Recently, thousands of Australians faced a big problem. They could not access their money. This happened because of a major outage at the National Australia Bank, or NAB. Suddenly, many people were locked out of their bank accounts. No one could use the app, website, or even ATMs. Imagine needing to pay bills or buy…
In just one week, SMCI stock jumped an incredible 40%. That kind of rise is not something we see every day. SMCI, or Super Micro Computer, makes computer servers and hardware. Their products power big data centers and cloud services. This recent surge caught the attention of many investors and market watchers. We want to…
CoreWeave Stock is making headlines. The company just shared its first earnings after going public. And the numbers are big. Revenue jumped more than 400% compared to last year. That’s not something we see every day. So, what’s driving this growth? CoreWeave runs powerful data centers that help companies use artificial intelligence (AI). They don’t…
Boeing stock is flying high again. The company just got a huge order from Qatar. They agreed to buy 160 new jets. This big news came while former U.S. President Donald Trump was visiting the country. It’s not every day we see a deal worth nearly $200 billion. That’s right, this is one of the…
In April, the U.S. CPI inflation rate dropped to 2.3%. That’s the lowest level since 2021. Many experts were expecting a higher number. This caught everyone by surprise. We all feel inflation in our daily lives. From grocery bills to gas prices, everything adds up. When inflation goes down, it means things might not get…
Do you know that the U.S. and China are two of the biggest players in the global economy? When they make a deal, the whole world feels it, including tech companies like Meta. Even though Meta apps are banned in China, the company still gets affected by trade policies. That’s because global supply chains, digital…
Microsoft just made a big move. It laying off 6,000 workers. That’s about 3% of its total team. It’s a huge decision from one of the biggest tech companies in the world. We all know Microsoft for Windows, Office, and Xbox. But now, it’s focusing on something else, artificial intelligence. This shift means changes. And…
UnitedHealth Group is the biggest health insurance company in the U.S. It covers millions of people and plays a big role in the country’s healthcare system. But something big just happened. The CEO, Andrew Witty, has stepped down. This news surprised many people. He left at a time when the company was facing big problems,…
Intel (INTC) is making waves in the stock market. The company’s stock is leading a major rally in the chip sector, thanks to a pause in China tariffs. Intel (INTC) stock gains up to 4%. This unexpected break has sparked new hope for chipmakers like Intel. For months, these tariffs have caused uncertainty and higher…
Nvidia (NVDA) just gave us another big surprise. On May 12, NVDA Stock gains 5% in one day. That’s a strong move for a tech company already trading at high levels. What caused it? Many believe it’s the growing demand for AI chips. Others say it’s all about the futures market and investor excitement. Nvidia…