Oracle (ORCL) is a tech giant. Its revenue sources are enterprise software, cloud services, and database technologies. Oracle Cloud Infrastructure (OCI) unit has become the primary driver of the stock's growth, thanks to the AI boom. On top of everything you’d expect in their offerings, the company ...
Oracle (ORCL) is a tech giant. Its revenue sources are enterprise software, cloud services, and database technologies. Oracle Cloud Infrastructure (OCI) unit has become the primary driver of the stock's growth, thanks to the AI boom. On top of everything you’d expect in their offerings, the company ...
On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing.
On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing.
On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing.
On the latest episode of Equity, we discuss how Apple has changed since Cook became CEO in 2011, and what challenges incoming CEO John Ternus will be facing.
The Italian government has decided to extradite a Chinese man wanted by US authorities on hacking charges that include stealing Covid-19 medical research, a person with direct knowledge of the matter told Reuters. The government’s decision, which was first reported by Bloomberg, follows a ruling by an Italian court earlier this month which said Xu Zewei could be extradited. A representativ...
The Italian government has decided to extradite a Chinese man wanted by US authorities on hacking charges that include stealing Covid-19 medical research, a person with direct knowledge of the matter told Reuters. The government’s decision, which was first reported by Bloomberg, follows a ruling by an Italian court earlier this month which said Xu Zewei could be extradited. A representative for Italy’s government declined to comment. Xu’s lawyer Enrico Giarda told Reuters that his client...
'Gender Identity' Requirements Will Be Discarded In Housing Programs: HUD Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a new proposed rule on Thursday that seeks to end the use of “gender identity” across all departmental programs, which is intended to “restore biological reality and protect w...
'Gender Identity' Requirements Will Be Discarded In Housing Programs: HUD Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Department of Housing and Urban Development (HUD) Secretary Scott Turner announced a new proposed rule on Thursday that seeks to end the use of “gender identity” across all departmental programs, which is intended to “restore biological reality and protect women.” Housing and Urban Development Secretary Scott Turner walks towards the West Wing following a TV interview at the White House on Feb. 19, 2025. Manuel Balce Ceneta/AP Photo “Under the proposed guidance, HUD would remove radical definitions of gender identity, sexual orientation, and gender, replacing them with sex across nearly 50 regulations,” HUD said in an April 23 statement. The department’s Equal Access Rule will be modified to replace the ban on discrimination on the basis of “gender identity” across all Community Planning and Development programs. HUD intends to define common terms such as mother, father, woman, man, girl, and boy, in a way that is consistent with a person’s sex across the department’s regulations. “ God created two sexes: male and female. The Left’s war on biological reality through radical gender ideology will no longer take precedence over the safety and security of America’s most vulnerable women,” Turner said. The 2012 Equal Access Rule, titled Equal Access to Housing in HUD Programs Regardless of Sexual Orientation or Gender Identity, sought to ensure that HUD’s housing programs would be made available to all individuals and families regardless of their gender identity, sexual orientation, or marital status. At the time, the rule did not address how transgender identifying and “gender non-conforming” individuals should be accommodated in certain temporary and emergency shelters, and other facilities used for this purpose. In 2016, another final rule was issued on this regulation addressing the matter. The recent proposal builds on an orde...
Financial stocks have been hit pretty hard this year, as the sector is just one of two (healthcare is the other) that is trading in the red year to date. That makes it a great place to find opportunities to invest in good companies with stocks trading at a discount. One of those good, cheap stocks to consider is Nu Holdings (NYSE: NU) . Nu Holdings is a Brazil-based neobank, offering digital and o...
Financial stocks have been hit pretty hard this year, as the sector is just one of two (healthcare is the other) that is trading in the red year to date. That makes it a great place to find opportunities to invest in good companies with stocks trading at a discount. One of those good, cheap stocks to consider is Nu Holdings (NYSE: NU) . Nu Holdings is a Brazil-based neobank, offering digital and online banking services in Brazil, Colombia, Mexico, and soon, the United States. It operates under the Nubank brand. The stock price is down about 13% so far in 2026 and is trading at just $14.61 per share. Its cheap entry price and low valuation make it a good candidate for investors looking to buy shares of a cheap, undervalued fintech stock with strong long-term growth potential. Continue reading
Iranian Foreign Minister Abbas Araghchi (L) meets with Pakistani Chief of General Staff Asim Munir (R) amid efforts to revive stalled peace talks between the U.S. and Iran to end their eight-week war, in Islamabad, capital of Pakistan, on April 25, 2026. Anadolu | Anadolu | Getty Images Iran's foreign minister briefly visited Islamabad again on Sunday as Pakistan's political and military leadershi...
