Porsche Auto ADR (POAHY)

$POAHY first positive look in 5 years or longer

$PSNY ahhh the only EV manufacturer in expansion mode! Thank you Geely for ensure the supply chain remains intact. With $POAHY , $BMWYY and $VLKAY retreating and $TSLA being shunned the EU mkt is ripe for the taking! Can’t wait to see initial sales/ deliveries in. Q3/Q4!!!

$BMWYY $POAHY $VWAGY BYD sells more electric vehicles in Europe than Tesla for first time https://www.ft.com/content/53ec9a08-1112-4969-8982-2d9f06ee8ea4

Porsche 💰 $POAHY >>> Ferrari 💩 $RACE

$POAHY Porsche cuts sales forecast on slower ramp-up of electromobility Porsche decided to adjust the forecast for 2025 "in particular due to special effects. The company sees revenue between EUR 37B and EUR 38B, versus the previous forecast: EUR 39B to EUR 40B, a return on sales between 6.5% and 8.5%., versus the previous forecast of between 10% and 12%. It said, "As a result of the slower ramp-up of electromobility, today the Executive Board decided a strategic realignment of battery activities with the approval of the Supervisory Board. The previous plans to expand the production of high-performance batteries by Cellforce Group GmbH, a 100% subsidiary of Porsche AG, will not be pursued independently in the future. As a result of this and due to negative impacts from other battery activities, the amount of special expenses in the financial year 2025 will in total increase from EUR 0.8 billion to EUR 1.3 billion, which will affect results." In addition, Porsche has adjusted its value-oriented supply management worldwide "due to increasing challenges caused by geopolitical conditions. This applies in particular to the Chinese market, where the continued challenging market conditions and declining demand in the all-electric luxury segment will affect development in the financial year 2025," the company said. The introduction of U.S. import tariffs leads to negative impacts for the months of April and May which are included in the adjusted forecast, it added.

$ASML $DAX $MBGAF $POAHY what Trump did to Europe in a couple of weeks. Covid was unable to… even the August flash crash didn’t send European stocks to 5-10 years lows… what a great ally to have..

$GS $JOBY $POAHY $BIDU $FWONK

$GS $JOBY $POAHY $BIDU $FWONK TOP 5 WEEKEND STORIES: 1) Goldman Sachs (GS) cut its oil price forecasts as tariffs reduce the outlook for U.S. growth, Yongchang Chin of Bloomberg reports. "The medium-term risks to our forecast remain to the downside given potential further tariff escalation and potentially longer OPEC+ production increases," they said. 2) Virgin Atlantic Airways is grouping with Joby Aviation (JOBY) to offer passengers in the U.K. seamless booking and quicker travel to and from airports once air taxi service in approved in the country, Chester Dawson of Bloomberg reports. 3) Porsche (POAHY), the majority shareholder of Volkswagen (VWAGY), is not planning to sell Volkswagen shares, Reuters reports. The news comes after a newspaper report stating it was weighing such a move. 4) Baidu (BIDU) launched its latest foundation models, including native multimodal foundation model ERNIE 4.5 and deep-thinking reasoning model ERNIE X1. Both models are now freely accessible to individual users through ERNIE Bot's official website. 5) Seaport Research upgraded Liberty Formula (FWONK) One to Buy from Neutral with a $96 price target. The stock has become oversold on tariff and geopolitical-related consumer spending fears and on a near-term media rights renewal possibly losing one of its bidders, but most of the company's revenue streams are contracted and therefore should operationally be insulated from recessionary effects, the analyst tells investors in a research note.

$POAHY $VWAGY Porsche not considering sale of Volkswagen shares, Reuters says Porsche (POAHY), the majority shareholder of Volkswagen (VWAGY), is not planning to sell Volkswagen shares, Reuters reports. The news comes after a newspaper report stating it was weighing such a move.