Wednesday September 15, 2021
No euphoria despite the iPhone 13
Apple cannot delight US investors
Usually Apple’s new products cause euphoria in the markets. But the idea of the iPhone 13 does not completely satisfy investors on Wall Street. The GreenSky credit platform, on the other hand, is climbing steeply.
Wall Street was supported by higher oil prices today. Of the Dow Jones Index the standard value rose in New York by 0.68 percent to 34,814 points. The broader one S&P 500 put 0.85 percent on 4480 counters. The index of the technology exchange Nasdaq moved around 0.78 percent to 15,503 points.
In the early days of trading, worries about the economy had slowed the US stock exchanges. In particular, the slower production growth in China initially unsettled investors. Oil prices benefited from an unexpectedly sharp decline in US crude oil inventories and hopes of increasing demand as the vaccination progress against Covid-19. The price of US light oil WTI rose by 2.22 percent to $ 72.35 per barrel and that for the North Sea variety Brent by 2.15 percent to $ 75.47 per barrel.
The at Apple The usual euphoria for new products did not appear on the stock exchanges after the launch of the new iPhone 13. Apple stocks rose just 0.6 percent on Wall Street. “The upgrades were minimal,” said analyst Michael Hewson of trading house CMC Markets. One wonders if the lack of innovation is due to concerns about sourcing large quantities of new chipsets. In addition, investors waited in vain for a revised version of the wireless headphones.
A $ 2.24 billion purchase offer from Goldman Sachs, however, spurred the papers of the credit platform GreenSky. The titles shot up more than 53 percent to $ 11.90 upwards. The air taxi startup Lilium made a weak debut on the stock market. Lilium’s initial price was $ 9 – the closing price was $ 9.31. Lilium spoke on Twitter of a milestone that will move the company forward on the way to starting operations in 2024.
The company from Oberpfaffenhofen slipped into the empty shell Qell Acquisition and found its way to the US stock exchange through the back door. However, two thirds of the Qell shareholders had previously returned their papers. The source share was quoted the day before at $ 10.03.
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