Most important news of the past week

As every week, the most important news from the past week.

Tuesday:

The takeover of $CBK (+1.68%) Commerzbank against its will by $UNCRY (+1.66%) Unicredit seems to be only a matter of time. Unicredit announces today that it has increased its stake to 34%.

https://www.handelsblatt.com/finanzen/banken-versicherungen/banken/commerzbank-unicredit-erhoeht-anteil-auf-mehr-als-34-prozent/100229720.html

Friday:

The US labor market created significantly more jobs than expected. A total of 172,000 jobs were created outside the agricultural sector in May. Economists had forecast only 85,000 jobs. The figures for March and April were also revised upwards by a total of 100,000 jobs.

http://manager-magazin.de/unternehmen/usa-arbeitsmarkt-schafft-doppelt-so-viele-jobs-wie-erwartet-a-60edbf22-66b5-4b30-82c5-9eefe639de2f

The Space X IPO is twice oversubscribed despite a trillion-euro valuation. We understand the hype, but from an empirical point of view at least, the IPO is not a good time to get in. However, it is also possible that the hype will never die down.

https://www.handelsblatt.com/finanzen/maerkte/aktien/ipo-spacex-boersengang-offenbar-bereits-zweifach-ueberzeichnet/100230743.html