Dow futures climbed 0.8% after U.S. military action in the Middle East, overshadowing Oracle’s post-earnings decline. Dow Jones Industrial Average futures rose 400 points, or 0.8%, on Thursday following U.S. airstrikes targeting Iran. The move lifted broader market sentime
May’s final reading of 44.8 marks the lowest consumer sentiment level in modern history, driven by persistent high prices and rising gasoline costs. The University of Michigan’s Index of Consumer Sentiment plunged to 44.8 in May, its lowest level in the survey’s modern his
Oracle (ORCL) stock slumped Thursday morning despite the company reporting fourth-quarter earnings ahead of estimates. Wall Street analysts came to the defense of the enterprise tech giant in notes to clients Wednesday night. "We are puzzled by Oracle's after-hour share pr
A retiree faces federal, state, and FICA taxes on combined $213,000 income, complicating TSP withdrawal strategies. A retired Navy officer with a $48,000 military pension and a $165,000 civilian salary faces three layers of taxation: federal income tax, state income tax, a
Bank of America and Jefferies raise ratings on Intel and General Dynamics amid broader market volatility driven by inflation and geopolitical risks. $INTC and $GD received upgrades from major Wall Street firms as futures traded higher following a sharp sell-off. Bank of Am
Belgium’s government is reportedly set to dispose of a 20% holding in retail lender Belfius through a private placement. Finance Minister Jan Jambon confirmed the development before a parliamentary committee, with the offering valued at around €2bn ($2.3bn), reported Reute
KKR launched Helix Digital Infrastructure on Thursday, a new company backed by more than $10 billion in committed capital and designed to provide integrated infrastructure for AI hyperscalers. Kuwait Investment Authority, Nvidia, and Vistra join KKR as founding investors</
Crypto hacks surge due to AI model vulnerabilities The crypto industry is experiencing a surge in hacks due to AI model vulnerabilities. A recent exploit drained about 116,500 restaked Ether, worth roughly $290 million to $293 million. The industry has become increa
Microsoft (MSFT) marked a fourth consecutive loss on Wednesday and have dropped below a key level. Is Microsoft stock a buy or sell now? Microsoft stock presents a curious case with its top-notch earnings score while technical ratings reveal weak performance. Shares
Just as Elon Musk is set to become the world's first trillionaire, Vanguard's flagship S&P 500 ETF is the first to hit the $1 trillion-in-assets milestone. Vanguard S&P 500 ETF (VOO) in the first week of June saw its assets under management leap past $1 trillion Ass
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