Oracle shares may be rallying on its latest earnings beat, but it still has much higher to go, according to Victoria Greene, chief investment officer at G Squared Private Wealth. The cloud computing company was one of three names Greene discussed on CNBC’s ” Power Lunch ” Thursday – two made her buy list, while one is a hold. Oracle Shares of Oracle rallied 13% on Thursday after the company’s fourth-quarter earnings and revenue topped analysts expectations . Although the stock is already up 20% year to date, Greene thinks it isn’t too late for investors to get in on…
Author: usaeverydaylife
Baby car seat carriers for sale at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Bloomberg | Bloomberg | Getty ImagesThe cost of some baby gear has risen in recent weeks due to President Donald Trump’s tariff policies, according to a new congressional report.The cost of five common items bought for babies has increased 24%, or by $98 combined, between April 1 — the day before Trump’s sweeping April 2 tariff announcement — and June 9, according to the analysis by the Joint Economic Committee’s minority arm.The analysis tracked the prices of five popular baby…
Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate.”I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs,” Yellen said Thursday on CNBC’s “Money Movers.”The Biden-era Cabinet secretary made that prediction even as she noted that when it comes to Trump’s tariffs, “There remains a huge degree of uncertainty about exactly what is going to go into effect.”But “I definitely expect that we’re going…
Coinbase on Thursday introduced its first branded credit card in partnership with American Express.The card will be available exclusively to U.S. members of Coinbase One, the cryptocurrency platform’s monthly subscription product that offers zero trading fees, increased staking rewards and other perks. Additionally, Coinbase is also creating a lower-cost “Basic” subscription tier.Cardholders will be able to earn between 2% and 4% back in bitcoin, beginning this fall, and take advantage of experiences, protections and other benefits that are offered alongside the American Express network. Coinbase One costs $29.99 a month while a Basic tier with fewer rewards will cost $4.99…
Lisa Su, CEO of Advanced Micro Devices, testifies during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesAdvanced Micro Devices on Thursday unveiled new details about its next-generation AI chips, the Instinct MI400 series, that will ship next year.The MI400 chips will be able to be assembled into a full server rack called Helios, AMD said, which will enable thousands of the chips to be tied together in a way that they…
The S & P 500 has made a stunning comeback from its lows in April, but UBS said investors would be wise to add some defensive stocks to their portfolios to guard against uncertainty. In a June 6 report, UBS global equity strategist Andrew Garthwaite gave several reasons why his team is cautious on many cyclical names – that is, stocks whose performance is closely tied to the economic cycle – excluding financials. “UBS forecasts US GDP to slow (from 2.1% YoY in Q1 to 0.9% in Q4), soft data has weakened sharply in the US – much more than…
A visitor walks past a Google Cloud sign at the booth of Google during the Hanover technology Fair (Hannover Messe) on April 22, 2024 in Hanover, northern Germany, with Norway as partner country. Ronny Hartmann | AFP | Getty ImagesGoogle’s cloud was suffering from global outages on Thursday, as were other cloud-based services.Users on social media reported that several major internet services were experiencing disruptions due to Google cloud platforms.”We are experiencing service issues with multiple GCP products,” a status page from Google Cloud showed, indicating that the outages began at 10:51 a.m. PT. “Our engineering team continues to investigate the…
US Senator Alex Padilla, who interrupted the press conference held by U.S. Secretary of Homeland Security Kristi Noem, is removed from the venue, in Los Angeles, California, U.S., June 12, 2025. Aude Guerrucci | ReutersPolice handcuffed Sen. Alex Padilla, D-Calif., and pushed him to the ground Thursday after forcibly removing him from a press conference Homeland Security Secretary Kristi Noem was holding in Los Angeles.Padilla had entered the room and interrupted Noem as she was speaking about her department’s plans to continue deportation efforts in California, even as the Trump administration’s recent immigration enforcement operations have stirred a wave of…
Shares of coffee giant Starbucks (SBUX) have rallied about 20% from a closing low in early April. Now the stock is facing perhaps its biggest hurdle on the road to recovery: the 200-day moving average. Based on our review of the daily and weekly charts, we see a likely pullback scenario before the uptrend phase propels SBUX to even greater heights. Starbucks peaked in early March, making a new swing high even after the S & P 500 and Nasdaq 100 had already pulled back from their own peaks. Over the subsequent weeks, SBUX cratered from a peak around $117…
U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as he visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025.Leah Millis | ReutersPresident Donald Trump said Thursday that the U.S. will have a “golden share” in U.S. Steel after its deal with Japan’s Nippon Steel closes.”We have a golden stock. We have a golden share, which I control, or the president controls,” Trump told reporters in…
