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Travel insurance can save your budget when a covered emergency ruins a trip. But standard trip cancellation benefits come with a catch: Your reason has to be on the policy’s approved list.
Cancel for any reason travel insurance (CFAR) gives you more wiggle room than a standard plan does. CFAR won’t refund everything, and it isn’t cheap — but if you’re planning an expensive trip, it could be the difference between losing your entire prepaid costs and recouping a portion of your money.
Here’s everything you need to know.
Cancel for any reason travel insurance is an optional upgrade that gives you more flexibility to cancel your trip.

Jackson Peak Capital, an investment management firm, released its first-quarter 2026 investor letter. Jackson Peak Capital employs a concentrated long/short equity approach to deliver strong absolute returns across various market conditions. A copy of the letter is available to download here. In Q1 2026, Jackson Peak returned -21.0%, net, in a challenging environment. The underperformance in Q1 was driven by an increase in tech exposure, adverse movements in certain positions, and the lack of expected catalysts. The ACWI returned -2.2%, and the HFRX Equity Hedge Index returned -1.5% during the same time. The firm expects a strong Q2 start as AI acceleration and easing geopolitical tensions favor positions. At Q1’s end, net exposure was 36%, up from 25% from Q4's end, with confidence in AI infrastructure, energy, compute, data center buildout, and event-driven positions. In addition, please check the fund’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Jackson Peak Capital highlighted Zoom Communications, Inc. (NASDAQ:ZM). Zoom Communications, Inc. (NASDAQ:ZM) is a leading US-based technology company that offers an Artificial Intelligence-first open work platform for human connection. On June 1, 2026, Zoom Communications, Inc. (NASDAQ:ZM) closed at $111.62 per share. One-month return of Zoom Communications, Inc. (NASDAQ:ZM) was 1.19%, and its shares gained 36.33% over the past 52 weeks. Zoom Communications, Inc. (NASDAQ:ZM) has a market capitalization of $32.73 billion.
Jackson Peak Capital stated the following regarding Zoom Communications, Inc. (NASDAQ:ZM) in its Q1 2026 investor letter:
"Zoom Communications, Inc. (NASDAQ:ZM) was a contributor as an event-driven trade. We initiated the position to capture a re-rating driven by ZM's stake in Anthropic and the significant ramp in Anthropic's ARR and valuation during the quarter. The position had attractive downside protection given ZM's execution, valuation, and the discount the market was applying to the Anthropic stake."
Zoom Communications, Inc. (NASDAQ:ZM) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 60 hedge fund portfolios held Zoom Communications, Inc. (NASDAQ:ZM) at the end of the first quarter, up from 57 in the previous quarter. In the first quarter of fiscal 2027, Zoom Communications, Inc.'s (NASDAQ:ZM) total revenue grew 5.5% year-over-year to $1.24 billion or 4.6% in constant currency. While we acknowledge the potential of Zoom Communications, Inc. (NASDAQ:ZM) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

MoneyGram has launched its own U.S. dollar-backed stablecoin on the Stellar (CRYPTO: $XLM) blockchain.
Privately held MoneyGram joins a growing list of payment companies and banks that are moving into stablecoins, or digital dollars as they’re known.
The new stablecoin from MoneyGram is called “MGUSD” and is embedded into the MoneyGram app, allowing customers to hold a dollar-denominated balance in a self-custodial digital wallet.
More From Cryptoprowl:
Ripple, The Company Behind XRP, Is Valued At $50 Billion

June 3 (Reuters) - Applied Aerospace & Defense achieved a valuation of $3.54 billion after its shares opened 3.8% above the offer ‌price in their New York Stock Exchange debut on Wednesday, ‌setting the tone for a busy week of initial public offerings.
The stock opened at $20.75 apiece, compared with the offer price of $20. The Huntsville, Alabama-based ******* e and defense hardware provider raised $650 million in the IPO by selling 32.5 million shares within the marketed range of $18 to $21 apiece.
Seven companies spanning ‌AI infrastructure to software ⁠are slated to go public in New York this week, tying the record for the busiest week ⁠since 2021, according to Renaissance Capital, a provider of IPO-focused research and ETFs.
Defense tech has also been a recurring theme in the IPO market since April as issuers look to capitalize on structural tailwind stemming from ‌the Middle East conflict.
Middle-market-focused buyout firm Greenbriar Equity Group combined portfolio companies Applied Aerospace and PCX Aerosystems last year to form Applied Aerospace & Defense.

