As every Sunday, the most important news from the past week, as well as the most important dates for the coming week.

Also as a video:

https://youtube.com/shorts/Qnq0Hgw02ok?si=c1DdZaCBPcjb9KK5

Monday:

The Japanese economy contracted slightly less than feared in the first quarter. However, there is still a risk of recession. The annualized figure was only 0.2 % instead of 0.7 %.

https://www.wsj.com/economy/japans-economy-at-risk-of-technical-recession-revised-data-shows-dde9dd61

Wednesday:

The tariffs have hardly had any impact on US inflation so far, but the inflation rate has nevertheless risen to 2.4%. Both core inflation and actual inflation were 10 basis points below expectations, with housing costs being the strongest driver of inflation.

https://www.handelsblatt.com/finanzen/geldpolitik/inflation-us-teuerung-zieht-im-mai-leicht-an/100134062.html

Thursday:

Tragic accident in India with a $BA (+0,59 %) Boeing aircraft. Unfortunately, accidents involving Boeing aircraft occur at regular intervals. The cause of the crash remains unclear for the time being.

https://www.spiegel.de/panorama/indien-air-india-maschine-verunglueckt-laut-medienberichten-nahe-flughafen-von-ahmedabad-a-ee140462-a413-4911-b3d1-718864754f55

The Mainz-based biotech company $BNTX (+2,69 %) Biontech looks set to buy Tübingen-based competitor $CVAC (-0,63 %) Curevac. Curevac is valued at around 1 billion euros. The German government is thus making a loss of around 130 million euros on its investment in Curevac, proving once again why the state is not a good investor.

https://www.focus.de/finanzen/biontech-will-deutschen-konkurrenten-curevac-uebernehmen_af5d792a-c419-4fed-b23b-4f8573d1620b.html

Friday:

Isreal's attack on Iran had been looming since yesterday. Negotiations with the USA on ending the nuclear weapons program stalled. Trump had embassy staff in Iraq withdrawn yesterday.

https://m.bild.de/politik/israel-greift-iran-an-explosionen-im-raum-teheran-684b71ab8858611e27641106

These are the most important dates for the coming week:

Wednesday: 20:00 Interest rate decision (USA)

Thursday: 13:00 Interest rate decision (UK)

Friday: 01:30 BoJ meeting minutes (Japan)

#japan
#usa
#bip
#inflation
#erzeugerpreise

$BA (+0,59 %) is now just a money-burning machine...unbelievable again.

Tesla $TSLA (+0,99 %) is in the midst of exciting preparations for the launch of its robotaxi service. The vision of an autonomous cab whizzing through the streets is not far off. Despite the promising developments, however, there is some skepticism on the market. Many investors are wondering whether the market is ready for such services before Tesla can really take off. However, preparations are in full swing and all eyes are on June 12, 2023, which is being touted as a possible launch date. This day could be the turning point for Tesla, as it could have a decisive impact on the company's future market position. Tesla's aim with its Robotaxi service is not only to revolutionize urban transport, but also to increase its own profitability in an increasingly competitive environment.

In the USA, Boeing $BA (+0,59 %) can look back on an impressive month. In May 2023, the aircraft manufacturer reported a whopping 303 new aircraft orders, the highest number since December 2023, a clear sign that Boeing is making progress in stabilizing its controversial 737 Max jets. So far, Boeing has delivered a total of 220 aircraft to customers from January to May, which compares directly to competitor Airbus, which delivered 243 aircraft in the same period. These figures underline the fact that Boeing is on the right track to assert itself in the highly competitive aviation industry. The orders are not only a sign of confidence in Boeing, but also an indication that demand for new aircraft is slowly but surely returning.

Sources:

https://finance.yahoo.com/m/d0405d8a-aaf2-34f6-a042-db04cc1081b4/tesla-investors-are-focused.html

https://finance.yahoo.com/video/boeing-orders-tesla-named-av-160650407.html

Boeing settles with US government for 1.1 billion dollars

Following the tragic crashes of two 737 Max airplanes, Boeing has reached a settlement $BA (+0,59 %) has agreed a settlement with the US government. The company will put 1.1 billion dollars, or almost one billion euros, on the table. This is in exchange for the criminal charges against the company being dropped. This agreement follows the crashes in which a total of 346 people lost their lives. While the decision still needs the approval of a judge, relatives of some of the victims are disappointed with the settlement. They consider a trial against Boeing to be crucial for dealing with the incidents. In particular, the Trump administration has rejected an earlier agreement with the Biden administration that required Boeing to plead guilty and accept responsibility. The situation surrounding Boeing raises many questions, particularly about safety standards and the responsibility of large companies in times of crisis.

