Nike at Amazon, Tesla against BYD, Snowflake: Trendtickers

00:00 Speaker A

It is now time for some of today's trend kickers. We watch Nike, BYD, Tesla and Snowflake here. First, Nike says that it will sell items directly on Amazon for the first time since 2019. Shares that move openly in front of the market. In separate news, Nike plans to increase prices for some articles on June 1st. The increases range from $ 2 and $ 10 per item and do not apply to children's amounts or items under $ 100. The stocks are currently around 1 and half a percent. At least in the resumption of retail and in some of these partnerships here, especially after the connection between Dicks and Foot Lichs, two of their biggest wholesale partners here when they think about what Amazon would give them, and these business and this partnership they had have with Amazon. Cut back to the accumulations. Value, price controls too. And now under Elliott Hill you can see a kind of reversal of this strategy here. Had the opportunity to actually meet him over the weekend, um, and it was really good, interesting to see how the team also deals with part of the strategy.

02:01 Speaker B

Yes, to return to these wholesale channels, it is interesting to mention two things that are to be mentioned here with this new new partnership with Amazon. First of all, as part of this, Amazon apparently promised to double his efforts to counterfe with counterfeits and non-nike sneakers on the platform. So that's one thing, because that was one of the reasons why Nike had withdrawn from Amazon in the past. Ding two is, as potentially influenced some of the other wholesale partners. There was an interesting note by John Zolidis in Quo Vadis Capital this morning, where he said that they know that this could be negative for countries like a foot locker and a tail if people go to Amazon and not to these channels and perhaps also to sports the academy. He is not a bull. But we don't see a big reaction this morning, but it is something that we can continue to see here, since these labels, especially the locker, are so indicated to Nike.

03:45 Speaker A

For those who ask which shoe of the Nike CEO is wearing, it was actually the Kobe -Mambacitas.

03:57 Speaker B

I have to google that. I don't know what they look like, what they look like.

04:13 Speaker B

And the next step is the Chinese car manufacturer BYD Tesla for the first time in Europe last month. This is according to research from Jato Dynamics. BYD's EV turnover rose by 169% in April and was one of the top 10 EV producers in Europe. In the meantime, Tesla's turnover decreased by 49% last month and they decreased by 30% in the first three months of the year. Now these two are really neck and neck here. We are talking about BYD with 7,231 vehicles. So really only to put out Tesla with 7,165. What is interesting for me here when you look at these numbers from Jato Dynamics is that Elon Musk spoke to this big conference in Qatar and said: Well, everyone was in Europe in the past few months, and that is clearly not really the case, especially at EVS. In particular, the Volkswagen Skoda brand in EVS has developed well, but interesting to see that BYD's profit in particular.

05:55 Speaker A

Yes, some of the large numbers that Jato Global Analyst encountered here, Tesla reported a decline in total amounts in April in April by 49%. They compare this to BYD and what has taken place, which is 359%. And then also what makes this even more remarkable,

06:23 Speaker B

The hybrids also include 359%. So it is all of these BYD cars.

06:28 Speaker A

Yes that is correct.

06:31 Speaker B

Correct.

06:32 Speaker A

But it is also more interesting that BYD has only entered this region in this region in the course of the past. You can essentially count them here when we think about how quickly this company stolen, stolen stolen market shares. Manufacturers think about it. I think that is really remarkable if we look at the move from year to year by about 74%.

07:17 Speaker B

Yes.

07:18 Speaker A

Finally, the persecution of Snowflake, which increases its product sales advice of the year as a whole and made a profit in the first quarter. Shares of the Cloud storage company, they move higher this morning. This was the first quarterly turnover of Snowflake over $ 1 billion. The annual product sales of 4.33 billion US dollars are now expected. Shares higher in front of the market by about 8.4%.

07:51 Speaker B

Yes, a large part of the company's AI relatives, you know, uses this data to train some of them. This is really apparently what it uses here and one of the things that have managed the turnover.