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June 20, 2025

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Allianz share price has pulled back from its highest point this year, aligning with most German companies. After plunging to a low of €274.8 in April following Donald Trump’s “Liberation Day” tariffs, the stock jumped by 34%, reaching a high of €368. It has now retreated to €335 as investors watch the crisis in the Middle East. 

Alianz business is growing and facing challenges

Allianz Holdings is the third publicly-listed insurance company globally after UnitedHealth Holdings and Progressive, with a market capitalization of about $150 billion.

The company operates across continents, providing diverse insurance solutions across its segments like Allianz Life, Allianz Partners, and others It is also a large asset manager through its PIMCO business, which has over $1.5 trillion in assets.

Allianz’s business is doing well as insurance costs jump in most countries. However, the company is also facing challenges as the cost to service claims soar. Also, it is seeing higher climate-related risks in key countries. 

The most recent results showed that Allianz’s total business volume rose by 11% in the first quarter to €54 billion. This growth was mostly because of its Life and Health segment, whose business grew by 18% to €25 billion. It was followed by property and casualty, which grew by 7% to €27 billion, and asset management, which grew by 3% to €2 billion. 

Read more: Up 180% in 2025, can the Rheinmetall share price climb further?

Allianz’s profitability also continued, with the net income rising by 1.5% to €2.5 billion. The growth was impacted by its restructuring provisions as it sells its Indian joint venture. 

The property and casualty recorded an operating profit of €2.17 billion, a 5% increase, and the best quarter ever. Life and Health’s operating profit rose by 8% to €1.42 billion.

Its asset management, which includes PIMCO and AllianzGI had a higher operating profit of €811 million, a 5% increase even as its assets under management assets dipped slightly to €1.9 billion. 

Allianz’s management believes that the company has more room to grow despite the rising challenges. It expects that its full-year operating profit will be about €16 billion, and going by its past performance, there is a likelihood that it will do better than estimates. 

Allianz is also buying back substantial shares, a move intended to boost its earnings per share. It is buying shares worth €2 billion this year. The company also has a high dividend yield of about 4.50%.

Allianz share price analysis

Allianz stock chart | Source: TradingView

Technical analysis can help one identify potential targets of a company’s stock. In this case, the daily chart shows that the Allianz stock price peaked at €368 in May and then pulled back to the current €337, its lowest level since April 22. 

The stock has moved below the 50-day Exponential Moving Average (EMA), while the Relative Strength Index (RSI) and the MACD have all pointed downwards. 

On the positive side, Allianz stock price remains above the 200-day Exponential Moving Average. Therefore, the stock’s outlook is neutral for now. A break below the 200 average at €311 will confirm the bearish outlook. On the other hand, a move above the key resistance level at €368 will point to more upside, potentially to €400.

Read more: Here’s why SAP share price may crash to €208 soon

The post Allianz share price analysis: is it a buy, sell, or hold? appeared first on Invezz

Critical Metals (NASDAQ:CRML) got a boost on Monday (June 16), landing a letter of interest (LOI) for a non-dilutive US$120 million funding package from the Export-Import Bank of the US (EXIM).

The funds would be used to advance its Tanbreez rare earths project in Southern Greenland.

Touted as one of the world’s largest rare earths deposits, Tanbreez is expected to produce up to 85,000 metric tons of rare earth material annually, with more than 27 percent classified as heavy rare earth elements.

“This is a tremendous milestone for Critical Metals Corp which highlights to the rare earths supply chain, Western Governments and investors that Tanbreez is a world-class asset that will provide mission-critical rare earth metals to counter China’s continued dominance,” said Critical Metals CEO and Chairman Tony Sage.

The funding would support pre-production, technical studies and early mining activities. EXIM’s financing falls under its new Supply Chain Resiliency Initiative and comes with a 15 year repayment term.

Critical Metals acquired a controlling stake in Tanbreez in June 2024 in a transaction valued at up to US$211 million. It expects the asset to require US$290 million in capital expenditure to advance to initial commercial production.

