Exxon Mobil Corp
Chevron beats earnings expectations, returns more than $7 billion to shareholders
Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The company’s shares were up 2.6% in the premarket following the report’s release. The oil major’s quarterly profit, however, declined substantially compared with the year-ago period due to lower margins on refined product sales, lower prices and the absence of […]
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Nasdaq 100 futures rise as investors parse latest tech earnings, await jobs data: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Nasdaq 100 futures advanced Thursday night as traders analyzed major earnings reports in the runup to the all-important jobs report. Futures tied to the tech-focused index added 0.4%. Dow Jones Industrial Average futures climbed 141 points, or 0.3%. S&P 500 futures ticked up […]
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Wealth manager for the super-rich names 3 stocks to buy before the year-end
Equity markets rallied this year, as investors remained bullish on Big Tech but also scooped up shares in under-the-radar companies. Ongoing political tensions and macroeconomic uncertainty have nevertheless raised questions over which sectors — and stocks — will outperform during the rest of the year . CNBC Pro touched base with Kevin Teng, CEO of […]
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Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street is under pressure Thursday, led to the downside by the tech-heavy Nasdaq Composite , which dropped more than 2%. The S & P […]
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British oil giant BP posts weakest quarterly earnings in nearly four years on lower crude prices
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices and lower refining margins. The energy firm posted underlying replacement […]
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Stocks making the biggest moves midday: Taiwan Semi, On Semi, Delta Air and more
Check out the companies making headlines in midday trading. Spotify — The music streaming platform advanced 2% after Wells Fargo named it a top stock pick . Analyst Steven Cahall cited Spotify’s rising profit margins, strong product mix and evolving record label relationships as catalysts while reiterating an outperform rating on the stock. Robinhood — […]
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Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald’s, TSMC and more
Check out the companies making headlines in premarket trading. Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company’s rising margins, strong product mix and evolving record label relationships. The bank currently has an outperform rating on […]
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Wall Street braces for a big week ahead of the election, with megacap tech earnings, key data on tap
Wall Street is about to get hit with the newsiest week yet ahead of the election — just as the stock market has started to falter. Investors will contend with earnings results from five of the Magnificent Seven companies next week. Alphabet’s results are set to be released Tuesday. Microsoft and Meta Platforms post their […]
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How oil-rich Arkansas became a hotbed of lithium mining
The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state. This comes at a time when global demand for lithium, driven by electric vehicles and energy-storage needs, continues to grow. In 2023, global lithium consumption reached 180,000 metric […]
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CNBC Daily Open: Oil soars as Middle-East tensions spike
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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