Finance news

◇ unclassifiedusa · europe · uk

US military seeks cultural advisors in Somalia amid regional strikes

The U.S. special operations task force in Somalia is looking for contractors to advise troops on Somali politics, culture and tribal dynamics.

Nvidia's entrance into the PC market gives investors another reason to own the stock

The investment case for Nvidia just got broader and stronger.

Education: “More Bismarck, less Hitler”: How the AfD wants to change schools and universities in Saxony-Anhalt

In Saxony-Anhalt, the AfD wants to abandon the Bologna process for the Europe-wide harmonization of study programs and abolish compulsory schooling. That would have consequences for the country's economy.

◇ unclassifiedgermany · europe · uk

Artificial intelligence: When corporate profits become a risk

At the beginning of the year, a bleak future scenario surrounding artificial intelligence caused uproar. Now it looks like the first step into this dystopia has been taken. A comment.

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Wall Street: Nvidia attacks the PC chip market – Intel, AMD and Qualcomm under pressure.

Despite new escalations in the Iran war: The market picture remains constructive, but increasingly dependent on a few large technology stocks.

◇ unclassifiedusa · europe · india

Not ‘just a gun’: New SOCOM rifle allows barrel swapping and cartridge changes

At SOCOM’s request, the rifle features a swappable barrel, allowing operators to change between legacy cartridges and the newer 6.5mm Creedmoor.

◇ unclassifiedchina · asia · usa

China team drafts ‘comprehensive’ sanctions list targeting US, allies on 63 tech sectors

Since US President Donald Trump launched a tariff war against China during his first term in office, Washington has steadily expanded restrictions on Chinese access to advanced technologies, targeting semiconductors, artificial intelligence (AI), quantum computing, aerospace systems, supercomputers and a broad range of dual-use technologies. These export controls are aimed at slowing China’s rise in high-end manufacturing and frontier science. But Beijing’s rapid progress in a number of...

◇ unclassifiedmiddle-east · usa · europe

Equatorial Guinea Clears Europa Oil's Block Farm-Out to Chinese Firm

Europa Oil & Gas said it is moving closer to drilling the Barracuda prospect offshore Equatorial Guinea after the Central African country approved the entry of a new Chinese partner in the relevant license.

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Today: Will an Nvidia PC soon compete with Apple, AMD and Intel?

Nvidia attacks the PC market with “RTX Spark”. How risky is the strategy? And: Attacks by the USA and Iran are making peace negotiations more difficult.

The massive run-up in AI stocks this year may be built on a ‘token mirage’

Trading veteran Kevin Muir, author of the Macro Tourist on Substack, raises questions about true demand for artificial intelligence.

◇ unclassifiedchina · asia · uk

UK publishes new Mandelson files, raising heat on PM Starmer

The UK government released a vast trove of documents relating to Peter Mandelson’s appointment as US ambassador, in a move that threatens to cause fresh damage to Keir Starmer’s faltering premiership. More than 1,500 pages of documentation were published on the British government’s website just after 2pm. They include emails, text messages and other exchanges between government ministers, aides and Mandelson in the run-up to his appointment as US envoy, a post he held from February to September.

“Smartphone moment”: Nvidia enters the Windows laptop market

The chip company wants to revolutionize the classic home computer with AI and the software giant Microsoft. This puts the competition's share prices under severe pressure.

Artificial intelligence: “We are no longer just talking about AI as a tool, but about AI as an actor”

Andreas Lezgus is Chief Technology Officer at the Federal Criminal Police Office. A conversation about AI as an investigative tool, Germany's vulnerability - and how to teach an authority to make progress.

Artificial intelligence: Softbank wants to invest 75 billion euros in data centers in France

With the investment commitment from the Japanese tech investor, Macron wants to strengthen the location and increase AI computing capacity in Europe.

◇ unclassifiedchina · asia · usa

Chinese EV makers recover in May but competition remains fierce amid overcapacity woes

Sales of electric vehicles (EVs) in China recovered on solid footing in May, as new models fitted with higher-performance batteries and more advanced driver assistance systems drew consumers amid intensified competition. Zeekr, a premium EV brand owned by Geely Auto, the country’s second-largest carmaker, and Stellantis-backed Leapmotor rewrote their monthly delivery records, the latest sign that local government subsidies have whetted consumers’ buying appetite for big-ticket items. Although...

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Jim Cramer's top 10 things to watch in the stock market Monday

Nvidia is going after the PC market, and the software stock comeback continues.

