Analysts have made significant changes to their views on key companies. Microsoft (MSFT) has seen its ratings upgraded due to the company’s strategic repositioning in underperforming segments. This shows that despite facing challenges, Microsoft is generating strong free cash flow. Netflix (NFLX) is also getting a positive review from analysts. Its potential acquisition of Warner … Read more
The S&P 500 reached a record high on Thursday despite concerns about AI stocks. The Dow Jones Industrial Average rose 646 points, or 1.3%, closing at an all-time high of 48,704.01. However, gains were tempered by Oracle’s sharp increase in capital expenditure outlook for fiscal 2026, which raised doubts about its ability to convert massive … Read more
The US government is aware of 18,000 people on the FBI terrorism watch list who entered the country during President Biden’s 2021 Afghanistan withdrawal. National Counterterrorism Center Director Joseph Kent revealed this alarming conclusion to lawmakers. The list includes 2,000 known or suspected terrorists with ties to extremist organizations, posing a significant threat to national … Read more
Disney has teamed up with AI startup OpenAI to license its iconic characters, including Mickey Mouse and Cinderella, for use on a new video platform that uses artificial intelligence. As part of the deal, Disney will take a $1 billion stake in OpenAI and gain access to a library of 200+ animated characters for AI-generated … Read more
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CNBC has reported that Michael Bessent, a former Comptroller of the Currency, is set to propose a significant overhaul of the regulatory body created in response to the 2008 financial crisis. The proposed changes aim to enhance the regulator’s ability to address systemic risks and improve its alignment with private sector needs. However, details about … Read more
Researchers from Oregon Health & Science University found a strong link between getting enough sleep and living longer than diet and exercise. A study analyzing survey data from across the US showed that insufficient sleep, defined as less than seven hours per night, is associated with lower life expectancy. The study controlled for other factors … Read more
Oracle’s stock price dropped by 10% after its fiscal Q2 results failed to impress investors. The company’s revenue grew 13.9% year-over-year, but fell short of expectations. The main concern was the lack of growth in Oracle Cloud Infrastructure (OCI) revenue and the high capital expenditures that led to negative free cash flow. Analyst Brad Sills … Read more
Attorney General Pam Bondi has issued a memo directing the FBI to expand its operations targeting alleged domestic terrorists. The directive aims to broaden the scope of people who can be detained under the new blueprint and includes measures to encourage public reporting and reward tips that lead to successful identification and arrest of suspected … Read more
Oracle’s shares are down sharply in extended trading, weighing on US stock futures. The tech giant’s concerns about its artificial intelligence (AI) bet have resurfaced, with investors worried that the company’s investment in AIs, including privately-held OpenAI, might not pay off. Investors fear that Oracle’s AI spending is too focused on catering to one major … Read more