For a shopping spree in the USA: Riyadh transfers $ 40 billion to the state fund

The prices of many companies plummet in the Corona crisis. Saudi Arabia’s wealthy sovereign wealth fund is taking the opportunity to go shopping and acquire shares in US companies. So that he doesn’t run out of money, the leadership in Riyadh injects fresh capital. Saudi Arabia’s central bank has transferred $ 40 billion to the … Read more

Warren Buffett significantly reduced Goldman Sachs shares

Warren Buffett The investor only bought shares to a very limited extent. – (Photo: AP) – – – – Denver Warren Buffett has waited a long time for stock prices to drop and for him to buy cheaply. But the price turmoil in March, in which markets collapsed by over 20 percent, was not a … Read more

Warren Buffett warns of the dramatic consequences of the corona pandemic

Warren Buffett The 89-year-old star investor has already experienced several crises. – (Photo: AFP) – – – – new York It wasn’t planned that way. At Berkshire Hathaway’s general meeting, a good 40,000 shareholders from around the world usually flock to the company’s headquarters in Omaha, Nebraska. The event is therefore also called “Woodstock for … Read more

Dax closes almost four percent in the red

Dax curve View of the Dax curve in the Frankfurt trading hall. – (Photo: dpa) – – – – Dusseldorf The leading German index Dax ended trading on Wednesday with a minus of 3.9 percent at 10,279 points. After an increase of 14 percent in just five trading days on Wednesday, the German stock market … Read more

Study: Investors are extremely pessimistic

New York Stock Exchange Because of the corona virus, normal operation is currently not possible on the New York Stock Exchange. – (Photo: Reuters) – – – – Frankfurt According to a survey by Bank of America (Bofa) Securities, 93 percent of investors expect a recession this year. They fear that numerous companies still have … Read more

Dow Jones closes in the red – Netflix shares rise seven percent

new York The US standard values ​​suffered losses at the start of the new trading week. The upcoming balance sheet season casts its shadows ahead, experts said. Many investors expected weaker results from the corona virus outbreak and the resulting paralysis of business life. In addition, signs of the long-term effects of the pandemic clouded … Read more

US economy loses 701,000 jobs – stock markets slide into the red

Dusseldorf Despite poor US job market data, the US stock markets only opened slightly in the red on Friday – but then gave in more clearly. The US leading index Dow Jones lost 1.3 percent and stands at 21,134 points. The broader S&P 500 is down 1.7 percent in the evening at 2483 points, and … Read more