◇ unclassifiedusa · europe · japan

Army vet supports her Navy sister in tough hospital journey

When Navy fire controlman aegis Kayla Saska needed support during a hospital stay, her Army veteran sister Patricia Rowledge rushed to Bethesda, Maryland.

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Michael Burry Calls Elon Musk-Nvidia AI Deal 'Fugazi': Warns Retirees of Hidden Risks

https://www.ibtimes.co.uk/michael-burry-ai-bubble-warning-1800028 Burry warned in a recent post on Substack that leading companies like Nvidia and Elon Musk's xAI are leveraging GPU-backed securities deal structures to secure funding to power their growing AI data centres while putting the retirement funds of Americans at risk. Burry detailed in his post the exact pipeline that moves retiree savings into the running Musk's AI data centres without them knowing about it, describing such deals as '

Social◇ unclassifiedusa · uk

Artificial Intelligence: Cohere boss: Talents from Aleph Alpha stay in Germany

Europe has enough talent, companies and capital - the only thing that is lacking in the AI competition is the will, says Cohere boss Aidan Gomez. He calls for a cultural change.

Nvidia, Meta and Schlumberger rank among top companies adopting AI, new study says

The AI-Driven Enterprise Institute released new research that breaks down how well S&P 500 companies are adopting AI compared to their peers.

TECH 2026: Telekom boss plans to double the output of the AI factory in Munich - but sets one condition

Deutsche Telekom has opened a data center in Munich together with Nvidia. Now the performance should be doubled. However, the Telekom boss sees a hurdle for larger investments.

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Retail investors, beware SpaceX

It won’t become the next Nvidia. It mathematically cannot. https://www.bloomberg.com/opinion/articles/2026-06-01/spacex-needs-to-get-to-5-quadrillion-to-rival-mag-seven-magic?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc4MDMxMjk2NiwiZXhwIjoxNzgwOTE3NzY2LCJhcnRpY2xlSWQiOiJURlk1MjRLSVVQWFMwMCIsImJjb25uZWN0SWQiOiI0NkJCMkEyQTRCMEE0REVCOUY0NUU4QjgzQ0YxQkUwOSJ9.TbDuPqFDCxEKJJjVFAjrQTKurQK8TWthWLUPyogaTW8 submitted by /u/StayEngaged2222 [li

Social◇ unclassifiedsocial-signal

42d06/01⚠ war-conflict · 3/5

Poland spends $16.5 billion in EU-backed loans on heavy army weapons

Amid political infighting over the funding mechanism, the government has tapped local companies to make fighting vehicles, howitzers and ammunition.

◇ unclassifiedusa · europe · uk

Arm’s stock may be the biggest beneficiary of Nvidia’s new AI effort

Nvidia’s new RTX Spark PC chip uses Arm technology.

42d06/01⚠ war-conflict · 1/5

Fallen for credit card fraud

Unfortunately, I fell for a well-done credit card scam over the weekend. In the evening I was contacted by the hotel where we had soon booked a room that I should provide a credit card for confirmation. I hesitated for a moment but the link looked good - all the data matched. Name, date for one night, amount of money, etc. (called the hotel on the phone, they probably have a data leak - that's all I know, they couldn't tell me more) So I quickly brushed my teeth and...

Social◇ unclassifiedgermany · usa · europe

42d06/01⚠ war-conflict · 1/5

M25 / First job after 7 years of study

At 25, I'm starting my first full-time job after my master's degree as a software engineer. I earn 55k a year (12 salaries) and after one year my contract will increase to 60k. I live with my girlfriend in a medium-sized city, we pay 1,070 euros in rent and, after deducting all expenses, the housing costs are around 1,200 euros. In addition, there are expenses for food and leisure activities (such as going out for coffee), so we have around 1,800 euros

Social◇ unclassifiedgermany · usa · europe

42d06/01⚠ war-conflict · 2/5

Arm, IBM and Hewlett Packard soar as Nvidia chip 'reinvention' extends software rally

Shares in software compares surged ahead of Monday's opening bell.

Business ticker: Tech billionaire Peter Thiel now lives in Buenos Aires

Softbank wants to invest 75 billion euros in French AI infrastructure +++ The first Windows PCs with Nvidia chips are to be presented +++ Northvolt bankruptcy: state parliament was not sufficiently informed +++ News in the company live blog.

Pharmaceutical company: Moderna is developing a vaccine against the Ebola outbreak in Congo

Health authorities around the world are urgently looking for solutions to contain the spread. The WHO had recommended that several experimental drugs be given priority.