🚙 Xpeng is extra expensive

Xpeng brought in the billions | American businesses show some self-love | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for March 29th in 3:02 minutes. 🤯 A glance at any news site will show you that semiconductors are big business these days. Well, join GDIT’s Joe Albano for [How To Invest In The Booming Chip-Tech Industry](, and find out how to buy into the buzz. [Grab your ticket]( Today's big stories - Chinese EV maker Xpeng reported better-than-expected quarterly results - Our analyst has looked into how to respond to inflation, war, and rising interest rates all at once – [Read Now]( - US companies have announced a record amount of buybacks this year Cautionary Tale [Cautionary Tale] What’s Going On Here? Xpeng [reported]( better-than-expected quarterly results on Monday, but there might be a malfunction under the Chinese EV maker’s hood… What Does This Mean? Xpeng made a loss last quarter, sure, but that’s not exactly the whole story. The EV maker actually delivered over 40,000 vehicles last quarter – more than three times as many as the same time the year before. Its cars were so popular, in fact, that it was able to hike its prices without turning customers off, which helped the company offset some of the extra supply chain-related costs. Xpeng even managed to top $1 billion in revenue for the first time – triple what it made at the same time in 2020. Still, it’s not resting on its laurels: the EV maker said it’s planning to deliver more than twice as many cars this quarter, and it’ll be ramping up production this year too. Why Should I Care? The bigger picture: Goodwill runs out. Xpeng still has one major problem to contend with: the price of lithium carbonate – a key ingredient in EV batteries – has jumped fivefold in the last year, and the war in Ukraine is bound to send its price higher still. EV makers like Xpeng, then, have just [hiked]( their prices again to protect their profits – a move Morgan Stanley [warns]( will hit demand sooner or later. Zooming out: Tesla gets in on the stock split action. Morgan Stanley’s less skeptical about Tesla, partly because the original EV maker has the heft to get the right suppliers on side. That might be why the investment bank is estimating that Tesla’s stock price will end up 30% higher than where it is now. It’s off to a good start: Tesla [said]( on Monday that it’s planning to [split its stock]( this year, and investors sent its shares up 5%. You might also like: [What investors are getting wrong about the EV market right now.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Cautionary Tale&utm_campaign=daily-global-29-03-2022&utm_source=email) Analyst Take How To Deal With All Of This, All At Once [How To Deal With All Of This, All At Once]( [Photo of Reda] Reda, Analyst What’s Going On Here? This year has been a lot. Just when we thought we were out of the frying pan of Covid, we’ve flopped gracelessly into the fire of [another three predicaments](. The Russia-Ukraine conflict has caused a [commodity supply shock]( that’s pushed their prices to new highs, with Europe in particular left reeling from the damage. Inflation rates are at multi-decade highs across most of the world, leaving us with three possible outcomes: one [bearish](, one [bullish](, and one [base case]( scenario. And central banks – chief among them the Federal Reserve – are scrambling to engineer “[soft landings](” for their economies. So that’s today’s Insight: [how to adapt your portfolio to three diverse problems](, all at once. [Read or listen to the Insight here]( SPONSORED BY INVESTOR PLACE Let’s talk about Louis Navellier He’s been hailed as one of America’s top money managers for decades, and for good reason. Navellier has a knack for finding some of the world’s [biggest investment opportunities]( before the masses. We’re talking Amazon at $46, Apple at $1.49, and Microsoft at $0.38. He also picked out the S&P’s top stock every year between 2012 and 2020 before it hit number one. Now you can find out what he knows: Navellier just updated his most [anticipated report]( of the year, [“The Best 11 Stocks for 2022”](. Discover his top stock picks for this year: [get your free copy of Naveiller’s latest report](. [Get The Report]( [Click here]( for disclosures and disclaimers. Petty Cash [Petty Cash] What’s Going On Here? Data out over the weekend [showed]( US companies have announced a record amount of [share buybacks]( this year, and they didn’t exactly have to break the bank… What Does This Mean? From supply bottlenecks to inflation, American companies are facing more than a few risks to their bottom lines. So they’re resorting to a well-worn trick to keep investors sweet: they’re buying back their own shares, limiting the supply available and pushing up the price of those left over. In fact, Goldman Sachs has shown that US companies have approved a record $319 billion worth of share buybacks this year – a far cry from the $267 billion of this time last year ([tweet this](). And now’s the perfect time for them to do just that: the average stock’s price in the US Russell 3000 index is down over 30% this year, which suggests companies can nab their shares for a bargain. Why Should I Care? The bigger picture: Bad luck, big banks. America’s investment banks earn fees on facilitating major share buybacks, so this record-breaker might’ve come as a relief. Not least because they’ve seen a serious drop-off in one of their biggest money-spinners: advising companies on how to sell shares, usually through initial public offerings (IPO). Case in point: five of the biggest US investment banks have [made]( nearly 90% less from that segment of their business this year than they had done this time in 2021. Zooming out: The Middle East is thriving. IPOs might be out of favor in the US, but they’re very much in vogue elsewhere: data out last week [showed]( that Middle Eastern companies have raised more cash from IPOs than those in Europe this year. That’s probably because the region’s energy-heavy stock markets are having a particularly strong year, as the surging price of oil and natural gas sends local producers’ shares sky high. You might also like: [Here’s how to protect your investments from volatile markets.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Petty Cash&utm_campaign=daily-global-29-03-2022&utm_source=email) 💬 Quote of the day “The beginning is always today.” – Mary Shelley (an English novelist) [Tweet this]( SPONSORED BY FUSANG Where the unicorns live [Fusang]( is on a mission to make subscribing to IPOs as easy as subscribing to Netflix. Looks like that’s going well: [Fusang]( – Asia’s first fully-licensed financial company – makes it easy to invest in companies on track to become the world’s future unicorns. [Fusang]( does that with [tokenized IPOs](, meaning your shares will be held in a [digital form on a blockchain]( and not a traditional share register. That matters: you can know for sure that your investments are [secure and regulated](, and you’ll be able to trade them 24/7. And the best bit: there are no middlemen to take a chunk out of your profit. [Discover the world’s next unicorns with Fusang](. [Discover Tokenized IPOs]( When you support our sponsors, you support us. Thanks for that. 🌎 Finimize Live 🎉 Upcoming events 💥 [How To Invest In The Booming Chip-Tech Industry](: 1pm UK time, March 29th 🎉[Investing In The Best NFT Drops](: 12pm UK time, March 30th 🤫 [Hedging’s Best Kept Secret](: 6pm UK time, March 30th 💰 [How Much Do Your Trades Really Cost?](: 5pm UK time, March 31st 🛢 [What Investors Need To Know About Russian Oil](: 6pm UK time, March 31st 👀 [The Stock Market Debuts To Watch In 2022](: 6pm UK time, April 4th 🏠[Your Guide To Passive Real Estate Investing](: 5pm UK time, April 12th 🎯 On Our Radar - Off with its head. Apple’s has a new product, and all it took was [some butchery](. - Spying can be a lot of fun. Thanks for the fun, [Walgreens](. - Can’t get enough of sports? Now you can [eat them too](. - Book your flights. This city’s growing a booming [reggaeton scene](. - New York set the scene for one of the worst divorces ever. This piece of art might be about [to reignite it](. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: bsd studio and Daniel Krason - shutterstock | Steven Frame - Shutterstock Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](