Federal Financial Watchdog Ordered to Cease Activity

As of 2023, Americans aged 60 and older hold approximately $125 billion in student loans, with around 452,000 borrowers aged 62 and older in default. Starting in June, the Trump administration will resume aggressive collection efforts that were paused during the COVID-19 pandemic, potentially impacting Social Security benefits for borrowers unable to repay their loans. Those receiving Social Security may face reductions in their benefits to cover outstanding loan amounts, whether they took out loans...

A Wall Street analyst has expressed strong optimism for building products distributor QXO (NYSE: QXO), leading to a notable increase in investor interest. As of 10:30 a.m. ET, shares of QXO surged by 12% following Wolfe Research's announcement of a target price that is over 150% higher than the previous closing price. This positive outlook has significantly impacted the stock's performance, drawing attention from the market. Full Article

Investors can find a variety of exchange-traded funds (ETFs) tailored to their specific investment strategies, whether they focus on dividends or growth. For growth investors, two notable long-term options are the iShares Exponential Technologies ETF (NASDAQ: XT) and the Invesco QQQ Trust (NASDAQ: QQQ), both of which are regarded as promising investments. Additionally, thematic ETFs allow investors to focus on specific sectors or industries that resonate with broader themes. Full Article

On Thursday, satellite stocks, particularly Viasat (NASDAQ: VSAT), saw a boost, with Viasat's share price rising 2.6%, contrasting with the S&P 500's 0.5% decline. This uptick followed a public dispute on social media between President Trump and Elon Musk, who criticized Trump's One Big, Beautiful Bill amid its challenging progress in the Senate. The exchange highlighted the ongoing tensions between two prominent figures, contributing to Viasat's performance in the stock market. Full Article

In March 2020, predictions were made regarding Nvidia's business and stock performance over five years, concluding with a self-assessed grade of B or B+. From March 1, 2020, to March 1, 2025, Nvidia stock achieved a remarkable total return of 1,760%, significantly outperforming the S&P 500's 118% return, transforming a $1,000 investment into $18,600. As of June 4, while Nvidia's five-year return has adjusted slightly, the overall success of the predictions remains evident. Full Article

CrowdStrike (NASDAQ: CRWD) recently released its financial report as it approaches the one-year mark since a significant global outage in July 2024. The cybersecurity firm exceeded earnings per share (EPS) estimates while matching revenue, although it experienced declines in earnings, free cash flow, and annual recurring revenue (ARR) compared to the previous year. The company is making strides in recovery from the incident, as indicated by these financial results. Full Article