In 2025, AI stocks like Oracle and Confluent have seen a decline in share prices due to market turmoil and recession fears. Despite this, both companies have shown strong financial performances driven by AI adoption, leading analysts to expect a comeback in the near future. Oracle’s cloud infrastructure services have experienced a surge in demand for AI workloads, resulting in a 63% year-over-year increase in contract value, while Confluent’s data streaming platform is poised for growth with a PEG ratio of 0.52 and projected earnings growth of 22% in 2025.
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Unemployment claims rise to highest level in 8 months, signaling slowdown in job market
Initial claims for U.S. unemployment benefits rose to 247,000 last week, the highest in eight months, indicating potential labor market weakness amid tariff concerns. Although overall unemployment filings remain low at 1.9 million, the increase in jobless claims suggests broader workforce shifts, as hiring rates slow and layoffs rise, particularly among large companies like Procter & Gamble and Walmart. The Labor Department's upcoming report is expected to show a decrease in job additions for May,...
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