Tesla sales slump massively in Europe

In Europe, things are looking anything but rosy for Tesla $TSLA (+0,99 %) is looking anything but rosy. In April, the electric car manufacturer's sales figures fell drastically by over 52 percent compared to the same month last year, which corresponds to modest sales of just 5,475 vehicles in the EU. The first four months of 2025 did not bring any relief either, with a decline of 46.1 percent and only 41,677 electric cars sold in total. Competitors from Europe and China are taking advantage of this weakness to push Tesla into the rear-view mirror. In April, Tesla was overtaken by ten manufacturers, including Volkswagen and BMW. Volkswagen in particular doubled its deliveries of electric vehicles in the first quarter and is now clearly on course to overtake Tesla. The Chinese manufacturer BYD has also overtaken Tesla in the all-electric drive segment on the European market. German manufacturers are benefiting from their excellent reputation for quality and reliability, which could be crucial in times of economic uncertainty.

Sources:

https://www.n-tv.de/wirtschaft/Boeing-einigt-sich-nach-737-Abstuerzen-mit-US-Regierung-article25790202.html

https://www.n-tv.de/wirtschaft/Tesla-Verkaeufe-brechen-im-April-massiv-ein-article25795118.html

Tesla faces Q1 report with falling sales figures

Tesla $TSLA (+0,99 %) will publish its eagerly awaited Q1 report on Tuesday after the close of trading. Hanging in the air is the question of how CEO Elon Musk and the future of the cheaper electric vehicle are faring. The share has lost around 44% of its value since the start of the year, which is raising eyebrows. At a time when the S&P 500 is perilously close to the bear market threshold and the technology-oriented Nasdaq is already in the bear market zone, expectations for Tesla are particularly high. Trump's trade war tariffs are putting pressure on the automotive industry, and Tesla is not immune.

According to Bloomberg, sales are expected to reach 21.43 billion euros, which is slightly higher than the previous year's figure of 21.3 billion euros. Analysts are pinning their hopes on adjusted earnings per share of 0.44 euros, which corresponds to an adjusted net profit of 1.57 billion euros. However, there are major concerns about demand in the automotive business, as Tesla only delivered 336,681 vehicles in the first quarter - lower than the estimated 390,342 and the weakest quarterly performance since the second quarter of 2022.

Meanwhile, rivals such as BYD $BYDDY (-0,24 %) recorded large sales gains in the same period. Tesla's new registrations also fell in key European regions in March. Musk is facing increasing criticism due to his political activities. In a report, analyst Dan Ives emphasizes the urgent need for Musk to step back from politics and turn his full attention back to Tesla to strengthen the brand.

Boeing sells parts of its digital aviation solutions for 10.55 billion dollars

Boeing $BA (+0,59 %) announced a major decision on Tuesday: The company is selling parts of its digital aviation solutions business to private equity firm Thoma Bravo for $10.55 billion. This move is part of Boeing's strategy to focus on its core competencies while raising capital. The sale includes a range of digital products and services that Boeing has developed in recent years.

This transaction is seen as a critical step for Boeing to improve its financial stability and focus on its core business. The acquisition by Thoma Bravo could also open up new growth opportunities for digital aviation technology. Boeing is demonstrating that it is ready to reposition itself and remain competitive in a rapidly changing market.

Sources:

https://finance.yahoo.com/news/tesla-q1-earnings-loom-with-sliding-sales-musks-doge-role-in-focus-200103382.html

https://finance.yahoo.com/news/boeing-sell-parts-digital-aviation-130900261.html

Trump attack on Fed unsettles investors + China sends new Boeings back to the USA + Lawsuit against Tesla for alleged manipulation of odometers

