Deflation Pushes PPI To 28-Month Lows; Google's Dominance in Ad Tech Under European Scrutiny; Disney Delays Avatar, Marvel & Star Wars Release: Today's Top Stories
Portfolio Pulse from Vandana Singh
The Producer Price Index (PPI) slumped 0.3% MoM in May, reaching a 28-month low. Apple invests an additional $25M in VC for minority-owned businesses. Shell boosts dividend by 15% and discloses a $5B share buyback. Airbus raises forecast for new and old aircraft deliveries. Boeing records 43% growth in May deliveries. Google's dominance in ad tech is under scrutiny by the EU. Disney delays Avatar, Marvel, and Star Wars releases. Pfizer warns of potential pediatric antibiotic shortage.
June 14, 2023 | 1:47 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Disney delays several entries in the Avatar, Marvel, and Star Wars franchises, with no specific reasons provided.
The delays in major franchise releases can negatively impact Disney's revenue and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Google's dominance in ad tech is under scrutiny by the European Union, which accuses the company of violating antitrust regulations and suggests compulsory divestment.
The EU's scrutiny and potential compulsory divestment can negatively impact Google's business operations and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Pfizer warns of potential supply shortages for pediatric Bicillin L-A, an antibiotic for syphilis treatment, by the end of June.
The potential supply shortage of pediatric Bicillin L-A can negatively impact Pfizer's reputation and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Apple invests an additional $25 million in venture capital to support minority businesses as part of its Racial Equity and Justice Initiative (REJI) program.
Apple's investment in minority-owned businesses demonstrates its commitment to social responsibility, which can positively impact its brand image and potentially attract more customers and investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Boeing records 43% growth in May deliveries, delivering 50 planes in May compared to 35 in May 2022.
The significant growth in May deliveries indicates a strong recovery in Boeing's business, which can positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Airbus raises its forecast for new and old aircraft deliveries for 2023-2042, expecting 40,850 new airplane deliveries, including 32,630 Single Aisle and 8,220 Widebody flights.
The increased forecast for aircraft deliveries indicates Airbus's optimism about the aviation industry's recovery and growth, which can positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Shell boosts its dividend by 15% and discloses a $5 billion share buyback ahead of its investor day.
The dividend increase and share buyback announcement signal Shell's confidence in its financial position and future prospects, which can positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100