Finance news

LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade

Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.

based on the British model: Why soda manufacturers could soon change their recipes

Well-known soda manufacturers could soon adapt their recipe - at least to avoid the sugar tax planned in Germany for 2028. What that could mean specifically for the popular products.

Under ‘Drone Dominance’ push, Pentagon begins receiving small drones

So far, the department has ordered 20,000 small, FPV-style drones from 10 vendors.

Fund tip of the week: What currently speaks for convertible bonds

With convertible bonds, investors not only secure fixed interest rates, but also the right to exchange the securities for shares. The bonds are doing well – for good reasons.

Alzheimer's medication: How much can joy of life cost?

After many years there are new, effective drugs against Alzheimer's. But it is questionable whether the health insurance companies pay enough.

Reforms: Merz hopes for consensus through social partner dialogue

Employers and unions meet with representatives of the federal government. The Chancellor is calling on them to make joint proposals for the location.

Odds of a Fed hike this year jump on prediction markets

Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.

Is bunq legit for daily banking and investing?

I'm confused about this neo bank. One one hand, they're properly regulated by the ECB and more or less popular here in Europe. But even on surface, there are some negative reviews and reported issues. At the end of the day, is it legit or not? I want to use it for my daily banking, along with trying something lighter for investing in stocks and ETFs. If you have any banking xp with them, please share. I'll highly appreciate this. submitted by /u/grow_gred [link] [comments]

The gold chart looks precarious. Here's how to profit

Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.

How Chinese drink chains are testing the limits of soft power

Makeda George steps out of a Mixue store in downtown Brooklyn, New York, clutching a bubble tea as she weaves through a crowd of teenagers. The local resident says she had been eager to try the brand after noticing a surge of new outlets opening in recent months. “I decided to try the bubble tea. It was good,” she said, adding that she did not know it was a Chinese drink chain but figured it was Asian given the branding. “Everywhere you go, every nook, every cranny, you just see them popping...

S&P Rejects Fast Entry for SpaceX, Delaying $14B in Passive Inflows

Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P 500 some 6 months after the offering would unlock $13.4 billion worth of inflows. It turns out that that is not going to happen 6 months after the IPO. In fact, the earliest it may happen is 12 months after Friday's break for trading... and realistically well after that. That's because after the close today, S&P Dow Jones Indices said it would keep its existing

Are retail IPO allocations mostly the deals institutions don’t want?

I’ve been thinking about IPO offerings and how shares are allocated. Is it reasonable to assume that the most attractive IPOs are largely bought up by institutional investors before the general public gets much access? In other words, when retail investors are offered IPO shares, is that sometimes a warning sign that institutional demand wasn’t strong enough to absorb the offering? Or is that too simplistic, and are there other reasons retail investors might receive allocations even in a desirab

Here’s what wild single-stock price swings may signal for your index fund

Also in Weekend Reads: The latest on SpaceX and other IPOs, a raw deal for Alphabet’s non-Berkshire shareholders and advice from the Moneyist.

Space: Astronauts temporarily leave the ISS space station due to leaks

Nasa is concerned about cracks and leaks in a module on the International Space Station. This had consequences for the crew. Repairs are pending.

(Advice) Is trading 212 safe ?

Hello all, Im looking to invest 7000€ into several indexes for the next ~3y, id liek to buy shares (im not sure if thats how its called) from several Tech companies. like AVGO, NVDA, and so on. I dont want SP500 or other "big bundle" options. I googled and the 2 apps suggested to me were XTB or Trading 212. I live in Slovakia (EU). Looking for soemthign that very user friendly even for somewhat noobs in finance and investments. Ive used Kraken and Etoto before for crypto. Any advice would be muc

Handelsblatt Live: US stock market expert Koch: Labor market data is weighing on Wall Street

In the USA, more than twice as many new jobs were created in May as expected. As a result, the risk of a key interest rate increase before December has increased, reports Markus Koch. Selling pressure in the tech sector is putting an additional brake on the stock market.

