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Highlights of the day: 13 July

April 21, 2024
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FinMeUp
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FinMeUp

FinMeUp highlights of the day

 

FinMeUp Mentorship Month!

We want to provide our community with the opportunity to engage with our team. A financial coach in your pocket! Do you have a question that youd like to ask? Great! Well answer them all! linktr.ee/FinMeUpLinks

 

South Africa

Naspers & Prosus

  • Naspers repurchased 659,095 Naspers Shares between 4 July 2022 and 8 July 2022 for a total consideration of US$104,730,238.
  • Prosus repurchased 6,240,339 Prosus Shares between 4 July 2022 and 8 July 2022 for a total consideration of US$428,590,278.

 

U.S.

US CPI spikes again

  • CPI for June came in at 9.1% (YoY) above expectations of 8.8%.
  • Core CPI for June came in at 5.9% (YoY) above expectations of 5.7%.
  • CPI for June came in at 1.3% (MoM) above expectations of 1.1%.

Snapchat

  • Snapchat is reportedly exploring plans to allow users to showcase their NFTs on the app.

Delta Airlines earnings

  • EPS of $1.44 missing expectations of $1.64.
  • Revenue of $13.82B beating expectations of $13.4B.

 

Biggest winners and losers

JSE

  • Hammerson +1.78%
  • Naspers -5.32%

US

  • Netease +2.61%
  • Zoom -6.47%

Crypto

  • Bitcoin -2.4%
  • Ethereum -3.2%
  • Ada -4.4%

 


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