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Iran Signals Acceptance of Draft Deal to Reopen Hormuz and End Oil Sanctions

A draft memorandum of understanding between Iran and the United States would reopen the Strait of Hormuz and lift oil sanctions on Tehran, Iranian state media reported on Friday. According to the report, the document includes a US commitment to lift sanctions, withdraw forces …

Nitish Kishor | 12 June 2026

Nasdaq-100 Rally Gains Momentum as Growth Stocks, AI Trade and SpaceX IPO Buzz Lift Wall Street

Growth stocks reignited this week, with the Nasdaq-100 leading Wall Street higher in a session that underscored the renewed appetite for technology and innovation. After a period of consolidation, the market’s largest growth companies sprang back to life, pulling the broader market up with …

Nitish Kishor | 12 June 2026

I Asked ChatGPT How to Generate $2,000 Monthly in Passive Income - Here's Whether AI Financial Planning Is Actually Good Advice

In a world increasingly dominated by artificial intelligence, the prospect of leveraging tools like ChatGPT for financial planning is appealing. When tasked with crafting a strategy for generating $2,000 in monthly passive income, ChatGPT proposes a hefty capital requirement of approximately $480,000 to $600,000, …

Nitish Kishor | 12 June 2026

US Sector Momentum Analysis: Broad-Based Improvement Signals Expanding Market Leadership

The Relative Rotation Graph (RRG) for June 11, 2026, highlights a constructive backdrop for US equities as sector leadership broadens beyond Technology. While Technology remains a dominant performer on a relative basis, momentum is increasingly shifting toward cyclical and value-oriented sectors, including Materials, Industrials, …

Robert Luong | 11 June 2026

US Sector Performance Analysis: Technology Leads Broad-Based Rally as Cyclical Sectors Drive Market Higher

The US equity market delivered a powerful rally on June 11, 2026, with nearly every major sector closing in positive territory. Unlike recent sessions characterized by defensive positioning, investors aggressively rotated into growth and cyclical industries, fueling broad-based gains across the market.

Robert Luong | 11 June 2026

US Universities Boost Financial Risk as Federal Funding Pressures Grow

University endowments have long played a critical role in funding scholarships, research programmes and operational expenses. In recent years, however, financial pressures have encouraged many institutions to place greater emphasis on investment performance as a source of budget support.

Nitish Kishor | 11 June 2026

Wall Street Rebounds as Traders Race Back Into Chip Stocks After Sharp Selloff

The rally was driven primarily by semiconductor companies, many of which recovered a substantial portion of their previous session losses. Buyers returned to AI infrastructure, memory and networking stocks, helping lift major technology benchmarks.

Nitish Kishor | 11 June 2026

Voters Blame Trump for Inflation and Grocery Prices, What the Polls Mean for the Midterms

Inflation has re-emerged as a central fault line in U.S. politics, with polling data and political commentary pointing to growing voter frustration over the cost of groceries, fuel, and everyday goods. The Iran war, which began with U.S. and Israeli strikes on February 28, …

Nitish Kishor | 11 June 2026

U.S. Producer Prices Beat Forecasts Again, What the Numbers Actually Showed

U.S. producer price data released Thursday delivered a second consecutive above-forecast monthly reading, reinforcing concerns about persistent wholesale inflation at a time when the Federal Reserve faces increasing pressure to tighten monetary policy.

Nitish Kishor | 11 June 2026

Trump Vows to Seize Iran's Kharg Island and Take Total Control of Its Oil Markets

U.S. President Donald Trump issued his most direct threat yet against Iran's energy infrastructure on Thursday, warning via Truth Social that the United States would strike Iran "VERY HARD TONIGHT" and would eventually seize Kharg Island, the country's central crude oil export terminal. Trump …

Nitish Kishor | 11 June 2026
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