Oracle stock drops below crucial support as its bond yields jump: now what?
Oracle stock continued its strong freefall this week, reaching its lowest level since April last year. ORCL has slumped by over 62% from
Economy
Economy
US CPI falls sharply in June as energy prices tumble, but relief may be shortlived
US consumer prices recorded their biggest monthly decline in more than six years in June as a sharp drop in energy prices provided
Economy
New York Times is not “failing”: Here’s why its stock may surge soon
The New York Times’ stock has pulled back into a local correction, retreating from its year-to-date high of $87.18 to $75. The decline
Economy
Nasdaq rises as soft CPI eases Fed fears, IBM plunges over weak outlook
US stocks opened higher on Tuesday after softer-than-expected June inflation data reduced expectations of an immediate Federal Reserve rate hike. Investors also assessed
Business
Airline spends four days without flying as bankruptcy rumors swirl
Almost every airline around the world has felt the impact of surging jet fuel crises while many did not survive the spike caused
Business
Micron gives Wall Street reason to rethink AI winners
Micron Technology (MU) just issued a different kind of artificial intelligence caution to investors. The dismal earnings picture isn’t the problem. It is
Business
Jim Cramer’s unexpected 1-word reaction to Walmart stock
Walmart (WMT) looked unstoppable this spring. But by early July, its performance had significantly declined. The retail giant’s shares have fallen from a
Business
Elon Musk and Tesla announce serious AI changes for workers
Tesla has spent months pushing employees to use artificial intelligence as aggressively as possible. The company was tracking which engineers consumed the most
Investing
OPEC+ Production Rises, Strait of Hormuz Tensions, and…
The US Dollar reigns supreme amid Fed policy uncertainty and shifting energy trends, while geopolitical tensions sustain global market volatility. “King Dollar” Persistence
Stocks
Rivian stock sinks as dilution fears take center stage
Rivian Automotive Inc (RIVN) is sliding on Tuesday morning after the electric vehicle (EV) maker announced a sizable public offering of about 75