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Stock Market Today: The Dow Jones index rises Thursday ahead of a key inflation report. Nvidia chipmaker TSMC falls on August sales.
On this episode of Stock Movers: - PG&E (PGE) are extending their downward move as California legislators introduced a bill that would update the state's wildfire response without shifting liability away from publicly traded utilities. At least three research firms, including BMO Capital Markets and Wells Fargo, downgraded the stock. - Chevron (CVX) and ExxonMobil (XOM) shares are rising along with the price of oil. Washington and Tehran exchanged strikes for the first time in about a month, with US Central Command targeting rocket launchers preparing to send mines into the Strait of Hormuz. In response, the Islamic Revolutionary Guard Corps said that it had attacked US air bases in Jordan. - Nvidia (NVDA) shares are rising after the leader in AI chips dropped 4.6% Friday. It's the only stock rising in the Mag 7 on Monday.
Shares were mixed in Europe and Asia and U.S. futures declined Monday on expectations that the U.S. Federal Reserve may raise interest rates soon. Oil prices surged more than 3% after U.S. forces struck Iranian rocket launchers on the Strait of Hormuz, marking their first military action in a month. U.S. benchmark crude oil was trading 3.8% higher at $86.58 per barrel.
Data center developers are turning to bespoke natural-gas power plants, a development that promises to dramatically increase carbon emissions and make it harder for US technology companies to meet their lofty climate goals.
Oil dropped approximately 5% after planned U.S. strikes on Iran were canceled in favor of potential negotiations.
Wall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...
US stocks are set for a weaker start to the week after last week finished on a positive note, with technology shares expected to come under the most pressure as investors balanced renewed geopolitical tensions against a busy week for inflation data and the start of bank earnings...
America’s Big Oil groups are set to post record profits stemming from Donald Trump’s Iran war, setting them on a collision course with the US...
Trump is escalating pressure on oil companies, accusing them of price gouging and demanding gasoline prices fall toward $2.50 per gallon.
Eimear Bonner told CNBC that crude price declines take time to reach the pump, as Trump ordered the DOJ to investigate Big Oil
Investing.com -- President Trump announced Wednesday that the Department of Justice is investigating ExxonMobil, Chevron and other oil companies over elevated natural gas prices.
Trump said crude prices are “dropping like a rock.”
I have been watching oil market commentary for a while. CEOs tend to be measured. They speak in ranges. They qualify. They hedge. It has been 92 days since the U.S. and Israeli military campaign against Iran began on February 28, 2026. That is what made Chevron CEO Mike Wirth's remarks at the ...
President Donald Trump told the room he wants Kevin Warsh “totally independent” as he swore him in as Federal Reserve chairman Friday, then spent the next hour arguing the economy can boom without inflation. The price data has other ideas. Annual inflation hit 3.8% in April, the highest since 2023, up from 2.4% before the war with Iran closed the Strait of Hormuz and sent energy prices climbing. Core inflation held at 2.8%, well above the Fed’s 2% target. Crude has stayed nearly 50% above pre-co
Warren Buffett has spent decades doing one thing better than almost anyone on Wall Street. He buys when everyone else is nervous. And he sells when the crowd is most excited. That playbook appears to have driven Berkshire Hathaway's latest move in one of its most high-profile energy ...
PARR stock dips 13% after Q1 earnings miss estimates despite stronger refining margins and higher throughput volumes.
The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...
Chevron has agreed to sell several Asia-Pacific refining and retail assets to Japan’s Eneos for $2.17 billion, as it continues to streamline its international portfolio.
Oil companies entered earnings season with higher commodity prices at their backs, but investors are still watching one issue more closely than almost anything else: spending discipline. In the Morgan Stanley note given to TheStreet, analyst Devin McDermott and his team said oil exploration and ...
To hear the big bosses at Exxon Mobil and Chevron, the end of the Iran war won't bring an immediate major drop in oil prices, much less gasoline prices. Worse, it's not clear to Exxon's Darren Woods and Chevron's Mike Wirth are how fast the disruptions in the Persian Gulf can be unwound and traffic ...
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