Monday:
Because of the new competitor $SPCX (+1.29%) SpaceX, $DTE (-0.12%) Deutsche Telekom is apparently planning a merger with Telekom US. The new holding company could be headquartered in Ireland or Switzerland, similar to what we’ve already seen with Linde. A move that seems somewhat absurd, considering that we’re talking about Deutsche Telekom. In any case, the plans aren’t going over well on the stock market—or rather, the assessment that competition from SpaceX will be so fierce.
Tuesday:
Partly due to the fuel rebate, which is set to expire on Wednesday, inflation in Germany stood at just 2.3%. This puts it only slightly above the ECB’s 2.0% inflation target.
Nike exceeded expectations for quarterly revenue and posted higher quarterly earnings. This was due, in part, to $NKE (+0.08%) Nike is receiving refunds for overpaid customs duties.
Wednesday:
It was revealed that Donald Trump earned more than $1 billion from crypto projects alone during his first year in office. These included meme coins that have lost significant value. Trump’s earnings have also multiplied compared to 2024.
https://www.bbc.com/news/articles/cvgmv98ez3zo
Thursday:
$BAYN (+0.3%) Bayer is taking the next step to finally distance itself from the glyphosate lawsuits. Glyphosate is being spun off into the new business unit Ruveon.