Iranian Foreign Minister Abbas Araghchi (L) meets with Pakistani Chief of General Staff Asim Munir (R) amid efforts to revive stalled peace talks between the U.S. and Iran to end their eight-week war, in Islamabad, capital of Pakistan, on April 25, 2026. Anadolu | Anadolu | Getty Images Iran's foreign minister briefly visited Islamabad again on Sunday as Pakistan's political and military leadership scrambled to reignite ceasefire negotiations between Tehran and Washington, but U.S. President Donald Trump said they could talk by phone instead. Abbas Araghchi had left Pakistan's capital late the previous day, creating confusion around an expected second round of talks there, but he returned before continuing on to Moscow on Sunday, Iranian state media said. He had been in Oman, which previously mediated talks and is on the other side of the strategic Strait of Hormuz. The White House last week said it would dispatch envoys Steve Witkoff and Jared Kushner to Islamabad to follow up on historic face-to-face talks earlier this month. But shortly after Araghchi's departure Saturday, Trump said he had called off the mission because of a lack of progress with Iran. "If they want, we can talk but we're not sending people," Trump told Fox News on Sunday. He said earlier on social media: "All they have to do is call!!!" Indirect talks between the two sides were ongoing, two Pakistani officials said, speaking on condition of anonymity because they were not authorized to speak to the media. Trump last week indefinitely extended the ceasefire that the U.S. and Iran agreed to on April 7, which has largely halted the fighting that began with joint U.S.-Israeli strikes on Feb. 28. But a permanent settlement remains elusive in the war that has killed thousands of people and shaken the global economy. Strait of Hormuz at center of Iran's talks in Oman A standoff remains at the Strait of Hormuz, a vital global waterway, as Iran restricts movement through it and the U.S. enforces a block...
imaginima/E+ via Getty Images Asia’s shrinking birth rates and rapidly aging populations are poised to reshape the region’s economic outlook, but the slowdown is not inevitable if governments and businesses successfully deploy artificial intelligence, invest in education and encourage longer working lives, according to a new report from Bank of America Securities economists Yvonne He and Helen Qia...
imaginima/E+ via Getty Images Asia’s shrinking birth rates and rapidly aging populations are poised to reshape the region’s economic outlook, but the slowdown is not inevitable if governments and businesses successfully deploy artificial intelligence, invest in education and encourage longer working lives, according to a new report from Bank of America Securities economists Yvonne He and Helen Qiao. Fertility falls below replacement levels The April 26 report said Asia’s average total fertility rate has fallen from roughly 6.0 births per woman in the 1960s to an estimated 1.87 in 2025, below the replacement rate of 2.1. Japan and South Korea are aging fastest, followed by China and Thailand, while India and Indonesia still retain younger populations and a longer demographic growth runway. The economists said the drop in fertility reflects rising child-rearing costs, urbanization, expensive housing and education, as well as greater career opportunities for women that have increased the opportunity cost of childbearing. Growth headwinds build Population aging has long been linked to weaker economic growth, softer productivity and disinflationary pressure. BofA cited International Monetary Fund estimates that demographic headwinds alone could trim global GDP growth by about 1.1 percentage points over 2025 to 2050 versus 2016 to 2018 trends. A shrinking working-age population limits labor supply, while older societies may generate fewer new ideas and less entrepreneurial dynamism, the report said. At the same time, slower household formation and weaker consumption demand can weigh on inflation. Three main offsets BofA argued that aging does not have to equal stagnation. The report identified three policy levers that could partly offset demographic drag: stronger human capital, faster AI adoption and delayed retirement. The economists said healthier and better-educated workers can sustain output even as workforce numbers decline. They also pointed to rising AI use global...
Sandisk (NASDAQ: SNDK) has been a remarkable story. While some may associate the name with a consumer division that sells aftermarket memory or storage, it has become one of the hottest stocks in the artificial intelligence (AI) realm over the past few years. It has even rallied so much that it is being included in the Nasdaq-100 . By stock performance, Sandisk may well be 2026's biggest AI winner...
Sandisk (NASDAQ: SNDK) has been a remarkable story. While some may associate the name with a consumer division that sells aftermarket memory or storage, it has become one of the hottest stocks in the artificial intelligence (AI) realm over the past few years. It has even rallied so much that it is being included in the Nasdaq-100 . By stock performance, Sandisk may well be 2026's biggest AI winner. But past returns don't necessarily make it a buy today. Can Sandisk keep its rally going after such a strong run? Image source: Getty Images. Continue reading
Starting June 1, Fidelity will charge a $100 fee on purchase trades on more than 120 exchange-traded funds (ETFs). It's one of the most investor-unfriendly decisions I've seen in a while. It started with Fidelity requiring ETF issuers to pay an asset-based fee to help cover trading costs. Those who declined will have the $100 fee added to purchases of shares of their ETFs on Fidelity. Roundhill is...
