Tuesday:
$BMW (+1,6 %) BMW lowers its forecast. Developments in the Middle East and China, in particular, are weighing on the company’s annual targets. In China, the auto market reportedly slumped by 20% overall in May. This is fueling further discount wars there, from which German automakers tend to stay out.
https://www.sueddeutsche.de/wirtschaft/bmw-muenchen-krise-gewinnwarnung-sparprogramm-li.3500059
Thursday:
In the Fed’s first interest rate decision under Kevin Warsh, the interest rate remains unchanged. For the first time in a long while, this decision was also unanimous. Warsh emphasizes, above all, the Fed’s role in keeping inflation in check.
https://www.tagesschau.de/wirtschaft/fed-leitzins-154.html
Friday:
The German defense contractor $RHM (-1,78 %) Rheinmetall is looking to enter the weapons production market in Japan and is exploring a potential investment. The plan is to potentially produce weapons for the Japanese domestic market as well as for export.
The German software company $TMV (-3,21 %) TeamViewer has once again received an award from Gartner for its AI platform, TeamViewer One. The platform combines remote access with AR. It also features an integrated AI agent named “Tia” that independently resolves IT issues. However, what will be particularly interesting is a look at the Q2 figures and whether this technological leadership can also be translated into growth.
https://www.finanztrends.de/news/teamviewer-aktie-0-3-prozent-guidance-bremst-kurs/