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Artificial intelligence is rapidly changing how investors find opportunities, from everyday retail traders to some of Silicon Valley’s most successful venture capitalists.
Billionaire investor Tim Draper, whose early bets included Tesla, Skype and Coinbase (1), says AI has made him roughly 75% more productive, per Inc (2). At Draper ****** ociates, AI now helps evaluate startup pitch decks (3), screen hundreds of applications each week and identify promising companies hidden within massive datasets.
Here’s how to get rich from rising US property values with as little as $100 — and without the stress of angry tenants
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s how to fix it ASAP

What happened: MGM Resorts International (MGM) stock jumped 16% on Monday.
What’s behind the move: People Inc., the media company run by billionaire Barry Diller, submitted a bid to take over MGM for $18 billion, including debt.
People Inc., which already owns a 26.1% stake in MGM, submitted a letter to the company to acquire the remaining outstanding shares of the resort and casino company for $48.30 per share in cash, representing a 24% premium to the average price of MGM’s stock over the past 30 days.
What else you need to know: In a letter to MGM’s board of directors, Diller said his conviction in MGM’s business has strengthened and that People could enhance the company’s value, given its deep familiarity with the business.
"We continue to believe the market materially undervalues the power and durability of MGM's ******* ets,” People Inc. chair Diller said. “We believe MGM’s management team is superb, and that there is a compelling opportunity to support MGM’s next phase of growth and help unlock its full value.”

Rising layoffs, economic uncertainty, the threat of AI. Young Americans have rarely been more pessimistic about the job market — and it’s pushing some to reconsider their career paths. A growing number of young people are eyeing the skilled trades, hoping it’ll bring stability and six-figure salaries.
For Matt Panella, the trades brought exactly that. At just 15 years old, Panella faced a life-changing decision when his now-wife became pregnant with their first child. Panella’s school tried to encourage him to follow a traditional path and still apply for college. He took a different route instead.
Prime US real estate was a rich person's game — then something changed. Now everyday Americans are getting a piece of the action for as little as $100
Millionaires under 43 are reshaping investing — just 25% of their portfolios are in stocks. Here’s where their money is going
Robert Kiyosaki says this 1 ****** et will surge 400% in a year and begs investors not to miss this ‘explosion’

We just covered From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and Broadcom Inc. (NASDAQ:AVGO) ranks 4th on this list.
Broadcom Inc. (NASDAQ:AVGO) is a new addition to the 13F portfolio of Situational Awareness LP. The fund declared a new stake in the company in filings for the first quarter of 2026. This stake consists of PUT bets worth close to 3 million shares. Previously, Leopold Aschenbrenner had bought a stake in this chip giant in the third quarter of 2025. This position consisted of PUT bets worth 230,000 shares and was sold off completely by the next quarter. In addition to Leopold Aschenbrenner, other elite money managers with bearish bets on Broadcom include Ken Griffin, Israel Englander, Sander Gerber, Matthew Hulsizer, and D.E. Shaw. The bet against Broadcom aligns with a broader bet against semis that is a central theme of the latest 13F filings by Leopold Aschenbrenner.
Broadcom Inc. (NASDAQ:AVGO) does not sell general-purpose GPUs like NVIDIA. The AI growth of the firm is driven by designing custom AI accelerators and high-speed Ethernet networking for cloud giants. This business relies heavily on a concentrated base of six major hyperscaler customers, including Alphabet, Meta, and OpenAI, for AI revenues. Even though the AI-specific backlog sits at $73 billion, pushing AI-related revenue up to 44% of the total sales mix, short-sellers have pointed out that cloud customers are using Broadcom as a stepping stone while they build out internal engineering teams to design their own proprietary custom silicon.
While we acknowledge the potential of AVGO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Growth Stock Portfolio: 12 Stock Picks by Carl C. Icahn and Chris Rokos Stock Portfolio: Top 10 Stock Picks.

