VOO becomes the first ETF to surpass $1 trillion in assets as the S&P 500 nears record highs. The Vanguard S&P 500 ETF (VOO) has reached $1 trillion in assets, making it the first ETF to achieve this milestone. The fund has attracted $386 billion in net assets over the pas
President Trump’s tweet on reopening the Strait of Hormuz contrasts with ongoing geopolitical tensions and surging gas prices. President Trump tweeted that the Strait of Hormuz will reopen for business shortly, despite no signed deal or reduction in regional tensions. The
Escalating tensions threaten a near-term ceasefire deal as Iran rejects U.S. restraint offers and promises imminent military action. Israel launched fresh airstrikes on Beirut, drawing sharp criticism from U.S. President Donald Trump, who called the timing of the attack il
21.1% of seniors seeking reverse mortgages in 2025 faced monthly budget deficits, up from 12.2% a year earlier. Demand for reverse mortgages among seniors has climbed as financial pressures mount, particularly after health crises. Data from a nonprofit financial counseling
Javice convicted of defrauding JPMorgan Chase Charlie Javice was convicted of defrauding JPMorgan Chase after selling her company for $175 million. Javice founded a startup called Frank that JPMorgan acquired in 2021. Frank had claimed more than 4 million c
Oracle reported Q4 revenue of $19.18 billion and cloud growth of 47%, but margin concerns triggered a sell-off in its stock. Oracle’s stock declined after the company posted Q4 fiscal 2026 results, despite a 21% year-over-year revenue increase to $19.18 billion, beating th
Still awaiting a deal signing. As a confounding factor Israel has attacked Beirut and are awaiting retaliatory attacks from Iran Checking in on early FX, some small negative sentiment only: Still awaiting a deal signing. As a confounding factor Israel has attacked B
"You're hitting tank bottom." That is the phrase one oil industry executive used to describe the state of global petroleum inventories, in a conversation the executive said had already been shared with senior officials in Washington. The same person gave it an unusually sp
DoorDash reported Q1 2026 revenue of $4.0 billion, up 33% year-over-year, fueled by ad platform expansion and retail partnerships. DoorDash Inc. (NASDAQ:DASH) posted a 33% year-over-year revenue increase to $4.0 billion in Q1 2026, driven by growth in its ad business and r
Sea Limited’s e-commerce unit Shopee reported 4.0 billion gross orders and $37.3 billion GMV in Q1 2026, driving revenue growth. Sea Limited’s Shopee delivered 4.0 billion gross orders in Q1 2026, a 29.3% year-over-year increase, while gross merchandise value (GMV) rose 30