Finance news

Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market

Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands.

Video games: According to the citizens' initiative: Brussels wants to talk to the games industry

Almost 1.3 million signatures: A request from video game fans ends up on the table of the EU Commission, which now wants to take action. It's about when games can end.

◇ unclassifiedusa · europe · germany

MBDA advances land version of its naval missile as European strike weapon

Europe lacks long-range strike options that provide deterrence by holding Russian assets at risk, a gap that countries are trying to patch.

This little-known AI stock has beaten Micron and Arm this year, and now it’s extending its lead

Rackspace shares are surging Tuesday following a new deal with AMD.

'Godfather' of options sees SpaceX surpassing Nvidia, Tesla as early trades come in

SpaceX options are officially listed, and they're off to the races.

◇ unclassifiedusa · europe · germany

Rheinmetall pitches shipping container that can spit out swarms of attack drones

One container can hold 18 of the company’s FV-014 munitions, meant to plop out of the container by way of rocket-assisted start.

35d06/16⚠ shipping-routes · 2/5

As Hormuz crisis eases, gas prices may drop—other costs like groceries and home goods could stay high for a while

Oil prices are falling after a tentative agreement to reopen the Strait of Hormuz, but broader relief from higher prices may take time.

◇ unclassifiedmiddle-east · russia · usa

Australian LNG Strike Threatens Global Gas Supply as Qatar Recovery Lags

The ongoing strike action at Australian LNG facilities of Inpex is expected to disrupt operations significantly, a senior official at the Japanese energy firm told Bloomberg on Tuesday. Workers at Inpex’s Ichthys LNG facilities last week voted to escalate the strike action at all three sites to work stoppages of up to 8 hours per day, up from 4 hours previously. “We anticipate imminent disruption to production at both onshore and offshore Ichthys LNG facilities,” Bill Townsend, senior vice presi

◇ unclassifiedchina · asia · usa

Iran war ‘stark wake-up call’ for fossil fuel-dependent Southeast Asia: IEA report

The Iran war has exposed major risks for Southeast Asia that could cost the region billions of dollars, if it does not diversify sources of energy more quickly, according to an International Energy Agency (IEA) report released on Tuesday. An overreliance on oil and gas transported through the Strait of Hormuz left the region particularly vulnerable to shocks from the Iran war, a “stark wake-up call” for its energy security, the report says. It notes that rising sales of electric vehicles, a...

Social◇ unclassifiedsocial-signal

I want to get into cryptocurrency, but my account won’t allow me to purchase crypto directly or through a spot ETF.

So I have a Fidelity custodial account, and I really want to get into cryptocurrency, but my account won’t allow me to purchase crypto directly or through a spot ETF. So that leaves me with the option to after a company like Coinbase or Microstrategy. I’m concerned about microstrategy because I’m concerned about Bitcoin with their lack of quantum resistance, but I feel like they could still come back up at least one more time? And obviously if Bitcoin goes quantum resistant, then that risk is no

Fee-only, conflicts and bizarre allocations

What are the conflicts of interest for fee-only advisors? I just started working at a company that sits at an intersection with the financial industry, and I'm trying to get a better understanding of how this works, because a lot of clients have a relationship with these advisors (fee-only). I've already read in the literature that they tend to be more conservative and go for assets that don't fluctuate much, because the firm's cash flow is proportional to the client's AUM. In other words, it'

Social◇ unclassifiedusa

Self-driving tech supplier Mobileye targets U.S. robotaxi launch in 2027

Self-driving technology supplier Mobileye Global announced it would launch its own robotaxi service Tuesday.

Energy: Oil prices continue to fall significantly

Since the situation in the Middle East has eased, crude oil prices have been on the decline. The price of a barrel of Brent oil falls below $80.

Survey: Fund managers are becoming more cautious about stocks – but only a little

Institutional investors are no longer investing quite as much in stocks as they did a month ago. However, fears of major setbacks are only evident in one region.

◇ unclassifiedusa · europe

Europe rearms: Battle management, counter-UAS, and real AI at the edge

[Sponsored] Mapping Europe’s modernization from the Eastern drone wall to actual artificial intelligence resident in tanks.

