Finance news

Asia-Pacific markets set to open subdued after Wall Street's AI-linked stocks slide

Asia-Pacific markets were set to open mixed on Friday as investors assessed a rotation out of chip stocks on Wall Street that lifted the Dow Jones Industrial Average to a record close.

◇ unclassifiedgermany · europe · usa

IPO: S&P curbs hopes of SpaceX being quickly included in the leading index

A quick inclusion of SpaceX in the leading index S&P 500 is ruled out by S&P Global. The prerequisites include a longer stock market history and profitability.

◇ unclassifiedchina · asia · usa

US citizen and journalist charged with acting as Chinese agent

A US citizen who lived and worked for state media in China for several years pleaded guilty on Thursday to acting as a foreign agent for Beijing after allegedly collecting US$100,000 in return for collecting intelligence in the US on “American targets” and American politicians. According to court documents, Thomas Weir Pauken II worked at the “direction and control” of Chinese officials linked to China’s Ministry of State Security from at least 2019 until February 2026, with someone using the...

◇ unclassifiedchina · asia · usa

Trump says he won’t nominate Pulte as permanent US spy chief after backlash

US President ⁠Donald Trump on Thursday indicated ⁠that he would not nominate mortgage regulator ⁠Bill Pulte to be the nation’s intelligence chief once his temporary appointment expires early next year. His comments follow a backlash against Pulte’s appointment as acting director of national intelligence from Democrats and some key senators of his Republican Party over the ‌Trump loyalist’s lack of national security experience. Speaking to reporters in the Oval Office, Trump indicated he would...

◇ unclassifiedgermany · europe · uk

Whale carcass on Danish island: Autopsy of humpback whale completed: What happens next?

Weeks ago, the dead humpback whale known as “Timmy” washed up off the Danish island of Anholt, and now researchers have completed an autopsy. What happens to the whale's remains?

16d06/04⚠ sanctions · 2/5

Tensions between states: USA imposes sanctions against Cuba's president

Tensions between the USA and Cuba continue to escalate. Now Cuba's president is on a US sanctions list.

◇ unclassifiedgermany · europe · usa

Health care costs: Ongoing criticism of “cutting reform” for care

There is now a restructuring concept for long-term care insurance that provides for a number of additional burdens. The wave of protests shows no sign of stopping.

16d06/04⚠ shipping-routes · 2/5

Brazil, Guyana, Venezuela Fuel South America’s Oil Export Boom

South America has raised its oil exports more than the U.S. has done so far this year as key producers in the region boosted production and shipments to a world scrambling for crude that’s not dependent on the Strait of Hormuz. Over the past five years, South America’s biggest producer and exporter, Brazil, has started production at several new offshore platforms in the Santos pre-salt fields. Guyana has continuously increased overseas shipments as the Exxon-led consortium starts up developments

◇ unclassifiedmiddle-east · russia · usa

16d06/04⚠ war-conflict · 1/5

What is your take on Tom Lee's prediction that the market will suffer a 20% decline this year, and that the SpaceX IPO might be the trigger?

I've heard some analysts including Tom Lee suggest that a 20%+ decline would come to this year, and that it would likely happen around the SpaceX IPO. What are your opinions on these predictions? How do you think the SpaceX IPO is likely to affect the broader market, and what is your strategy going forward? submitted by /u/Robinight [link] [comments]

Social◇ unclassifiedsocial-signal

16d06/04⚠ war-conflict · 2/5

This investing strategy digs deeper to find hidden stocks riding the AI wave

There are plenty of ways to jump into the generative-AI hardware infrastructure expansion beyond the familiar chip makers and hyperscalers.

◇ unclassifiedusa · korea

South Korea is the ultimate backdoor tech play — but stock investors now face a looming threat

Samsung and SK Hynix are key to soaring South Korean stock market, but a rate hike could trigger a 15% market correction.

16d06/04⚠ war-conflict · 1/5

How do you see Germany's economic future? Is there still hope?

Lately I've been wondering more and more often what you think of Germany's economic future. I know a few people in my environment who have studied very well, some with a master's degree, and yet have not found a suitable job for almost two years. At the same time, I know many people who have jobs but would actually like to change. But they stay in their current job because they are afraid of not finding anything new or of being fired during their probationary period. You can hear it

Social◇ unclassifiedgermany · europe · uk

CrowdStrike CEO says AI security fears will become a bigger tailwind in coming quarters

CrowdStrike CEO George Kurtz said it was too early for concerns surrounding Anthropic's Mythos to meaningfully impact first-quarter results.

Lululemon’s fight with its founder has been bad enough to hurt sales for the entire year

Problems continue to add up for Lululemon, as the yoga-wear maker on Thursday trimmed its full-year forecast to account for a potential dip in sales this year.

Bitcoin’s sagging price has crypto bears taking a victory lap. Why it’s too soon to count it out.

While U.S. stocks have kept notching record highs, bitcoin is sliding to its weakest level in months.

Summer vacation: Eurowings boss: Kerosene supply is stable

Holidaymakers don't have to worry about their holiday flight being canceled in the summer because of an empty tank, says the Eurowings boss. However, costs are rising, which means that a lot of things are being put to the test at the Lufthansa subsidiary airline.

16d06/04⚠ war-conflict · 3/5

Trump unveils plan to add ‘Trump promenade’ to Lincoln Memorial

President Donald Trump on Thursday announced plans to add a potential “Trump promenade” to the iconic Lincoln Memorial, in his latest grandiose bid to leave his mark on the US capital. Trump said the walkway would link the huge marble monument, built to commemorate Civil War-era president Abraham Lincoln, to the nearby Potomac River. “They want to call it the Trump Promenade,” Trump told reporters in the Oval Office as he unveiled the project for the first time. “I don’t know if I want to do...

◇ unclassifiedchina · asia

16d06/04⚠ war-conflict · 2/5

Russo-Ukrainian War: Putin is confident of victory - Zelensky offers a meeting

Putin remains confident of victory at the economic forum in St. Petersburg and renews his calls for peace in Ukraine. Zelenskyj comes with his own suggestions in an open letter.

◇ unclassifiedgermany · europe · russia

Jim Cramer says Thursday's rally shows investors' 'huge appetite' for stocks

CNBC's Jim Cramer said Thursday's rally showed investors remain resilient and eager to buy stocks.

The May jobs report will be released Friday. Here's what to expect

The stronger-than-expected start this year for job creation could be in for a reality check.

Used car check: With charm and weaknesses: Fiat 500 (since 2007)

Convertible, all-wheel drive or sports car: The Fiat 500 offers variety - but there are often unpleasant surprises during the general inspection. Which models are considered breakdown kings.

Ticket price - and what else?: Festival canceled: What costs will visitors be reimbursed?

Suddenly a year of anticipation vanishes into thin air: the cancellation of their beloved festival usually catches fans and visitors off guard. What financial outlay they will at least get reimbursed.

6 typical scenarios: Festival trouble? What rights guests can assert

Your favorite band is cancelling, the weather is crazy or you are unable to attend? Festival guests do not have a money-back guarantee in every case. But in some cases it is.

Accident while merging: Does a truck driver always have to look in the front mirror?

Who is liable if there is a crash while merging onto the road after a fuel stop? The Cologne Higher Regional Court provides clarity in the dispute between a truck driver and a car driver.