First quarter report 2021
Please find the first quarter report for Sbanken Boligkreditt AS enclosed.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachment
These fuel cell investors need just a little patience before learning how the company fared in the first quarter, but management is hinting at an electrifying performance.
Shares of The Trade Desk (NASDAQ: TTD) tumbled on the company's earnings report this morning, taking down shares of peers like Criteo (NASDAQ: CRTO) and Magnite (NASDAQ: MGNI) along with it. As of 12:35 p.m. EDT, The Trade Desk was down 20.4%; Criteo was off 5.4%, and Magnite had fallen 16.3%. The Trade Desk's results topped estimates and it offered strong guidance for the second quarter.
Shares of Qualcomm (NASDAQ: QCOM), Micron Technology (NASDAQ: MU), and Skyworks Solutions (NASDAQ: SWKS) fell today after the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing, reported a drop in its April revenue. Each of the tech stocks took a hit today as a result of the news, with Qualcomm down 6.3%, Micron tumbling 5.6%, and Skyworks sliding 4.8% as of 3:39 p.m. EDT.
Workhorse Group (NASDAQ: WKHS) reported first-quarter revenue this morning that was much lower than Wall Street had expected, as its production of electric delivery vans got off to a slower start than planned. Wall Street analysts polled by FactSet had expected revenue of $2.3 million, on average. The company also announced a new development agreement with J.B. Poindexter, a maker of specialized truck bodies for commercial vehicles.
Shares of Fisker (NYSE: FSR) traded down about 10% on Monday, a bad day for a lot of electric vehicle (EV) stocks. Investors are getting nervous about EV start-ups, and Fisker's delayed timetable to launch its vehicle is not doing much to help. Electric vehicle stocks were all the rage in 2020, but that enthusiasm has been tempered of late by worries about the onslaught of competition coming from both traditional automakers and start-ups, as well as the complexity of bringing a mass-market vehicle to market.
3D Systems (NYSE: DDD) reported first-quarter 2021 results after the market close Monday, May 10, that pleased the market. Shares of the 3D printing company soared 14.5% in Monday's after-hours trading session.
Shares of Teladoc Health (NYSE: TDOC) were a bit sickly on Monday after one of the more prominent analysts tracking the stock knocked his target price down. Truist Securities' Sandy Draper, who has closely followed the fortunes of Teladoc throughout the coronavirus pandemic, was the prognosticator shaving his price target. The change comes not long after Teladoc reported its first-quarter results.
Jeremy Welch, Kraken's Chief Product Officer, joined Yahoo Finance to discuss the outlook for crypto and Dogecoin after Elon Musk calls it ‘a hustle’ on SNL.
Yahoo Finance’s Jared Blikre joined Yahoo Finance Live to break down Roblox’s first quarter earnings report
Shares of Chinese electric vehicle maker NIO (NYSE: NIO) were trading lower on Monday, on sectorwide weakness after another electric vehicle start-up reported sales well below Wall Street's expectations. As of 2:30 p.m. EDT, NIO's American depositary shares were down about 5.6% from Friday's closing price. The Chinese government has developed new regulatory standards for electric vehicle battery swap stations, and NIO -- which operates one of the country's largest battery swap networks -- helped to write the new regulations.
The company is set to report earnings tomorrow, and the market will be looking for strong revenue growth.
(Reuters) -Novavax Inc on Monday again delayed its timeline for ramping up COVID-19 vaccine production and said it does not expect to seek regulatory authorization for the shot in the United States, Britain and Europe until the third quarter of 2021, sending its shares tumbling. Novavax shares fell more than 9% in extended trading after closing nearly 9% lower on Monday. The pushback of regulatory filings "to Q3 (from Q2) and a downward revision to time to full production to Q4 (from Q3), represent delays to prior timelines and difficulty in growing," said Kelechi Chikere, an equity analyst at Jefferies in a Monday note.
Shares of Village Farms International (NASDAQ: VFF), a company that uses hydroponics to grow produce and marijuana, fell a dramatic 20.5% on Monday. From a top-line perspective, Village Farms saw growth of 63% thanks to its move into the cannabis space.
Elon Musk was on "Saturday Night Live" over the weekend. His rivals took advantage of that.
