Search

Russia and Ukraine move the markets

newsflight

Markets

Nikkei 225

27,122.07

▼ -110.80 / -0.41%

SSE Composite

3,490.76

▲ +22.72 / +0.66%

IBOVESPA

112,879.85

▼ -648.62 / -0.57%

Straits Times

2,589.65

▲ +50.37 / +1.98%

BMV IPC

52,281.53

▼ -430.53 / -0.82%

Dow Jones

34,079.18

▼ -232.85 / -0.68%

DAX 30

15,042.51

▼ -225.12 / -1.47%

BSE SENSEX

57,832.97

▼ -59.04 / -0.10%

FTSE 100

7,513.62

▼ -23.75 / -0.32%

JSE Top 40

69,650.10

▲ +243.22 / +0.35%

Last Week’s Highlights

Russia-Ukraine conflict affects the market

Increased tension between Russia and Ukraine has caused volatility in the European stock market. The companies most affected are those with exposure to Russia and Ukraine including banks, oil companies, mining companies, and construction companies.

Some of the companies at risk are, for example, Nivea manufacturer Beiersdorf and French food giant Danone, which have around 6% of their sales in Russia. Similarly, the French video game company Ubisoft has 4% of its workforce in Ukraine, which would be greatly affected if the conflict escalates.

Microsoft being attacked by hackers

Microsoft Teams users have been warned that hackers are using the platform to propagate and spread malware. In chats within the app, hackers spread malware in .exe files. They write data to the Windows registry, install DLL files and create shortcut links that allow the program to run itself, according to cloud security firm Avanan.

If hackers manage to install malware on users’ computers, they can compromise an email address and use it to access Teams. Avanan encourages security professionals to implement a protection system and users, in general, to seek help if they find an unknown file.

Coming Up This Week

Meta announces upcoming mixed reality

A Meta Platforms executive attended a Zoom call with advertising agencies last Thursday. It was announced that mixed reality could be a few years away. There are cases of augmented reality today, for example with the Pokémon Go game. The difference is that players cannot affect the digital world with any physical object.

Mixed reality would allow users to wear a headset and use a real-world object to cause a reaction in the virtual world. Virtual reality headsets, such as Meta’s Oculus, immerse users in a fully virtual world where they can interact with the environment. Mixed reality is estimated to be a few years away, and will bring additional details to the construction of the metaverse.

Boeing delays hit American Airlines

The Boeing 787 is struggling, so American Airlines is forced to reduce its international flights, affecting its customers and the general public. American expected Boeing to deliver 13 of the 787 Dreamliners owed this year, but instead, they expect to receive only 10. The remaining three would be delivered in 2023.

Boeing has said 787 production will remain at a slow pace, but with an expectation of gradually returning to five per month over time. The aircraft maker took a $3.5 billion charge in the latest quarter due to delivery delays and customer concessions such as the one American Airlines is receiving. 

All information provided was collected up to the last business day of the previous week of the release of this NewsFlight. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the FlexInvest team. FlexInvest is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of FlexInvest and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. FlexInvest recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in NewsFlight are not representative of FlexInvest.

Market News

A possible Russian invasion of Ukraine causes concern among US investors. As a result, Wall Street ended the week lower after American indices fell sharply.

The Nasdaq Composite fell by 1.23%; meanwhile, the Dow Jones lost 0.68%, and the S&P 500 fell 0.72%. This is the second consecutive week that the indices have suffered declines caused by the problems between Russia and Ukraine.

Wild Card

Ford stock recovers due to consideration of separating its legacy car manufacturing from its EV operation to boost competitiveness.

More things to sip on...

Amazon is considering getting into gaming.
Coca-Cola to announce its dividend increase.
Starbucks’ future dividends are uncertain.

Latest Market Insights

Banking sector sell-off

JPMorgan beats profits estimates but misses income expectations. Salesforce plans a big acquisition, while Tesla to layoff 10% of workforce.

Nvidia enters the trillionaire club

Nvidia reaches a $2 trillion market cap. NYCB shares plunge, while Dell provides upbeat forecasts, and Bitcoin make crypto stocks jump.

Is Alphabet stock an overlooked buy?

Alphabet is an under-the-radar stock with rising revenue and increasing profits. Would it be a good long-term choice in light of AI boom?