Saudi state oil huge Aramco reported 112.81 billion riyal ($30.07 billion) in internet gain in the next quarter, in a sharp fall from the $48.4 billion recorded in the identical time period of very last 12 months amid a drop in hydrocarbon selling prices.
Second-quarter profit yet came a little bit over analyst expectations around $29.8 billion.
Analysts experienced predicted 2nd quarter financial gain of $29.8 billion.
This is a breaking information story and is becoming up-to-date.
As markets remain jittery amid still-shifting trade policy and geopolitical concerns, Wolfe Research is eyeing companies that steadily repurchase their own stock as a way to ride out the volatility. Wolfe’s consistent buyback basket screens for companies that have such a track record of stock repurchases that their share counts have fallen for at least […]
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With the autonomous vehicle (AV) industry poised to grow in coming years, several stocks could be a way to play the trend, according to Goldman Sachs. “Autonomous vehicles have arrived for both rideshare and trucking,” analyst Mark Delaney wrote in a note on Monday. “The key focus for investors is now on the pace at […]
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An AI assistant on display at Mobile World Congress 2024 in Barcelona. Angel Garcia | Bloomberg | Getty Images Artificial intelligence is shaking up the advertising business and “unnerving” investors, one industry leader told CNBC. “I think this AI disruption … unnerving investors in every industry, and it’s totally disrupting our business,” Mark Read, the […]
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