Finance news

This space stock is rising as Blue Origin predicts quick recovery from big explosion

Blue Origin says it should be able to launch its New Glenn rocket before the end of 2026, which could help AST SpaceMobile.

North America Adds 28 Rigs Week on Week

North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Boris Vujčić: A European perspective on currency and convergence

TECH conference: Artificial intelligence is reorganizing the world of work

AI is scaling more and more from experiment to practice. What companies need to do now so that productivity increases - but human work remains meaningful.

HPE surges 25% after blowout earnings, pacing for its best day ever

Shares of Hewlett Packard Enterprise surged 27% Tuesday morning, pacing its biggest daily gain ever as the company posted its biggest earnings beat since 2018.

Keynote by the Nvidia boss: Everything will be AI

At the Computex trade fair in Taiwan, the industry is celebrating the triumph of AI and touting more and more new possible applications. However, she ignores two important factors.

IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak

The International Energy Agency (IEA) has warned that global oil markets could enter a "red zone" in July and August as rapidly depleting crude inventories coincide with the onset of peak summer fuel demand. The Northern Hemisphere is also entering its highest seasonal period for fuel consumption, with the situation compounded by severe global heatwaves that are straining power grids. According to the energy watchdog, global oil inventories fell by over 250 million barrels between March and May,

The top 10 highest-paying jobs for teens in the U.S.—No. 1 isn't retail or food service

Babysitting may not be your ultimate career path, but having a job as a teenager can build transferable skills for young workers, according to experts.

Hong Kong to keep ‘open mind’ on options for struggling postal service

Hong Kong authorities have vowed to develop a long-term road map for the city’s struggling self-financing postal operator and keep an “open-mind” on all options, including privatisation or turning it into a traditional department. Acting Secretary for Commerce and Economic Development Bernard Chan Pak-li revealed the move at the Legislative Council’s economic development panel meeting on Tuesday, saying the proposed HK$4.6 billion (US$587 million) cash injection to Hongkong Post was intended to.

BörsenTag: The end of free cash flow?

Anthropic has filed documents for the next mega IPO, Alphabet is issuing new shares for investments: the battle for capital is just beginning.

Wall Street: US indices start unchanged, but close to records - Victoria's Secret securities are up almost 50 percent

US President Trump apparently doesn't care whether the Iran negotiations are over - and so do investors on Wall Street. The major US indices are building on their recent gains.

Wall Street: AI party continues: HP Enterprise exceeds all expectations

HPE's quarterly figures drove the stock up over 30 percent. And: Alphabet wants to increase capital by $80 billion.

USA: Trump nominates Bill Pulte as intelligence coordinator

Pulte is to be the successor to Tulsi Gabbard, who is still in office. She had previously announced her resignation. He should retain his current position as head of the housing finance authority.

Rail competitor Italo: Deutsche Bahn warns against unbridled competition

Deutsche Bahn is in a deep crisis and now has to fear competition from abroad.

Bitcoin Investors Are 'Rage Quitting' as Long-Time Crypto Bulls Begin Offloading BTC Holdings

https://www.ibtimes.co.uk/bitcoin-volatility-mark-cuban-sells-majority-stake-1800288 Fundstrat's Tom Lee, who is also the board chair of Bitmine Immersion Technologies, said that the crypto crash has triggered 'rage quitting' among investors, further worsened by Mark Cuban selling the majority of his crypto stake. submitted by /u/Useful_Tangerine4340 [link] [comments]

Are Puts at IPO a solid strategy?

I’m a self-taught investor with several years of conservative options trading (largely profitable). Seeking guidance - are there rules against buying put options right after an IPO? Many (if not most?) IPOs seem to take a substantial dive shortly after going public. Can anyone speak to this? submitted by /u/brokemc [link] [comments]

Orban's successor in Berlin: Merz wants to help Hungary “back to the center of Europe”.

The change of power in Hungary is a glimmer of hope in difficult times for many in Europe. Also for Chancellor Merz. He welcomed the new Hungarian head of government to the Chancellery with open arms.

Politics: Pentagon further restricts access for journalists

The Pentagon continues to restrict access for journalists. Critics see this as a further attack on press freedom in the USA.

Like Dell, now HPE surges on a massive guidance hike. Yes, business is that good

Betting against this trade, at least for now, may well be your ticket to the graveyard.

US proposes 25% tariff to punish Brazil over trade practices

The Trump administration has proposed a new punitive tariff of 25 per cent on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer said late on Monday. The measures, under the Section 301 trade statute, cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access as well, the Office of the United States Trade...

Software provider: Salesforce buys Berlin-based billion-dollar company Contentful

The Berlin software company Contentful is moving to the USA. Critics complain about the loss of an independent tech company for Europe.

Spousal splitting: Economists want to redirect marriage tax benefits to families

Leading economists propose a reform of spousal splitting. Families with children should be given greater relief and incentives for more gainful employment should be created.

Bangladesh faces further measles risk due to lack of vaccinations, travel

The measles outbreak in Bangladesh is one of its deadliest health crises in decades, as experts warned that the lack of measures to increase vaccinations and enhance immunisation across the country could lead to a further spike in cases. There were over 60,000 suspected cases of measles, and nearly 600 people have died from the disease since mid-March, according to media reports. The outbreak has been particularly severe among malnourished children and communities with limited access to health..

100 years of WiWo: This is what you're looking at in WirtschaftsWoche's anniversary year

Live podcast and reader celebration, editorial visits for a hundred subscribers, a big competition – and trips to well-known companies. Be there!

Job openings leap to a 2-year high — but there’s a big catch

The number of U.S. job openings jumped to a two-year high of 7.6 million in April, a surprising increase that suggest businesses might be ready to hire more people after big slowdown in job creation last year.

BP Starts Production at Caspian Gas Project

'This marks the first-ever commercial gas production operations on ACG, one of the world's largest oil-producing fields'.

+++ USA +++: Trump names interim successor for intelligence coordinator

Soldiers from USA and Great Britain killed during exercise in Iraq +++ US court allows transgender people to be excluded from joining the military +++ The news blog.

Power struggle for Commerzbank: Unicredit increases Commerzbank share to over a third

Unimpressed by the resistance in Germany, Unicredit is expanding its stake in Commerzbank. Now the next important threshold has been crossed.

Neighborhood dispute: Hungary faces agreement with Ukraine on minority issue

The new head of government in Budapest is confident: an agreement on the rights of ethnic Hungarians in Ukraine seems within reach. This affects their EU ambitions.

Energy: These investors are considering a takeover of the gas trader Uniper

The federal government is selling 75 percent of its state-owned company. Conversations with insiders show that what is at stake is the security of the gas supply - and the reputation of the investment location.