Snap falls 23% on postmarket after report
The company posted historically weak quarterly sales growth. Revenue per
customer was also down. Following Snap stock, Pinterest and Meta* are falling,
and expectations for the sector are very poor.
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World News
A collection of 369 issues
22-23 years will be a period of funding crisis for small and medium-sized enterprises - Frank RG
There will be a decline in bank lending amidst the degradation of the economic
environment, as well as accumulated problems, and thus a deterioration of
payment discipline on the part of SMEs.
The only thing that can support lending is the continuation of SME financial
support programs, which already overshadowed
The European Commission proposed to oblige EU countries to share gas with each other in case of shortages
The EC also proposed the creation of a joint gas purchase mechanism. EU
companies would be allowed to form a consortium for purchasing gas.
The European Commission has recommended targeted interference in the formation
of market prices for gas due to high exchange prices.
Oil trades below $90 a barrel again, Biden's getting the market even?
Earlier we reported that the White House intends to release another 15 million
barrels of oil from the SPR. Also, the EIA predicts a surplus in the oil market
next year. Probable reason: falling demand in the face of recession.
Gazprom's BoD approved the investment program and budget for 2022
The total volume of investments will amount to 1,979.7 billion rubles. This is
RUB 222 billion more than in the original investment plan. Capital investments
will amount to 1,746.3 billion rubles.
Gazprom is explaining the change in the investment program by the increased
amount of investment
The recovery continues. S&P 500 rises 1.3%
The U.S. stock market is up almost 4% in two days. However, there is no special
reason for rebound. The inflow of liquidity to the market is due to redemption
of treasuries by the U.S. Treasury.
Reporting season has started and many US banks have already presented their
Elon Musk announced his intention to introduce a donation option in the Starlink project, - IZ
The Pentagon is already discussing the possibility of financing the project to
ensure its operation in Ukraine. Also, Lithuanian Foreign Minister Gabrielius
Landsbergis said that the EU is also considering the possibility of paying for
Starlink services in Ukraine.
The EU intends to conquer the market for electric cars
The European Union should offer more support to car manufacturers and component
suppliers in Europe.
This is necessary to create our own electric cars that can compete with products
from the U.S. and China, said Emmanuel Macron.
Tesla shares fell amid worse-than-expected sales report
The company reported record shipments of electric cars in the third quarter, but
the figure fell short of analysts' forecasts
In trading on Monday, October 3, on the pre-market NASDAQ, shares of U.S.
electric carmaker Tesla fell 6.5% to $248 per share. By 1:42 p.m.
The people of Austria are against the innovations with cash.
Austrian activists demand the right of citizens to pay in cash for any purchases
to be included in the country's constitution. Now in Brussels they are
discussing the introduction on the whole territory of the EU a limit of 10
thousand euros for cash payments. The initiative of