Michal Janicek
Czech Republic
๐Ÿ“Š Mini Market News ๐Ÿ–ฅ๏ธ $AAPL (Apple) Apple removed apps like ICEBlock from the App Store under government pressure due to security risks. While this may limit growth in the short term, it shows Appleโ€™s effort to tighten moderation and regulatory compliance. ๐Ÿฆ $C (Citigroup) Citigroup and other big banks are kicking off the Q3 earnings season. Forecasts remain optimistic with expected profit growth of +10%, though thereโ€™s a risk that high expectations wonโ€™t be met. โ›ฝ $CVX (Chevron) Chevron faces weaker profitability at lower oil prices and plans to cut staff by 20% by 2026. Still, it offers an attractive dividend yield of around 4.4%. ๐Ÿ›ข๏ธ $OXY (Occidental Petroleum Corp) Occidental will sell its OxyChem division to Berkshire Hathaway for $9.7B and use the proceeds to reduce debt. The stock dropped more than 7% after the news. ๐Ÿš— $TSLA (Tesla Motors, Inc.) Tesla dropped -5.11% to $436. Consensus expects Q3 EPS of $0.48 (-33% y/y), while valuation remains stretched with forward P/E ~276. ๐Ÿ“ถ $QCOM (Qualcomm Inc) Qualcomm gained +1.42% to $168.85. Solid results are expected โ€“ EPS +6.3% and revenue +5.2% y/y. Shares trade at a relative discount versus the sector. ๐Ÿ” $BIDU (Baidu, Inc.-ADR) Baidu rose +2.03% to $140.23 and jumped over 42% in the past month. However, weak Q3 results are expected โ€“ EPS -43.9% y/y and revenue -9.5% y/y. โธป Sincerely, ๐Œ๐ข๐œ๐ก๐š๐ฅ ๐‰๐š๐ง๐ข๐œ๐ž๐ค ๐Ÿ€ ๐‚๐ก๐š๐ฆ๐ฉ๐ข๐จ๐ง ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ซ ๐ˆ๐ง๐ฏ๐ž๐ฌ๐ญ๐จ๐ซ ๐Ÿ€ $SPX500 $NSDQ100 $DJ30