Oracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation
How Oracle’s stock fares after it reports results on Tuesday will depend largely on which storyline Wall Street chooses to focus on.“We’ve been reading a lot of analyst reports, and…
Gen Z is already nostalgic for TikTok—and the platform is only 6 years old
The scrappy, chaotic, 15-second clips that once made the app feel like a carnival in your pocket have given way to something slower, more polished, and far more familiar. Gen…
Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon
Oil prices plunged on Monday afternoon and equities went back into the green after President Trump suggested to CBS News reporter Weijia Jiang in a phone interview that the war…
People really hate AI but not as much as Iran—or Democrats
The Republican Party has similarly bleak numbers, with 51% of respondents expressing an unfavorable view. But more respondents, 37%, said they had a positive view of the party, compared to…
Investors priced in a 6-week Iraq War but it lasted 8 years and cost $3 trillion. They’re doing it again
As oil topped $120 a barrel Monday and Iran named a new Supreme Leader, Wall Street is still betting this war will be short—the same bet investors made about Iraq…
Odds of a stock market meltdown with 1970s-style stagflation jump to 35% this year, veteran strategist warns
The 1970s are making a comeback, but not in a good way, as surging oil prices, a weak job market, and slowing growth revive memories of stagflation.And like the ’70s,…
‘Nightmare scenario’ looms as global markets head for the biggest oil output disruption in history, top energy guru warns
The U.S.-Israeli war on Iran is quickly spiraling into a worldwide energy crisis as the de facto closure of the Strait of Hormuz forces top oil producers to start slashing…
Forget the U.S. Navy. The best protection for ships traveling through the Strait of Hormuz may be claiming to be a ‘Chinese’ or ‘Muslim’ vessel
The Strait of Hormuz isn’t completely closed as several daring ship captains have risked attacks from Iran to transport cargoes through the narrow Persian Gulf waterway, with some claiming to…
Worried about AI job cuts? It might be time to move to Europe, where companies are planning to hiring more—not less—workers thanks to AI
“Investment in and the intensive use of AI are not yet replacing jobs,” the ECB economists wrote. “In fact, some firms are hiring additional employees—perhaps because they are looking to…
Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
Even the world’s richest people sometimes need a mortgage.But financial experts say taking out a mortgage—even when you could easily pay cash—can actually be a smart wealth strategy. One of…
