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Nu Holdings Surges to $59 Billion Valuation on Latin America Growth

The fintech firm reported Q1 revenue of $5.3 billion, up 42% year over year, driven by 135 million customers across Brazil, Mexico, and Colombia. Nu Holdings has reached a $59 billion market capitalization, fueled by rapid expansion in Latin America. The company’s Q1 2026

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

Amplify IDVO Outperforms VXUS With 21.54% Annualized Return Over 3.75 Years

The Amplify CWP International Enhanced Dividend Income ETF delivered higher total returns than Vanguard’s international ETF despite a 6.08% yield. The Amplify CWP International Enhanced Dividend Income ETF (IDVO) achieved a 21.54% annualized total return from September 8,

  • mohammad501ps@gmail.com
  • June 13, 2026
  • politics

New $1,700 Federal Tax Credit Diverts Funds to Scholarships in 27 States

The IRS-approved credit allows taxpayers to redirect up to $1,700 of federal tax payments to private scholarships, but 23 states have not adopted it. A new federal tax credit permits taxpayers to redirect up to $1,700 of their federal tax liability to private scholarship f

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

Costco Membership Renewal Rate Hits 92.2% in Q3 2026

Costco reports a 92.2% U.S. and Canada membership renewal rate, with e-commerce growth driving sales amid high valuation concerns. Costco Wholesale (NASDAQ: COST) reported a 92.2% membership renewal rate in the U.S. and Canada for Q3 2026, while its global renewal rate rea

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

A Quiet Transformation is Reshaping Modern Finance

The public conversation about financial innovation has been dominated for years by payments and digital currencies. Those are real developments, but they may represent only one chapter in a much larger shift across capital markets, asset management, and market infrastructu

  • mohammad501ps@gmail.com
  • June 13, 2026
  • oil

UK to Prohibit Russian-Refined Fuel Imports by January 1, 2027

The British government sets a 2027 deadline to close a sanctions loophole allowing diesel and jet fuel refined from Russian crude in third countries. The UK will ban imports of diesel and jet fuel refined from Russian crude in third countries starting January 1, 2027. The

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

Is It Time to Sell Universal Technical Institute Stock after a Long-time Investor Dumped 3 Million Shares?

Is It Time to Sell Universal Technical Institute Stock After A Long-Time Investor Dumped 3 Million Shares? Long-time investor Coliseum Capital Management, which also has a seat on the board of directors, sold most of its position in Universal Technical Institute (NYSE:UTI)

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

Space Stocks Got Crushed on Spacex’s Big Day. is the Sell-off a Warning or a Buying Opportunity?

It was a strange day to own a space stock. While SpaceX jumped about 19% in its first session as a public company, several of the smaller, already-public names in the sector went sharply in the other direction As of this writing, shares of Rocket Lab (NASDAQ: RKLB),

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

Planet Labs Stock Plunged Following Its Recent Earnings Call. Should Investors Buy the Dip?

Space stocks have been a hot topic, and Planet Labs (NYSE: PL) is one company in the industry that has surged 474% over the past year. The stock reached $51 per share in late May but has since declined by 40%, including a 26% one-day drop the day after its June 4 earnings

  • mohammad501ps@gmail.com
  • June 13, 2026
  • stocks

Oracle RPO Soars 363% to $638 Billion on Cloud Surge

Oracle reports $638 billion in remaining performance obligations, up 363% YoY, driven by cloud infrastructure growth. Oracle closed fiscal 2026 with a record $19.2 billion in quarterly revenue, up 21% YoY, fueled by a 93% surge in cloud infrastructure sales. The company’s

  • mohammad501ps@gmail.com
  • June 13, 2026
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