U.S. Stocks Soar on Softer Inflation, Fed Rate Cut Hopes Ignite!

Stocks in the U.S. shot up today as cooler inflation numbers sparked dreams of a Fed rate slash!

Stock indices in the U.S. flipped from morning dips to gains, riding the wave of a softer consumer price index that could ease money policies. Tuesday, June 12, saw the Dow Jones pop 0.17%, or 70 points, with the S&P 500 and Nasdaq both climbing 0.35%.

These tamer inflation stats are still stirring traders, who are betting on rate cuts after last month's chill CPI numbers. But the Fed's playing it cool, wary of U.S. tariffs on big trade buddies possibly firing up inflation again.

The White House isn't backing down, though. President Trump doubled down Thursday, demanding a one-point rate cut from the Fed. He backed off from firing Fed Chair Jerome Powell but hinted he might need to "force something" on those rates.

Boeing Plummets 4.5%, Oracle Rockets to ATH!

Boeing's stock nosedived 4.5% today, dragging down the Dow Jones after a deadly Dreamliner crash in India. This latest disaster just piles onto a year of scandals, starting with a plane door flying off mid-flight. Whistleblowers then dropped bombshells about safety shortcuts and coverups at the company.

2024's been a wild ride for Boeing, with one revelation after another rocking the aviation giant.

Meanwhile, Oracle's stock blasted off 14% to a record high after smashing Wall Street's earnings forecasts. They upped their 2026 revenue target to $67 billion from $66 billion, thanks to skyrocketing demand for their AI-powered cloud services.

Oracle's cloud raked in 14% more cash this quarter, all thanks to their slick, built-in AI that's got clients hooked.