Starting June 1, Fidelity will charge a $100 fee on purchase trades on more than 120 exchange-traded funds (ETFs). It's one of the most investor-unfriendly decisions I've seen in a while. It started with Fidelity requiring ETF issuers to pay an asset-based fee to help cover trading costs. Those who declined will have the $100 fee added to purchases of shares of their ETFs on Fidelity. Roundhill is the most impacted issuer. More than 40 of its ETFs will be subject to the fee. The Roundhill Magnificent Seven ETF (NYSEMKT: MAGS) , the Roundhill Generative AI & Technology ETF (NYSEMKT: CHAT) , and the Dan Ives Wedbush AI Revolution ETF (NYSEMKT: IVES) are funds with more than $1 billion in assets under management (AUM) that will be charged the fee. Continue reading
Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, Bloomberg interviews White House economic adviser Kevin Hassett and takes a look at carbon-market costs. Rising carbon costs In the US and elsewhere, political pressure on companies to decarbonize may be falling. But the price of emitting carbon dioxide is still a big financial risk. In a...
Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, Bloomberg interviews White House economic adviser Kevin Hassett and takes a look at carbon-market costs. Rising carbon costs In the US and elsewhere, political pressure on companies to decarbonize may be falling. But the price of emitting carbon dioxide is still a big financial risk. In a new report, BloombergNEF analysts estimate the biggest US oil producers will face about $47.5 billion of carbon-compliance costs over the next decade. The total encompasses payments required under the rules of the European Union’s emissions trading system and similar programs aimed at cutting greenhouse gases. Fossil-fuel companies aren’t the only ones facing hefty bills tied to their emissions. Industries including utilities, power, aviation, steel, cement, aluminum and paper also are likely to be affected. Carbon costs were relatively modest a decade ago, when just a small slice of global emissions were covered by pricing systems. As those markets have evolved, the costs have become a more material line item for companies. In 2024, 28% of global emissions were covered by carbon taxes and trading systems, according to a report from the World Bank. Read More: EU Offers Carbon Market Concessions to Tame Energy Prices As more pollution is priced, compliance costs tend to go up. The impact on individual companies, however, depends on carbon prices (which differ across markets and over time), along with emissions levels and the ability to pass costs on to customers. In industries where such costs are widely shared — such as regulated fuel markets — consumers ultimately shoulder much of the impact. And of course, companies can further offset some of the potential increase in carbon costs if they invest in reducing their emissions. Incentives to do this might not seem as strong as they once were. But even as prices in regions such as California declined recently, carbon markets ...
asbe/iStock via Getty Images If you trade headlines, you probably didn't buy the S&P500 ( SPY ) last week or expect it to make a new high. The Strait of Hormuz was closed, peace negotiations faltered, and oil rose back to around $96/bbl, 20% higher than the week before. Thankfully, I don't trade the news, and the technicals kept me bullish despite the deteriorating backdrop. Last week's article hi...
asbe/iStock via Getty Images If you trade headlines, you probably didn't buy the S&P500 ( SPY ) last week or expect it to make a new high. The Strait of Hormuz was closed, peace negotiations faltered, and oil rose back to around $96/bbl, 20% higher than the week before. Thankfully, I don't trade the news, and the technicals kept me bullish despite the deteriorating backdrop. Last week's article highlighted that "7040-51 is the first potential support," and that area was held multiple times throughout the week. That's all I really needed to know when I bought, and although it may seem like chasing the rally after such a large gain, I did not risk much on the trade as I knew if that area broke, the technicals would shift, and I could get out with a small loss. This week's article looks at why chasing the rally is perhaps necessary if you want to get long as 7002 may not be retested, and how to do that without taking too much risk. SPX Monthly The April bar will close on Thursday, and what a bar it is. It would need to drop below 6901 and back in the March range to shift neutral/bearish, which looks unlikely. Closing above 7002 would keep the ultra-bullish look, and the nearer it closes to the highs of the monthly range, the better the odds of follow-through in May. One consideration after such a large rally is whether we should "Sell in May and stay away?" That depends on how the rally develops, whether it reaches the upside targets in the 7400s and how it acts when it gets there. For now, there is no technical reason to sell. SPX Monthly (Tradingview) As the S&P500 is in "blue sky" above the February peak of 7002, measured moves and Fibonacci extensions are our guide for targets. The 161.8* extension of the last drop is at 7424. 7490 is a major measured move where the 2025-2026 rally would be equal in size (points) to the 2022-2025 rally. 7002, 6901, and 6474 are potential supports. A DeMARK exhaustion count completed in February and had a brief effect with the March...
