Author: Admin

Americans are opting out of the Affordable Care Act, and health insurance companies are taking a financial hit.

Oracle shares rose as much as 10% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections and boosted its revenue guidance for fiscal 2027.Oracle sees $1.92 and $1.96 in adjusted earnings per share for the fiscal fourth quarter, with revenue growth between 19% and 20%. LSEG’s consensus included $1.70 per share and 20% revenue growth.Here’s how the company did in the quarter relative to LSEG consensus:Earnings per share: $1.79 adjusted vs. $1.70 expectedRevenue: $17.19 billion vs. $16.91 billion expectedOracle’s overall revenue increased 22% year over year in the fiscal third quarter, which…

Check out what’s clicking on FoxBusiness.com. The Food and Drug Administration on Monday announced a recall for clams and raw oysters over concerns that they may be contaminated with norovirus, a contagious infection commonly known as the stomach flu. The recall affects Manila clams harvested by Lummi Indian Business Council that were distributed to restaurants and food retailers in nine states, including Arizona, California, Florida, Georgia, Illinois, Nevada, New York, Oregon and Washington. The FDA said the clams may have been distributed to other states as well.The oysters were harvested by Drayton Harbor Oyster Company and distributed in Washington state. Both…

A liquefied natural gas, or LNG, tanker on a digital screen at the Qatar Economic Forum in Doha, May 20, 2025.Christopher Pike | Bloomberg | Getty ImagesOil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait’s closure may be more extreme for the liquefied natural gas market. That’s in part because it’s more difficult to move than crude oil, and LNG production is more concentrated.Roughly 20% of global LNG flows through the Strait — the majority of which is exported from Qatar — and global gas prices are…

In decentralized finance (DeFi), the concept of collateral has long been tied to raw asset value—how much crypto a borrower locks up to secure a loan. But what if collateral could carry more than just value? What if it could also carry trust? Enter Collateral Reputation Tokens (CRTs), a groundbreaking innovation that introduces a “trust score” into the lending process, reshaping risk assessment in multi-chain finance.What Are Collateral Reputation Tokens?Collateral Reputation Tokens are digital assets that embed a reputation score derived from a borrower’s historical behavior across blockchain networks. Unlike traditional collateral, which is purely quantitative, CRTs incorporate qualitative insights…

Stocks fell sharply on Monday at the open but, as expected, snapped back throughout the day as volatility eased. The market got an extra bit of juice later in the day on headlines that the war may be over soon. The primary problem from a bullish standpoint is that today is a settlement date of roughly $15 billion in T-bills. The stats suggest there is about a one-third chance the market rises today, while two-thirds of the time it is down on settlement dates. It could be one of those days, I guess, where volatility overrides the settlement date, and…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxMore than 3.4 billion digital wallets are already in use worldwide, powering close to $9 trillion in annual payments. By 2026, digital wallet adoption is expected to rise to 5.4 billion users, cementing e-wallets as one of the most dominant financial tools on the planet.Yet, despite these transaction volume surges, margins remain as thin as ever. Payment processing has become a scale game, with high-volume, low-yield written all over it.How do banks, fintechs, and payment providers turn these high-volume, low-margin transactions into sustainable profit? Is there a way…

Key PointsBought 367,572 shares of ACWX with an estimated trade size of around $24.35 million.Quarter-end stake value rose by $24.70 million.Transaction represented 1.08% of 13F reportable assets under management (AUM).Post-trade holding: 380,959 shares valued at $25.57 million.ACWX now comprises 1.13% of the fund’s AUM, which places it outside the fund’s top five holdings.10 stocks we like better than iShares Trust – iShares Msci Acwi Ex U.s. ETF ›What happenedAccording to a Securities and Exchange Commission (SEC) filing dated Feb. 17, 2026, Integrated Advisors Network LLC increased its position in iShares Trust – iShares MSCI ACWI ex U.S. ETF (NASDAQ:ACWX) by…

Cotton futures are up 15 to 51 points across most contracts. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. The US dollar index is back up $0.116 at $99.095.CFTC reported managed money increasing their net short position in cotton futures and options by 7,569 contracts as of 3/3, taking the net position to 72,937 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   The Seam showed sales of 848 bales on March 6, averaging 58.05 cents/lb. The Cotlook A Index was down 10…

It is an exceptionally difficult time to find a job in America, as employers work through a hiring hangover from the pandemic and hesitate to invest in new staff with policy changes coming fast and furious from Washington.But the picture is even worse without one sector: health care.The industry, and related professions in the social assistance category, added 693,000 positions last year. Without it, the economy would have lost 570,000 jobs, as business and professional services, retail, the federal government and manufacturing all contracted.Health care’s insatiable growth is good news for people who make it into the profession, offering mobility…