Huge fascist-era underground cisterns draw Western special forces to Italy for tunnel training

After resisting 150 bombing runs by the Allies in the Second World War, the cisterns continued to be used by the Italian Air Force to hold aviation fuel.

Hong Kong man arrested for allegedly groping schoolgirl on bus

Hong Kong police have arrested a 65-year-old man in connection with a suspected indecent assault case in Mong Kok hours after footage appeared online showing a passenger harassing a schoolgirl sitting in front of him on a bus. Police said officers intercepted the suspect at the boundary checkpoint of the Hong Kong-Zhuhai-Macau Bridge. The victim, 17, is understood to be a Form Three student. The incident took place at around noon on Friday as the KMB bus was stopping near an intersection of Mong

India Launches 85% Ethanol Fuel to Cut Oil Import Dependence

India is launching on Friday a new fuel blend with an 85% ethanol component as part of the fuel flex mobility program of the world's third-largest crude importer to reduce dependence on imported oil. The E85 fuel was officially launched at a ceremony in New Delhi in the presence of India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri. On Thursday, Puri launched India's first flex-fuel passenger vehicle by Maruti Suzuki in New Delhi. Flex-fuel vehicles can operate on a range of ethan

NASA: Astronauts have to leave the ISS space station due to a leak

The Russian space agency is taking a precautionary measure because of cracks on a module of the International Space Station. The problems are not occurring for the first time.

UK’s Keir Starmer says Russia could attack Nato within 4 years

Russia could attack a Nato country within four years according to western intelligence assessments, UK Prime Minister Keir Starmer warned on Friday. He made the comments as he pledged his government would publish a long-delayed defence investment plan before next month’s Nato summit. “It is our intelligence assessment and the assessment of other countries in Nato that there could be an attack by Russia on Nato as soon as 2030,” Starmer said. “So you can see the urgency and the priority that...

Wall Street: interest rate hike before December? | Wall Street between job boom and AI hangover

AI euphoria is fizzling out, the Fed is coming under pressure - and SpaceX will soon test whether the market is still hungry for large tech IPOs.

Oil Markets Stop Believing Trump’s Peace Narrative

Fresh strikes on Kuwait and Oman undermine hopes of a U.S.-Iran de-escalation, keeping oil markets on edge and traders skeptical of diplomatic progress. Friday, June 05, 2026 This week’s strikes on Kuwait and the Friday morning attack on Oman have dented hopes for a de-escalation between US and Iran following the much-publicized Israel-Lebanon ceasefire. Whilst Oman’s main port is reportedly up and running again, capping ICE Brent around the $95 per barrel mark, most global crude benchmarks will

Lockheed Martin UK-led consortium unveils GBAD concept for NATO

While company representatives were tight-lipped about the exact technical details of their offering, they explained that a flexible, software-based system would allow individual member-nations to connect their sensors to another nation’s command nodes.

Accident at Lufthansa: A risky incident – ​​for Lufthansa’s image

The Lufthansa jet's landing gear accident is not only embarrassing, it raises doubts about what was once the company's greatest strength at a critical time. A comment.

Today: Pharmaceutical companies cut investments because of Warken's health care reform

Two pharmaceutical giants react to higher health insurance discounts: What does this mean for Germany as a location? Also: Putin's Ukraine signals from the St. Petersburg Economic Forum.

If the future brings trouble: Not a great moment: get into the Astro subscription trap via online horoscope

Horoscope websites sometimes entice you with free offers - but this is often followed by a large bill or even a debt collection letter. Now it's important not to be hasty, but to act carefully.

Economic situation: Putin admits economic problems in Russia

At the beginning of the year, the government in Moscow had to admit a decline in GDP and national debt is rising. Nevertheless, Putin is optimistic.

Canadian miner taps Brazil to carve China out of rare-earth supply chain

War in Ukraine: Merz, Starmer, Macron want to consult with Zelensky in London

More than four years after the start of Russia's war of aggression against Ukraine, the conflict is currently sometimes pushed into the background. What can Europeans achieve?