Additional US Equity Stories: BB, SNAP, MSFT, TCEHY, XPEV, CCL

• 
  BlackBerry (BB) (Information Technology/Software) announced the BlackBerry QNX has been selected by Volvo (VLVLY) for its main domain controller in over 300k heavy vehicles.


• 
  Snap (SNAP) (Communication Services/Interactive Media & Services) will reportedly acquire ScreenShop application to fuel its shopping push, according to The Information.


• 
  Microsoft Corp. (MSFT) (Information Technology/Systems Software) - Investigators suggest that personal data was taken in an earlier hack or off social media in order to assist with the breach of the Co.'s exchange server, according to WSJ citing sources.


• 
  Tencent (TCEHY) (Communication Services/Interactive Media & Services) Prosus sold roughly 192mln H-shares in Tencent at HKD 575-595/shr.


• 
  Xpeng (XPEV) (Consumer Discretionary/Automobiles) is reportedly developing its own chip and is expected to tape out as early as year-end, according to CNEVpost.


• 
  Carnival Corp. (CCL) (Consumer Discretionary/Hotels, Resorts & Cruise Lines) provided a Q1 business update; cash burn rate was better than expected, ended Q1 with USD 11.5bln of cash and short-term investments. Booking volumes for all future cruises during Q1 were roughly 90% higher Q/Q, Adj. Net loss of USD 2.0bln.

07 Apr 2021 - 14:19- EquitiesResearch Sheet- Source: Newsquawk