Research spanning decades has established a striking and consistent link between World Cup soccer losses and declining national stock markets the following day. A landmark 2007 study published in the Journal of Finance examined 1,100 football matches and stock returns across 39 countries, producing some of the field’s most cited findings. The paper, authored by…

The technology sector endured its steepest selloff of 2026 in early June, with the Nasdaq Composite plunging 4% on June 5 alone. That single-session decline marked the Nasdaq’s worst performance since April 2025, rattling investors who had grown accustomed to a prolonged AI-fueled rally. The Philadelphia Semiconductor Index plummeted more than 10% that same day,…

Oracle (ORCL) shares fell in after-hours trading after the company reported its fourth-quarter and full fiscal year 2026 results, despite posting record revenues across key metrics. The tech giant reported Q4 total revenues of $19.2 billion, representing a 21% increase in USD terms, while non-GAAP earnings per share grew 24% to $2.11 for the quarter….

SpaceX is moving forward with a landmark IPO, planning to raise roughly $75 billion at $135 per share, implying a valuation of approximately $1.75 trillion. Trading is expected to begin June 12, positioning the offering as one of the most consequential market events in recent memory. At that valuation, investors are not buying an undiscovered…

SpaceX is preparing to launch one of the most anticipated public offerings in market history, targeting a valuation of roughly $1.75 trillion at $135 per share. The company plans to raise approximately $75 billion, with trading expected to begin on June 12, according to reporting on the deal. Jia Hao, an associate professor of finance…

Barclays strategists are sounding alarms over a proprietary gauge of market exuberance that has surged to its highest level in roughly two decades. The equity euphoria index, developed by Barclays strategists led by Venu Krishna, measures the percentage of stocks currently trading in what the bank calls “euphoric territory.” The indicator recently climbed to 10.7%,…

Medicaid rules around home ownership are widely misunderstood, and families navigating elder care decisions often face costly surprises if they fail to plan ahead. One of the most common concerns is whether Medicaid can force the sale of a home that an elderly parent shares with an adult child as co-owners. The short answer is…

SpaceX is targeting a historic initial public offering that analysts say could trigger massive capital movements across U.S. financial markets in a single trading session. The rocket and spacecraft manufacturer plans to sell 555.6 million shares, amounting to a $75 billion fundraise at the targeted offering price. Underwriters have an option to purchase an additional…

The Trump administration’s fiscal 2027 budget proposal calls for the complete elimination of a federal job training program for low-income older Americans. The Senior Community Service Employment Program, known as SCSEP, was created in 1965 under the Older Americans Act and has served vulnerable seniors for six decades. The program provides low-income adults aged 55…

Super Micro Computer (SMCI) shares fell sharply after the AI server maker announced a massive $7 billion equity financing package to fund component purchases. The company said it plans to raise $5 billion through underwritten stock offerings alongside a $2 billion at-the-market offering starting in July. JPMorgan Chase, Goldman Sachs, and Citigroup are arranging the…