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Visa and Mastercard Win Preliminary Approval for $38 Billion Swipe Fee Settlement
Visa and Mastercard Win a significant legal victory after receiving preliminary approval for a proposed $38 billion swipe fee settlement. The agreement represents one of the largest antitrust settlements in U.S. history and could reshape the relationship between merchants, payment processors, and consumers. The settlement addresses long-standing disputes over interchange fees, commonly known as swipe…
Oracle Corp (NYSE: ORCL) Dips Ahead of Q4 Earnings: $553B AI Backlog Is the Number That Matters Most
The market is holding its breath. Oracle Corp (NYSE: ORCL) reports fiscal Q4 2026 results after the market closes on June 10, 2026, with a conference call and webcast scheduled for 5:00 PM ET. ORCL traded between a session low of $197.79 and a high of $220.50 on June 10, with the stock sitting at…
Markets Under Pressure Ahead of CPI Report as Inflation Forecast Hits 4.2% and Brent Crude Rises to $93
Global markets turned cautious on June 10, 2026, as investors awaited the latest U.S. Consumer Price Index (CPI) report. Economists expect inflation to rise to 4.2%, while Brent crude oil has climbed to around $93 per barrel, adding fresh pressure on prices across the economy. These developments have increased concerns about future interest rate decisions…
NVIDIA Corp (NVDA -0.22% / -1.78% Pre-Market) Leads AI Chip Stocks Drop as AMD (-3.02%), Intel (-2.13%), and Micron (-1.41%) Decline
NVIDIA shares fell 1.78% in pre-market trading on June 10, 2026, leading a broader decline across AI chip stocks. AMD dropped 3.02%, while Intel and Micron also traded lower as investors reacted to renewed concerns over inflation, interest rates, and technology valuations. The selloff comes after a powerful AI-driven rally that pushed semiconductor stocks to…
Toyota Motor Corp (TYO: 7203) Slips 0.57% (-16 JPY) After Filing Latest Securities Report in Japan
Toyota Motor Corp shares declined 0.57% or 16 JPY in recent trading after the company submitted its latest securities report in Japan. While the decline was relatively modest, investors closely monitored the filing for insights into the automaker’s financial position, business strategy, and future growth outlook. The movement reflects the cautious sentiment currently present across…
Intel Corp (NASDAQ: INTC) Shares Drop 2.1% as Stock Falls to $99.46 Before Closing at $107.92
Intel Corp (NASDAQ: INTC) saw a volatile trading session, reflecting mixed investor sentiment in the semiconductor space. Shares of Intel Corp dropped around 2.1% during the session, falling as low as $99.46 before recovering and closing stronger at $107.92. This kind of price action shows something important. The market is not moving in one direction….
Social Security Retirement Fund Depletes in 2032, 22% Benefit Cut Looms
Social Security’s retirement trust fund depletes in 2032, triggering a 22% automatic benefit cut unless Congress intervenes.
Trump Administration Fights $166B Tariff Refund Order, June 10
Trump administration appeals order to refund $166 billion in illegal tariffs imposed under IEEPA authority.
Japan’s Top Banks to Launch Stablecoin Initiative by 2027 in Major Digital Payments Push
Japan’s three largest banking groups, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, are preparing to launch a jointly backed Stablecoin by March 2027. The initiative is one of the country’s largest blockchain finance projects and aims to modernize Japan’s payment infrastructure, which processes trillions of yen in transactions annually. The…