Good news for Musk’s companies amid his return to work

In his first week away of the so-called government of the US government Government Department of EffectivenessElon Musk notes a positive activity in his businesses. Its startup Brain Tech Neuralink announced a round of funding of $ 650 million, while its manufacturer of Tesla electric vehicles in May experienced a 213% annual sliding in Norway.

Of course, the causal link between these events and the departure of Musk de Doge is tenuous. The financing process and the duration of sales occurred while Musk always had full hands with The White House, and could therefore have occurred with little – or no – of its leadership or its contribution.

But the two serve as reminders why so many donors are donors: its companies are fundamentally successful. But, as Tesla’s promised characteristic of autonomous driving, Musk companies are not completely autonomous and need a stable – and ideally “Super concentrated” – Hand to guide them.

Early June
American actions displayed modest gains on MondayThe first day of negotiation of June. THE S&P 500 0.41% advanced, the Industrial average Dow Jones increased by 0.08% and the Nasdaq Composite increased by 0.67%. The pan -European Stoxx 600 Index dropped by 0.14%. Wegovy Maker actions Novo Nordisk has climbed 1.9% in the midst of an American ban on copy weight loss drugs.

Steel prices will increase American prices
THE 50% price on steel imports that US President Donald Trump announced on Friday Push metal prices in AmericaAccording to analysts. “The prices already in steel in the United States are higher than everywhere else, and it is a net importer which must have volumes to come. All that does is increase the prices there,” said Josh Spores on Monday, head of steel of the raw Americas, CNBC.

Neuralink raised $ 650 million
The neural Elon Musk closed a Financing round of $ 650 millionannounced the startup Brain Tech on Monday. Ark Invest, Founders Fund, Sequoia Capital, Thrive Capital, Lightspeed Venture Partners and other companies participated in the round, according to a press release. Neuralink builds a brain interface, a system that translates control brain signals for external technologies.

Tesla Sales in Norway Jump
TeslaSale of new cars in Norway Added from 213% to 2,600 in May From a year earlier, according to official data. The increase was mainly motivated by sales of the compact sports utility vehicle on the company’s renovated model. The fact that groups down decrease across Europe – Industry groups said on Monday sales of meshes in May below for new Tesla vehicles in Spain, Portugal, Denmark and Sweden.

[PRO] ‘Everywhere in the United States’
Vection of commercial policies,, Foreign capital taxes offered And concerns about US budgetary expenses gave birth to a new job: “everywhere in the United States”. It is a “recalibration to global balance, cyclic recovery and multipolar growth,” said Alan Siow, investment manager. Here are some of the Opportunities beyond the United States that investors and portfolio managers envisage.

In China, the hamburger “The Great American” is now made with Australian beef

American agricultural products have disappeared from Chinese stores and restaurants and losing land due to other imports.

In his restaurant BeijingGeng Xiaoyun offered a special dish of salt cooked chicken – or “phoenix greenhouses” as they are called in China – imported from America.

“American chicken feet are so beautiful,” said Xiaoyun. “They are spongy so they taste good. [chicken] The feet are just not so good. “”

The prices climbing 30% from March due to prices, the owner of the Kunyuan restaurant had to draw the Chinese delicacy from the menu.