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COVID 19 Articles
Israel’s Yellow Line in Gaza advances, leaving displaced with nowhere to go
Israel’s Yellow Line demarcation in Gaza has advanced multiple times since a ceasefire agreement, forcing Palestinian families to flee repeatedly with limited options for safe relocation.
Zelenskyy tells NPR Ukraine wants peace but will hit Russia until it follows ceasefire
Ukrainian President Zelenskyy told NPR Ukraine seeks peace but will continue striking Russia’s military until a ceasefire is established and respected by both sides.
The SALT deduction limit is $40,400 for 2026. Here’s how to maximize it
The SALT deduction limit for 2026 is $40,400, up from $10,000 in 2024 under recent tax legislation. The provision will continue increasing through 2029 before reverting to $10,000 in 2030.
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
A New York Federal Reserve survey shows Americans are growing more pessimistic about their finances, with expectations that inflation will worsen over the coming year.
Trending COVID 19 News
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Okta’s shares surged 20% after the identity software provider topped fiscal second-quarter estimates, with revenue climbing 11% and AI-related deals driving significant new product adoption.
CrowdStrike jumps 11% on record second quarter as ‘Mythos moment’ drives AI cyber wave
CrowdStrike surged over 11% after reporting record fiscal second-quarter results, with revenue up 26% year-over-year as demand for AI security solutions intensifies.
Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell shares surged 9% after reporting fiscal second-quarter results and raising full-year guidance, driven by strong demand for AI infrastructure servers.
Oracle posts 30% revenue growth fueled by AI cloud demand as debts hits $125 billion
Oracle reported 30% revenue growth for the latest quarter, beating estimates, with cloud revenue surging 62% and the company guiding to 30% to 34% growth for the next quarter.
CoreWeave (CRWV) Is Charging More for AI Compute, and Customers Keep Paying
CoreWeave raised prices for AI computing capacity, with new contracts fetching roughly $40 million in annualized revenue per megawatt, though the company continues operating at a loss.
Infosys (INFY) Lands a Brake Maker as Growth Stays in Low Gear
Infosys secured a long-term software management contract with brake maker Knorr-Bremse, though revenue growth remains subdued at 2.4% year-over-year despite AI representing 8.2% of quarterly sales.
Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate
Ferguson Enterprises reported quarterly sales growth of 4.6% to $8.8 billion, but profit growth lagged as margins declined, signaling potential challenges ahead despite strong non-residential performance.
SpaceX Stock Has Gone Nowhere Since Its First Day of Trading
SpaceX shares closed at $152.71 on Friday, about 5% below their $160.95 first-day closing price from June 12, despite strong business fundamentals including 92% revenue growth.
Equinix Sees AI Driving Data Center Demand, Interconnection Growth
Equinix sees artificial intelligence driving demand for higher-capacity data centers and interconnection services, with its interconnection business growing 9% and management projecting 9%–12% annual adjusted funds from operations per-share growth through 2029.
Interactive Brokers (IBKR) Turns Every Revenue Dollar Into 77 Cents of Pretax Profit
Interactive Brokers reported earnings of $0.69 per diluted share for the quarter ended June 30, with net revenues rising to $1.90 billion and a pretax margin reaching 77%.
Prudential (PRU) Is Leaving Emerging Markets, And This $185M Sale Proves It
Prudential Financial announced the sale of its stake in Alexforbes to multiple buyers for approximately $185 million, marking a strategic exit from emerging markets as the company refocuses operations.
Lincoln 1-2 Swansea: Vitor Matos’ Swans go top after comeback win
Swansea defeated Lincoln 2-1 in a comeback victory to move atop the Sky Bet Championship table, with Stephen Eustaquio scoring the decisive goal after the hosts led at halftime.