Apple (NASDAQ:AAPL) – Apple has appointed Kevan
Parekh as its new CFO, replacing Luca Maestri starting January 1,
2025. Parekh, who has been with Apple for over a decade, will lead
the company during a period of significant iPhone updates, focusing
on AI to boost sales.
Sony Group (NYSE:SONY) – Sony will increase the
price of the PlayStation 5 in Japan by 19% to nearly $550 (¥80,000)
due to economic fluctuations. The hike comes despite slowing sales
and a potential console update. Sony will also raise prices for
accessories and other products. Shares rose 1.8% in pre-market
trading.
Santander SA (NYSE:SAN) – Banco Santander
announced a share buyback program of up to $1.7 billion as part of
its commitment to return 50% of underlying profit to shareholders.
The program runs until January 3 and represents about 2.14% of the
bank’s share capital. Shares rose 2.9% in pre-market trading after
closing down 0.8% on Monday.
Nvidia (NASDAQ:NVDA) – Nvidia is expected to
report a 112% jump in second-quarter revenue to $28.68 billion
after the market closes on Wednesday. However, the company faces
concerns about delays in Blackwell chip production and potential
production cost increases by TSMC. Nvidia’s stock has surged 150%
in 2024 but recently dipped 20% due to these concerns. Analysts are
also watching the impact of new regulations and competition in the
Chinese market. Shares rose 0.5% in pre-market trading.
Applied Materials (NASDAQ:AMAT) – Applied
Materials has received a subpoena from the U.S. Department of
Justice to provide information about its federal grant
applications. The company is cooperating with the investigation,
which examines its requests for support for a research center and
its negotiations with China over chip technologies.
Meta Platforms (NASDAQ:META) – Meta has struck
a deal with Sage Geosystems to acquire geothermal energy for its
data centers, starting with a 150-megawatt project to be completed
by 2027. The project, to be implemented in the eastern Rocky
Mountains, aims to support the growing energy demands of AI and
increase geothermal energy usage in the U.S. In another
development, Mark Zuckerberg stated that Facebook was pressured by
the U.S. government in 2021 to censor content about Covid-19 and
regretted caving in. He noted that although the decision to remove
the content was Meta’s, government pressure was inappropriate. The
company removed over 20 million virus-related posts. Shares rose
0.3% in pre-market trading.
Paramount Global (NASDAQ:PARA) – Edgar Bronfman
Jr. has dropped his bid to buy Paramount Global, allowing Skydance
Media to proceed with the acquisition. Bronfman failed to secure
the necessary financing, while Paramount will move forward with the
$8.4 billion deal with Skydance, pending regulatory approval to
close the transaction in 2025. Shares fell 4.4% in pre-market
trading.
Walt Disney (NYSE:DIS) – Walt Disney is
negotiating with DirecTV to renew a critical contract. Without an
agreement, channels like ABC and ESPN could be blacked out starting
September 1. DirecTV is seeking more specific channel packages, and
Disney is willing to consider this proposal.
PDD Holdings (NASDAQ:PDD) – PDD Holdings shares
dropped 28.5% on Monday after disappointing quarterly results and
pessimistic comments about competition and the global outlook. The
company, which operates Pinduoduo and Temu, saw nearly $55 billion
in market value wiped out due to market challenges and rising
operational costs. Shares rose 2.6% in pre-market trading.
MercadoLibre (NASDAQ:MELI) – MercadoLibre
accused Argentine banks of trying to harm its fintech unit, Mercado
Pago, with anti-competitive tactics through the MODO platform.
MercadoLibre claimed that the banks formed a cartel to limit
competition in the fintech sector.
Ford Motor (NYSE:F) – Ford is cutting back on
the production of new electric vehicles but is betting on continued
government tax incentives. The automaker will invest in a $2.5
billion battery plant in Michigan and move Mustang Mach-E battery
production to the U.S. to take advantage of more IRA incentives.
Shares rose 0.2% in pre-market trading.
Tesla (NASDAQ:TSLA) – Elon Musk supported
California’s SB 1047 bill, which requires safety testing for AI
models, arguing that AI should be regulated like dangerous products
to protect the public. In Canada, starting October 1, a 100% tariff
will be applied to electric vehicles imported from China, including
Tesla’s, and a 25% tariff on Chinese steel and aluminum, aiming to
counter unfair practices. This may prompt Tesla to reconsider its
export strategy. Additionally, a federal court reopened Tesla’s
case against Louisiana’s ban on direct vehicle sales, partially
reversing the previous decision for further analysis. SpaceX
delayed the launch of the Polaris Dawn mission, which aimed to
conduct the first commercial spacewalk, due to a helium leak. The
new launch is scheduled for after August 28. The mission, led by
Jared Isaacman, will include Starlink connectivity tests and space
radiation research and will last about five days, flying 1,400 km
above Earth. Shares rose 0.8% in pre-market trading after closing
down 3.2% on Monday.
