almost made up in a counter-movement. However, no one really wants to believe in a turnaround. Rather, the environment remains full of familiar risks. For example, there are still uncertainties surrounding the payment difficulties of the Chinese real estate giant Evergrande, and the dispute over the …
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Frankfurt – 04/10/2021 Oil Price Explosion Oil weighed heavy on the financial markets today. The black gold continues to appreciate at a price, putting a strain on the entire economy. But not only the oil market burdened the market, wide-spread internet outages and an unfolding social media drama also came into play as the day progressed. In addition to these …
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Frankfurt – 01/10/2021 Drugged. Up. Rising energy prices, power shortages, supply chain disruptions and rising inflation made investors nervous last trading week. However, shortly before the weekend, there was still a good end – at least on Wall Street. The reason for this was news that the US pharmaceutical giant Merck raised hopes for an anti-corona drug. According to the …
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Frankfurt – 30/09/2021 The worst stock market month of the year In September, Wall Street and the DAX fell more than they had in a long time. At the end of the month, inflation data and other fears scared many investors away. Today, a glimmer of hope came from the United States, where the US Senate seems probably averted a …
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Frankfurt – 29/09/2021 King Dollar Falling bond yields have given the stock markets a boost again, and the dollar also continues to rise. Not even the looming shutdown in the US is hurting the greenback. According to some market experts, this is a sign of confidence that the parties involved will get their act together at the last minute, as …
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TRATON gets a new boss The Volkswagen commercial vehicle holding company TRATON is getting a new boss. The current boss, Matthias Gründler, is leaving the company prematurely this week and will be replaced by Christian Levin, the former head of the Swedish truck manufacturer Scania. TRATON supervisory board chairman Hans Dieter Pötsch said on Wednesday evening that the 54-year-old Levin …
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