Hundreds of Palestinians, including women and children living in east part of Rafah, migrate to the west part of the Khan Yunis with their few belongings loaded on vehicles following the Israel’s announcement on the evacuation of neighborhoods, in Khan Yunis, Gaza on May 6, 2024. Ashraf Amra | Anadolu | Getty Images Crude oil
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Maxim Shemetov | Reuters Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production. Net income for the three months up to March 31 came in at $27.3 billion, down from $31.9 billion for the same period last year, the company reported. The figure was in line with analyst expectations, according
In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT Darren Woods, chairman and chief executive officer of Exxon Mobil Corp, speaks during the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Monday, March 18, 2024. F. Carter Smith | Bloomberg | Getty Images Exxon CEO Darren Woods said Monday that the
Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 2, 2024. Doug Mills | Afp | Getty Images For three weeks, Donald Trump has bounced between the campaign trail and Manhattan Supreme Court, where he
In this article DUK SO D EQT KMI Follow your favorite stocksCREATE FREE ACCOUNT A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022. Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next
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 selling off to a seven-week low on a surge in petroleum inventories on softening demand. Here are today’s energy prices: West Texas Intermediate June contract: $79.40
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 prices, and barred him from serving on the Exxon Mobil board of directors once its planned $65 billion acquisition of Pioneer closes. The FTC filed
A smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Dado Ruvic | Reuters Coinbase reported better-than-expected revenue in its first-quarter earnings report on Thursday. The stock was trading about 4% lower in extended trading. Here’s how the company did, compared to analysts’
In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT The Albemarle lithium processing facility in Kings Mountain, North Carolina, US, on Wednesday, Aug. 10, 2022. Logan Cyrus | Bloomberg | Getty Images Albemarle‘s plans to reopen a resource-rich lithium mine in North Carolina will take longer than originally expected as a collapse in lithium
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 ended March 31 fell 19% year over year to $1.43 billion, beating the consensus forecast of $1.39 billion, according to analyst estimates compiled by LSEG.
Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Dado Ruvic | Reuters Block reported first-quarter earnings after the bell that exceeded analysts’ estimates. The stock rose 10% in extended trading. Here’s how the company did, compared to analysts’ consensus from LSEG. Earnings per share: 85 cents adjusted vs. 72 cents
In this article XOM CVX EQNR-NO SHEL-GB Follow your favorite stocksCREATE FREE ACCOUNT The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins
In this article XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT 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 Resources after reaching an agreement with the energy giant, a source familiar with the
Cryptocurrency exchange Binance founder and CEO Changpeng Zhao speaks at a Binance fifth anniversary event in Paris, France, July 8, 2022. Staff | Reuters Changpeng Zhao, the billionaire co-founder and former CEO of Binance, is expected to see his mammoth wealth remain intact and likely continue to climb even as he faces time behind bars
Changpeng Zhao, former chief executive officer of Binance, arrives at federal court in Seattle, Washington, US, on Tuesday, April 30, 2024. David Ryder | Bloomberg | Getty Images Binance’s billionaire founder Changpeng Zhao was sentenced to four months in prison on Tuesday, after pleading guilty to charges of enabling money laundering at his crypto exchange.
In this article @LCO.1 @NG.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT U.S. Secretary of State Antony Blinken attends a Joint Ministerial Meeting of the GCC-U.S. Strategic Partnership to discuss the humanitarian crises faced in Gaza, in Riyadh, Saudi Arabia, April 29, 2024. Evelyn Hockstein | Reuters Crude oil futures fell Monday as the U.S.
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT JPMorgan’s calls for a “reality check” on the world’s energy transition goals and pathway is a “sensible,” the UAE’s energy minister told CNBC. “We need always, whenever we put up predictions, especially long term ones, to have a reality check,” Suhail Al Mazrouei told CNBC’s
Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Dado Ruvic | Reuters Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. In a post on Tuesday, the global tech firm announced that it
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron beat earnings expectations Friday, but its profit fell from the year-ago period as its refineries and international gas business faced headwinds. The oil
ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time. “We believe that this is a unique time in technological economic history,” he told
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