$TSLA Reportedly "likely" to open second factory in Shanghai, China - press (Tesla Inc)
- Could shift more of its component orders to suppliers in China
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$AZN AstraZeneca-Oxford coronavirus vaccine study showed AZD1222 was tolerated and generated robust immune responses against the SARS-CoV-2 virus in all evaluated participants; not anticipated to impact the Company's FY20 financial guidance (AstraZeneca Plc)
$TSLA Discloses new SEC subpoena related to CEO Musk's prior statement considering taking Tesla private; Another SEC investigation into certain financial data and contracts was closed - filing
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$AAPL Reports Q2 $1.40 v $1.00e, Rev $89.6B v $77.6Be; Authorized increase of $90B to its share buyback; Raises Quarterly dividend 7.3% to $0.22/shr (Apple Inc)
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$NFLX To explore ongoing stock buybacks (Netflix Inc)
- 500 titles currently in post production or preparing to launch
- Plans to release at least one new original film every week in 2021
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$GME Reportedly chose not to sell shares in Reddit rally because it was in possession of significant information about its finances that was not yet available to the public - press (Gamestop Corp)
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$NIO NIO Partners with NVIDIA to Develop a New Generation of Automated Driving Electric Vehicles; EV Models Featuring NIO Adam Supercomputer Powered by NVIDIA DRIVE Orin to Begin Production in 2022
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(SA) Saudi Foreign Minister: With regards to the price of gasoline in US, that is really a function of a lack of refining capacity; So increasing crude oil supplies to US is not going to alleviate that problem
$UGA
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$TSLA Reportedly Phase 3 expansion of Tesla’s plant in Shanghai to 2M EVs/year capacity has been delayed from mid-2023 amid concerns from China’s govt - press (Tesla Inc)
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$F Reportedly postpones production of Explorer & Aviator EVs by 18 months to Dec 2024; To move production out of Mexico to a yet-to-be-determined location - Auto News (Ford Motor Company)
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$TSM Reports Q1 (NT$) Net 225.5B v 206.9B y/y, Op 249.0B v 231.2B y/y, Rev 592.6B v 592.6B prelim (v 508.6B y/y) (TSMC)
- Q1 CAPEX $5.77B v $5.24B q/q
- Q1 gross margin: 53.1% v 53.0%e
$NVDA $AMD $INTC $ARM
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$TSLA Reportedly Tesla plant opening postponed to 2020 as China re-opens the investigation of Tesla car explosion in basement parking garage - Money China (Tesla Inc (formerly Tesla Motors))
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$CRWD CrowdStrike and Google Cloud $GOOGL extend strategic partnership to deliver defense-in-depth protection across hybrid cloud environments; terms not disclosed (CrowdStrike Holdings Inc)
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$NIO Founder Li: aims to produce 7.5K cars a month starting in Jan - press interview (NIO Inc)
- Confirms plans to expand into Europe as soon as 2021
- Says eventually going to do business in US
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$MELI Reports Q2 $2.43 v $1.68e, Rev $2.60B v $2.47Be (MercadoLibre Inc)
- GMV $8.55B v $7.02B y/y
- Total Payment Volume $30.2B v $17.5B y/y
- Items Sold 264M v 245M y/y
- Unique active users 84M v 76M y/y
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$SOFI Reports Q3 -$0.09 v -$0.10e, Rev $419.3M v $391Me (SoFi Technologies Inc.)
- Raises again FY22 Rev $1.517-1.522B v $1.50Be, adj EBITDA $115-120M
- Adj EBITDA $44.3M, +332% y/y
- Total members over 4.7M, +61% y/y
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$AAPL Reportedly Apple's suppliers Foxconn and Pegatron Corp start hiring more people in several Chinese provinces to meet increased demand for iPhone 13 - Global Times (Apple Inc)
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Pfizer $PFE vaccine slightly less effective in preventing infection with Omicron than with Delta (90% v 95%) while it is as effective ~93% in preventing serious symptoms for those vaccinated with a booster - Jerusalem Post
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$SHOP Reports Q2 $1.05 v $0.00e, Rev $714M v $505Me; not providing a financial outlook for Q3 or for FY20 (Shopify)
- GMV $30.1B, +119% y/y
- Subscription Solutions revenue $196.4M, +28% y/y
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$GOOGL Reports Q2 $1.21 v $1.27e, Rev $57.5B (Ex-tac) v $57.6Be (Alphabet Inc)
- TAC $12.2B v $10.9B y/y
- Google Search & Other Rev $40.7B v $35.8B y/y
- YouTube ad Rev $7.3B v $7.0B y/y
- Google Cloud Rev $6.3B v $4.6B y/y
(UR) Ukraine army chief Zaluzhniy: In the Kharkiv direction our forces began to advance not only to the south and east, but also to the north; Ukrainian forces are 50 kilometers away from reaching the state border with Russia
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$AAPL Said to be seeking 20% increase in iPhone production in the current year - Press (Apple Inc)
- Has asked suppliers to build ~90M next gen iPhones this year
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$BABA Reports Q2 $2.10 v $1.97e, Rev $21.8B v $21.1Be (Alibaba Group Holding Ltd)
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- Number of active buyers 742M v 726M q/q
- Adj EBITA (in RMB) 45.4B, +31% y/y
- Cloud computing Rev $1.75B, +59% y/y
$DKNG Reports Q1 Rev $312M v $223Me; Announces upcoming rollout of social functionality to DFS and mobile sports sportsbook apps (DraftKings)
- Raises FY21 $1.05-1.15B v $980Me (prior: $0.9-1.0B)
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$META Reports Q3 $1.64 v $1.88e, Rev $27.7B v $27.4Be (Meta Platforms Inc.)