Xpeng (NYSE:XPEV) – Xpeng is planning to set up
a manufacturing unit in Europe to reduce the impact of import
tariffs and expand its production in the region. The Chinese
automaker is considering locations within the European Union and
plans to establish a data center to enhance its smart driving
capabilities. Shares rose 3.3% in pre-market trading after closing
up 7.1% on Monday.
Boeing (NYSE:BA) – Boeing forecasts that China
will need 8,830 new airplanes by 2043 due to growth and
modernization of its aviation industry. This estimate is higher
than the previous forecast of 8,560 airplanes by 2042. Boeing has
accumulated approximately $1.5 billion in future losses related to
the Starliner program, according to Jefferies. These costs include
additional expenses for tests and necessary adjustments after
failures in previous missions. The delay of the crewed mission and
issues such as leaks and propellant failures significantly
contributed to these losses, along with a negative impact on
Boeing’s budget for 2024 and 2025. The Starliner’s delay and issues
also hurt its contract with NASA. The initial mission included an
eight-day stay at the ISS, but the astronauts have been there for
over 70 days.
Southwest Airlines (NYSE:LUV) – Elliott
Investment Management has increased its stake in Southwest Airlines
to 9.7%, nearly reaching the 10% threshold needed to call a special
shareholder meeting and attempt to replace the company’s board. The
activist investor criticizes the lack of reforms at the company and
seeks leadership and operational changes. Elliott will meet with
Southwest Airlines on September 9 to discuss changes but may
proceed with a proxy battle.
Norfolk Southern (NYSE:NSC) – Norfolk Southern
and BNSF Railway reported that embargoes related to the Canadian
labor strike have been lifted, and rail traffic has been restored.
The strike, which affected the movement of goods between the U.S.
and Canada, was suspended after binding arbitration. Full rail
recovery may take weeks.
Exxon Mobil (NYSE:XOM) – Exxon Mobil expects
crude oil demand to remain above 100 million barrels per day until
2050, outpacing BP’s forecast by 25%. The company believes that oil
demand will stay high until 2050, even with the growing adoption of
electric vehicles and the energy transition, due to the expected
increase in global energy demand. Additionally, Nigerian regulators
expect to finalize approval of Exxon Mobil’s sale of assets to
Seplat Energy within four months. Announced in February 2022 and
delayed by regulatory objections, the $1.3 billion transaction
could boost Seplat’s oil production to over 130,000 barrels per
day. Shares rose 0.1% in pre-market trading after closing up 2.1%
on Monday.
BHP Group (NYSE:BHP) – BHP Group reported
annual underlying profit of $13.66 billion, beating the estimate of
$13.26 billion. The mining company is focused on expanding its
copper business after a failed bid to acquire Anglo American. The
company faced a net loss of $5.7 billion due to issues with nickel
and the Samarco dam. It announced an annual dividend of $1.46 per
share, the lowest since 2020. Shares rose 0.5% in pre-market
trading.
Shell Plc (NYSE:SHEL) – Shell announced it will
close parts of the Zydeco pipeline for three to four days starting
September 24 for maintenance. This will affect the flow of light
crude to Louisiana. Zydeco transports oil from Houston to St. James
and alleviates congestion in crude oil transportation.
Woodside Energy (NYSE:WDS) – Woodside Energy
reported a first-half profit of $1.63 billion, down 14% due to
lower oil prices but above the estimate of $1.38 billion. Its
dividends of 69 cents per share also exceeded expectations. The
company is focused on selling stakes in the Driftwood project, with
final investment decisions planned for the first quarter of 2025.
Shares rose 1.5% in pre-market trading after closing up 1.3% on
Monday.
First Solar (NASDAQ:FSLR) – First Solar is
shining in 2024, with shares up 59% in six months while most solar
companies struggle. The company benefits from a strong order book
through 2030 and advanced technology.
SolarEdge (NASDAQ:SEDG) – SolarEdge shares
dropped after the announcement of CEO Zvi Lando’s resignation. CFO
Ronen Faier will assume the role temporarily. The company is facing
challenges due to high inventory levels and rising interest rates,
with shares down 62% over the past six months and 84% over the past
year. Shares rose 0.7% in pre-market trading after closing down
9.2% on Monday.
