Apple, Intel, Amazon and more
Check out the companies making headlines in midday trading. Meta Platforms — The Facebook and Instagram parent soared 20.3% after reporting a threefold rise in fourth-quarter profit and declaring its…
Fourth-quarter earnings shaping up to be the best of 2023
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. Brendan McDermid | Reuters Here’s how big of a surprise…
Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Friday
Clorox – The consumer products giant saw a huge earnings beat. It’s also rebounding from last year’s cyberattack. “Things are back online, and there’s tremendous demand for their product,” Jim…
Red Sea crisis poses “very real risk” to oil, Chevron CEO says
The crisis in the Red Sea poses serious risks to oil flows and prices could change quickly if tensions lead to a major supply disruption in the Middle East, Chevron…
Apple longtime directors Al Gore and James Bell retiring from board
Former Vice President Al Gore speaks during the Agriculture Innovation Mission (AIM) for Climate Summit at the JW Marriott on May 08, 2023 in Washington, DC. Chip Somodevilla | Getty…
Money managers pick stocks for 2024 that aren’t the Magnificent Seven
There are plenty of stocks other than the so-called “Magnificent Seven” that are appealing right now, top money managers told CNBC on Thursday. The mega-cap tech stocks that make up…
Nvidia, Alaska Airlines, Twilio and more
Check out the companies making headlines in midday trading. Boeing — Shares of the aerospace and defense giant lost more than 6% after a door panel on a Boeing Max…
These 3 energy stocks offer the most upside in oil sector this year, Bank of America says
Energy investors will have a tough time navigating the market in 2024 with oil expected to remain volatile on geopolitical risks in Ukraine and the Middle East as well as…
What investors can expect from crude prices, and how to play it
Better times may be ahead for energy investors after this year’s declines opened major investment opportunities, and oil prices rebound. West Texas Intermediate futures are down about 7% in 2023.…
Occidental Petroleum to buy Permian producer CrownRock for $12 billion, raise dividend
Pavlo Gonchar | LightRocket | Getty Images Occidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The…