Social◇ unclassifiedgermany · europe

Prices at the airport

Maybe someone can explain to me what justification is used to set the prices for shops/restaurants at airports? I recently flew from Munich to Greece. Because the drinking water dispenser behind the check-in/security check at the MUC was broken (there actually was one), I bought 2x 0.5 still water (normal 0815) from a shop for a total of €9.90. When we arrived at the destination airport, because we were thirsty and so on, we bought 2x 1.5 liters of still water... €4.90. Mind you f

From Pro Sieben: Will Jochen Schweizer soon belong to Jochen Schweizer again?

The former stuntman first sold, now he is thinking about taking back the company he built from Pro Sieben Sat.1. A sticking point is the rights to the “Jochen Schweizer” brand.

35d06/16⚠ war-conflict · 2/5

Ukraine war: A change is looming at the G7 summit

Because US President Donald Trump needs support for his peace agreement with Iran, he is apparently moving into Ukraine policy. The G7 partners want to use the momentum.

◇ unclassifiedgermany · europe · uk

Space: SpaceX buys for $60 billion - and overtakes Microsoft and Amazon on the stock market

The record IPO of Elon Musk's space company is followed by the takeover of the programming assistant Cursor. The stock continues to rise at a rapid pace.

AfD: Bundestag lifts immunity of AfD politicians

After his immunity was lifted, the public prosecutor's office is examining steps against the AfD Bundestag member Haise from Baden-Württemberg. What he is accused of – and what happens next.

I’m 20, and I’ll be watching Kevin Warsh and the Fed this week. Here’s why you should, too.

What the Fed’s interest-rate decision really means for your borrowing, savings and financial future

Social◇ unclassifiedgermany · usa · europe

Reality check after first salary. Life is damn expensive

I'm now in my first "real" full-time job after graduating and I'm realizing how damn expensive life is. Every month I have €4,400 gross, and three times a year there are additional payments of two to three thousand each. I left that out, it's about the regular monthly income. I'm 25 and have a Mint Master's degree. I work in development for a large medium-sized company in southern Germany. Of the 4,400 gross, almost 2,800 net remain. Leaving the church is in the room.

35d06/16⚠ war-conflict · 2/5

Top meeting: G7 wants to increase pressure on Russia

The USA sees an end to the war with Iran. The G7 summit is also about Ukraine. Trump seeks a conversation with the Ukrainian president.

◇ unclassifiedgermany · europe · usa

◇ unclassifiedusa · russia

The new oil? Inside the effort to turn AI computing power into a tradeable commodity

AI compute futures could eventually rival some of the world's largest commodity markets, Silicon Data's Carmen Li believes.

Trade fair industry: Messe Berlin feels the difficult environment

Messe Berlin is doing better than expected in the event business. The hopes for 2026 lie in leading trade fairs such as Innotrans.

35d06/16⚠ war-conflict · 2/5

Hong Kong must remain outward-looking to thrive: past and present TDC leaders

Hong Kong must remain an outward-looking economy and a free port to thrive, current and former leaders of the city’s trade promotion body have said, stressing the importance of working with mainland China and tackling challenges creatively. Hong Kong Trade Development Council chairman Frederick Ma Si-hang and four of his predecessors spoke on Tuesday at a panel discussion marking the organisation’s 60th anniversary. “Hong Kong has to maintain its outward-looking society and economy,” former...

◇ unclassifiedchina · asia

Does the Iran war diminish US superpower status?

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◇ unclassifiedusa · europe · iran

With new Paris office, UAE’s EDGE Group sees Europe as ‘next large market’: CEO

EDGE CEO Hamad Al Marar told Breaking Defense the company is seeing high demand for its tech after it played a role in defending the United Arab Emirates from Iranian attacks.

Logistics: When the postman leaves the car

In future, letters and parcels will be delivered CO₂-free over the last mile in Vienna. What sounds like a major achievement for the environment is already happening in German cities. But there's a catch.