GE Vernova (NYSE:GEV) – GE Vernova is dealing
with issues with its offshore wind turbine blades, including a
recent break at the Dogger Bank Wind Farm. Despite this, Morgan
Stanley believes the impact will be limited and won’t negatively
affect the company’s fundamentals. Shares have only dropped 3%
since the incident, reflecting continued investor confidence.
Kroger (NYSE:KR), Albertsons
(NYSE:ACI) – FTC Chair Lina Khan is testing the use of antitrust
laws to protect workers in a trial over the Kroger-Albertsons
merger. The FTC argues that the merger would reduce the bargaining
power of unionized workers, especially in California, while Kroger
promises to maintain jobs and improve wages. Additionally, the FTC
argues that the $25 billion merger would raise food prices. Kroger
contends that the merger would lower prices and help compete with
large retailers.
Lowe’s (NYSE:LOW) – Lowe’s has revised its
diversity, equity, and inclusion (DEI) policies, discontinuing its
participation in Human Rights Campaign surveys and combining
diverse resource groups into a single organization. The company
also suspended sponsorships of community events and may make
further changes.
Chipotle Mexican Grill (NYSE:CMG) – The
National Labor Relations Board (NLRB) found that Chipotle may have
illegally denied raises to unionized workers in Michigan. If the
company doesn’t resolve the issue, the NLRB will issue a formal
complaint. In 2022, Lansing employees unionized but still lack a
contract. Shares fell 0.7% in pre-market trading after closing up
1.9% on Monday.
Nike (NYSE:NKE) – Nike will bring NBA stars,
including Luka Dončić and Zion Williamson, to China this fall to
promote the Jordan brand. The goal is to revitalize the brand’s
presence in China, where it has struggled due to economic slowdown
and consumer nationalism. The tour will include events in Beijing
and Shanghai.
McKesson (NYSE:MCK) – McKesson acquired 70% of
Florida Cancer Specialists’ Core Ventures unit for $2.49 billion.
The unit manages administrative functions, while FCS remains
independent. McKesson seeks to diversify its specialty services,
facing competition from Cencora and Cardinal Health. FCS created
Core Ventures to tackle challenges related to drug shortages and
pricing.
Warburg Pincus (NYSE:WPCA) – Warburg Pincus and
Lendlease announced the acquisition of real estate assets in
Singapore for $1.2 billion. The portfolio includes business parks
and facilities for life sciences companies. The transaction, one of
the largest industrial asset deals there, was completed with
entities associated with Blackstone.
JPMorgan Chase (NYSE:JPM) – JPMorgan is facing
a class-action lawsuit alleging it funneled clients’ idle cash into
accounts with very low interest rates, resulting in excessive
benefits for the bank. The lawsuit, filed in Manhattan, is similar
to actions against other financial institutions, including
Ameriprise and Wells Fargo. The action seeks damages for alleged
fiduciary violations and unjust enrichment. In China, JPMorgan
Chase hired Yang Ruo to lead the telecommunications, media, and
technology team. Yang, a former CFO at Shopline and Xiaohongshu,
with experience at Citigroup, will work in Hong Kong on mergers and
acquisitions, replacing Crystal Zhu, who moved to Morgan
Stanley.
Goldman Sachs (NYSE:GS) – Scott Rubner of
Goldman Sachs predicts that the S&P 500 could reach a new
all-time high this week due to strong corporate buybacks and
systematic investments, with demand estimated at $17 billion daily.
The rally is expected to continue until mid-September unless demand
wanes.
Bank of New York Mellon (NYSE:BK) – Bank of New
York Mellon (BNY Mellon) will pay $5 million to settle CFTC charges
for failing to correctly report 5 million swap transactions and
violating a prior order. The company will also hire an independent
compliance consultant to review its processes.
Apollo Global Management (NYSE:APO),
BlackRock (NYSE:BLK) – Apollo Global Management
and BlackRock are negotiating new financing for the merger of two
Amazon aggregators, Branded and Heyday, which will form Essor. The
merger, valued at over $1 billion, aims to help Essor acquire new
brands and expand its e-commerce presence.
Icahn Enterprises LP (NASDAQ:IEP) – Icahn
Enterprises shares fell on Monday after the company announced plans
to sell up to $400 million in depository units and agreed to pay $2
million in fines for failing to disclose personal loans. Shares
have lost more than 70% since a critical report by Hindenburg
Research, while the S&P 500 is up 18% this year.
Warburg Pincus Capital C... (NYSE:WPCA)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Warburg Pincus Capital C... (NYSE:WPCA)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024