- Guides Q4 Rev $30.0-32.5B v $32.0Be
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- Daily active users (DAUs) 1.98B v 1.86Be
- Monthly active users (MAUs) 2.96B v 2.97Be
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$AAPL REPORTEDLY AIMS TO ENTER ELECTRIC CAR MARKET AS SOON AS 2024 - PRESS (Apple Inc)
- Considering monocell battery that could reduce cost & boost vehicle range
- Plans to partner with outside LIDAR companies $TSLA $NIO
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$OXY FERC document shows Berkshire requested and was approved to accumulate up to 50% stake in OXY (from current 18.72% stake) (Occidental Petroleum Corporation)
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$GILD US govt drug trial of Remdesivir is running ahead of schedule, preliminary results could be in by mid-May, sooner than previously expected - press (Gilead Sciences Inc)
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$MELI Reports Q4 $3.25 v $2.11e, Rev $3.00B v $2.95Be (MercadoLibre Inc)
- Gross merchandise volume $34.4B v $28.4B y/y
- Unique active users 148M v 140M y/y
- Total Payment Volume $123.6B v $77.4B y/y
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$AAPL New head of Apple Car division reportedly pushing to release a car in 2025; Has accelerated work on new Apple vehicle and has reportedly reached a 'key milestone' in its processor development -press (Apple Inc)
Aiming for an autonomous car without a steering wheel or pedals
$TTF European gas futures extend losses over 9% below €85/MWh (1st time since late Feb 2022) amid warmer-than-usual weather and increased wind generation
- European gas futures benchmark $TTF down 32% m/m, -24% y/y $UNG
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$TSLA CEO Musk: would like Tesla to sell 20M vehicles/year in 10 years; will have basically almost no possessions with a monetary value, apart from the stock in the companies, for the sake of colonizing Mars - press interview
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(RU) Russia Pres Putin to visit Tajikistan and Turkmenistan during upcoming week - Russian press
***Insight: These would be Putin's first foreign visits since the beginning of Ukraine war.
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$COIN Said to be close to a deal to acquire 2TM, who controls Latin America's largest crypto brokerage Mercado Bitcoin, could close by the end of April - Brazil press (Coinbase Global Inc)
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$APT Reports Q2 $0.46 v $0.08 y/y, Rev $25.5M v $11.4M y/y (Alpha Pro Tech, Ltd.)
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demand for our N-95 face masks and other PPE remains strong and shows no indications of slowing as we move into the second half of 2020
$AMD CEO: Each of our businesses grew by a significant double digit percentage year-over-year, led by EPYC server processor revenue more than doubling for the third straight quarter (Advanced Micro Devices Inc)
$NVDA
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#ROBINHOOD
Says currently no temporary limits to increasing positions on stocks and options; there are no longer limits on $GME and $AMC (Robinhood Markets Inc)
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$AMZN - Operating income $2.5B v $4.9B y/y
- Op margin % of WW net sales 2.0% v 2.7% q/q, v 4.4% y/y
- Net Service sales $67.8B v $55.9B y/y
- AWS net sales $20.5B v $16.1B y/y
- AWS op income $5.4B v $4.9B y/y
$SHOP Reports Q2 $2.24 v $0.98e, Rev $1.12B v $1.04Be (Shopify)
- Raises FY21 adj Op income "above prior year levels" (prior: to decline y/y)
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$MELI Reports Q2 $1.37 v $0.09e, Rev $1.70B v $1.50Be (Mercadolibre Inc)
- Gross merchandise volume $13.1B v $8.5B y/y
- Total Payment Volume $32.3B v $19.3B y/y
- Items Sold 466.6M v 284.2M y/y
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$AMZN CFO: Expects AWS sales growth acceleration to continue; Improved delivery speeds have led to an increased purchase frequency by customers across major geographies - earnings call comments ( Inc)
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$NVDA Reportedly parts of Nvidia's business are completely compromised at time of Russian cyberwarfare against Ukraine - UK press (NVIDIA Corporation)
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