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Breaking News: Markets

We’re raising our price target on Apple after earnings beat and raise

by Adrian Jhonsan
We’re raising our price target on Apple after earnings beat and raise

Apple did it again: Despite all the worries about China, the consumer tech giant hit back with beats on the top and bottom lines, sending shares up 6% in after-hours …

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Categories World

FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board

by Milton Acorn
FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board

Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC The Federal Trade Commission on Thursday accused the former Pioneer Natural Resources CEO of colluding with OPEC to raise …

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Categories Science

Coterra’s smart production pivot leads to an excellent quarter, sweeter outlook

by Milton Acorn
Coterra’s smart production pivot leads to an excellent quarter, sweeter outlook

Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding’s nimble production strategy is the right one for shareholders. Revenue in the three months …

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Categories Science

WTI edges higher, holds above $79 after sell off

by Milton Acorn
WTI edges higher, holds above  after sell off

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | Reuters U.S. crude oil edged higher on Thursday after …

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Categories Science

ADP jobs report April 2024: 192,000 jobs added

by Adrian Jhonsan
ADP jobs report April 2024: 192,000 jobs added

Private payrolls increased at a faster-than-expected pace in April, indicating there are still plenty of tail winds for the U.S. labor market, according to ADP. A separate report indicated that …

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Categories World

Why hundreds of U.S. banks may be at risk of failure

by Adrian Jhonsan
Why hundreds of U.S. banks may be at risk of failure

Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip below their minimum capital requirements,” …

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Categories World

Estee Lauder is punished for its light guidance. Here’s why we are not joining the sellers

by Adrian Jhonsan
Estee Lauder is punished for its light guidance. Here’s why we are not joining the sellers

Estee Lauder tumbled Wednesday as investors focused on the company’s weak fiscal fourth-quarter outlook instead of its strong third-quarter numbers. We’re looking deeper and believe that business fundamentals and profit …

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Categories World

Exxon Mobil reaches agreement with FTC, set to close $60B Pioneer deal

by Adrian Jhonsan
Exxon Mobil reaches agreement with FTC, set to close B Pioneer deal

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters The Federal Trade Commission will wave through Exxon Mobil‘s roughly $60 billion acquisition of Pioneer Natural …

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Categories World

Trump Media shares plummet more than 5%

by James Odonell
Trump Media shares plummet more than 5%

Former U.S. President Donald Trump announced plans on Oct. 20 to launch his own social networking platform called Truth Social. Chris Delmas | AFP | Getty Images Trump Media shares …

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Categories Politics

‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans

by Adrian Jhonsan
‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans

WASHINGTON, D.C. – On a rooftop overlooking Gallaudet University in Washington, D.C., Julian Torres stands next to row after row of solar panels his company, Scale Microgrids, helped install as …

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Categories World
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