Finance news

Hormuz Crisis Sparks a Middle East Pipeline Boom

The blockading of the Strait of Hormuz was something that was never going to happen—until it did, paralyzing a fifth of global LNG and crude oil flows and causing quite a bit of economic pain to both producers and consumers of energy commodities. Now, they are taking care to never let a disruption of that scale happen again. The most immediate response to Iran’s closure of the strait was switching to alternative pipeline routes for those that had them. Saudi Arabia demonstrated foresight with it

Revolutionary Guard claim is ‘outright lie’, says Iran’s football federation

US claims that an individual with ties to the Islamic Revolutionary Guard Corps (IRGC) tried to join the Iran team’s flight to the United States on Saturday are “fabricated and entirely baseless allegations”, the country’s football federation (FFIRI) has said. Markwayne Mullin, the US Homeland Security Secretary, told Fox News on Sunday that someone under the guise of being the Iranian federation (FFIRI) president tried to board the team’s flight to Los Angeles from Mexico for Sunday’s World Cup

NetEase keeps ripping while Alibaba and Baidu bleed, china tech isn't one trade anymore

I've spent the last couple months trying to build a China tech position and it's been genuinely frustrating. Since roughly March the internet heavyweights (Alibaba, Baidu, JD) have broadly lagged while NetEase keeps grinding higher and Tencent just chops sideways. They're all "China tech" but the correlation between them has completely broken down. What caught me off guard is where the momentum actually rotated. CATL in batteries, Cambricon in AI chips, Mindray in medical devices. The sector lea

Saving instead of investing for years – what would you do today if you were me?

Hello everyone, I am currently 34 years old and only started getting serious about investing when I was 33. Looking back, this is probably one of my biggest financial mistakes. Especially in my early 20s, I should have started much earlier. I was afraid of investing for years. On the one hand because I didn't know enough about it, on the other hand because I was afraid of losing money. That's why I just left my money in the bank account where

Been saving cash for years instead of investing. What would you do now?

34 years old, started investing seriously at 33, now wondering what to do next. One of my biggest financial regrets is not starting earlier, especially in my early 20s. I was always afraid of investing. Partly because I didn't know enough and partly because I was afraid of losing money. Instead, I kept saving cash in my bank account where it earned basically nothing. My original plan was always to buy real estate. I spent years saving and waiting for the "right" property, but I never found one t

Castro ally Ramiro Valdes, lauded as a hero of Cuban revolution, dies at 94

Ramiro Valdes, one of Fidel Castro’s earliest collaborators who was lauded at ⁠home as a hero of ⁠the Cuban revolution, has died at the age of ⁠94, President Miguel Diaz-Canel said on social media on Sunday. The president did not provide a cause of death. A top government official for decades after Castro’s rebels came to power in 1959, Valdes held the honorary titles “Hero of the Republic” and “Commander of the Revolution” and formed part of the powerful Political Bureau of the ruling Cuban...

Iran conflict: Negotiations in Switzerland - Trump threatens from Washington

While the USA and Iran are negotiating in Switzerland, sharp warnings from Donald Trump are causing tensions. How are the delegations reacting to the threats from Washington?

Thesis tracking is so painful with Google Docs!

I have been investing for around half a year, the way I structure my portfolio is through picking 5-10 individual stocks across multiple industries and I write my thesis on them in a Google Docs, stuff like bear scenario, bull scenario or my overall bias. I don't have capital so some would argue that I'm wasting my time, however this is a skill I am eager in learning. Currently I have 10 stocks in my portfolio, which is on the high end of things and it's honestly pretty hard to manage using Goog

+++ Iran War +++: USA and Iran agree on approach for final agreement

Vance reports on progress in negotiations +++ Trump calls on Iran to stop Hezbollah +++ Iran's president signals US written renunciation of nuclear bomb +++ The news blog.

Thousands rally in Prague against government’s public broadcasting overhaul plan

Thousands of Czechs rallied in the capital on Sunday to condemn a plan by the government led by populist Prime Minister Andrej Babis to overhaul funding for public broadcasters that is considered dangerous for their independence. The protesters gathered in front of the Czech public television offices in Prague, Czech Republic, to voice their support for the media a day before their staff plan to go on a warning strike, and after recent protest marches in the regional capitals and...

Whatever Happened to the Small Modular Reactor Revolution?

In the early 2020s, there was great enthusiasm around the development of the small modular reactor (SMR), which was expected to support a nuclear renaissance. However, after supply chain disruptions, technical difficulties, and other challenges, it is unclear whether SMR development is progressing as expected. Nevertheless, some companies continue to invest heavily in the technology, hoping it will help drive innovation and expansion in the nuclear power sector. SMRs are advanced nuclear reactor

The AI trade has left the hyperscalers in the dust. What will it take for that to change?

In his Sunday column for Investing Club subscribers, Jim Cramer examines the market's love affair with memory and semi-cap equipment stocks.

After Anthropic ban: Europe's way out of the AI ​​trap

Donald Trump denies foreigners access to the best AI models. Now Europe is waking up.

