Chevron Corp
Stocks making the biggest moves premarket: Apple, Block, Atlassian, Reddit, Airbnb and more
Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance. Atlassian expects fourth-quarter revenue to range […]
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Like defense, Goldman says ESG investors should bring oil and gas stocks in from the cold
An oil pumpjack is seen in a field on April 08, 2025 in Nolan, Texas. Brandon Bell | Getty Images News | Getty Images Just as many mission-driven fund managers have reconsidered their defense policy in the wake of Russia’s full-scale invasion of Ukraine, an analyst at Goldman Sachs says it is now time for […]
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U.S. energy secretary’s former company crushed by oil sell-off after Trump tariff escalation
Chris Wright, chief executive officer of Liberty Energy Inc. and US energy secretary nominee for US President-elect Donald Trump, arrives for a Senate Energy and Natural Resources Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 15, 2025. Al Drago | Bloomberg | Getty Images Liberty Energy shares lost around nearly a third of their […]
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Trump says countries that purchase oil from Venezuela will pay 25% tariff on any trade with U.S.
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty Images President Donald Trump said Monday countries that buy oil and gas from Venezuela will face a 25% […]
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Mining giant Fortescue says Big Oil is getting it wrong on renewables: ‘Your customers want green energy’
Fortescue Metals Group non-executive Chairman, Andrew Forrest, speaks during a Sustainability Week conference in London on March 11, 2025. Adrian Dennis | Afp | Getty Images Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says Big Oil is getting it wrong on renewables — at a time when European energy majors are […]
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Friday’s big stock stories: What’s likely to move the market in the next trading session
Stocks’ attempt at extending the post-Fed rally failed on Thursday, with all three major averages notching modest losses. Here’s what CNBC is watching Friday. Source
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Energy Secretary Chris Wright says Trump push to produce more oil is driving down prices
Energy Secretary Chris Wright said Thursday that the oil market is discounting President Donald Trump’s push to produce more crude and gas in the United States. “We’ve seen a market discounting the fact that clearly it’s going to be easier to produce oil and gas in the United States,” Wright told CNBC’s “Squawk Box.” “More […]
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Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’
HOUSTON — The officials leading President Donald Trump’s energy agenda made clear to oil, gas and mining executives this week that they have an ally in Washington who intends to make it as easy as possible for them to drill in federal lands and waters. Interior Secretary Doug Burgum told executives gathered for the world’s […]
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An all weather investment that’s consistently positive for those tired of the market roller coaster
The first member of the CNBC Pro All Weather Stock list is a surprisingly resilient exchange-trade fund that offers high dividend income to boot. The timing is right for this list in particular because of the precarious set-up of the stock market so far in 2025. We’ll be adding to it periodically as the year […]
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From tariffs to DOGE, what companies are saying about the impact of MAGA policies
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via […]
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