Oracle chairman Larry Ellison is now the second-richest person in the world, with a net worth of $209 billion, unseating Amazon founder Jeff Bezos who held the title on and off since 2016. Shares of Oracle have surged 23% in September, putting them on track for their best month since October 2022. Oracle’s stock success…
Wall Street investors are betting the Federal Reserve will more likely opt for a jumbo interest rate cut over a quarter-point cut, according to the latest data. Futures on the Fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a 61% chance of a 50 basis-point rate cut by the central bankers Wednesday….
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LA PORTE, Texas (AP) — A massive pipeline fire in suburban Houston was shooting a giant plume of fire into the air for more than two hours on Monday as first-responders evacuated a surrounding neighborhood where some homes have caught fire. The fire began at 9:55 a.m. with an explosion that rattled nearby homes in…
Diabetes is one of the most common health conditions in the United States, affecting one in ten adults. Left unchecked, it can contribute to heart disease, chronic kidney disease, neuropathy and more complications. The good news? A few simple lifestyle choices can reduce your odds of ever developing the condition in the first place. We…
Today, Apple released watchOS 11, a major operating system update for the Apple Watch. It has new Translate and Vitals apps, AI curation of the Smart Stack, and much more. You can install the update by going to Settings > General > Software Update on the watch. Or, open the Watch app on your iPhone,…
The moment that deputies arrested a suspect in an attempted assassination of former President Trump in Florida was captured on officer-worn bodycam video that was released Monday afternoon. Ryan Routh, 58, was captured Sunday on northbound Interstate 95 after deputies surrounded his vehicle, Martin County Sheriff Will Snyder said during a press briefing Monday. The sheriff’s…
Market heavyweight Apple (AAPL) has become range-bound within the context of its primary uptrend. On the weekly bar chart, AAPL has its first MACD ‘sell’ signal since January. This reflects a notable loss of intermediate-term momentum, suggesting AAPL has entered a corrective period that could prolong itself several weeks. The weekly stochastics have also turned…
(Bloomberg) — Sprouts Farmers Market Inc. has already more than doubled this year, and Evercore ISI sees that relentless rally extending even further as the natural and organic food retailer cashes in on well-heeled shoppers’ focus on healthy eating. Shares reached an all-time high Monday after analyst Michael Montani upgraded his rating on the grocery…
The newly crowned Miss Hong Kong has expressed her wish to use her status to promote women’s rights, calling for them to be given more support and for society to adopt a broader vision of beauty. Ellyn Ngai Lok-lam, dubbed the “Michele Reis of CityU” by her former classmates at City University, laid out her…