Highlights of the day: 20 July

FinMeUp highlights of the day

South Africa

Nedbank Group Limited- Trading statement for the six months ended 30 June 2022

• Nedbank expects a basic EPS of between 1 384 and 1 438 cents per share, representing an increase of between 28% and 33%.

Arcelor Mittal South Africa- Trading statement for the six months ended 30 June

• The company expects an EPS of between R2.66 and R2.86 per share, representing an increase of between 32% and 42%.
• The companys results will be published on the 28th of July 2022.

The U.S.

Netflix earnings

• EPS of $3.2 beating expectations of $2.96.
• Revenue of $7.97B missing expectations of $8.04B.
• The company say that next quarter it expects to add 1 million subscribers. 
• Netflix has also said that all of the ads sold through its ad-supported tier will be from Microsoft and that their deal is an exclusive arrangement.

Abbott Laboratories earnings

• EPS of $1.43 beating expectations of $1.14.
• Revenue of $11.3B beating expectations of $10.37B.

Ford

• Ford said it has developed a "prototype robot charging station that drivers operate via their smartphone from inside their electric vehicle".

Biggest winners and losers

JSE

• Dis-Chem +3.63%
• TFG -4.66%

US

• Netflix +6.06%
• MercadoLibre -2.04%

Crypto

• Bitcoin +7.1%
• Ethereum +4.1% (up 54.2% in 7 days)
• Dogecoin +8.9% (now in Top10)