Finance news

Investment: How can I exchange my Bitcoin for euros?

A reader bought Bitcoin in Switzerland and now wants to exchange it for euros. What does he have to pay attention to and who does he have to report something to?

Today: Good Micron numbers: Fear of AI bubble postponed

The US semiconductor manufacturer expects sales of $50 billion for the fourth quarter. However, the focus is also on an announcement from the largest competitor.

Luxury spending now driven by experiences and 'inheritourism'

While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.

Apple stock drops 5% on MacBook and iPad price hikes due to memory crunch

Tim Cook said last week that Apple would hike prices due to surging memory and storage costs.

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Wall Street: US stock exchanges open inconsistently - price pressure in the USA continues to increase

The situation on Wall Street remains tense. Although new economic data confirmed the previously expected forecasts, investors are still holding back.

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Comment: Vacation - the alleged relief of the travel industry is a farce

The federal government celebrates itself as a benefactor of the troubled travel industry. The thanks from the German organizers are likely to be rather restrained.

Glyphosate dispute: Bayer wins decisive victory before US Supreme Court

Pharmaceutical and agricultural company Bayer wins the dispute over the pesticide glyphosate before the US Supreme Court. The stock reacts strongly to this.

◇ unclassifiedchina · asia · usa

Asia treads cautiously on Iranian oil exports despite US sanctions waiver

Asian economies are expected to exercise caution in buying oil from Iran following a 60-day sanctions waiver for the Gulf country’s oil exports that took effect from Sunday, as they weigh compliance, financial risk and a potential return of hostilities between Washington and Tehran. Global markets have been looking for signs of progress that the United States and Iran could reach a lasting peace agreement despite concerns over the sustainability of a 60-day ceasefire that began earlier this...

What are the point of bond funds? (SWAGX)

I have about 25% bonds in my portfolio. I set this allocation back when I started, so I would at least Be somewhat protected. Looking at performance I might as well kept it in a HYSA or something. I know if interest rates drop bonds would go up but they are already fairly low and probably will be hikes in the future. Since 2017 this fund is down about 10%. At least the rest of my portfolio is in the SP500/total market. I’m not really asking for help just wondering why this even exists lol submit

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Investing vs Buying a Nice Car? or Try to Do Both? I am Young, Worth It ?

Hey everyone, I’m in my 20s, currently investing $1,000/month into VT ETF, and working on growing my income with side gigs. Now I’m stuck between: continuing to invest all extra money, or buying a nice car I know the long-term value of investing early, but I also feel like this is the age to actually enjoy things a bit. For those who’ve been here: Did you go for the car, worth it or regret it? Or did you prioritize investing, happy you did? Anyone manage to balance both? Would love to hear real

◇ unclassifiedgermany · europe · usa

After lawsuits: Success for Bayer before the US Supreme Court in the Roundup dispute

US lawsuits surrounding the weed killer Roundup have plagued Bayer for years. Now there is an important ruling from the US Supreme Court.

Micron has suddenly become one of the world’s most important stocks

“It is hard to overstate how significant last night’s earnings were,” a Mizuho managing director said.

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US inflation rises to 3-year high, spending picks up

US consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war. The personal consumption expenditures price index rose 4.1 per cent last month from a year earlier, the most since April 2023, Bureau of Economic Analysis data out on Thursday showed. Excluding food and energy, prices were up 3.4 per cent from a year earlier. Inflation-adjusted consumer spending rose 0.3 per cent from a

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Philippines deploys US-made Triton naval drones in its western waters to scout for intruders

The transfer comes after the military revealed that China discreetly deployed a 6x6 meter floating platform equipped with an antenna at Scarborough Shoal.

Money from Gordon Brothers: Galeria receives rescue loan – and avoids bankruptcy

Galeria has been negotiating new financing for weeks. Now the deal is done. But is there enough money for a real renovation of the department store chain?

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Middle East Fuel Oil Exports Set to Hit Four-Month High

Fuel oil exports from the Middle East are expected to rebound to a four-month high this month as tanker traffic through the Strait of Hormuz picks up and key fuel oil producers Iraq, Saudi Arabia, and Oman have moved to increase shipments from ports outside the Persian Gulf. Middle Eastern fuel oil exports are set to jump by 20% from May to about 508,000 barrels per day (bpd) in June, according to ship-tracking data reviewed by Reuters. Saudi Arabia boosted fuel oil shipments from the Yanbu port

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Department stores: Galeria buys more time with a new million-dollar loan

The contract for a credit line of 160 million euros was signed after long negotiations, as Handelsblatt learned. But Galeria's future is anything but certain.

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Rheinmetall: How the extent of the Rheinmetall crash can be explained

Rheinmetall loses an order and shortly afterwards the price falls by almost a fifth. A lesson in the rules of a nervous market.

Takeover: Merck buys laboratory equipment in America for 9.9 billion euros

The German pharmaceutical company is making its next big takeover under its new boss. It is intended to advance business with laboratory customers. The share price is rising.

Electric cars: Tesla is building more cars in Grünheide - 1,000 new employees

The slump in sales at the electric car manufacturer Tesla appears to have been overcome. The increasing demand is also reflected in the plans for new workers.

Rating agency Scope: Study: Pension plans help budgets and burden consumers

The pension commission's proposals would support Germany's top credit rating on the financial markets, says the rating agency Scope. But initially they put a strain on consumers and the economy.

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Major Italian shipbuilder Fincantieri exploring nuclear-powered vessels, CEO says

Fincantieri CEO Pierroberto Folgiero also touched on several other topics during a closed-door roundtable, including lessons learned from the war in Ukraine regarding naval drones and the future of a common European patrol corvette.

Apple’s MacBooks and iPads are getting more expensive as the memory crunch deepens

Apple increased prices on select MacBooks and iPads Thursday morning on the heels of a blowout Micron earnings report.

Micron is up 10% after blockbuster earnings, but has pulled back from highs

The company's revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday

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JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits

The moves would appear to make Doug Petno and Troy Rohrbaugh the most obvious possible successors to JPMorgan Chase CEO Jamie Dimon.

Swimming warning: “Danger is underestimated”: Cologne fire department warns against swimming in the Rhine

During a rescue exercise, the DLRG, fire department and the city of Cologne demonstrated how dangerous swimming in the Rhine is. Some bathers ignore the ban, especially on hot days.

My son passed away. Am I crazy to move to my former home and sell a house I bought in September?

“I raised my children there as a single mother, and it was the last home my son lived in before he passed away unexpectedly.”

Breakthrough in the glyphosate dispute: Bayer wins important victory in the highest US court

Decisive victory for Bayer: The Supreme Court rules that the requirements of the US federal authorities take precedence over the laws of individual states. The company's share price jumps up.

Basis for lawsuits withdrawn: Bayer wins in the glyphosate dispute before the Supreme Court

Decisive victory for Bayer: The Supreme Court rules that the approval requirements of the US federal authorities take precedence over the laws of individual states.