It’s clear that we have experienced a bonanza in the U.S. stock market, but only few runs might be left before a correction could bring shares back to a more normal valuation, especially if inflation results in higher interest rates in the future.
Since July 2021, their share prices have followed a substantial decline in Iron Ore and I believe this could continue until Feb 2022 when China will host the next winter Olympics.
Aside from the quarterly financial statements, companies typically also discuss their results in a press release and a conference call with analysts who cover the stock.
Integration has started this year and it expects to generate 5 billion euros ($5.8 billion) of synergies. In the first 6 months Net Profit achieved almost 8B€ ($9.29 billion), while the current capitalization is 50B€ ($58 billion) with 15B€ ($17.4 billion) net cash.