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AMC in the red after firing 38% at the start of Wall Street session – Stock Exchange

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AMC in the red after firing 38% at the start of Wall Street session - Stock Exchange

Cinema chain AMC eliminated 38% growth recorded in the first hours of trading on Wall Street. The shares of the company fell by almost 9% and returned to the positive position only a few seconds later.

Meanwhile, AMC bonds fell again, trading in the red, shedding more than 1% to close to $ 26.

Despite a tense session, AMC set a record this Friday when the stock traded at $ 36.72, which surpassed the closing high that dates back to March 2015. In general, during the week AMC securities have already risen in price by 120.%. Since the beginning of the year, AMC’s “layoffs” have already reached 1200%. AMC Securities continue to gain popularity among the Reddit-focused investor group. So-called “meme stocks,” a group that includes AMC or the GameStop chain of gaming stores, have grown significantly since the start of the year.

According to the data provided by CNCB, the AMC appreciation over the week has already resulted in losses of $ 1.3 billion for “short sellers” who are betting on the fall in stocks. This method, used by mutual funds, requires banks to borrow shares from certain companies, paying interest on the transaction. The bonds are then sold immediately, even if they are not already owned by the funds. Since the expectations for a fall are high, those who resort to “short selling” expect the quoted prices to fall in order to buy the same volume of shares at a much lower price, returning the shares to the bank. At the end of the day, the profit is the difference between the highest price at which they sold the bank’s borrowed shares and the ideal lowest price on the next purchase to transfer to the bank.

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AMC’s debt is about $ 5 billion. Due to the pandemic, which required the closure of cinemas and the acceleration of the premiere of films on streaming services, the company’s revenues were reduced. In addition to the circumstances of the pandemic, which continues to cause a decrease in the number of viewers in the rooms, the company still faces competition from other companies in the sector and streaming services.

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Economy

Roaming stays free in Europe for another 10 years and brings improvements

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roaming europa 2032 chamadas mensagens

One of the most important changes that have taken place in recent years in the field of telecommunications has been the abandonment of roaming in Europe. This scenario ensures that we can be located in any country in the European Union without paying extra for a single call.

The guarantee of the success of this process is its use from the moment of its implementation. Now it has been updated and is guaranteed for another 10 years with some new features and improvements that make it even more attractive and useful for users.


The new roaming regime in the European Union (EU) came into effect on Friday. This will allow people on the go to make phone calls, send messages and surf the Internet at no extra charge.

New Roaming rules, which entered into force on July 1, applies to the EU countries, as well as the European Economic Area, which includes Iceland, Liechtenstein and Norway. This is until 2032 limiting the cost of using mobile phones while roaming in Europe.

The new rules set a limit of two euros per gigabyte (GB) for data services this year, which will drop to 1.8 euros (euros)/GB in 2023. This value will continue to fall to 1 EUR/GB in 2027 for wholesale. rates.

roaming europe 2032 calls messages

In addition to this service definition, there are also some important changes. Operators offering mobile services must guarantee consumers access to 4G or 5G networks when available in the country in which they are traveling.

For voice services the limits are 0.022 EUR/minute in 2022-2024 and 0.019 EUR/minute from 2025, while for messages (SMS) the maximum value is 0.004 EUR/SMS in 2022-2024 and 0.003 EUR/SMS from 2025 . .

It is with these rules that users will be able to visit any country in the European Union and receive prices that are practiced in their country of origin. These new rules will be in effect until 2032, guaranteeing this scenario without any restrictions.

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Economy

Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO

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Inflation in Portugal for the first time since 2017 exceeded the European one.  Tourism is to blame - ECO





Inflation in Portugal for the first time since 2017 exceeded the European one. Tourism is to blame – ECO
































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Economy

Airbus announces major order of nearly 300 aircraft for four Chinese airlines

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Airbus announces major order of nearly 300 aircraft for four Chinese airlines

European manufacturer Airbus has just announced a massive order for nearly 300 aircraft for Chinese airlines.


The official statement from the manufacturer says that an agreement has been signed with Air China, China Eastern, China Southern and Shenzhen Airlines for 292 aircraft of the A320 family, which includes A319, A320 and A321. This is the first major purchase made by Chinese companies since the outbreak of the pandemic, which had its initial epicenter in the Asian country.

It is not specified how many units of each model and how the division between the companies will occur, but it is expected that all of these will be variants of the Neo with the new engine that are already working in the mentioned companies.

Airbus currently dominates China’s single-aisle commercial aircraft market, despite Boeing having a larger presence given the larger number of twin-aisle aircraft.

In turn, the country has 2,070 aircraft of a European manufacturer, in addition to the plant in Tianjin, where aircraft of the A320 family are assembled, and there is also a finishing line for the A330 family. Another Airbus presence is the helicopter division with an assembly line for the H135 in Qingdao.


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