April’s rally in risk assets has weathered stalled peace talks, signs of resurgent inflation and a central-bank succession drama. Investors may be about to find out if the speed of the advance itself poses a threat to a further ascent. Global equities enter the week at or near records, with the S&P 500 up almost 10% since the end of March, putting it on pace for the best monthly advance since late...
April’s rally in risk assets has weathered stalled peace talks, signs of resurgent inflation and a central-bank succession drama. Investors may be about to find out if the speed of the advance itself poses a threat to a further ascent. Global equities enter the week at or near records, with the S&P 500 up almost 10% since the end of March, putting it on pace for the best monthly advance since late 2020. Treasury yields fell Friday as the closing of a Justice Department probe of Fed Chief Jerome Powell cleared a path to Kevin Warsh ’s confirmation, boosting bets that the central bank could resume cutting interest rates before the year is out. Bumper earnings and a resilient economy have pushed the S&P 500 about 3% over the high it set before the Iran war began. On Friday, stocks were lifted by hopes that the US and Iran would make headway in peace negotiations over the weekend. But the risks from the conflict haven’t receded. Those talks were called off, oil prices remain high, and still-elevated Treasury yields are pushing up borrowing costs across markets as traders brace for more inflation shocks. “I am personally cautious that the market is driving at 120 kmh now, and may have less reaction time when it is really time to change lanes,” said Francis Tan , Asia chief strategist at Indosuez Wealth in Singapore. Trading in stocks, bonds and oil futures resumes in earnest at 6 p.m. New York time Sunday. There are some signs that investor enthusiasm for the biggest beneficiaries of the month-long rally may be waning. USO , the biggest US exchange-traded fund tracking crude, is on pace for its steepest monthly outflow since 2009. SOXX , one of the largest semiconductor funds, saw one of its largest weekly withdrawals ever — a week after reeling in record cash. Both are among the market’s most-crowded trades . “We’re seeing increased protection buying at the highs,” John Tully , who leads global macro sales at BofA Securities , wrote in a note to clients Sunday. Accordin...
(Bloomberg) -- April’s rally in risk assets has weathered stalled peace talks, signs of resurgent inflation and a central-bank succession drama. Investors may be about to find out if the speed of the advance itself poses a threat to a further ascent.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandGunman Detained, Trump Evacuated After Shooting at Press DinnerTru...
(Bloomberg) -- April’s rally in risk assets has weathered stalled peace talks, signs of resurgent inflation and a central-bank succession drama. Investors may be about to find out if the speed of the advance itself poses a threat to a further ascent.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandGunman Detained, Trump Evacuated After Shooting at Press DinnerTrump Scraps US Trip for Iran Talks, Leaving Ceasefire in LimboThe Hottest Phone for Kids Right Now Is
Sen. Thom Tills said Sunday he’s ready to support the confirmation of Kevin Warsh as the new chair of the Federal Reserve, now that the Justice Department has dropped its criminal case against outgoing Chair Jerome Powell.
Sen. Thom Tills said Sunday he’s ready to support the confirmation of Kevin Warsh as the new chair of the Federal Reserve, now that the Justice Department has dropped its criminal case against outgoing Chair Jerome Powell.
Top government officials were rushed out of the Washington Hilton after gunshots were heard at the dinner. NPR journalists describe hiding under tables and scrambling for information as the night unfolded. (Image credit: Mandel Ngan)
Top government officials were rushed out of the Washington Hilton after gunshots were heard at the dinner. NPR journalists describe hiding under tables and scrambling for information as the night unfolded. (Image credit: Mandel Ngan)
. Paramount+ unveiled a new teaser for the upcoming fourth season of Star Trek: Strange New Worlds at CCXP in Mexico City over the weekend. (Some spoilers for prior seasons below.) The third season of Strange New Worlds was admittedly a bit uneven, with serious plot lines mixed in with some downright silly ones that divided fans. Arguably the most significant moment was bidding farewell to Melanie...
. Paramount+ unveiled a new teaser for the upcoming fourth season of Star Trek: Strange New Worlds at CCXP in Mexico City over the weekend. (Some spoilers for prior seasons below.) The third season of Strange New Worlds was admittedly a bit uneven, with serious plot lines mixed in with some downright silly ones that divided fans. Arguably the most significant moment was bidding farewell to Melanie Scrofano's Marie Batel, Pike's (Anson Mount) love interest. Her parting gift to Pike: an illusory alternate life where she and Pike got to grow old together. So expect Pike to be dealing with her loss in the upcoming season, among other challenges. Read full article Comments