Ulta Beauty, Inc. (NASDAQ:ULTA) was among the stocks Jim Cramer was focused on, as he discussed Mad Money’s latest game plan for the week. Cramer highlighted the recent price revision by a Wall Street **** yst, as he remarked:
Then there’s Ulta Beauty. Now, we went to see them not that long ago. You know, the stock’s down 15% this year, and today, an **** yst cut their price target ahead of the quarter next Tuesday after the close. Maybe the **** yst knows something. I don’t know. It was jarring.
A stock market chart. Photo by Arturo A on Pexels
Ulta Beauty, Inc. (NASDAQ:ULTA) provides cosmetics, skincare, haircare, and fragrance products. In addition, the company offers in-store beauty services, including hair, makeup, brow, and skin treatments. During the March 23 episode, Cramer mentioned the stock and said:
On a day when beauty conglomerate Estee Lauder confirmed it’s in discussions to combine with Spanish cosmetics company, Puig, an announcement that caused Estee Lauder’s stock to fall 7.7%, we thought it might be a good time to check in with Ulta Beauty. That’s long our favorite cosmetics retailer. About a week and a half ago, Ulta Beauty reported a mixed quarter with strong same-store sales, but also higher-than-expected costs that translated into a legitimate earnings miss. The next day, the stock tumbled 14%, and it’s now down almost 28% from its February all-time highs, a perch it is rarely that far from… We think it is a very good price… Consider today’s trip to Ulta Beauty. Kecia Steelman, a 35-year veteran of retail, told us a tale of non-promotion, of a consumer that’s spending upfront where the more expensive goods are and also on the sides and in the back where you can find bargains. I was surprised that high price point merchandise up front was moving well, good gross margins.

US stocks were mixed early Monday as investors eyed US-Iran peace talks and Nvidia’s (NVDA) new laptop chip as markets faltered after reaching record highs in May.
The Dow Jones Industrial Average (^DJI) fell 0.2%. The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) wavered near the flat line as announcements from the Computex Taipei conference boosted tech stocks, offsetting weakness elsewhere.
Markets entered June weighing conflicting signals on an interim Middle East peace deal awaiting President Trump’s approval. On Monday, Trump posted on Truth Social that “it will all work out well,” even after the US and Iran traded fire over the weekend.
A report Monday morning from Iran’s semi-official news agency Tasnim that Iran suspended talks with the US over Israel’s actions in Lebanon and Gaza added to uncertainty around the deal and helped push oil prices higher.
US benchmark West Texas Intermediate (CL=F) crude rose 6% to $92 a barrel, while Brent (BZ=F) crude gained 5% to $95. Despite the rebound, WTI logged its biggest monthly decline since April 2025, falling nearly 17% in May.

As the Nasdaq and other major market indexes soar, artificial intelligence powerhouses like Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL) and Nvidia (NVDA) trade at or near their all-time highs, The latest How To Invest newsletter discusses how to handle the current environment with a look at how to trade this power trend while investors also wonder how long it will last.
Recent action puts two concepts into focus: FOMO (fear of missing out) and FOMU (fear of messing up). To keep both emotions in check, use a proven investing routine. It helps investors stay both profitable and protected with guidelines for how to buy stocks and when to sell.
As IBD Senior Market Strategist and IBD Live panelist Mike Webster wrote in an Investor's Corner article, "Sir Isaac Newton would be a huge fan of the IBD Market School's Power Trend. A market in motion tends to stay in motion. Power trends help to get you in and to keep you in when the stock market is in an unusually strong uptrend."
Of course, there's a flip side. While investors take advantage of the market's rise, they also need to know when to lock in profits.
When the stock market keeps notching new highs, investors should avoid FOMO by resisting the temptation to blindly chase highfliers like Nvidia, Apple and Alphabet. Instead of just jumping in at any point, use stock charts to pinpoint optimal buy points to start a new position or add to an existing one.

(By Oil & Gas 360) – May may ultimately be remembered as the month energy markets stopped treating geopolitical disruption as temporary and started pricing it as structural.
What began as rising tension around the Strait of Hormuz evolved into something broader: tighter inventories, shifting trade flows, renewed LNG urgency, and growing concern that the global energy system has far less flexibility than many ******* umed. By month’s end, the market was no longer simply reacting to headlines, it was reassessing the reliability of supply itself.
No single issue shaped May more than the Strait of Hormuz.
Concerns over shipping disruptions, naval activity, export slowdowns, and possible blockades repeatedly pushed oil prices higher throughout the month. Producers, refiners, traders, and governments were forced to reassess the reliability of the world’s most important energy corridor.
Yet by month-end, reports of a potential U.S.–Iran agreement triggered a sharp reversal in sentiment. Oil prices slipped as markets anticipated a reopening of Hormuz shipping routes, with Brent on track for its worst monthly performance since 2020.