Author: Arabian Media staff
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Image: Getty Images Oracle‘s shares rose on Thursday, extending a record run from the previous session and boosting stocks across the tech sector, as the company moves closer to the trillion-dollar club on soaring gains from its AI cloud business. The enterprise software maker’s remarkable rise, fuelled by a wave of multi-billion-dollar cloud deals, highlights the scramble for computing power as companies pour billions into becoming leaders in the AI race. The stock’s gains also position Oracle co-founder Larry Ellison on track to surpass Elon Musk, currently the world’s richest man. “Oracle lit a fire under the rekindled AI trade,”…
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Key Takeaways Housing demand continues to outpace supply, driving up prices nationwide for home buyers and renters. High mortgage rates are pricing out some buyers while discouraging existing homeowners to sell.Restrictive local zoning regulation can make it harder to build new homes, driving up the cost of housing in those communities.Institutional buyers are also buying homes as investments, taking them off the market and reducing supply. For many Americans, the prospect of homeownership is becoming increasingly unattainable. While prices rise, the number of homes on the market has actually decreased, leaving many to wonder if they will ever be able to…
When options reach their expiration date, what happens next isn’t only about whether you made or lost money—it’s about other results that can affect your trading account and obligations. Options contracts follow specific rules that determine whether they have value and what you might have to do next. The rise of digital trading has expanded options expiration choices beyond traditional monthly contracts to include weekly and even same-day expirations. This variety allows traders to better match their market outlook with their trading timeline, whether they’re looking to profit from earnings announcements or hedge longer-term positions. Understanding what happens at expiration…
As of 2025, eight states don’t levy income taxes: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, and Wyoming. Washington does not tax income but does place a levy on the capital gains of certain high earners. Of course, this doesn’t mean that residents of these states don’t pay state taxes, as some of these states still levy taxes on property and sales. While living in one of these states may lower your overall tax burden, you should consider other taxes and the cost of living before considering changing your home state. Key Takeaways Eight U.S. states impose no…
The home mortgage interest deduction (HMID) allows homeowners who itemize on their tax returns to deduct mortgage interest paid on up to $750,000 worth of their loan principal. The HMID is one of the most cherished American tax breaks. Realtors, homeowners, would-be homeowners, and even tax accountants tout its value, but the myth no longer lives up to the reality for many homeowners. Key Takeaways The home mortgage interest deduction (HMID) allows homeowners to deduct mortgage interest paid on up to $750,000 of their loan principal.The maximum mortgage principal eligible for deductible interest was reduced from $1 million to $750,000…
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When it comes to managing your life as a retiree, you’ll need to keep abreast of the yearly Social Security tweaks and adjust your budget accordingly. This includes not only the amount you’ll receive but also when benefit payments are distributed. This schedule varies from person to person. To help you keep track of your Social Security benefits, Investopedia has put together a Social Security benefits payment schedule for 2025, which can be found below. Key Takeaways Depending on the day you were born, Social Security retirement, disability, and survivor benefits are distributed on the 2nd, 3rd, or 4th Wednesday…