Finance news

First Trump, then Putin go to China. Does great-power diplomacy now hinge on Beijing?

Despite recent back-to-back visits to Beijing by US President Donald Trump and Russian President Vladimir Putin, no new trilateral framework or major diplomatic breakthrough has emerged. Yet, according to observers, the summits highlight Beijing’s growing ability to manage its two most important relationships on separate tracks: sustaining a deep strategic partnership with Moscow, while pursuing a more transactional, stability-focused engagement with Washington. Several analysts said the pattern

Energy Costs Are Catching Up With Big Tech

Artificial intelligence is all the rage these days, and so is its energy consumption. From a game-changing technology that would usher in a new era, AI has recently turned into a problem for many—a problem that makes electricity more expensive while, apparently, not really living up to the promise of its developers. Big Tech is still pledging tens of billions in AI spend. Now, it may have to spend a bigger portion of those billions on securing its own energy, and on proving its worth the money t

You’re going to pay tax on RMDs — there’s no way around it. Or is there?

Here’s your new playbook to protect your retirement cash.

IPO: Musk's SpaceX makes record IPO plans official

The space company SpaceX wants to raise $75 billion in its IPO and is planning a share price of $135. While top bankers are drumming up support for Musk, analysts are calling for prudence.

US and ‘Five Eyes’ allies warn of LinkedIn China spying threat

The US and its “Five Eyes” intelligence partners issued what they said was an unprecedented joint notice warning about attempts by Chinese spies to use websites such as LinkedIn to recruit assets. “China’s military intelligence services are using an increasingly wide array of professional networking sites and online job platforms to target Five Eyes government and military personnel – and anyone with access to classified or privileged information,” according to a joint statement by the FBI,...

Space company: Musk's SpaceX makes record IPO plans official

Tech billionaire Elon Musk's space company SpaceX doesn't make a lot of sales and is deep in the red. Nevertheless, she wants to carry out the largest IPO to date.

CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%

CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.

3dSecure cannot be activated

Maybe someone here can help me, I'm a bit desperate at the moment. I would like to pay for something online using my Mastercard. For some reason it now requires confirmation via 3d-Secure for this purchase. As requested, I downloaded the Sparkasse's S-ID app. In order to get the card in there, I first have to activate the card online. I did that and received confirmation of the activation. In the meantime I have even used “Card C” again

SpaceX officially set to crush global records in targeting massive IPO haul of up to $86 billion

Elon Musk will hold more than 80% of the voting power of SpaceX shares, cementing his control over the company.

5 lessons for Asia as it studies wars from the privilege of peace

Since the Ukraine war began in 2022, Asia has been watching conflict as if enrolled in a study course. We have heard every argument: Nato enlargement, Russian insecurity, Ukrainian sovereignty, European fear, American power, energy politics, sanctions, nationalism and resistance. We have watched Gaza burn. We have watched the United States capture Venezuela’s president and defend the act as lawful. We have watched Iran absorb attacks and retaliate. For Asians, these are no longer distant events.

is India actually worth the hype right now?

Been looking at India more lately and I genuinely can't tell if people are underestimating it or getting carried away. On one hand, you've got the obvious stuff: economy growing faster than most places, huge young population, manufacturing push, supply chains moving around, more global money paying attention. Easy to see the long term story. But then I look at valuations and some of this stuff feels… expensive already. Add currency risk, and the fact that every EM pitch deck now also has Vietnam

Federal Employment Agency: Economic crisis causes new billion dollar hole

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

+++ USA +++: Trump wants to travel to France for the G7 summit

Trump brings Vance-Rubio ticket into play for the 2028 election +++ Rubio: Trump will take part in the next NATO summit +++ Trump makes supporters temporary intelligence coordinator +++ The news blog.

CRWD beats and raises. Also announces 4 for 1 split.

https://www.businesswire.com/news/home/20260603234051/en/CrowdStrike-Reports-First-Quarter-Fiscal-Year-2027-Financial-Results Yet the stock is down over 10% in the after-hours. Why is that? Are you guys long this? I have a small position as part of my “AI stack” (along with GOOG, AMZN, HPE, ANET, GLW, and VST). I know it’s a volatile market and today was down across a lot of equities as oil prices rose. Curious what your sentiment is on this company and stock for the long term? submitted by /u/b

Failed Simba-M1 deal sends Singapore telecom consolidation to square one

Analysis: Why China's defense minister skipped the Shangri-La Dialogue

JCB to launch app for Taiwan credit card members visiting Japan

Japan's Mitsui OSK Lines to invest $300m in US offshore LNG facility

US-China detente: Taiwan is the pivot

Can Nippon Steel beat its own forecast on U.S. Steel comeback?

Mitsubishi Motors, Nissan to launch EV-to-grid power trading services

Toyota to showcase hydrogen-combustion-engine hypercar on Le Mans track

‘Squeezing more life out of every dollar’: How inflation is forcing a new reality on American families and amplifying the economy’s ‘K shape’

Higher prices are crimping spending among lower- and middle-income consumers, the Fed’s beige book reports.

Trump says may leave UFC arena on White House lawn permanently

US ⁠President Donald Trump suggested he might keep the Ultimate Fighting Championship cage-fighting arena being built on the lawn of the White House as a permanent fixture. The Republican compared ‌the structure, which is being built for a night of cage fighting to mark the 250th anniversary of US independence – on Trump’s 80th birthday – to France’s Eiffel Tower which was supposed to have been dismantled 20 years after it was built in ⁠1889. “We’re building something in front of the White House

Venezuela Wants Oil Firms to Supply Their Own Power

Energy companies heading to Venezuela are being told to bring their own power plants to run their oil and natural gas operations.

Nuclear Startups Are in "Advanced Negotiations" to Buy Cold War Plutonium

As nuclear energy regains favor around the globe, competition for nuclear fuel is heating up. In an era of multiple and compounding energy crises driven by conflict, climate, and the power-hungry artificial intelligence boom, nuclear has resurfaced as a highly strategic option for building up energy security and independence for many nations around the world. But nuclear fuels supply chains are highly concentrated, and many of them are controlled by Russia, presenting critical geopolitical trade

Stocks take a breather on Wednesday as torrid rally cools — putting potentially historic S&P 500 winning streak in jeopardy

The powerful stock-market rally took a breather on Wednesday after a solid stretch of gains. As of the closing bell, the S&P 500 had wiped out its advance from earlier in the week, placing a lengthy weekly winning streak in jeopardy.

AI bubble threatens pension funds – SpaceX IPO as a test case

What do you think about it? As far as I know, the funds have a certain “retention period” before a new IPO is launched, right? How do the index founders like MSCI do this? Nothing is said about it in the article... free link submitted by /u/baIIern [link] [comments]

Wall Street hated these 15 stocks. Then their earnings proved the analysts wrong.

Earnings beats mean a lot more when it happens to stocks the market gave up on.

Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.

With demand booming for printed circuit boards, the U.S. government is trying to boost domestic production to move away from reliance on China.