Tensions rise in the Middle East as Israel and Iran clash.
Happy Friday! Looks like it’s going to be a hectic weekend in DC: In today’s issue: The latest on the Israeli-Iran tensions Trump convenes the National Security Council Concerns about World Orthodontics amidst the potential for war Weather predictions for the Trump Parade The Pope set to address an audience in Chicago on Saturday This […]
Oil prices rise following Israeli attacks on Iranian nuclear sites
Rep. Jay Obernolte from California spoke with Maria during morning news to discuss the recent Israeli attacks on Iranian military targets and how these relate to prior warnings from Donald Trump. On Friday, oil prices surged following Israeli strikes on Iran’s nuclear installations. The U.S. West Texas intermediate price climbed about 6%, reaching $72 per […]
Consumer Attitudes Rise as Inflation Worries Decrease and Tariff Plan Clarifies
Consumer Sentiment Sees Notable Increase in Early June In early June, consumer sentiment experienced a significant rise, the first uptick in six months, marking its most considerable monthly increase since January 2024, based on preliminary figures released by the University of Michigan. The university’s consumer sentiment index climbed to 60.5 early in June, up from […]
Newsom says Trump isn’t fully present as tensions rise between California and the White House
Newsom Critiques Trump’s Mental State in Recent Interview California Governor Gavin Newsom has suggested that President Donald Trump appears to be mentally unstable in a recent interview while making a pointed comparison to Joe Biden. Speaking on “The Daily,” a podcast by the New York Times, Newsom criticized Trump’s perception of reality, especially regarding the […]
S&P 500 Moves Today: Oracle Shares Rise to Record High Following Strong Earnings
Key takeout The S&P 500 increased by 0.4% on Thursday, June 12th, 2025, following news that wholesale inflation rates in May were lower than anticipated. Oracle anticipates strong revenue growth in its cloud infrastructure segment, with its shares performing notably well on the S&P 500. Boeing’s stock took a hit after one of its 787-8 […]
Reasons Oracle could rise another 70%, according to investor Victoria Greene
Oracle and Other Stocks under Scrutiny While Oracle’s stock seems to be gaining momentum with its recent revenue growth, it’s still quite elevated, according to Victoria Greene, chief investment officer at G Squared Private Wealth. During a segment on CNBC’s “Power Lunch,” she highlighted three companies, two of which are on her buy list, and […]
Fintech Chime Sees 37% Rise in Its First Day After $864 Million IPO
Chime Financial’s Successful Trading Debut Chime Financial Inc. made a strong entrance into the market, seeing its stock rise by 37% on its first day of trading. The initial public offering (IPO) raised $864 million, marking it as the sixth largest in the U.S. The shares debuted at $43, which is a whopping 66% increase […]
Tensions rise as governors from blue states clash with Republicans during a heated hearing
Contentious exchanges unfolded on Thursday as a group of Democratic governors squared off with Republicans during a lengthy House Oversight Committee hearing centered on immigration policy. The nearly eight-hour session featured New York Governor Kathy Hochul, Illinois Governor JB Pritzker, and Minnesota Governor Tim Walz. Originally scheduled for last month, the discussion took on added […]
Wholesale prices rise less than anticipated before next week’s Fed meeting
Wholesale prices in the U.S. have seen a slight increase since last month, but inflationary pressures appear to be under control. The Labor Bureau reported that producers’ price indexes—a measure of inflation experienced by producers before it reaches consumers—rose by 2.6% year-over-year in May. From April to May, producer prices ticked up by 0.1%, following […]
EUR/USD continues to rise on soft US CPI, approaches 1.15
EUR/USD Progresses as US Inflation Dips, Prompting Potential Fed Rate Cuts EUR/USD shows momentum following a lower-than-expected US inflation report. Trump advocates for a one-point reduction in the Fed funding rate following CPI data. ECB policymakers remain cautious, indicating the need for further adjustments based on the inflation outlook. During the North American trading session, […]