Iranians walk out of Swiss talks venue after Trump threat to ‘hit Iran very hard again’

Iran’s delegation on Sunday walked out of the Swiss venue where it held talks with the United States towards permanently ending the Middle East war, after Donald Trump threatened to strike the Islamic republic over its support for Hezbollah. The negotiations to end a war that sowed chaos across the region and rattled the global economy are meant to trigger a 60-day period to settle broader issues that have dogged US-Iranian relations for decades. But disagreement over key sticking points and the

SPCX 15 Inclusion Question

Hi I have a question about the 15 day Space X inclusion period where it officially gets added to multiple indexes. I want to focus on the Nasdaq 100. My question is about index funds front running this inclusion. On July 6th the rebalancing is officially completed for the Nasdaq 100 to include spacex. So my question is when do these index funds actually start purchasing? From what I understand these index funds are not allowed to purchase until after 15 days from the IPO so that would land on Ju

Portfolio Allocation Recommendations - Late 20s

Thoughts on these portfolio allocation recommendations from ChatGPT Taxable - FSKAX 55%, FTIHX 20%, FSPGX 15% Currently I have had a combination of this structure in mainly ETFs. I know from my research ETFs can be better in Taxable Accounts for portability and less likely to receive capital gain distributions. HSA - FSKAX 62.5%, FSPGX 37.5% Roth IRA - VT 100% Too conservative for someone in their late 20s? submitted by /u/zinsights19 [link] [comments]

Chinese fentanyl network suspected of crypto fraud via Japan base

Domino Pizza stock value now that Pizza Hut is being sold?

Correct me if I'm wrong but now that Pizza Hut is being sold, Domino and papa John are pretty much the only pizza chains leading the market now in the US and Domino is the more prominent of the 2 imo. Shouldnt this be a huge catalyst in the upcoming days for Domino stock if Domino can climb to be the top Pizza seller in the US? submitted by /u/Hugh_Mungus94 [link] [comments]

Pope Leo exalts first American saint as a model for Christians for her care of migrants

Pope Leo on Saturday exalted the first American saint, Mother Frances Cabrini, as a model for Christians today to care for migrants in need, as he visited her birthplace during a day trip to northern Italy. Leo, who has clashed with the Trump administration over its migrant crackdown, urged young people in particular to learn about Cabrini’s life and service, once again confirming history’s first US pope as the heir to Pope Francis in prioritising the plight of migrants. Leo prayed before...

Should we sell or hold everything on Monday? -for short term

I have some shares on Delta airlines (50%) and the rest on United airlines, intc, amd, QQQ. I have to sell everything until Thursday but this strait of hormuz crises stresses me so I need advice on whether I should go full sell on Monday? What are your plans? Is it a red day on Monday? submitted by /u/Such_Commercial_7436 [link] [comments]

Equinor Expands Giant Troll Field as Europe Hunts for More Gas

Equinor and its partners are investing more than NOK 4 billion ($390 million) to expand the Troll field, a giant North Sea asset that supplies around 10% of Europe's natural gas and contains 40% of Norway's remaining gas reserves. The project is expected to unlock around 11 billion cubic meters of natural gas, equivalent to roughly 69 million barrels of oil equivalent (boe), further strengthening one of Europe's most important sources of energy. Known as TWIN (Troll West Increased Gas Recovery N

Commission recommendation: This is what the major pension reform should look like in detail

Experts and politicians have been working on it for six months. Now they're done. A stock pension based on the Swedish model is intended to strengthen the statutory pension, and age limits are to be increased. Here is an overview of everything important.

Ethiopian PM’s party secures landslide win in national election

Ethiopian Prime Minister Abiy Ahmed’s Prosperity Party (PP) won a landslide victory in legislative polls held June 1, the election commission said on Sunday, giving it almost 90 per cent of the seats. Abiy has led Ethiopia since 2018, and is increasingly criticised for growing authoritarianism, in contrast to his early years when he won the Nobel Peace Prize for mending relations with neighbouring Eritrea. The PP was considered the overwhelming favourite in the country of 130 million, facing a..

+++ Federal policy +++: Merz sees potential for savings in the youth welfare sector

Merz: EU financial proposals are far too high and cannot be approved +++ Construction Minister wants to noticeably reduce construction costs with a package of measures +++ Merz invites you to the E5 summit in Berlin +++ The news blog.

+++ Federal policy +++: Merz open to changing the insult paragraph

According to the report, every second clinic could go bankrupt +++ Warken suggests changes to pension subsidies for nursing relatives +++ Merz sees potential for savings in youth welfare +++ The news blog.

+++ Federal policy +++: According to the report, every second clinic could go bankrupt

Merz open to changing insult paragraphs +++Warken hints at possible changes to pension subsidies for carers +++ Merz sees potential for savings in the youth welfare sector +++ The news blog.

Trump Does Not Understand the War He Lost

submitted by /u/Shadowblade83 [link] [comments]

Where do you see VWCE at in 2035/2040

I am considering investing in it but what do you who already invested in it think. Where do you see it in say 2035/2040 maybe even 2050? submitted by /u/Ashen219 [link] [comments]

Pension: Widespread criticism of pension reform threatens the government's schedule

The coalition wants to approve a reform package before the summer break, which includes, among other things, pensions. But the pension commission's proposals are facing resistance.

Pixar's 'Toy Story 5' lassos biggest opening weekend in franchise history with $160 million haul

Disney and Pixar's "Toy Story 5" tallied $160 million domestically during its opening weekend, the highest debut in franchise history.