The US$120 million from EXIM would support key early stage work at Tanbreez, including technical and economic studies, pre-production activities and the start of mining operations.

The company is aiming to complete a definitive feasibility study by late 2025.

Critical Metals also plans to invest an additional US$10 million in exploration this year, giving it the option to increase its ownership in the project to 92.5 percent through the acquisition of a further 50.5 percent stake.

“We are now razor focused to put Tanbreez into production as soon as possible,’ said Sage.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally.

Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in legitimate crypto ventures, only to be scammed by criminal networks often operating overseas.

“This seizure of $225.3 million in funds linked to cryptocurrency investment scams marks the largest cryptocurrency seizure in U.S. Secret Service history,” said Shawn Bradstreet, special agent in charge of the U.S. Secret Service’s San Francisco Field Office, in a statement.

Authorities said the network was connected to at least 400 suspected victims worldwide, including dozens in the U.S. Crypto fraud was responsible for more than $5.8 billion in reported losses last year, according to FBI data.

The seized funds are now subject to forfeiture proceedings aimed at eventually returning money to victims.

The U.S. Secret Service and FBI used blockchain analysis and other tools to trace the cryptocurrency back to stolen assets. The DOJ credited Tether, the world’s largest stablecoin issuer, for assisting in the operation.

According to the complaint, the funds were linked to the theft and laundering of money from victims of cryptocurrency investment fraud schemes, commonly known as confidence scams that often involve romance.

The network relied on hundreds of thousands of transactions to obscure the origin of the funds, using sophisticated blockchain maneuvers to conceal the flow of stolen assets.

This post appeared first on NBC NEWS

Army Gen. Michael ‘Erik’ Kurilla is no stranger to conflict, especially in the Middle East. 

Two decades ago as a lieutenant colonel, he was at the front lines of combat fighting off insurgents in Mosul, Iraq, while leading the 1st Battalion, 24th Infantry Regiment. The battalion’s mission was to conduct security patrols and coordinate offensive attacks against anti-Iraqi insurgents targeting Iraqi security forces and Iraqi police stations. 

During Kurilla’s tenure leading the battalion, more than 150 soldiers earned the Purple Heart for injuries, and the battalion lost at least a dozen soldiers, The New York Times reported in August 2005. 

‘There will always be somebody willing (to) pick up an AK-47 and shoot Americans,’ Kurilla told The New York Times in August 2005. 

Kurilla did not complete that deployment unscathed. Later, in August 2005, Kurilla found himself caught in a Mosul, Iraq, firefight, where he sustained multiple gunshot wounds, earning him a Bronze Star with valor and one of his two Purple Heart awards. 

Now, Kurilla is facing another battle as the commander of U.S. Central Command, or CENTCOM, serving as the top military officer overseeing U.S. military forces based in the Middle East.

That means Kurilla, who attended the U.S. Military Academy at West Point, is at the forefront of military operations as President Donald Trump contemplates whether to engage in military strikes against Iran’s nuclear sites. 

CENTCOM is one of the U.S. military’s 11 combatant commands and encompasses 21 nations in the Middle East in its area of operations, including Iraq and Afghanistan. 

Those familiar with Kurilla claim he’s the perfect person for the job, and Secretary of Defense Pete Hegseth described Kurilla as an uplifting leader. 

‘General Kurilla is a bold, dynamic, and inspiring leader who strikes fear into the hearts of America’s enemies,’ Hegseth said in a statement Thursday to Fox News Digital. ‘He’s a warrior through and through who always puts his country, mission, and troops first. It has been an honor to serve alongside him in defense of our great nation.’

Retired Army Gen. Mark Milley, the former chairman of the Joint Chiefs of Staff, said in 2022 when Biden nominated Kurilla for the role that Kurilla is the ideal CENTCOM leader. 

