INGOLSTADT, Germany – Christian Scharpf, the mayor of this city of 140,000, Germany’s second richest, is looking for ways to save close to €100 million. Carmaker Audi, headquartered here near the Danube river, used to pump over €100 million a year in municipal tax into Ingolstadt’s coffers through its parent, Volkswagen, but those flows dried up over a year ago. Audi in November reported a 91% decline in operating profit for the three months through September and has been cutting thousands of jobs in Germany. Read more: https://www.wsj.com/economy/trade/germany-economic-model-broken-exports-095a488d?mod=djem10point submitted by /u/FXgram_ [link] [comments]
Day: January 27, 2025
Sam Altman’s investors this morning who invested in the company at a $157 billion valuation just 4 months ago
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“Besides the matter of trade, taxes have barely had a mention, while Trump has also reprised his first term act in calling for lower oil prices, along with lower interest rates, farcically claiming that he knows better on monetary policy than Fed Chair Powell” – Michael Brow, Pepperstone.
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I really hope I’m wrong… because if I’m right… (Financelot)
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Steve Mnuchin, Trump’s former Treasury Secretary, says it will be difficult for the United States to adjust to a 25% tariff on Canadian goods. Calls for a deal.
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Reuters – The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week on Wednesday and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said.
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DeepSeek sellout spreads. Siemens Energy crashes almost 20%.
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The social accounts of VISA were hacked earlier today and a pumpfun link was posted. VISA has deleted all posts and has yet to make an official response about the incident. Buyers of the token lost millions of dollars
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Fifteen years ago, someone tried to sell their 10,000 bitcoin for $50. There were no exchanges built yet, so they posted an auction. But the highest bidder only offered $25 and the auction was cancelled. Today, the bitcoin would be worth $1,000,000,000
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NVDA, falls more than -10%. That’s -$370 BILLION in market cap. It’s now on track for its biggest one-day market cap drop IN HISTORY.
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Premier Danielle Smith says she wants to avoid a fight with the United States and re-iterates her position on retaliatory tariffs. Neither country will benefit from tit-for-tat tariffs, she says.
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Tech Longs, you have a phone call:
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Reporter: You said you’d demand that interest rates would go down. Trump: I would put a strong statement. Reporter: Do you expect the Fed to listen to you? Trump: Ya.
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Honduran President Xiomara Castro: “In the case of unnecessary reprisals against our migrants, we would have to reconsider a change in our military cooperation policies with the USA – for decades they’ve maintained military bases on our soil without paying a cent.”
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The White House says Colombia has agreed to all of President Trump’s terms on the acceptance of illegal aliens deported back to their country.
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TKL: OpenAI founded 10 years ago, 4,500 employees, raised $6.6 billion in capital. DeepSeek founded less than 2 years ago, 200 employees, developed for < $10 million.
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Good morning Michael Saylor MSTR
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XAU/USD SHORT ? 🤔Gold is currently in a decline after bouncing from the critical 2785 resistance level.
🌉 Gold is currently in a decline after bouncing from the critical 2785 resistance level. The Alligator’s lips cross the jaw, while the Momentum crosses the 100-line down, giving a bearish sentiment for the asset. submitted by /u/YuR_UK [link] [comments]
$NVDA shares are trading down 5.43% overnight
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Can’t make this sh*t up: Colombia agrees to return of illegals after… Trump posts ‘Capone’ meme
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We need DeepUnderstanding of how did they do that
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Nasdaq 100 futures fall over -200 points as markets react to DeepSeek release. Here we go, it’s started.
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