Not only has the earnings in the USA moving markets, but also all the news coming from Europe where Russia-Ukraine conflict persists influencing markets in various ways. The information about German Continental (CFD) restarting its factories in Russia to “protect workers” shocked many and brought on discussions.
Continental (CONG) Gains Amid Controversy
Technically, Continental has increased by over 4% and we wonder, if automotive companies who cooperate with the German tyres maker are going to revoke the partnerships making brands decline amid controversial decision.
Continental restarts tyre making at Russian plant to protect workers https://t.co/POmwlhg41S pic.twitter.com/CChFSaNsz9
— Reuters (@Reuters) April 19, 2022
DAX (GER 40) Trades Higher Today
Speaking of DAX, Continental is not the only “power source” today. Despite Continental, Sartorius (SATG_p) – a medical company and multi-branch Siemens (SIEGn) which provides various electric and electronic solutions to many markets.
Continental and Siemens Leading The Gainers’ Ranking
Sartorius went for a 4.12% gain, CONG increase amounts to 4.55% and Siemens AG has risen by 4.06% over last 24 hours, but day is not over yet and these companies may fluctuate throughout next 2 hours of trading on XETRA. However, GER 40 has performed really well over last day gaining over 1.2% what can really gratify investors.
Energy crisis? RWE is doing well!
So which companies have lost? RWE AG (electricity) has increased over last year (+12.26%), but over last day the price has gone down by ca. 2%! HelloFresh (HFGG) investors probably feels upset as well – the company has lost -1.46% over last day. The third company which is currently below-the-line is Zalando SE known from its e-commerce brands.
The USA is back trading! Some news has moved the markets!
Yesterday’s earnings of Tesla and Netflix has been shaping the prices from the time of announcements. But US Stocks is not only about big-tech and love brands!
Netflix (NFLX) Has Begun With A Small Climb
Surprisingly American Airlines shocked many with its earnings putting the stock price really, really high. The gain has amounted to ca. 10% and the commentary by the company’s CEO, Robert Isom is definitely worth a watch as he elaborates not only on the AAL revenue, but also on masks and post-COVID travelling.
Rocking and Dancing Tesla
Naturally opening Tesla factory in Berlin was a great reason to dance so we expect that the office of Elon Musk is like a danceroom right now as the stock price keeps high levels after yesterday’s evening release of the earnings.
Tesla Stock Price (TSLA)
Impressive AT&T
AT&T earnings almost amounted to the forecast presented by Investing.com team in their insightful Earnings Calendar and the stock price has increased in premarket, so watch it closely throughout the day.
Source/Data: Investing.com, TradingView.com
Charts: Courtesy of TradingView.com