‘If there ever was some way to feed into a machine the requirements for the perfect leader of CENTCOM — the character traits, the attributes, the experiences, the knowledge and the personality that would be ideal — that machine would spit out Erik Kurilla,’ Milley said in 2022, according to the Defense Department. ‘Erik’s got vast experience in combat (and) on staffs.

‘He’s a visionary, he’s a thinker and he’s a doer,’ Milley said. ‘He understands both the physical and human terrain and is able to identify root causes of problems and develop systems. He’s not at all a linear thinker. He’s actually a very gifted problem-solver.’

Retired Marine Corps Gen. Frank McKenzie, Kurilla’s CENTCOM predecessor, voiced similar sentiments. 

‘I can’t think of anybody better qualified to lead CENTCOM’s next chapter than Erik Kurilla,’ McKenzie said in 2022, according to the Pentagon. ‘He’s no stranger to the CENTCOM (area of operations). He’s no stranger to the headquarters.’

Notable figures who’ve previously filled the job leading CENTCOM include former defense secretaries, retired Gen. Jim Mattis, who served during Trump’s first term, and retired Gen. Lloyd Austin, who served during former President Joe Biden’s administration.

Fox News Digital reached out to CENTCOM, McKenzie and Milley for comment and did not get a response by the time of publication. 

The region is familiar territory for Kurilla. The general spent a decade between 2004 and 2014 overseeing conventional and special operations forces during consecutive tours in the Middle East that fell under the CENTCOM purview. 

Additionally, Kurilla has served in key CENTCOM staff and leadership positions, including serving as the command’s chief of staff from August 2018 to September 2019. Prior to leading CENTCOM, the general also commanded the 2nd Ranger Battalion, the 75th Ranger Regiment, the 82nd Airborne Division and the XVIII Airborne Corps, according to his official bio. 

In addition to deploying to Iraq as part of Operation Iraqi Freedom and Operation Inherent Resolve, he deployed to Afghanistan with Operation Enduring Freedom. Other awards he’s earned include the Combat Infantryman Badge, awarded to Army infantry or special forces officers who’ve encountered active ground combat. 

Kurilla, who the Senate confirmed to lead CENTCOM in February 2022 and will exit the role later in 2025, told lawmakers on the House Armed Services Committee June 10 that, since October 2023, when Hamas first attacked Israel, American service members have faced increased threats in the region. 

Specifically, he said, U.S. troops have come under direct fire by nearly 400 unmanned aerial systems, 350 rockets, 50 ballistic missiles and 30 cruise missiles launched by Iranian-backed groups. 

He said CENTCOM has encountered the ‘most highly kinetic period than at any other time in the past decade.’

‘We have been at the brink of regional war several times with the first state-on-state attacks between Iran and Israel in their history,’ Kurilla told lawmakers. ‘In the Red Sea, Houthi attempts to kill Americans operating in the Red Sea necessitated an aggressive response to protect our sailors and mariners and restore freedom of navigation. This is while Tehran is continuing to progress towards a nuclear weapons program — threatening catastrophic ramifications across the region and beyond.’ 

As a result, Kurilla said CENTCOM is prepared to use military force to prevent Iran from becoming a nuclear-armed state. Kurilla said he has provided Trump and Secretary of Defense Pete Hegseth a host of options to employ to eliminate the threat of a nuclear Iran. 

Since Kurilla’s testimony, tensions have escalated even further in the Middle East after Israel kicked off massive airstrikes against Iran’s nuclear sites that Israel claims have killed several high-ranking military leaders. Likewise, Iran also launched strikes against Israel as the two ramp up military campaigns against one another.

Trump is still navigating whether the U.S. will conduct direct strikes against Iran. Trump told reporters he may order strikes targeting Iranian nuclear sites and that the ‘next week is going to be very big.’

‘Yes, I may do it. I may not do it. I mean, nobody knows what I’m going to do,’ Trump said. ‘I can tell you this, that Iran’s got a lot of trouble, and they want to negotiate.’ 

This post appeared first on FOX NEWS