We at Insider Monkey have gone over 887 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds’ and investors’ portfolio positions as of December 31st. In this article, we look at what those funds think of Enphase Energy Inc (NASDAQ:ENPH) based on that […]
(Bloomberg) -- Asian stocks and U.S. equity futures slid Tuesday following a technology-led Wall Street tumble as surging commodity prices stoked concern about inflation. Other assets including the dollar and Treasuries were steady.MSCI Inc.’s Asia-Pacific share index fell the most since March, with tech stocks underperforming. Japan and Hong Kong bore the brunt of the selloff, while China reversed earlier losses. Nasdaq 100 futures retreated as much as 1.4% after the index slid on concerns that inflation could drive up interest rates, weighing on equity valuations. S&P 500 contracts dropped after the gauge fell from an all-time high.Oil dipped as traders monitored progress on reopening the largest U.S. oil-products pipeline, which was paralyzed by a cyberattack, and is expected to be mostly back online by the weekend. The spotlight remains on whether the latest surge in commodity prices will stoke inflation. Data showed China’s factory-gate prices rose more than expected in April.A measure of U.S. inflation expectations reached the highest level since 2006. The 10-year Treasury yield held steady after rising to 1.60%. Investors are looking to a string of U.S. government bond auctions this week as possible catalysts for another selloff. Equity investors appear to be taking some profits from a prolonged rally ahead of a report on U.S. inflation Wednesday that has the potential to roil markets. The CPI data are forecast to show a strong gain in April, though the year-on-year reading will be amplified by the pandemic shock in 2020. Debate continues over whether the expected jump in inflation will be enduring enough to force the Federal Reserve into tightening policy sooner than current guidance suggests.“We’re going to see volatility definitely over the next couple of months” given uncertainty over the path of growth, Kristen Bitterly, head of capital markets in the Americas for Citi Private Bank, said on Bloomberg TV. “Cash and duration are punitive so you need to make sure that where you have that yield is non-rates sensitive parts of the market.”On the virus front, the World Health Organization will classify a fast-spreading strain of Covid-19 first identified in India -- the scene of one of the world’s most fearsome outbreaks -- as a variant of concern.See here the MLIV Question of the Day: How Far Can Reflation Trades Go?Here are some key events to watch this week:A range of Fed speakers are due this week, including Governor Lael Brainard on TuesdayOPEC monthly Oil Market Report is published with global demand forecasts and production estimates TuesdayU.S. CPI report Wednesday is forecast to show prices continued to increase in AprilBank of England Governor Andrew Bailey speaks WednesdayThese are some of the main moves in markets:StocksS&P 500 futures dipped 0.4% as of 7 a.m. in London. The S&P 500 Index shed 1%Nasdaq 100 contracts lost 0.7%. The Nasdaq 100 fell 2.6%Japan’s Topix index dropped 2.4%Australia’s S&P/ASX 200 Index fell 1%South Korea’s Kospi index lost 1.2%Hong Kong’s Hang Seng Index dropped 1.7%China’s Shanghai Composite Index rose 0.5%Euro Stoxx 50 futures fell 1.2%CurrenciesThe yen was at 108.86 per dollarThe offshore yuan was at 6.4242 per dollarThe Bloomberg Dollar Spot Index was little changedThe euro traded at $1.2144BondsThe yield on 10-year Treasuries held at 1.60%Australia’s 10-year bond yield rose one basis point to 1.72%CommoditiesWest Texas Intermediate crude was at $64.68 a barrel, declining 0.4%Gold was little changed at $1,837.42 an ounceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Dow Jones futures were lower late Monday, as the split stock market rally continues. The Dow Jones industrials hit a new high, while tech stocks dived.
Seeing troubles continuing at Intel for years to come, Atlantic Equities analyst Ianjit Bhatti on Monday cut his rating on the microprocessor giant to Underweight from Neutral.
Stocks traded mixed on Monday, with technology stocks under more pressure as investors weighed the risks that higher inflation during the pandemic recovery might weigh on high-growth names.
Chip stocks posted their worst day in two months Monday, falling into correction territory, as the tech sector retreated with the broader market trading.