As we do every Sunday, here are the top news stories from the past week.
Monday:
Politically explosive developments on the supervisory board of $VOW (+0,13 %) VW. Shareholder Qatar is blocking the sale of VW plants to an Israeli defense contractor, which could use them to manufacture parts for the Iron Dome. The German federal government itself uses the Iron Dome as part of its defense strategy.
Tuesday:
Weak figures from $IBM (-0,85 %) IBM are dragging the entire software sector down. Revenue fell significantly short of expectations. In particular, anticipated software investments appear to have failed to materialize.
Wednesday:
$BAS (+0,74 %) BASF raises its forecast, but the stock still falls. This is primarily due to the outlook for the second half of the year, in which BASF continues to see risks. In Q2, revenue rose by 16%. The earnings forecast was raised to a range of 6.9–7.7 billion euros.
https://www.deraktionaer.de/artikel/aktien/basf-hebt-prognose-an-aktie-sinkt-dennoch-20404774.html
Friday:
The inflation rate in the eurozone fell to 2.8% in June. Nevertheless, inflation remains well above 2.0%. The ECB is therefore caught in a dilemma between inflation and growth concerns. The next interest rate decision is due in just six weeks.
Trump wants to sell faster access to his posts on Truth Social. The reason is that his posts often move the markets. To put it bluntly, one could say Trump now wants to bring insider trading to market maturity.
