• AAPL
• AMZN
• GOOGL
• JP225
• MBGAF
• META
• MIWO00000PUS
• MSFT
• SNY
• STOXX
• TSLA
• USD/JPY

Morning Bid: Markets enter the eye of risk-event storm

Markets are set for volatility due to upcoming risk events, including mega-cap earnings and U.S. payrolls, amid a strengthening dollar and uncertain equity trends.

• MBGAF

German carmakers should not be afraid of Chinese competition, says Scholz

Chancellor Olaf Scholz reassures German automakers about competition from China, advocating for a new industrial policy and opposing EU tariffs on Chinese-made electric vehicles amidst current automotive sector challenges.

• MBGAF

Mercedes-Benz cars sales dips in Q3 on weaker demand

Mercedes-Benz experienced a 1% decline in Q3 sales, notably in China, due to decreased demand for luxury goods and a significant drop in battery-electric vehicle sales.

• MBGAF
• NSANY
• RENA
• VOWG_p

Exclusive-China's Chery assembles cars in Russian plants vacated by Western rivals

• DTGGe
• MBGAF

Daimler Truck shares dip as Q3 sales fall; Mercedes-Benz, Trucks Asia units weaken

Daimler Truck reports a decline in Q3 2024 sales, with key segments suffering; however, BEV sales show slight growth amid an overall downturn.

• DTGGe
• MBGAF

Daimler Truck Q3 sales drop 11%, dragged down by Mercedes brand, Asia

Daimler Truck's Q3 sales fell 11%, with lower deliveries but a 36% rise in fully electric truck sales.

• MBGAF

LG Energy Solution to supply EV batteries to Mercedes-Benz affiliate in North America

LG Energy Solution has signed a battery supply agreement with a Mercedes-Benz affiliate for 50.5 GWh of electric vehicle batteries from 2028 to 2038, amid industry sales challenges.

• BMWG
• MBGAF
• STLAM
• VOWG_p

Alten and TietoEVRY shares down following BofA downgrade amid market weakness

• BMWG
• MBGAF

German envoy urges Hungarians to safeguard relations with EU and NATO

Germany's envoy criticizes Hungary's actions eroding trust with NATO and EU allies, urging public figures to speak out amid strained relations and significant trade ties.

• BMWG
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• MBGAF
• RENA
• STLAM
• TM
• VOWG_p

European carmakers warn on profits as sector grapples with weak demand, rising costs

Stellantis and other European automakers warn of declining demand and rising costs, affected by weak markets in China and the US, resulting in significant drops in stock values.