Trump attack on Fed unsettles investors

• The US stock markets ended the first trading day after the Easter break with heavy losses. One negative factor was China's warnings to other countries not to enter into trade agreements with the US that could harm China's interests.
• According to media reports, US President Donald Trump also wants to fire Fed Chairman Jerome Powell.
• The Dow Jones index lost 2.5 percent to 38,170 points.
• The S&P 500 fell by 2.4 percent and the Nasdaq Composite by 2.6 percent.
• White House economic adviser Kevin Hassett said on Friday that the Trump administration was looking into whether it could fire Powell.
• The day before, Trump had sharply criticized the Fed chairman on social media.
• He repeated his accusations on Monday.
• The attack on the independence of the central bank weighed on US equities, bond prices and the dollar.
• https://www.finanznachrichten.de/nachrichten-2025-04/65166709-maerkte-usa-sehr-schwach-trump-attacke-gegen-fed-verunsichert-anleger-015.htm

China sends new Boeings $BA (+0,59 %)back to the USA

• China is one of Boeing's most important customers.
• But because of Donald Trump, the US aircraft manufacturer's planes are now on the index in the People's Republic.
• At least two new 737 Max aircraft are returning to the USA from final assembly near Shanghai.
• The US aircraft manufacturer Boeing is apparently the first prominent American victim of Donald Trump's new trade tariffs.
• As the news agency Reuters reports, a 737 Max destined for delivery flew back from China to the Boeing plant in Seattle on Easter Sunday.
• A few hours later, a second aircraft left the Chinese production center in Zhousan and also headed for the United States.
• The Boeing production facility near Shanghai is responsible for the final assembly of the aircraft shortly before they are delivered to Chinese airlines...
• https://www.n-tv.de/wirtschaft/China-schickt-neue-Boeings-in-die-USA-zurueck-article25716512.html

Lawsuit against Tesla $TSLA (+0,99 %)for alleged manipulation of odometers

• According to various media outlets, Tesla is facing a class action lawsuit for odometer tampering.
• One plaintiff reports that his Tesla Model Y has an odometer that runs 15 percent too fast.
• The plaintiffs are demanding compensation, while Tesla denies the allegations and is not responding.
• The US e-car manufacturer Tesla is facing legal action for allegedly manipulating the odometer.
• This has been reported unanimously by various media.
• Accordingly, a class action lawsuit has been filed against the company owned by tech billionaire Elon Musk, accusing Tesla of making its odometer run faster in the vehicles so that they fall out of warranty more quickly...
• https://www.businessinsider.de/wirtschaft/klage-gegen-tesla-wegen-mutmasslicher-manipulation-von-kilometerzaehlern/

Tuesday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Airbus EUR 3.00
• Beiersdorf EUR 1.00
• UniCredit EUR 1.48
• Vinci EUR 3.70
• Nestle 3.05 CHF
• Geberit 12.80 CHF
• Chocoladefabriken Lindt & Spruengli 1,500.00 CHF
• Dell 0.53 USD

• Quarterly figures / company dates USA / Asia
• 12:30 3M | GE Aerospace | General Electric | Danaher Quarterly figures
• 12:45 Northrop Grumman | Halliburton quarterly figures
• 13:00 Verizon quarterly figures
• 13:30 Lockheed Martin quarterly figures
• 18:00 Adobe AGM
• 22:05 Tesla quarterly figures
• No time specified: Steel Dynamics | Quest Diganostic quarterly figures

• Quarterly figures / Company dates Europe
• 22:05 SAP quarterly figures
• 23:00 SAP Analyst Conference

• Economic data

10:00 EU: ECB, Results of the Survey of Monetary Policy Analysts | Results of the ECB Business Survey | ECB, Results of the Survey of Professional Forecasters Q2

11:00 EU: Public finances (1st release) 2024 | Government debt 4Q and 2024 | Government deficit 4Q and 2024

14:30 US: Philadelphia Fed Non-Manufacturing Activity 4/25

15:00 US: IMF, World Economic Outlook

16:00 EU: Eurozone Consumer Confidence Index (flash estimate) April

16:00 US: Richmond Fed manufacturing index 4/25

16:15 US: IMF, Global Financial Stability Report

No time specified:

• US: Fed Minneapolis President Kashkari, speaks at U.S. Chamber of Commerce Global Summit
• US: World Bank President Banga, IMF Managing Director Georgieva and the President of De Nederlandsche Bank, Knot, speak at the Bretton Woods Committee Spring Summit

$NVDA (-1,17 %) and $AMD (+1,26 %) have lost around 7% following Trump's announcement to restrict the export of certain AI chips to China. The restriction is probably a response to the Chinese ban $BA (+0,59 %) to buy.

https://finance.yahoo.com/news/nvidia-expects-5-5-billion-213321348.html